[Promoted] LeaseControl from Wialon brings peace of mind to car dealers and vehicle leasing sector
The market is expected to continue to grow, as consumers look for more affordable and flexible options when paying for new vehicles.
When standard GPS tracking is packaged with additional tools such as the ability to disable engines remotely, to control with geofencing, to receive data from the vehicle’s trackers, telematics platform becomes an essential tool for the vehicle leasing market in dealing with missed payments or vehicle theft.
It provides the tools to tackle the most pressing challenges faced by dealers, namely non-payment, auto theft and vehicle recovery. Inevitably there will be times when customers miss payments and ultimately break the terms and conditions of the lease agreement. Again, GPS tracking helps protect the asset owner and it is possible to establish a geo-fenced area so the leasing company is automatically notified should the vehicle leave a predetermined area such as crossing a state line or international border.
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