Some of it sounds like they expect 35% of the loans they give to default (at some point). Some of it sounds like they expect 35% of the loans that they have to default (each year).

Actually no. They repossess 35% annually. If all there loans were 12 months your comment would be true. But I suspect they finance a lot more 36, 48 or even 96 month loans.

The disabling of vehicles is what makes you mad? That’s the part I don’t have an issue with. Once you’ve missed 2 or 3 payments, you shouldn’t be able to drive the car.

Elon Musk had better coat the region of his sexual organs in gold leaf or paint? What an odd thing to say