Case Study: Auto Credit of Austin achieves 15% fewer repossessions and 66% lower repossession costs with FleetLocate

Auto Credit of Austin - Customer Case Study

Auto Credit of Austin is a Buy Here Pay Here dealer group in the Austin area and a Spireon GoldStar GPS client for more than seven years; the dealership requires GPS asset protection on all financed vehicles. Their primary challenge was reducing the high costs and revenue losses tied to prolonged repossessions—bailiff and legal fees, towing, storage, auction costs, and missed payments.

By installing Spireon GoldStar GPS devices in every vehicle and fully disclosing their use to customers, the dealer achieved faster, easier locates and improved on-time payments. Results include a 15% reduction in repossessions, average repossession costs falling from $450 to $150 (about 66% savings), and the ability to recover and redeploy devices, lowering overall recovery and manpower expenses.

Auto Credit of Austin

Sam Cox

General Manager