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Hide Your Kicks, Hide Your Wife: Nissan's Credit Branch in Hot Water Over Illegal Repossessions

Nissan’s credit arm landed in some big trouble this week. It turned out that there are literally some rules around repossessing a car from a consumer. Apparently Nissan Motor Acceptance Corp. didn’t read those rules, and now they’ll have to pony up.

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Lou_BC Maybe if I ever buy a new car or CUV
Lou_BC How about telling China and Mexico, we'll accept 1 EV for every illegal you take off our hands ;)
Analoggrotto The original Tassos was likely conceived in one of these.
Lorenzo The unspoken killer is that batteries can't be repaired after a fender-bender and the cars are totaled by insurance companies. Very quickly, insurance premiums will be bigger than the the monthly payment, killing all sales. People will be snapping up all the clunkers Tim Healey can find.
Lorenzo Massachusetts - with the start/finish line at the tip of Cape Cod.

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Hide Your Kicks, Hide Your Wife: Nissan's Credit Branch in Hot Water Over Illegal Repossessions

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