By on February 26, 2017

behind the wheel

Finance companies have begun using ignition kill switches and tracking devices, which allow them to disable and then easily locate vehicles for repossession. Some of the devices even remind borrowers when they’ve missed a payment. According to PassTime, a company that sells such devices, somewhere between 35 and 70 percent of cars financed on subprime loans have some variant of the hardware installed.

Now the the Federal Trade Commission is looking into whether these automotive finance companies are illegally harassing consumers with poor credit by imposing the hardware onto their vehicles — potentially violating their privacy while also garnering unnecessary intimidation from banks.  (Read More…)

Recent Comments

  • el scotto: Can I use the word “Amazonized”? One of the big car companies will look at Carvana or another...
  • Add Lightness: Good to see the electric motor power and battery pack capacity stated with the correct units. Any idea...
  • Inside Looking Out: “like Bugatti and Maybach did.” In the end all these zombies get brought up in...
  • Add Lightness: Jaguar will not go extinct, it will just have a long, long hibernation like Bugatti and Maybach did.
  • MRF 95 T-Bird: It’s the Fiat version of the Citroën Méhari. A soft reader for trails and the beach. The Méhari was...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber