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Mar 2, 2023
Miss Car Payment? Future Ford Vehicles Could Repossess Themselves
Miss Car Payment? Future Ford Vehicles Could Repossess Themselves
With the addition of kill switches and full-control automation of the car, they can be programmed to automatically repossess themselves if you miss a payment. Further, if the police want to pull you over faster than you pull yourself over, the kill switch could be used to force you to the side of the road. Even during a routine stop, your car could be disabled to prevent driving away prematurely. - Technocracy News & Trends Editor Patrick Wood By: Tyler Durden via ZeroHedge Ford Motor Company filed a US patent application that shows autonomous or semi-autonomous vehicles could potentially repossess themselves if their owners miss lease or loan payments. The idea of self-driving cars repossessing themselves might sound dystopian, but it is not surprising that automakers are considering this technology to ensure payment. Repossession is a common practice, and as we've described recently, cracks are beginning to form in the subprime auto loan market (read: here & here). While this pat
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