The practice of automotive dealerships utilizing tracking technology on vehicles, particularly those offered for sale or lease, involves the installation of devices capable of monitoring location and, in some cases, vehicle performance. These devices often employ GPS technology, enabling the remote monitoring of a vehicle’s whereabouts. Instances include tracking vehicles during test drives or after a sale but prior to complete payment or fulfillment of contractual obligations.
This monitoring capability serves multiple purposes for dealerships. It aids in asset recovery in instances of non-payment or suspected fraudulent activity. Additionally, it allows for inventory management and optimization of vehicle placement on the dealership lot. Historically, such practices were less common but have become increasingly prevalent with advancements in technology and the decreasing cost of tracking devices. The potential benefits include reduced financial risk for the dealer and improved efficiency in operations.
