A variant of this already happens for low-end car dealers. If you don't make your car payment, you car won't work. The way that they prevent the scenario described is that they prevent the car from starting. So, the driver won't lose anything while driving, but may himself stranded in a parking lot.

And the capsule, never flitting, still is sitting, still is sitting,
On the palid dust of planet just below my chamber door.
And it's lights have all the seeming of a Demon's that is dreaming,
While the sunlight o'er him streaming throws its shadow on the floor.
And my soul from out that shadow which lies floating on the floor
Shall be lifted [to Earth] nevermore!