March 24, 2008
SysLOCATE New Payment Reminder System for Buy Here-Pay Here Dealers
SAN DIEGO, Calif. – SysLOCATE today announced the launch of a Payment Reminder system that will give buy here-pay here (BHPH) dealers additional tools to enable more timely collections. The Payment Reminder system, coupled with SysLOCATE’s industry leading features, gives BHPH dealers the opportunity to increase their collections and recover vehicles if necessary.
"The Payment Reminder system makes it very easy for BHPH dealers to send an alert when a customer’s payment is late. One mouse click and they can enable or disable the alert," said Claude Arbour, Vice President of US Sales at SysLOCATE. "The feedback we’ve heard from BHPH dealers in the field is a strong indicator that this system will be well received by our customers."
Payment Reminder, when enabled, gives off three loud beeps every time the ignition is started. Dealers that use Starter Disable can also disable the ignition for customers that ignore the Payment Reminder. SysLOCATE’s GPS tracking system enables dealers to quickly and easily recover a vehicle when a customer defaults on their loan. The addition of Payment Reminder gives BHPH dealers an additional opportunity to notify their customers before taking steps to repossess the vehicle.
SysLOCATE features include:
- Stop Track - When initiated it tracks where a vehicle stops over a 7-day period. This makes vehicle recovery quick and easy should a customer default on their auto loan.
- All Internal Antennas - Internal antennas reduce installation time by 50% and eliminate issues with pinched cables–which happen frequently.
- Auto Locates - Weekly or monthly auto-locates to verify the vehicle tracking unit is working.
- Low Cost Service Plan - SysLOCATE offers one of the most attractive service plans. 200 pooled locates, a 3 year plan and only $19.95 per vehicle tracking unit.
About SysLOCATE Inc.
SysLOCATE Inc., operating under their registered trademark SysLOCATE, helps companies with the management, location, tracking and recovery of their mobile assets. Based in San Diego, the company's SysLOCATE GPS tracking system and S3000i GPS Vehicle Tracking Units offer unique advantages with ease-of-use/install, functionality, and scalability not found in other commercial products. This includes the ability to manage diverse asset portfolios, receive real-time GPS tracking data from a variety of platforms/devices, and to operate over a variety of networks and countries. Additional information and a live, hands-on demonstration of the tracking capabilities are available at www.syslocate.com.
SysLOCATE is a registered trademark licensed to SysLOCATE Inc. All other trademarks are the property of their respective holders. Prices and specifications are subject to change without notice. 2008 SysLOCATE Inc. All rights reserved.