Dealerships can lose cash in a lot of methods however one that may fly underneath the radar of mainstream information is bogus injury claims that come into the service heart. Gjovik Ford says that it’s discovered an answer: high-definition safety cameras. It’s saving hundreds each month by way of their use.

We’re not speaking about old-school single-view cameras with fuzzy decision both. Positioning and high quality are key metrics for the system to work. Based on Todd O’Reilly, co-owner and basic supervisor of the dealership, it’s a posh community of cameras that can be utilized to trace each automobile, truck, and SUV that drives onto the lot. In complete, there are some 42 cameras inside the dealership partitions and one other 28 within the car parking zone.

“We just about can monitor a automobile from the day it will get there to the day it leaves,” O’Reilly stated. “We’ve had individuals come up and say ‘You broken our automobile,’ and we pull up the video and say ‘I’m sorry, however the injury was right here forward of time.’ ” That potential to close down the argument shortly and successfully has saved this supplier loads of money together with the time and power that it takes to argue the purpose.

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“You’d be stunned how many individuals say we’ve scratched their automobile or dented it, and loads of occasions you simply don’t wish to argue,” O’Reilly informed Autonews. “I believe we in all probability save between $3,000 to $4,000 a month in damages that individuals stated we brought on,” O’Reilly stated. “It’s much more than I anticipated.”

Based on O’Reilly, the system prices some $1,800 a month. Over the course of the five-year lease deal he’s bought on the gear it’ll value him just a little over $100,000. Hopefully, in that point he by no means wants to make use of it to assist monitor down a car. On the identical time, he will be comfortable that the dealership is getting just a little money again on his funding.