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Tow Alert for Auto Financing Companies

July 8, 2015 //  by GPS and Track

NEW TOW ALERT FEATURE FROM GPS and TRACK

One of the most powerful tools for sub-prime / buy here pay here car dealerships is a tow alert. The tow alert is a feature on a GPS tracking device that sends an alert when the car is being towed. It knows this because the GPS knows it’s moving but the engine is not on.

4G car tracking gps units.
4G car tracking gps units.

As a former buy-here-pay-here car dealership owner, I know how important this feature is.  I would get notifications from the State of Arizona impound lots that a car we owned was impounded.  The fees would be anywhere from a few hundred to over a thousand dollars. Why does it take so long them to notify the owner?  Simply, they earn daily impound fees.

The Cal-Amp LMU-200 offers tow alerts, backup battery, address verification, and of course GPS tracking technology. Car tracking units should not be looked as an expense but an important investment.  This technology will help you increase your collection income; earn higher profits, and lower repo rates.

Learn more about the 4G GPS TRACKING UNIT

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