
Ford's latest patent application shows a new way that cars could be repossessed in the future if their owners don't make payments on time.
The patent application, first reported by The Drive, was filed in August 2021 but wasn't published until last week. It shows that Ford is interested in building a system that would allow a car to lock out its driver and even repossess itself, if its driver doesn't keep up with payments.
If the owner is still behind on payments at this point, the car may take some pretty drastic action. It may autonomously drive itself to a spot "convenient for a tow truck to tow the vehicle." It could also drive itself to a repossession agency, lending institution, or impound lot. In yet another case, the repossession system computer may communicate with the computer of the lending institution to identify the car's market value. If it would cost more to repossess the car than the car is worth, the vehicle could even drive itself to a scrapyard.
- TCD Dearborn News, Michigan