Pay up or your car engine will stop

[Maverick]

...2009

"While the devices have mostly been used in the subprime auto loan market, other lenders are looking closely at the technology"

http://www.cnn.com/2009/LIVING/wayoflife/04/17/aa.bills.shut.engine.down/index.html?iref=24hours

...Now 2014

"NYT PAGE ONE THURSDAY: SUBPRIME BORROWERS MUST HAVE CARS FITTED WITH TRACKING DEVICES… Lenders can remotely disable ignition… Developing"

http://investmentwatchblog.com/nyt-...ers-can-remotely-disable-ignition-developing/

 

[Roninsensei]

Technically the car is theirs. The only problem I have is when I pay it off and it's mine, I don't want that crap in my car to be usable against me.

 

[Gazrok]

Nothing some well-placed aluminum foil couldn't take care of, more likely than not....
No signal = no shut-down.

If they were really smart, they'd make it to where it had to receive the signal periodically to keep working. (of course, then, the solution is to simply come up with a way to dupe the signal, or rig the device inoperative, etc.)

Technically the car is theirs. The only problem I have is when I pay it off and it's mine, I don't want that crap in my car to be usable against me.

Yep, removal of the device upon full payment should be worked into the contract (and at dealer cost).