- Ford wants to patent a system that would let cars repossess themselves if drivers miss payments.
- At first, the cars would lose the use of features like GPS, air conditioning, and the radio.
- If the owner still skips payments, the car could lock them out and drive itself to a repo agency or even a scrapyard.
That's fucked up. First, we've all heard of some recent problems with self driving cars, so until that danger is overcome, NO. But what also concerns me, is how will this be abused? It can be as simple as a failure in Fords cyber security, and a hack reeks havoc. That can cause fatalities on the road if activated at the wrong time. I also have concerns giving others access remotely to my vehicle, and allowing them to lock it down, until I can clean my stuff out. What if the car has these features, and it's been financed thru a private bank, and not Ford? What happens if it breaks down, and leaves me stranded, and why should I pay for ANY part of that, if I'm on time with my payments? Will law enforcement have access to it?Ford wants to allow your car to lock you out — and even drive itself to an impound lot or scrapyard — if You Miss payments
https://www.msn.com/en-ca/money/oth...or-scrapyard-if-you-miss-payments/ar-AA183HvS
Gives new meaning to the phrase "recovery vehicle"
Fuck dude, you can't even touch a decent 4x4 pick up, for less then $60k-$80k, and that's not lifted and ready for off road, or pimped out. That's just a simple Chevy or Ford. I think most banks have had to started to extend the time to pay on all cars, even used. A couple of decades ago, they would give you 48 months on a used ride, now they'll give you 60 or 66 months.Wow - the head of Toyota North America thinks it won't be long until the average transaction price for a new vehicle in the US hits $50,000 - and it isn't that far off currently, at $49,507 (!):
https://autos.yahoo.com/toyota-execs-think-well-paying-193200783.html
https://autos.yahoo.com/1962-corvette-falls-off-transport-201527083.html
Oh my, this will make you weep out loud. I'm still clenched up from watching it.