More and more car dealerships are becoming targets for thieves looking to score big hauls of vehicles. Dealership theft cases have been on the rise in recent years, with an estimated $300 million worth of vehicles stolen from dealerships in the United States each year.
Dealers Are High-Value Targets
Car dealerships have become ground zero for an escalating motor vehicle theft problem. The reasons for this are multifaceted, ranging from the rise in car key cloning to lax security protocols adopted by some dealerships.
It’s a worrying trend requiring urgent intervention on multiple fronts if it is to be controlled. Otherwise, frequent thefts could leave many dealerships with unprecedented damage and significant financial losses.
How To Deter Would-Be Thieves
Protecting an automotive dealership is essential. Not only does it protect the inventory, but it also helps maintain a safe and secure environment for staff, customers, and visitors as well. Fortunately, many steps can be taken to reduce the chances of theft.
One of the best ways to secure your lot with the lowest overhead and fastest impact is to invest in a stolen vehicle recovery system. These systems use GPS technology to track the location of stolen cars and work with law enforcement to recover them quickly. By recovering stolen cars quickly, you can reduce losses and cut associated costs.
Investing in a stolen vehicle recovery system also creates an opportunity to generate additional revenue for your dealership. You can promote the added security features, such as geofencing and unauthorized movement alerts, to customers who we know are also worried about car theft. With the rising rates of creative vehicle thefts nationwide and law enforcement agencies encouraging customers to install aftermarket vehicle security systems, providing this type of theft protection offering to your customer’s gives them peace of mind.
When selecting a stolen vehicle recovery system, there are a few things you’ll want to consider. Some systems come with advanced features such as real-time tracking and virtual boundary alerts. More high-end vehicle recovery systems include things like access to a vehicle recovery hotline to provide you or your customers with direct access to recovery experts with extensive experience in coordinating with law enforcement to help recover vehicle’s faster.
By investing in a stolen vehicle recovery system, you can minimize losses and protect your dealership's profitability. Moreover, promoting the added security features to customers can lead to increased sales and customer loyalty. It's a win-win solution for your dealership's financial health and customer satisfaction.