The use of GPS technology in auto sales and rentals is increasing rapidly. Listed below are a few of the ways that it has been used or might be used in the future. If you would like to share additional ideas on how GPS can be used please email them to:
GPS Use in Auto Sales and Rentals:
Tracking
Rental Cars: Some car rental companies have
installed GPS tracking on their rental cars to monitor
milage, speed and location of their cars. These
companies have levied heavy surcharges on customers
who were found to be speeding or going outside of
the area covered by the lease agreement. This type
of monitoring has been challenged because the vehicle
monitoring practices were not clearly explained
to customers.
Monitoring
High Risk Auto Loans: Cars sold to some buyers
with a poor credit history could be equipped with
transmitting GPS units to monitor the whereabouts
of the car and disable it in the event of a loan
default.
