#424 - Reducing Repos with GPS Technology: What Independent Dealers Need to Know
The Independent Dealer Podcast
The Independent Dealer Podcast Mar 26, 2026
#424 - Reducing Repos with GPS Technology: What Independent Dealers Need to Know

#424 - Reducing Repos with GPS Technology: What Independent Dealers Need to Know

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#424 - Reducing Repos with GPS Technology: What Independent Dealers Need to Know
Term

GPS

GPS is the system that helps a phone or car know where it is. Here, it’s being used to notice when someone is messing with the car and to trigger the dealer’s process right away.

Company

Blitzfee

Blitzfee is the company handling the payment. The idea is that the customer gets a text right away with a way to pay immediately.

Concept

CBE, critical business events

CBE means “critical business events.” It’s basically GPS alerts that point out when something important is happening, so a dealer can take action instead of watching location data all day.

Concept

big data

Big data just means lots of information being analyzed together. The idea is that the GPS system can spot important patterns by looking at more than just one car’s location.

Concept

location is commodity today

They’re saying that simply knowing where a car is isn’t special anymore. What matters is using that location information to make better, faster decisions.

Term

impact sensors

Impact sensors are sensors that feel sudden hits or hard stops. If the device detects that kind of sudden movement, it can assume there was a crash and send an alert.

Concept

fleet management

Fleet management is how companies keep track of lots of vehicles at once. They use tracking data to manage things like location and alerts.

Concept

asset recovery

Asset recovery is when a company tries to find and get back a vehicle it financed. Tracking tech can help them locate the car faster and respond to situations sooner.

Term

payment processing

Payment processing is the service that takes the customer’s money and confirms it’s paid. In this case, it’s connected to the vehicle’s disabled state so the customer can pay right away.

Concept

payment reminder

Payment reminders are messages sent to the customer when they’re behind on payments. The system can be set up to send them at specific times so everyone gets treated the same.

Concept

repossession

Repossession is when a lender/dealer takes the car back because payments weren’t made. The speaker is saying that disabling the car remotely can count as repossession under some state laws.

Company

Buckeye

Buckeye is the company sponsoring the show. The host says they help dealers with insurance-type products to protect against losses.

Concept

warranties and service contracts

These are plans that help pay for repairs after you buy or finance a car. The host is saying customers can choose different coverage options.

Concept

gap

GAP insurance helps pay the “gap” between what the car is worth and what you still owe if the car is totaled. Dealers often offer it as part of a coverage package.

Concept

buy here, pay here

“Buy here, pay here” means the dealer both sells you the car and collects your payments. The dealer uses tools like GPS to help customers stay on track and avoid losing the car.

Concept

promise to pay

A “promise to pay” is when the customer agrees to pay soon. In this system, that promise can affect whether the car stays on or gets shut off.

Term

known address of a customer

The listener prefers a rule like: only disable the car when it’s at the customer’s known address. That way it’s less likely to affect the wrong place.

Term

mileage

Mileage is how far the car has been driven. Tracking it over time helps the system tell what “normal” looks like and spot when something seems off.

Concept

top five parking spots

They’re saying you should learn the car’s usual parking locations. If it suddenly starts parking in unusual places, that can be a warning sign.

Concept

impound lots

An impound lot is a storage yard for cars that have been taken by authorities. If a car ends up there, GPS tracking can help someone find it faster.

Concept

vendor

A vendor is the company that sells the GPS system to the dealer. They can also help with training so your team uses it the right way.

Concept

we always done that the way it's

They’re warning against getting stuck in old habits. If you keep doing things the same way, you might not get the best results from new tools.

Company

BlitzPay

BlitzPay is a company that helps dealers take credit card payments. The host says it also automates parts of the payment and texting process so collections are easier.

Term

AI

AI here is used to automate parts of dealer outreach—specifically audio/phone calling and potentially texting. The speaker suggests this can reduce manual work and make collections more efficient.

Term

credit card processing

“Credit card processing” is the payment infrastructure that enables dealers to accept card payments. The segment frames BlitzPay as offering competitive rates and an easy interface, which matters for dealer profitability and customer conversion during collections.

Term

install it properly

They mean installing the GPS the right way, not just quickly. If it’s placed and wired carefully, it’s less likely to have problems later.

Term

hardwire

Hardwire means connecting the GPS directly into the car’s power using wires. It takes longer to do correctly, so it affects how busy the shop is.

Concept

auditing all those procedures

Auditing means checking the work to make sure the steps are really being followed. It helps catch mistakes before they cause bigger problems.

Concept

spot audit

A spot audit means you randomly check some deals to see if the process is being followed. Doing it regularly helps you catch problems early.

Concept

recon

“Recon” means getting a used car ready to sell. It can include repairs and inspections, and if it’s not done right, it can cause bigger problems later.

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