> I'm in EU so don't know how really things work over there, but I would assume Tesla would need a judicial order siding with the bank to be able to do this ?

> I'm in EU so don't know how really things work over there, but I would assume Tesla would need a judicial order siding with the bank to be able to do this ? If a car was used as collateral for a loan, then bank would need a judicial order. But common way to buy a new car is leasing, where the car is owned by the leasing company during the period of the contract. If the contract says that lease is terminated when payments are not done, then i do not see why would leasing company need judicial order, when it is legal owner of the car (unless there is a specific legislation related to such kind of leases).