Mastering the Use of GPS Tracking Products in Car Rentals and Auto Finance

With over 10 years of experience in the automotive finance industry, we serve a wide range of clients, from fleet operators like car rental companies to retail customers. The needs of these different customer segments vary, and our GPS tracking products are tailored to meet those specific requirements.

For car rental companies and auto loan providers, the primary goals are safeguarding vehicle assets and achieving optimal rental utilization. Let’s explore how GPS tracking solutions can help secure vehicle assets effectively.

1. Beyond the Basics: Advanced GPS Tracking Capabilities

Most people associate GPS tracking devices with basic functionalities like providing network access and locating stolen vehicles for recovery. While these are essential, they barely scratch the surface of what modern GPS tracking can achieve.

Enhanced Geofencing for Asset Protection

– Conventional Geofencing:

Many companies set simple boundaries, such as city limits, to trigger alerts when a vehicle crosses them.

– Advanced Geofencing:

Using historical theft data and business scope, we help clients design tightly defined geofences. Although this increases alert frequency, additional screening tools minimize false alarms and maximize the effectiveness of this feature. This proactive approach significantly improves asset security compared to conventional geofencing.

2. Analyzing Driving Behavior to Detect Risks

GPS trackers can record driving duration and routes, providing critical insights to identify potential risks:

Patterns of Suspicious Driving Behavior

– Theft Indicators:

Prolonged and continuous driving over long distances, especially within a short time frame, often signals theft. Thieves typically attempt to move vehicles out of city or country borders quickly, dismantle the GPS, and sell the vehicles.

– Normal Driving Behavior:

Rental customers frequently stop at locations like gas stations, hotels, or entertainment venues.

– Anomaly Detection:

Driving without breaks or exhibiting unusual patterns can trigger alerts for further investigation.

3. Combining Wired and Wireless GPS for Maximum Security

Knowing that thieves expect rental vehicles to have GPS tracking, we recommend using both wired and wireless GPS devices to enhance protection:

Wired GPS Devices (ROCK-RTC02)

– Continuous Data Transmission:

Powered directly by the vehicle, ensuring real-time and uninterrupted data flow.

– Additional Features:

Includes functions like remote fuel cutoff and vehicle locking, rendering the car immobile. These features are unique and highly effective for asset security.

– Potential Drawback:

Being directly connected to the vehicle makes these devices easier to locate and disable.

Wireless GPS Devices (SHADOW-RTW10)

– Stealth Advantage:

Equipped with high-capacity batteries, these devices can transmit data once daily for up to 3 years.

– Backup Security:

If a wired GPS is disabled, the wireless GPS continues to provide tracking data, ensuring uninterrupted asset monitoring.

By combining the strengths of both wired and wireless devices, we help clients significantly enhance vehicle asset security.

4. Confidence in Solutions and Service

We believe in the strength of our products and services. Even if these strategies are known to criminals, our solutions are robust enough to provide effective protection and peace of mind to our clients.

We welcome car rental companies, fleet operators, and individual customers to explore our GPS tracking solutions. Let us assist you in safeguarding your assets and improving your operational efficiency.

Contact us today to learn more about our products and services!

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