Interesting subject. I can see both sides of the non payment thing. We, as a society, have done it to ourselves though. Go back a couple of hundred years, credit was not that easy to get, especially for large items. I don't claim to be an expert on the subject, but I do know the credit card as we know it didn't exist until the 50's. My parents didn't have many things they paid out on credit. And it was pretty hard to get a lot of it if you didn't know a banker.
I work at a place that sells electronic supplies and other related things. We have six or eight "note lots" that sell used (really used) cars for a down payment and weekly payments after that. They all buy the various terminals and other hardware from us to install the GPS devices on every car they sell. It stays on the car even after it's paid for, kind of a "gentleman's" agreement I guess. I have asked them if I buy one of their cars for cash will they remove the device, yes, if I ask. I don't like it, but every one of them says they have to do it. Too many times they get a down payment and never see the car again.
Now, as far as the "intellectual property" of JD and GM goes. I agree that anything you buy and get a title for should be yours to do what you will with it. I can assure you that a 2 or 3 hundred thousand dollar tractor will include in the price anything you can think of to use it for. That being said, I imagine the new bills of sale will say something about it now.
Do I like it??? Nope, and I'm thinking seriously about refurbishing my '84 Dodge truck and making it new again. I can work on it and make it without all that much in electronic tattle tales.
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