EOS GPS

IoT-Based Technology for Stolen Vehicle Recovery

Car theft remains a huge problem for auto dealerships across the United States. In 2020, 873,080 vehicle thefts were reported to authorities, an almost 10 percent increase from the year before. Thieves regularly exploit vulnerabilities in keyless entry systems using sophisticated technology and can drive automobiles away in a matter of minutes. However, the emergence of the Internet of Things (IoT) technology for stolen vehicle recovery has made recovering these vehicles much simpler for dealers and insurance companies.

What is Stolen Vehicle Recovery?
As technology advances, so do the ways in which thieves are stealing vehicles. Several solutions have been introduced to keep dealer assets safe from criminals. As such, the Stolen Vehicle Recovery (SVR) market will grow by over 5 percent by 2023. SVR tools utilize a sensor with location-based services hidden within the vehicle. When stolen, the device is tracked using GPS frequencies and is leveraged by local law enforcement to accurately track its location.

Nationwide Coverage and Immediate Alerts
IoT devices offer a wide range of coverage. Stolen vehicle recovery systems, such as Elo GPS, use active GPS software that provides real-time location tracking and offers instant communication between the vehicle and the dealership. Using geofencing technology, or virtual perimeters, dealers can be notified via email or text when a vehicle exits a designated lot perimeter. This immediate notification, in conjunction with law enforcement, enables the inventory recovery effort as soon as it goes missing.
Usable by Law Enforcement
When a vehicle is taken from your lot, it is always best advised to not follow the vehicle yourself to ensure your safety. Contacting local law enforcement is your best first step towards recovering the vehicle. Elo GPS' Stolen Vehicle Recovery Hotline is available 24/7 and the team will work with local law enforcement to recover the vehicle once a police report has been filed. 

Features

Vehicle thieves are developing more sophisticated methods to steal cars. They can acquire smart keys or even change the vehicle identification number on vehicles. Thankfully, new technology is keeping cars smarter, safer, and more connected. 

A vehicle recovery device is a small, preinstalled device that is efficiently helping car owners locate missing or stolen vehicles. The device is especially helpful for new auto dealers as the hardware is difficult to tamper with by a thief.  

As one of the nation's leading vehicle recovery device providers, we offer comprehensive solutions to keep vehicles safe and secure. With Elo GPS, new auto dealers can leverage this technology to secure all of their dealership assets. The configurable hardware and intuitive application give dealers and managers instant visibility into their lots with real-time location tracking, theft protection, and more. 

Additionally, the hardware can stay installed and sold to the customer post-sale. This helps drivers keep their vehicles safe and secure once they drive off the lot. Through smart vehicle alerts, real-time vehicle tracking, and a Nationwide Stolen Vehicle Recovery program, both dealers and drivers can feel smart, secure, and safer than ever before. 

Smart Alerts
Smartphone access empowers dealerships to know exactly where their vehicles are as well as their current maintenance levels. Through smart alerts, dealers can instantly receive battery, fuel, geofence boundary, maintenance, and service alerts on their vehicles, all through a simple dashboard and mobile app. Having this data provides an extra security level and peace of mind to your daily business activities.

Additional Features

Theft Protection
Investing in a vehicle recovery device can limit the damage to valuable assets and prevent losses by helping to locate the vehicle in an effective and timely manner. When a vehicle goes missing, the first thing to do is file a police report.  Elo GPS' 24/7 Stolen Vehicle Recovery Team works directly with law enforcement to recover the vehicle as soon as possible. The team provides coverage throughout 98 percent of North America and offers a dedicated 24/7 support center that helps you use real-time tracking to locate cars.

Pricing
1 Year Agreement $199.00
2 Year Agreement $399.00
5 Year Agreement $599.00

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