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Within the 1984 cult-classic "Repo Man", Harry Dean Stanton's legendary automobile repossession pro, Bud, uttered that immortal line. Twenty-some years later, the repo man is finding himself within an a lot more tense situation - near extinction. Technologies have not been kind to experts who roam the night searching for payment-delinquent cars. And, with inventions such as the PayTeck Smart Box quickly becoming industry standard, you have to wonder how long the repo-man population will diminish.

[http://communitymanager.rmc.fr/1140211/Smartbox-Promotion-Livraison-GRATUITE/ promotion code smartbox] - The PayTeck Smart Box is an electronic keypad that's placed in a car (usually underneath the dashboard somewhere), which necessitates the owner to penetrate a code each month to be able to operate the vehicle. In case a code isn't entered for reasons unknown, the car will be put in "shutdown mode" and also the driver will be struggling to start it. The therapy lamp belongs to the PayTeck system, wherein, determination purchase and arranging a payment schedule having a car dealer, users could make payments personally, by mail or by telephone (with a charge card). When a person makes a payment, they're given a five-digit code - which is then created an automobile's Smart Box to permit operation until the next payment arrives. In case a payment is not created by the payment date, the automobile won't start before the customer enters the code.

[http://communitymanager.rmc.fr/1140211/Smartbox-Promotion-Livraison-GRATUITE/ promotion code smartbox] - Although it keeps drivers under surveillance (sort of just like a repossession Big Brother), the PayTeck Smart Box is really quite beneficial to certain individuals. Specifically, the system allows dealers to finance vehicles for those who wouldn't necessarily be able to get a car otherwise. With all the Smart Box in place, dealers are willing to consider the extra risk because they have a safety net in position. The entire process of searching for and repossessing a vehicle is easier once the vehicle is incompetent at moving. Also, if the person simply forgets to create a payment one month, the Smart Box is equipped with a one-time-only emergency code. Once the code is entered, the car will begin once (and just once) so a person must make a payment at that time. And, for everyone who thinks they can just cut the vehicle battery and get rid of the chance to the Smart Box, reconsider that thought. These devices has its own backup battery that will provide power for about 5 years.

[http://www.ruedelachouette.org/noel-2012-code-reduction/ code smartbox] - The PayTeck Smart Box is usually working for car dealers who accept "high-risk" buyers (i.e. - buyers with low or no credit). These kinds of dealerships, which, unsurprisingly, have high non-payment rates, were once the bread and butter of the automotive repo man. But, with the Smart Box finding success, the repossession racket is taking a serious hit. In a USA Today article, one dealership that advertises "no turndowns" reported that, by the PayTeck Smart Box into their vehicles, repossessions dropped from 45 percent to less than 15 percent in 3 years. This kind of substantial drop helps make the technology mightily alluring to no-credit car dealers. Unfortunately, for your repo man, it may mean plenty of quiet nights.