Your Future Ford Might Drive Away If You're Late On Your Payments | Carscoops carscoops
As of November 2022, auto loans that were 60 days delinquent or more rose to over 1.6 percent. On top of that, repossessions are rising too and nowThat ability is at the heart of a new patent finally granted to Ford after its initial filing in August of 2021. And yes, it involves the car itself being able to literally drive back to a lender, the dealer, or somewhere else. There’s a lot more that a car equipped with such software could do to obtain payment from the owner too.
And yes, there’s a specific provision in the patent where the car could drive itself back to the loan provider. In fact, Ford says that it could also drive to the scrap yard if the condition and value are too low to warrant actually repossessing it for resale., the system goes so far as to allow the entity that’s trying to repossess the car to access cameras on the car to see if it’s parked in a garage “in order to foil a repossession.
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