Phoenix – Inilex, a provider of telemetry solutions for vehicles, formed a product partnership with AutoStar Solutions, which provides management software to auto dealers and finance companies. As a result, buy-here pay-here (BHPH) dealerships will have access to the most advanced technology available to locate and secure their assets.
The InilexGPS system contains a comprehensive set of tools to reduce the costs associated with delinquent customer payments and repossessions. It uses vehicle telematics to locate vehicles in real time across all corners of the country, and includes features such as in-car payment reminders to assist with timely loan collections. This technology will be integrated into AutoStar’s dealer management solution, giving dealers the most powerful asset management service available today.
“A key value proposition that Inilex delivers to its customers is efficiency and reliability,” said Michael Maledon, CEO, Inilex. “Through this seamless integration, AutoStar dealers and lenders can now automate and simplify the process of securely tracking their assets.”
DriveTime, the nation’s largest dealership network for buyers with credit issues, and an existing AutoStar customer, deployed InilexGPS more than two years ago to protect its investments and help mitigate its risk. “Reliable asset protection is a necessary part of our business, and InilexGPS allows us to do that with great efficiency and confidence,” said John Gersitz, VP of Inventory, DriveTime. “Using InilexGPS has helped to substantially drive down the costs associated with delinquency and repossession.”
Via the InilexGPS Web interface, dealers can track vehicles 24/7 through their computer or mobile device. Additionally, they can access historical trip information, implement starter interruption functions, set geofences, establish speed alerts, monitor for tampering and send delinquent payment reminders – all supported through customizable reporting options.
“I have been very impressed with Inilex’s state of the art technology, and am thrilled that we have integrated our products. As such, our mutual clients will have best of breed technologies to guard their assets,” said, Antonio R. Rajan, Chief Revenue Officer, AutoStar.
Auto dealers can also use InilexGPS as an inventory management tool to track test-driven and employee loaner cars, ensuring the cars are accounted for, test drivers are abiding by safety rules and that battery levels are adequate.
