new revenue car dealers

How Auto Dealers can Make Extra Revenue this Tax Season

Today’s car dealers use GPS car tracking to manage inventory and collateral. But what if you could bring down the costs of GPS tracking, or even make a profit from it? Now you can, with both Goldstar GPS and Kahu from Spireon. To add a new profit center for your dealership, follow these 4 easy steps.

Step 1: Partner with Spireon for your GPS tracking needs.

GPS tracking has proven to reduce delinquencies, decrease vehicle recovery times and cost-effectiveness. As a result, dealers who use Goldstar GPS tracking have increased their ability to finance and serve more customers.

Why choose Spireon? Here are several reasons:

  • Spireon is the leader in GPS tracking, with over 2.5 million active subscribers.
  • To ensure nationwide network coverage even in rural or remote areas, we partner with all major cell providers, including Verizon, Sprint and AT&T.
  • We help dealers reduce the risk and cost of subprime loans.
  • As the market leader, we lead with innovative features such as automated reference checks and VIN scanning.

Step 2: Perform one-time installs on vehicles (or let us handle it).

Spireon’s GoldStar GPS devices are easy to install with minimal wiring and options for covert placement to avoid device removal or tampering.

Don’t have the time or manpower to install yourself? We offer the industry’s only nationwide professional installation service network with certified, trained technicians. Our services are available within 24-48 hours at your dealership.

We also provide a one-year labor guarantee, with quality control audits and a full equipment warranty.

Step 3: Offer Kahu as an add-on service to your customers.

kahu revenue

GPS Services have become key revenue generators at leading car dealers around the country.  You can offer next-generation, high-tech Connected Car apps to your customers by adding Kahu at the point of sale.

Kahu is a service that enables your customers to recover their cars if stolen, pinpoint the location of their car 24/7, receive alerts for speeding or unauthorized movement and access a vehicle’s trip history, all from the Kahu app on their smartphone.

Car tracking appeals to a wide audience, from parents who need to track their teenage drivers or to buyers who just want to keep their cars secure. In fact, the connected car market is expected to grow into a $152 billion dollar market by 2020, according to Business Insider.

A Wakefield study commissioned by Spireon also shows that dealerships are the ideal place to offer services like Kahu. The study shows that nearly 70% of consumers prefer to have connected car features installed by a dealership as opposed to installing the features on their own after car purchase.

While there are other connected car services, (some of which require consumers to install the GPS tracker into their car themselves and manually upload data to a computer) none of those apps can compare to the type of nationwide coverage and reliability that Spireon Kahu provides.

Step 4: Profit!

Here’s the best part – if you already partner with Spireon for GPS tracking, offering Kahu as an add-on service requires no extra work on your part except for offering it to your customer.

By selling Kahu, you profit from add-on sales and also provide your customers with tools to protect their vehicles and their loved ones. While not everyone can afford an expensive car with all the bells and whistles, Kahu lets your customer turn their vehicle into a protected smart car.

So, why look at GPS tracking as an expense when it can be a profit center? You earn additional revenue and your customers gain a connected car experience. For more information, call 800.557.1449 or visit the Kahu Dealer page.

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