A GPS Tracking Device can be very helpful for car rental companies to improve service levels and reduce damage costs. Installing a GPS tracker in your rented cars helps you to gain total control over it and access all the details about it anytime. It is a great tool to track your company vehicles once they move out of the office.
Car Rental is an industry where damage or loss of a vehicle can financially affect the company budget. GPS tracking is a great tool to control on vehicles and gain maximum value on the investment. Here are some the main advantages of a GPS tracking device for rental cars.
GPS Tracking Device for Rented Cars
Quick Recovery of Stolen Vehicle
Vehicle recovery is the main headache for the car rental industry. Missing and stolen vehicle incidents are very common here and causes a huge financial burden on the business. Installing GPS devices in the vehicles can assist you to recover the lost vehicles very easily. You can always identify the location of the vehicle which is very helpful to recover it. You can also create Geo Fencing based on the locations, customers are going to visit. Whenever the vehicle will move out of the area, you will get an alert by the software and can take further actions in advance.
Restrict Vehicle Misusages
Vehicle misuse is another common problem in the rental industry. After booking and rental agreement creation, the vehicle is at the mercy of the customer till they return. Sometimes, customers misuse the vehicle and you have no idea for what purpose vehicle is being used. You can take some details in advance and then can track by using GPS Tracker. In case of any suspicion, you can contact the customer or can take some actions to keep your vehicle safe.
Keep an Eye on Customer’s Driving Behavior
Over speeding and reckless driving can harm your vehicle and even you may face some legal actions. With a tracking device, you can analyze the speed, path, number of halts etc. Contact with your customer in case of rash driving and warn them about it. Appreciate the customers who followed all the traffic rules and took care of your vehicle.
Improve Vehicle Life
One of the main factors of a successful car rental business in how long you can do business with the same vehicle. With GPS tracker, you can maintain the vehicle for a longer time and it reduces your maintenance cost. You can also schedule the maintenance at the right time, which is great for improving vehicle performance.