Ford’s self-repossessing car patent is a nightmare of the connected-car future
theverge.com
theverge.com
A good starting point would be to define ownership. Do you still own your car? Yes, you pay for it. Like in the case of a popular car manufacturer offering ventilated seats only if you pay them ARR, or another one offering a better turning radius if you are on an annual contract. What it always comes down to is ownership.
Companies file patents all the time. Doesn't mean they are ever planning on implementing this. If some auto-loan company decides to implement this in the form of software that goes inside the cars, using its autonomous sensors, or whatever else, Ford gets money.
This exact point was addressed..
> “We submit patents on new inventions as a normal course of business, but they aren’t necessarily an indication of new business or product plans,” Ford said in a statement.
> Even if you take Ford at face value there, this kind of thing absolutely can be done. In a world where automakers are actively fighting your ability to fix your own car.
> you have a card with a $15,000 limit and you're carrying a $2,000 balance on a card with a $5,000 limit, you have $20,000 of available credit and your ratio is a comfortable 10%. If you close the $15,000 card, your available credit plummets to $5,000 and your ratio skyrockets to 40%.
Maybe it is more fun of a game if they just give you the keys, you make payments, eventually you own the vehicle. Or you don't pay and they won't let you drive their vehicle... Or should other people be made to pay for it?
> If you stop using credit altogether, you'll eventually cease to be scored.
the "self repossessing" thing might help with the credit score - if you don't have any.
Though I could also imagine a scenario where the vehicle is on 4 jack stands with the wheels still on and if the autopilot came on it could injur or kill someone trying to work on it.
The list goes on. This is some "why do you care about privacy of you have nothing to hide" level logic.