On the surface, this sounds like a useful device that may prompt more dealerships to take a chance on risky clientele. However, I think that if consumers must have this device, they should recieve a better interest rate and lowered insurance costs (this could also be useful if the car is stolen and financeers require the financee to carry insurance, which would be another reason to have the car turned off). If consumers receive neither of these benefits, then, once again, the poor are being even further disadvantaged. There are many ways that people with money (yes, I know this seems like an oxymoron), or with access to money, who are just plain irresponsible and earn themselves bad credit, can get around having a system like this installed in their cars.
I'm leery of any system that can be unfairly applied and I think this will probably disproportionately target the poor and/or underpriveleged (i.e. many struggling Black people).
