Agora Data and PassTime last week announced a partnership, bringing together the non-prime auto fintech platform with the provider of GPS-based asset tracking and recovery solutions.

Through this partnership, Agora dealers can receive access to special discounted pricing on select PassTime devices to deliver enhanced asset protection, improved recovery capabilities, and meaningful cost savings.

Participating dealers can now purchase PassTime TRAX hard-wired and Encore wireless devices at a “significant discount,” according to a news release. The advanced GPS technology can deliver real-time asset visibility that supports servicing and reduces risk.

“We’re excited to partner with Agora to bring their dealer members cost-effective, reliable tracking solutions that are purpose-built for the automotive finance ecosystem,” PassTime vice president of financial services Kevin Carr said in the news release.

“Our devices combine dependable connectivity with high-level vehicle intelligence, flexible installation options, and long-term value,” Carr continued. “They are designed to help protect vehicle assets with confidence and, when necessary, the ability to quickly locate and recover vehicles.”

PassTime TRAX is a hard-wired tracker that can deliver real-time location data, geofencing, and as well as PassTime’s BeyondGPS technology, which provides cellular location data in the event a GPS signal is unavailable.

Encore is a battery-powered tracking device that is smaller than a deck of cards and can be installed in seconds. The newest version of Encore is outfitted with PassTime’s BeyondGPS+ feature, which leverages GPS, cellular and Wi-Fi technology that’s designed to deliver accurate location data in nearly any situation.

These devices support proactive problem solving for the customer that can help address issues earlier and minimizes disruption for consumers.

Both devices available through the Agora partnership include a minimum of three years of airtime, delivering long-term value and predictable costs that support consistent, responsible servicing.

“Auto dealers today need smart, integrated solutions while staying efficient and competitive,” said Jeremy Beck, executive vice president of revenue operations and head of sales at Agora. “Agora’s partnership with PassTime gives our dealers access to best-in-class GPS technology at significantly discounted rates, making it easier to safeguard vehicles and strengthen portfolio performance.

“This reflects Agora’s commitment to align the interests of the consumer, the dealer, and the capital provider, and creates a more sustainable model that allows dealers to keep more of the value they generate and drive long-term profitability,” Beck went on to say.