TechValidate Research on GoldStar

These pages present data that TechValidate has sourced via direct research with verified customers and users of GoldStar. TechValidate stands behind the authenticity of all published data. Learn more »



1,569 Customers Surveyed

12,010 Data Points Collected

65 Published TechFacts

28 Published Charts

6 Published Case Studies



Selected Research Highlights


GoldStar Customer Statistic

70% of surveyed customers were able to extend credit to more buyers as a result of using GoldStar.

70%

GoldStar Case Study

Corridor Motors II

Introduction

This case study of Corridor Motors II is based on a December 2017 survey of GoldStar customers by TechValidate, a 3rd-party research service.

How has GoldStar positively impacted your business?

“GoldStar has greatly lowered our recovery time and cost. We have also set up Geofences that notify us when a customer travels out of state, giving us a better chance to recover the vehicle if needed.”

Challenges

The business challenges that led Corridor Motors II to evaluate and ultimately select GoldStar:

  • Reducing vehicle recovery time
  • Quickly locate delinquent customers/vehicles

Use Case

GoldStar customers see better results by installing devices on more of their vehicles:

  • Corridor Motors II installs GoldStar on 76-100% of their vehicles

Results

Corridor Motors II achieved the following with GoldStar:

  • Significantly reduced delinquencies
  • Significantly increased vehicle sales
  • Significantly reduced vehicle recovery time
  • Increased return on capital
  • Ability to extend Credit to More Buyers
  • Increased number of buyers able to extend credit to
  • Found the following GoldStar features most beneficial to their business:
    • Proactive Alerts
    • GeoFence Alerts
    • Location Genie

Spireon GoldStar Customer Statistic

92% of dealers agreed with the following statement:

“Great Customer Support is one of the key benefits I get with GoldStar.”

Spireon GoldStar Customer Research

Do you use GoldStar’s Impound Lot notifications or reports?

Yes
62%
No; know about it but don't use it
27%
No; don't know about it
11%

GoldStar Case Study

Clement Autos

Introduction

This case study of Clement Autos is based on a December 2017 survey of GoldStar customers by TechValidate, a 3rd-party research service.

How has GoldStar positively impacted your business?

“It has allowed us to be competitive.”

Challenges

The business challenges that led Clement Autos to evaluate and ultimately select GoldStar:

  • Lower delinquencies
  • Improve customer communication
  • Reduce vehicle recovery time
  • Quickly locate delinquent customers/vehicles
  • Qualify more buyers

Use Case

GoldStar customers see better results by installing devices on more of their vehicles:

  • Clement Autos installs GoldStar on 76-100% of their vehicles

Results

Clements Autos achieved the following with GoldStar:

  • Significantly reduced delinquencies
  • Significantly increased vehicle sales
  • Significantly reduced vehicle recovery time
  • Increased return on capital
  • Able to extend credit to more buyers
  • Found the following GoldStar features most beneficial to their business:
    • Proactive Alerts
    • Web Dashboard

GoldStar Customer Research

What percentage of the cars you sell have a GoldStar device installed?

76-100%
62%
51-75%
18%
26-50%
11%
0-25%
10%


More to Explore



About GoldStar

GoldStar™ is the leading GPS solution empowering subprime dealers and lenders with insightful data analytics to make financing vehicles easier, less risky, and more profitable. For Lenders, Credit Unions and BHPH Dealers, GoldStar delivers tools for vehicle location, reference verification, easy recovery recourse, predictive default analytics, and payment collection.

GoldStar Website   Spireon Website