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Vehicle Finance/Buy-Here-Pay-Here (BHPH)
CalAmp provides the most comprehensive wireless vehicle monitoring and tracking services for the Subprime and BHPH market through the Aercept brand. These products and services enable the vehicle finance industry to ensure timely loan payments and to expedite collateral recovery after loan default or skip, which has significantly increased our customer's profits, lowered their portfolio risk and increased their revenues by enabling them to offer loans to a broader range of applicants.
We take pride in tailoring an extensive and high value benefits package that surpasses any competitor offering. Easy to install and inexpensive to operate, CalAmp's Aercept Solution is invisible to the Vehicle Finance industry. Hardware can be moved from one asset to another with ease, and anyone with appropriate access can manage alerts and vehicles via the Internet.
Key Benefits
- Improve Accounts Receivable Collections
- Protect Vehicle Portfolio
- Recover Defaulted Vehicles Quickly
- Minimize Vehicle Damage
- Avoid Book Charge Losses
- Reduce Reposession and Skip Tracing Costs
- Increase Loan Opportunities - D Paper with a Risk!
Services for the Vehicle Finance/BHPH Market
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Vehicle Locating The vehicles location will be clearly marked on digitized maps and will provide speed, direction and street level address. |
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Remote Vehicle Disable/Enable Immobolize a vehicle and receive its location. Once the ignition is turned off, the vehicle will not start again until it is remotely enabled. |
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Location History Review Review location data for the past 90 days on one or many vehicles. this review will summarize the actions and alerts sent to and from the vehicle(s). |
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Automated Inventory Access weekly or monthly reports automatically that provide you with a detailed vehicle history. |
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Payment Reminder and Due Notification Audible buzzer notification from the device along with phone, email, SMS/text from the system to notify user of upcoming and/or past due items. |
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