Dealerships face many challenges including a rise in theft, reduced margins due to comparison shopping, and increased customer expectations for quality service, meaning that dealers need to find ways to decrease costs and provide differentiated service. The Leverege Lot Management & Theft Recovery solution enables dealers to identify theft and recover stolen vehicles, manage inventory both on the lot and at satellite locations, and unlock a new F&I revenue stream to generate higher PVR.
Accurate and up-to-date inventory information empowers customers to browse the dealership's inventory both in person and remotely, building trust and boosting sales. Real-time location tracking streamlines the test drive process, reducing wait times and increasing customer satisfaction.
Real-time vehicle tracking simplifies inventory management, eliminating the need for costly manual audits and ensuring that inventory information is always up-to-date.
Location tracking solutions offer increased security by allowing dealerships to set up alerts for specific geofences or locations. When an event is detected, SMS and email notifications are sent in real time, enabling dealers to protect their inventory and recover stolen vehicles quickly.
Set operating hours and get notified when vehicles are moved unexpectedly to identify possible thefts or employee misuse.
If a vehicle’s gone missing, share its location with law enforcement to get recover your stolen vehicle.
Reconcile your entire inventory instantly, no manual process needed.
Get a global view of your inventory across multiple locations, all updated in real-time.
Additional F&I revenue per rooftop can easily exceed $500K per year, with the potential for $1M+ for larger rooftops.
Customers can use the mobile app to find their vehicles and quickly recover their vehicle in the event of theft, with a limited warranty of $5,000 cash and up to $1,000 insurance deductible if the customer’s vehicle isn’t recovered.