Car Rental Telematics Tracking System
Car Rental Telematics System
Automotive financing and leasing contribute to economic growth and promote consumption but face many challenges in developing markets. In particular, issues such as loan fraud, lease fraud, malicious loan defaults, and equipment tampering are frequent in the auto mortgage, car rental, and bank mortgage industries due to the inability to track vehicle locations and usage status, which affects the performance of car financing companies.
Car Rental Management Challenges:
- Malicious loan fraud
- Vehicle re-mortgaging
- Loan defaults
- Inability to track vehicle movements
Car Rental Telematics Tracking Solution:
By using pre-loan risk control assessments and risk level judgments, wired GPS and multiple wireless GPS devices are installed on vehicles, which effectively address financial risk control problems. Through satellite positioning, financed vehicles can be monitored in real time, with clear driving routes and constant awareness of vehicle locations, helping banks and finance companies manage vehicles effectively.
Car Rental Telematics System Features:
- Risk vehicle monitoring
- Secondary mortgage point alarm
- Out-of-province alarm
- Abnormal stop alarm
- Geofencing alarm
- Removal alarm
- Overlong parking alarm
- Emergency alarm
- Speeding alarm
Car Rental Telematics Features Introduction:
Vehicle Location:
- Hidden installation of devices to ensure discreet tracking
- Establish an efficient information communication channel between the financing company and the vehicle
Vehicle Alerts:
- Boundary crossing and route deviation alerts, effectively controlling vehicle and customer movements
- Emergency alerts for timely customer assistance, improving user satisfaction
Remote Control:
- Remote fuel and power cutoff in cases of loan fraud, loan defaults, or vehicle disappearance
Report Statistics:
- Provides daily and monthly mileage statistics, accurately records customer vehicle usage data, and assists in settlement and billing
Car Rental Telematics System Advantages:
- Full-coverage risk warning:
Detects anomalies in advance, providing 41 types of high-risk alerts, ensuring no blind spots in management
- Flexible feature customization:
Allows for flexible configuration of risk control functions based on needs, improving management efficiency
- Real-time vehicle dynamics:
Monitors vehicle locations in real time, supports map switching, and allows for querying historical routes anytime
- Key vehicle monitoring:
Implements 24/7 precise tracking for high-risk vehicles
- Restoration of real user data:
Uses data mining to understand the borrower's activity area, precisely mapping user profiles
- Visual reports:
Generates detailed analysis reports on vehicles, anomalies, driving behavior, and overdue payments
Through the Car Rental Telematics System, financing companies can more effectively manage risks, improve efficiency, and provide users with a safer and more convenient car rental experience.
