Not your grand-daddy's repo man.
The Wall Street Journal
had an interesting article
yesterday about a new automobile device being employed by used-car dealers across the country. The contraption -- which disables a vehicle whenever its buyer misses a payment -- is apparently very popular in the Midwest.
chose to open its story yesterday with a brief profile of a Jamie De Lisle
, a Collinsville, Illinois, mother whose Buick is equipped with one of the devices. It begins to chirp and beep in the days leading up to an auto payment. Devices like the one in De Lisle's auto
can disable a car engine and send a satellite signal to the repo man pinpointing the exact location of the vehicle. Donald Birger
, president of InstaCredit Automart
in Collinsville and O'Fallon, Mo., tells the Journal
that he was initially "leery" of using the technology for fear that customers would object. But he tells the paper: "We have not lost a sale due
to our use of the device
Meanwhile Michelle Gibbs
of Blue Springs, Mo., compares the device to "those ankle bracelets they put on you
when you've done something bad
" and jokes that her Honda Accord is "under house arrest
" whenever it begins to chatter prior to a payment date.