WebMar 1, 2024 · Ford applies for patent that allows automaker to repossess cars remotely. Phoebe Wall Howard. Detroit Free Press. View Comments. 0:00. 1:49. Ford Motor Co. has applied for a patent on a system ... WebApr 8, 2024 · The first rule of preventing a vehicle repossession: Communicate early and often. Although lenders may have the legal right to start the repossession process the day after a missed payment, most give customers a grace period of at least 10 days when they won’t even charge a late fee. If you’re in this situation, the time to act is now.
Today in Manufacturing: GM Exceeds Demand; Ford Repossession …
WebFeb 28, 2024 · A patent application from automaker Ford was published last week for embedded vehicle systems that facilitate an automobile's repossession, including autonomously moving it to a repossession agency. The patent [PDF], which was filed in August, covers more ways to combat non-payment. The least intrusive is a helpful … WebJun 10, 2024 · In a 60 month term, I believe you can defer up to 8 payments. In the past, we have had to do this. They have deferred up to 2 payments in a row for us. Call them before the payment is late, and you should be able to do this. This would give you almost 3 months, before you would have to make a payment. flights to matangi beach
Ford patent for car repossession would lock owners out of their …
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