Imagine it's the near future, and you've bought a new car with a self-driving mode. But hard times hit and you fall behind on loan payments – then, one day you find your car has driven itself away to ...
Repossession often happens fast, which can leave you feeling stressed and unsure about your next move. When you miss payments or violate your contract, a lender may legally take the car without ...
Add Yahoo as a preferred source to see more of our stories on Google. Ford’s latest patent could allow self-driving cars to return themselves to the showroom in the event of non-payment (Getty Images/ ...
Average car payments have been rising for a while. Although auto loan delinquency rates have been down since the height of the pandemic, Ford applied for a patent to make the repossession process go ...
Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions ...
WCA § 425.206(2)(b) prohibits repossession of a vehicle by “[e]ntering a dwelling used by the consumer as a residence” except at the customer’s voluntary request. In Duncan the repossessor entered an ...
Ford has applied for a patent that would allow self-driving cars to repossess themselves in the event a customer fails to make their payments. The US automotive giant claims that the patent, titled ...