New SmartLot Solution Offers Advanced Inventory Management and
Financial Tools
IRVINE,
Calif., June 18, 2024 /PRNewswire-PRWeb/ --
Advantage GPS, a leader in advanced GPS technology solutions and
automotive analytics and now a NIADA National Corporate
Partner, has launched SmartLot, an innovative inventory management
and F&I solution designed specifically for independent used car
dealers.
The game-changer is that Pulse can be a new
revenue stream with each vehicle sold.
Advantage's expansion into the retail sector with its proven GPS
and telematics technologies demonstrates its long-term commitment
to the used vehicle marketplace and FinTech companies. SmartLot
enhances a dealer's ability to manage and secure lot inventory
expertly and boosts finance and insurance (F&I) profits per
vehicle sold.
Developed in direct response to requests from independent retail
dealers seeking to automate processes and generate new revenue
streams, SmartLot checks all the boxes. Leveraging the same trusted
technology that has long supported vehicle finance professionals,
this innovative platform offers a comprehensive suite of
tools—hardware and software—designed, tested, and supported in the
U.S.
"SmartLot is a game-changer for independent used car dealers,"
said David M. Meyer, President of
Advantage GPS. "By listening to our customers and responding with
innovative solutions, we allow dealers to expertly manage and
protect their inventory."
Pulse Consumer App
Once a vehicle is sold, SmartLot becomes Pulse, a consumer app
that gives the consumer much-desired and highly valued vehicle
connectivity and becomes a dealer profit center.
"There are tremendous savings for dealers who can better manage
and protect their most expensive and at-risk assets, their
inventory," Meyer added. "The game-changer is that Pulse can be a
new revenue stream with each vehicle sold."
Key SmartLot Features:
- Real-time lot management
- Power and fuel management
- Streamlined floor plan audits
- Theft and Fraud Recovery Services
- Recovery Hotline
- Theft Protection Insurance
- Recourse Protection
- Unauthorized Movement Alerts
- Increased F&I per Vehicle Profits
- Enhanced Inventory with Connected Features
SmartLot by Advantage GPS, an all-American proven GPS solution,
delivers unprecedented connectivity and operational enhancements.
Crafted by industry leaders and designed, tested, and supported in
the U.S.A., this innovation
establishes millions of connections in the used car market, setting
a new standard for connectivity and profitability.
In conjunction with this product launch, Advantage announces its
new status as a National Corporate Partner of the National
Independent Automobile Dealers Association (NIADA). This expanded
partnership underscores Advantage's long-standing support for the
NIADA. It aligns with the association's mission to empower used car
dealers and ensure the success of the used car market
nationwide.
Jeremy Beck, NIADA Vice President
of Dealer Development, remarked, "We are excited to have Advantage
GPS become a Business Partner for 2024. Their support will help
NIADA continue to represent the interest of all independent
dealers."
"Our partnership with NIADA further strengthens our commitment
to supporting the used car dealer community with cutting-edge
technology," Meyer said.
As a National Corporate Partner, Advantage reaffirms its
dedication to empowering the industry with advanced analytical
capabilities. Advantage remains committed to the used vehicle
industry by providing products that help it improve its operations,
gain consumer respect, and increase profitability.
For more information about SmartLot and the expanded partnership
with NIADA, visit SmartLot.AdvantageGPS.com.
About Advantage GPS
Advantage is a leading provider of advanced GPS technology,
telematics, and sophisticated analytic solutions, serving all used
car dealer business models with tools to reduce risks, boost
profitability, and safeguard dealer assets. Boasting a proven track
record, the company serves over 4,000 customers across North America and manages over 4 million
connections monthly. Advantage supports and provides connect
technology solutions that help advance the used vehicle
industry.
About NIADA
The National Independent Automobile Dealers Association (NIADA)
has represented quality independent automobile dealers for over 70
years, providing valuable services and advocating for their
interests. NIADA is dedicated to empowering vehicle finance
professionals with the tools and resources they need to succeed in
the automotive industry.
Media Contact
Corinna Tutor, Advantage
Automotive Analytics, 1 949-422-7103, ctutor@proconanalytics.com,
smartlot.advantagegps.com
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SOURCE Advantage GPS