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Towing Term

Impound storage revenue

Definition

The per-day fees a towing company earns holding towed or impounded vehicles on its secured lot until the owner, lienholder, or insurer retrieves them.

Why It Matters

Storage fees are high-margin and bound by lot capacity, so a company with its own yard earns more per job than one that only tows, and yard capacity is a real value driver.

Where to Go Next

More Terms in Towing