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Solera > 实例探究 > Customer Success: Auto Credit of Austin
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Customer Success: Auto Credit of Austin

技术
  • 传感器 - 全球定位系统
适用行业
  • 汽车
适用功能
  • 商业运营
  • 销售与市场营销
用例
  • 资产健康管理 (AHM)
  • 车载远程信息处理
服务
  • 系统集成
挑战
Auto Credit of Austin, a dealership with multiple locations in the Austin, Texas area, was facing high costs associated with vehicle repossession. These costs included bailiff and legal fees, towing and storage charges, auction selling fees, and lost revenue from skipped payments. The dealership was looking for a solution to reduce these costs and improve their overall operations.
关于客户
Auto Credit of Austin is a dealership that operates several Buy Here Pay Here locations throughout the Austin, Texas area. They have been a client of Spireon GoldStar GPS for over seven years and have integrated the use of Spireon GPS vehicle tracking into their operations. They do not finance a vehicle without the asset protection provided by Spireon GPS vehicle tracking. The dealership was facing challenges with high repossession costs and was seeking a solution to mitigate these expenses.
解决方案
The dealership implemented Spireon GoldStar GPS devices in all their vehicles. They also fully disclosed the use of GPS vehicle tracking to their customers. This combination resulted in more on-time payments, faster and easier vehicle locates, reduced loan default costs, lower repossession costs, and less manpower and time spent on repossession. Additionally, Auto Credit asked their recovery specialists to include the removal and return of the device as part of the services performed, which allowed them to reuse the device on another vehicle.
运营影响
  • The implementation of Spireon GoldStar GPS devices led to more on-time payments from customers.
  • The dealership was able to locate vehicles faster and easier.
  • The costs associated with loan defaults were reduced.
数量效益
  • Reduced repossession rate by 15%
  • Average repossession cost before GoldStar GPS: $450
  • Average repossession cost after GoldStar GPS: $150

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