Advantage GPS Debuts
Industry’s First Unlimited
Risk Mitigation Protection Solution
Advantage’s Evo UL is the first GPS
solution that eliminates monthly airtime fees and device renewals.
IRVINE, Calif. (August 23, 2022)
— Advantage Automotive Analytics, a leader in
modern data analytics and advanced, risk-mitigation solutions for vehicle
finance professionals, today debuted
Evo UL, an unprecedented, unlimited connectivity GPS risk-mitigation solution.
By employing the latest GPS
hardware and applying sophisticated proprietary technology, Advantage is the
first to market with unlimited connectivity service. Evo UL
provides Buy here-pay here dealers and Subprime finance professionals the
industry’s first-ever, unlimited connectivity GPS solution that monitors and
protects automotive collateral with no contracts, recurring carrier fees, or
renewal charges.
Evo UL is now a key element of Advantage’s wired
collateral-protection portfolio that communicates via the 4G LTE platform and fully 5G-network compliant. Evo UL delivers essential data and analytics and provides
more protection throughout the life of a loan and beyond — eliminating any and
all recurring fees with one upfront payment. Benefits include:
• No monthly airtime fees — ever
• No renewal charges
• Unlimited device use and reuse
• Real-time monitoring
• Continuous protection
• Backup battery included
“We are first to market with this
unlimited plan,” said Brian Tate, Advantage’s Director of Product Management, “and
it’s a tribute to the vision and dedication of our senior leadership and our
skilled product development team. Once again, our customers drove this
innovation with their suggestions and requests.”
Evo UL allows users to more
accurately control fixed operating costs, up front, because there are no
additional charges or fees once a device is purchased. Users will never be
burdened with loss of connectivity because of a failure to renew carrier fees.
Setting itself above and apart
from its competitors, Evo UL gives its clients another major cost-reduction
possibility.
“Since there are no monthly
service fees nor renewals, users can incentivize their customers to return the devices
when a finance contract ends, the vehicle is traded-in or reacquired by the
finance company,” said Michelle Jackson, Vice President of Sales. “The devices
can be used for multiple vehicles over time, and our user dashboard facilitates
the process.”
Buy here-pay here dealers and
finance company professionals have long-awaited a risk-mitigation platform with
unlimited GPS connectivity. Skyrocketing inventory costs and increases in
delinquencies and charge offs have made the deep subprime business ever-more
challenging.
“It’s a solution that addresses
marketplace demands at a time when GPS protection is more necessary than ever
and cost-reduction is critical to profitability,” Jackson added.
About Advantage GPS
Advantage GPS provides modern
data analytics and advanced GPS technology that empower BHPH dealers and
vehicle finance companies to make smarter, faster, and more profitable business
decisions. The company’s seasoned leadership team has been revolutionizing risk
mitigation tools and real-time automotive analytics to help lenders protect
vehicle assets, reduce delinquencies, and speed up recoveries for over a
decade.
For more information visit AdvantageGPS.com
Media Contact:
Corinna Tutor
Vice President, Marketing
Advantage GPS
ctutor@advantagegps.com
949-422-7103