3 ms·

I bought a car, but then decided to not make the repayments. What's the recourse for the lender?

• RHSeeger 2y ago
  To be fair, car sellers have also started things like being able to brick your car if you're behind on payments. Or, for the up and coming ones, have the car just drive itself back to the dealer (Ford).
  • monkeywork 2y ago
    can you share a link to this for story happening?
    • astura 2y ago
      https://stateline.org/2018/11/27/late-payment-a-kill-switch-can-strand-you-and-your-car/ https://stateline.org/2018/11/27/late-payment-a-kill-switch-...
    • themaninthedark 2y ago
      https://www.newscientist.com/article/2361657-ford-patents-car-that-can-repossess-itself-and-drive-back-to-showroom/ https://www.newscientist.com/article/2361657-ford-patents-ca... Ford got a patent for the idea.
      • monkeywork 2y ago
        a patent is VASTLY different than it actually taking place. The number of patents that get filed but never actually implemented could fill the grand canyon.
• astura 2y ago
  Cars are repoed when payments aren't made.