CAAR

What CAAR does

CAAR (Countrywide Asset & Auto Recovery, Inc.) is a privately held, Missouri-incorporated asset and auto recovery agency headquartered in Bridgeton, Missouri, with a single Recovery Operations Center and a St. Louis storage lot. The firm provides end-to-end collateral recovery for the lending community, covering voluntary and involuntary vehicle repossession, skip tracing, transport, locksmithing, secured storage, and auction/remarketing support across a 125-mile service radius around St. Louis that extends into Illinois.

Its core offerings are organized around three service pillars — Vehicle Recovery (covering RVs, buses, cars, motorcycles, ATVs, boats, and watercraft using owned recovery equipment), Skip Tracing (run from the Recovery Operations Center with credit bureau access and nationwide databases by caseworkers with prior field-agent or collector experience), and Transport & Liquidation (including personal property inventory, condition reports, redemption assistance, and auction/remarketing support) — supplemented by add-on locksmithing and fenced secure storage with 24-hour video surveillance. Field agents use wireless-connected laptops that push real-time updates, recovery information, and condition reports to the centralized Recovery Operations Center, with most assignments worked twice in the first 24 hours via night and day shifts.

CAAR earns revenue primarily through per-assignment transaction fees from lenders, plus professional-services fees from post-recovery offerings (storage, locksmithing, auction support). It distributes through password-protected portals (Recovery Database Network and Allied Finance Adjusters), phone, fax, and email, serving both the largest financial institutions with hundreds of assignments and small, locally owned banks or credit unions with single placements. The firm is fully licensed and insured in Missouri, and maintains C.A.R.S., CRA, and Allied Finance Adjusters credentials to remain compliant with CFPB regulations. No funding history, management team, financial statements, or product-launch timeline is disclosed in the available data.

Name

CAAR

Legal name

Countrywide Asset & Auto Recovery, Inc.

Website

https://caarecovery.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

CAAR (Countrywide Asset & Auto Recovery) is a licensed, Missouri-based recovery agency providing vehicle repossession, skip tracing, locksmithing, secure storage, and liquidation services to banks, credit unions, and financial institutions within a 125-mile radius of St. Louis.

Ownership category

akta.pro rank

Product category

Collateral Recovery Services

NAICS

Repossession Services (561491)

akta.pro primary industry

Debt Recovery & Asset Recovery (Repossession Coordination, Collateral Recovery) (BPAAAEAE)

Keywords

• Vehicle repossession services
• Collateral recovery agency
• Skip tracing services
• Asset recovery solutions
• Auto repossession services

Headquarters

HQ city

Bridgeton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Recovery Assignment Services: CAAR charges fees for each repossession assignment received from clients, including both voluntary and involuntary vehicle recovery services. They provide skip tracing, recovery operations, and post-recovery services as part of the assignment.
2. Post-Recovery Services: Additional revenue from post-recovery services including storage, auction arrangements, transport and delivery services, and vehicle liquidations

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

CAAR is a licensed and insured collateral recovery agency that recovers vehicles and other assets for financial institutions on default. The company provides voluntary and involuntary vehicle repossession, skip tracing to locate borrowers, post-recovery services including personal property inventory and condition reports, plus auction/remarketing support, locksmithing, and secure storage from its Bridgeton, Missouri Recovery Operations Center.

Product overview

CAAR (Countrywide Asset & Auto Recovery) is a full-service asset and auto recovery company serving the lending community. The company offers a unified service offering centered on collateral recovery for financial institutions, combining Vehicle Recovery, Skip Tracing, and Transport & Liquidation as core services. Additional add-on services include Locksmithing and Secure Storage. The portfolio is designed as a comprehensive end-to-end solution where clients receive dedicated caseworkers, real-time recovery updates, and assistance through the entire repossession lifecycle from skip tracing through auction.

Differentiator

Problem solved

Functional benefit

Products and services

• Vehicle Recovery (Repossessions)
• Skip Tracing
• Transport & Liquidation
• Locksmithing
• Secure Storage

Quantifiable outcome

• Most assignments worked twice in first 24 hours by night and day shift agents

Named customers3 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Recovery Database Network (RDN)coreTechnology or IntegrationCAAR uses the Recovery Database Network (RDN) as their primary client portal for assignment submission and tracking. Clients with RDN login credentials can submit assignments directly through this platform.
• Allied Finance AdjusterscoreChannel Partner/ Reseller/ DistributorCAAR is a member of Allied Finance Adjusters (AFA), an industry association. They receive assignments through the AFA secure assignment form and stay up-to-date on CFPB compliance regulations through their membership.
• Certified Asset Recovery Specialists (C.A.R.S.)minorOthersCAAR agents are certified through the C.A.R.S. program which covers all aspects of the repossession process
• Recovery Specialist Insurance GroupminorOthersCAAR field agents are trained and certified by the Recovery Specialist Insurance Group and/or CARS program

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Allied Finance Adjusters (AFA) Member Agencies:
• Lenders Recovery Services:
• Recovery Database Network (RDN) Listed Agents:
• American Recovery Association (ARA) Member Agencies:

Regional players

• EZ Repo / Regional Auto Recovery Firms:

Broad incumbents

• Copart (Auction/Remarketing):
• IAA (Insurance Auto Auctions / Ritchie Bros.):

Emerging players

• Skip Genie / National Skip Tracing Firms:

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CAAR