Veteran repo man (Harry Dean Stanton) cons young punk Otto (Emilio Estavez) into getting his wife's car out of "this bad area". Otto finds out he has just repossed a car and objects until he finds out the money he can make. From there the movie enters the Twilight Zone in more ways than one.
A true vision into the era it covers sleeze, low life trash, punk rock, and aliens from who knows where.

Director Alex Cox would go on to make Sid and Nancy and peppered the movie with lots of cameo's including the Circle Jerks as a lounge band.