This article will outline the price factors to keep in mind when buying or renting a vehicle tracking system for your business. You can also find our GPS Tracking Buyers Guide to help you make the right choice.
Vehicle & Car Tracking Costs
The cost of vehicle tracking systems will depend on whether you have one personal car or a company fleet. There are vehicle and van tracking price options for all budgets and fleets sizes. The level of tracking and extent of reporting will also affect vehicle tracking cost.
A personal tracker can cost less than £300 to install. Subscription charges work out at about 38p a day, roughly £140 a year. The cheapest vehicle tracking system will not report any data or generate any reports, but gets activated once you report your car or vehicle to the police as stolen.
Any vehicle tracking system fitted to your company car is likely to earn you a discount from your insurer and different discount rates apply between insurers.
Company Fleet Vehicle Tracking Costs
The cost per car of tracking systems for vehicle fleets usually decreases as the size of the fleet increases, but it may cost more than a standard tracking system because of the extra information needed.
Additional reporting information normally includes:
Speed limit alerts
How long the engine remains running when the vehicle is not moving
Hours active in the field during the working day
Another important reporting element for company fleets is the amount of business and private mileage accrued during each month. Business vehicle tracking systems cost can start from around 50p a day per vehicle.
GPS Tracking Buyer’s Guide
Fleetmatics has designed The Essential GPS Tracking Buyer’s Guide to help you with pricing, features and providers. We really like the checklist included at the bottom to help you decide on the best system for your business.
Passive vs Active Tracking
Broadly, there are two methods of tracking a vehicle in terms of sending data from the on board tracker to the server: Active and Passive tracking systems.
1) Active Tracking Systems collect tracking data using a satellite or mobile network to upload data live, enabling real-time tracking. Active tracking systems are necessary where time critical operations are carried out such as field service engineer team vehicles and courier/delivery operatives.
2) Passive Tracking Systems collect tracking data which, when the vehicle is returned to a certain point, can be accessed and analysed.
Find Reputable Vehicle Tracking Specialists
Looking for the best UK vehicle tracking system can be a daunting task when so many websites offer cheap tracking systems for all types of users.
It is important to get the best vehicle tracking provider for you as the correct tracking system will improve your vehicle's security, making your business more profitable and efficient and simply giving you peace of mind.