Recovery Database Network (RDN) and Inilex, a national provider of vehicle telematics solutions, recently announced they have successfully integrated Inilex’s GPS-based vehicle location information into RDN’s vehicle repossession management software, giving dealers instant access to vehicle location information.

Officials insisted this integration is especially beneficial to special finance lenders and large-scale buy-here, pay-here dealers that must engage in repossessions with regular frequency and need an efficient and affordable way to manage the process.

Using the integrated technology, repossession agents who are part of the RDN network can quickly research a vehicle’s last location, giving them valuable time-saving information in conducting their repossession work. RDN and Inilex have made the service available to all dealers nationwide who engage with professional repossession services.

To date, DriveTime, one of the nation’s largest BHPH dealerships, has already incorporated the RDN-Inilex solution into its loss mitigation strategy.

“A seamless way to view a vehicle’s location online is critical to repossession agents who often spend hours or even days tracking a vehicle,” said Zach Hallowell, chief operating officer of RDN. “This new technology provides our customers with an accurate and simplified way to conduct their business.”

Inilex president and chief executive officer Michael Maledon added, “Many dealerships and lenders provide special financing for at-risk customers, and the reality is that repossession must be part of their business strategies.

“GPS tracking is one of the most significant ways dealers of all kinds can take costs out of their businesses. By integrating GPS technology into repossessions, vehicle management, inventory and back-office functions, dealers and lenders can run their businesses more efficiently,” Maledon went on to say.

For more information about RDN’s integration of GPS-based vehicle tracking data, contact RDN at (817) 204-0298 and select option No. 2. To learn more about Inilex and its solutions for dealers, visit inilex.com.