Submission + - Dealers Install GPS To Repo Cars
jasomill writes: Dealer Marketing Magazine highlights the benefits of using GPS to track cars sold to sub-prime customers at so-called "Buy Here, Pay Here" lots. From the article: "The devices or receivers are becoming sleeker and smaller in size, making them more difficult for the delinquent customer to find and remove. The receivers are programmed to report details specific to the industry. Mainly location, as the whereabouts of a delinquent customer's vehicle is valuable information for a dealer that wants to recover the asset." I suppose it comes in handy in a market where "collections can become more important than sales," but how else could this be used, other than for repossessing a car? What laws, if any, are in place that require the dealer to inform the customer of the GPS unit, and to place limits on the device's use?
