Selling vehicles in a competitive environments means looking for every competitive advantage. In order to open the pool of eligible buyers and mitigate risk, many new car dealerships and "buy-here, pay-here" dealerships are controlling risk through the use of low cost GPS fleet management systems. Our VLU-1000 GPS system was designed specifically for the automotive industry and individuals wanting to protect a person vehicle. The VLU-1000 offers a car dealer or finance company the opportunity to finance to a broader range of credit scores without an equal amount of risk.
Consider the impact of being able to expand the number of vehicles sold to 5-10% more prospects because you have a reasonable assurance that you are likely to recover a vehicle in the event of default on the loan. The best part is the cost of the GPS system used to allow you to do this is rolled into the cost of the loan and the customer pays for the technology. Customers that have marginal credit and would not likely be able to get financing can now get a vehicle because you have less risk. The benefit of selling 10% more vehicles each and every month represents a huge increase in revenue to most companies for the minimal investment required by the VLU-1000 GPS tracking and recovery system.
There are several reasons why the VLU-1000 is so popular with the
automobile industry. The basic design was intended for one purpose only,
vehicle recovery at a price point attractive to car dealerships. There
are several ways the VLU-1000 GPS unit makes this possible. First is
that there are no monthly fees. You pay the locating the unit as you go.
There is no monthly fee required to keep the system active, no
administrative fees or hidden fees. You buy locates when they are needed
and you can share or pool your locates between vehicles in your account.
This means you can buy 500 VLU-1000 units and only buy 10 locates at a
time. This is a very cost effective model for the automotive industry.
Secondly, the VLU-1000 comes with an ignition relay which allows you to
prevent the vehicle from restarting. Blocking the ignition allows the
vehicle to be recovered at a much lower cost than using traditional
methods of searching for a vehicle over an entire city, state or
nationwide. It is as simple as locating the vehicle, blocking the
ignition and driving right to it.