When was the last time a sales associate couldn’t find a car for a test drive? Or have you ever been through a floor audit but unable to locate a unit? Had a vehicle stolen from your lot? You may benefit from an auto dealer inventory management system, also known as GPS.
Most car dealers are familiar with GPS tracking and may use it to protect or boost profits. GPS systems can allow dealerships to increase sales by saying yes to more buyers, keeping customers on track with their payments, and if necessary, ensure that a vehicle is recovered quickly.
However, vehicle tracking is not just about protecting vehicles after they drive off the lot. GPS can also be used to manage dealership inventory in many capacities.
Benefits of Using GPS for Dealership Inventory
Vehicle tracking benefits all areas of the dealership. From sales and service to lot security and finances. Here are a few things to consider…
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Sales and Service
GPS tracking allows sales associates to locate vehicles quickly so when a customer comes in wanting to test-drive a vehicle you’ll know exactly where it is on your lot or if it’s out for a test drive. This gets your customer behind the wheel quickly and keeps the sales momentum going.
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Managing Lot Security
As far as security is concerned, cameras and lot lights are left on at night, but car dealerships are still a target of theft. In case of theft, GPS for dealership inventory makes recovery fast and painless. You can just open your tracking app to look up the missing vehicle in your lot or fleet and locate it in real time.
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Improving Finances
In tightening your security and eliminating write-offs, you can save big on insurance. The fewer claims your insurance company has to pay out, the lower your rate will be. Your savings can be passed along to customers and subprime buyers.
Finding a Provider
As you can see GPS for dealership inventory can truly be beneficial—it’s just a matter of finding the right providers. The ACE Group has great options and would be happy to get you matched with the best provider for your business today!