For "wireless" units, look for batteries that last 3+ years. Legal & Ethical Considerations
Include a specific "GPS Disclosure & Consent" form in your closing paperwork.
Some insurers offer better rates for fleets equipped with active tracking. Key Features to Look For
Allows you to remotely prevent the car from starting. Note: This usually won't shut off a moving engine for safety reasons.
Confidently lend to subprime borrowers or those with limited credit history.
Most states require you to inform the buyer in writing that a GPS tracker is installed.
If you are a car dealer offering "Buy Here Pay Here" (BHPH) financing, GPS trackers are essential tools for managing risk. They help protect your investment by ensuring you can locate and recover vehicles in the event of a default. Why BHPH Dealers Use GPS Trackers