TechValidate Research on GoldStar


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




About This Data

This data was sourced directly from verified users of GoldStar by TechValidate.

TechValidate verifies the identity and organizational affiliation of all participants that contribute to published research data. When research participants so desire, we also guarantee their anonymity so that they may share information honestly and freely.


More Research on GoldStar