Sorry, please define what you meant by repossession then. As I understood, they were saying what I described would happen to the car, and you called it repossession. I was just rolling with the word I thought you were using.
Someone further up in the thread used the word repossession. Where I am from we typically shorten that term to “repo.” This occurs when you have “bought” a car, but on a finance or payment plan. So you have not paid the full price of the car, instead you are making monthly payments. If you fail to make those monthly payments, the car will be “repo’ed” it will be physically taken away from you. Used to be with a tow truck. Though if they can start it with a key or some electronic means they could do that too. This is not theft. Quite the opposite, the “buyer” is engaging in theft, as they are not paying for the item they agreed to purchase.
So that’s why my understanding of the definition of repo is not theft. But maybe there is a different definition I am not familiar with.
Had to double check the instance.
How is it theft?
If you make someone’s self driving car drive to your property, to use it as your own? Sounds like stealing to me.
Sorry, I thought we were talking about repossession.
Is that not what we are talking about?
Sorry, please define what you meant by repossession then. As I understood, they were saying what I described would happen to the car, and you called it repossession. I was just rolling with the word I thought you were using.
Someone further up in the thread used the word repossession. Where I am from we typically shorten that term to “repo.” This occurs when you have “bought” a car, but on a finance or payment plan. So you have not paid the full price of the car, instead you are making monthly payments. If you fail to make those monthly payments, the car will be “repo’ed” it will be physically taken away from you. Used to be with a tow truck. Though if they can start it with a key or some electronic means they could do that too. This is not theft. Quite the opposite, the “buyer” is engaging in theft, as they are not paying for the item they agreed to purchase.
So that’s why my understanding of the definition of repo is not theft. But maybe there is a different definition I am not familiar with.