PassTime Blog: Auto GPS

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Discover five interesting trends for used car dealers in 2024

If you feel like the last few years have been a rollercoaster for used car dealerships, you’re not alone. In 2020, pre-owned car prices skyrocketed due to consumer demand and decreased supply. “When we look back at the years immediately following the global pandemic of 2020, we’ll be awed by the dramatic swings and unprecedented […]

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Recent Regulatory Notices and Changes

PassTime would like to bring to your attention some recent Consumer Financial Protection Bureau (“CFPB”) bulletins which relate to our industry and the practices we should abide by regarding vehicle repossession and social media reporting. These changes can affect how your business or customers business is operating. Unfair, deceptive, or abusive acts or practices (UDAAP) […]

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3 Reasons Why Automotive Finance and Insurance (F&I) Managers Love Vehicle-Recovery Systems

Vehicle thefts increased year over year by 9% (873,000 stolen vehicles) in 2020, according to statistics from the National Insurance Crime Bureau. In certain cities like Washington D.C., New York City and Chicago, thefts skyrocketed by 50%, 68% and 134% respectively. As many as 44% of stolen vehicles are not recovered. Higher prices for both […]

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Why Your Dealership Needs GPS Solutions that Integrate with These Four Technologies

GPS solutions can do a whole lot more than simply track and locate vehicles, thanks to technology integrations. GPS solutions that are integrated with other operational and business critical solutions can help you gather critical business data, communicate with customers, manage payments and optimize your cash flow. When you’re deciding on a GPS-solutions provider, you’ll […]

5G Compatible Network

Why Your GPS Device Should Use a 5G-Compatible, LTE Category M1 Network

You’ve probably heard about how the Internet of Things (IoT) is transforming everything from healthcare to transportation. The IoT revolution is already here and might, in fact, be powering your 5G-enabled GPS vehicle tracker. Here’s why you should look for a GPS tracker with a 5G-compatible, LTE Category M1 network. Technology Longevity A 5G-compatible GPS […]

7 Reasons why every dealership needs a vehicle asset-management system

7 Reasons Why Every Dealership Needs a Vehicle Asset-Management System

The global pandemic has changed life as we know it, for better and for worse depending on the change. You're likely seeing both positive and negative effects occur simultaneously at your Buy Here Pay Here, Franchise or Powersports dealership or Finance Company. The pandemic led to an increase in used-car sales, as people reduced public […]

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