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If you lose a job and can't afford to pay for the car(but still might have some savings to pay for gas) it usually takes a few months between you missing a payment and you losing the car to the bank or a debt collector.

With this technology your car can be disabled as soon as a single payment is missed.




And other cars are disabled as soon as a single gas payment is missed.

The payment here is for the battery, not for the car as a whole.


Credit card auto payments are great. That is, until you get a new card with a different number or expiry. No matter how careful I am, I miss updating details with one company. I get an account locked, and an overdue fine. Having my car locked down would make the 2 yearly process somewhat worse. Great stuff.


So you have gas money but not battery money? Huh?


You have $10 a month to charge the battery money, but not $200 a month pay for the car money.


What's the rental fee? Is it more or less than the $100-200/month most people spend on gas?


Could be the same, but people scrape together gas money with greater urgency than they mail checks to pay bills, which I believe drives the change. Now people will be equally motivated to make their monthly payment.


In a bind, you can get that $100-200/mo much lower.

Perhaps they can offer a system where partial battery payments will get you reduced usage.


They would do that only if they have to fight a competitor, for sure. The whole idea of this rental is to follow the quite successful model one sees with ISP or mobile operators. Currently, they sell a car and that's it. They don't get more money if you use it for 20 years (my car, which is from another french brand, is that old).




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