Vehicle tracking for auto financing is the best way to protect and monitor your portfolio. Majority of our customers are from the buy-here-pay-here and sub-prime auto financing industry. It typically takes 51-weeks to breakeven on a finance contract. Why risk it. Vehicle tracking enables you to track the vehicle in real time to get your assets back.
Our vehicle tracking system is preventative. The car tracking device will alert you if something has gone wrong. For example, the car loses power. In that case, the backup battery will kick in and send an alert that it’s running of its own power. Not all GPS trackers have a backup battery. This is a very important feature.
The vehicle tracking system also has a tow alert feature. This feature is powerful. Almost anyone dealing in auto financing has dealt with a vehicle impound or a mechanic lien. These are often costly to the finance company because there are daily fees accumulating. A tow alert will notify you that the vehicle is being towed. It will also give you the exact location it got towed to. These type of features on our tracking devices will help protect your investments.
By using vehicle tracking in every car sold, you can focus on sales. The tracking device comes with starter interrupt so you can disable the vehicle if payment is late. If the customer isn’t paying, “good luck starting that car.”
Our vehicle tracking for auto financing includes:
- Includes 2-years of service – no monthly fees
- Starter disable included on our car tracking units
- Backup battery on GPS tracker
- Tow alert, impound lot alert, and free phone APP
- Easy to use vehicle tracking system
- Address verification
The founder of GPS and Track, Michael Fischer, comes from the buy-here-pay-here industry. “When looking for a high yield industry, I saw buy here pay here had upside potential with huge margins.” The problem he quickly realized is losing cars was common and destroy margins. “I lost a fortune and wasn’t utilizing GPS trackers. That is was got me to this side of the business. I wanted to protect dealers. That is why I started GPSandTrack.com.” GPS and Track offers tracking units for auto financing, fleet tracking, asset tracking, and more.