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· Deplorable Freedom Zealot
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Defaults on vehicle loans are soaring, especially among gen Z and millenials.

Ford has filed a patent to lock people out of vehicles for missing a payment.



 

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Defaults on vehicle loans are soaring, especially among gen Z and millenials.

Ford has filed a patent to lock people out of vehicles for missing a payment.



No problem. Bring it Ford!
 

· Si Vis Pacem, Para Bellum
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16,157 Posts
Defaults on vehicle loans are soaring, especially among gen Z and millenials.

Ford has filed a patent to lock people out of vehicles for missing a payment.



The problem is that most people have a new car financed through the bank of their choice. Once that happens then Ford motor company is paid in full and the consumer then owes the financial institution the money. That would equate to Grand theft auto perpetrated by Ford motor company.
 

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Hackers will defeat it. Ransomware for your car.
Two possibilities exist: the people behind this are either too stupid to account for that, or they're actively trying to make that happen. And I've quit attributing to stupidity that which is adequately explained by malice.

They're actively trying to make that happen.
 

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My vehicles use key locks, and none connect to Wifi, Cell, or Gps.
I barely have radios that work.
My daily driver is increasingly my bicycle. Got a few neighbours who still take their mule teams into town for the weekly grocery runs.

The last free people in America are going to be the Amish.:D
 

· Over and Out
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... I've quit attributing to stupidity that which is adequately explained by malice.
Quick aside: (y) Very Eloquent Summation of the Entirety of the 'MSM' / underbelly (Hollymold / online 'pundits') and their NWO-cartel puppetmasters.. The CFR and the Media :unsure:

OK, now back to the Ford-pummelers channel. :geek:

.02
jd
 

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I think it ford would gove access to the lender- thereby making lenders more ammenable to ford.

Infact- imagine if they could knock a half point of interest off the loan due to this "lockout" ability.

Im sure ford wouldnt mind cutting some deals with the scumbags who offer high interest zero down loans to desperate people.
 
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