Some Colorado car dealers who are approving high-risk loans for the vehicles they sell are installing GPS tracking units to protect their investments.
According to KREX-T, the use of tracking units is an industry-wide practice, but few buyers are aware of it.
Several car dealers confirmed using the devices, but they refused public comment.
Dealers say they only use the devices when someone is delinquent on a loan.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Auto
Was this article valuable?
Here are more articles you may enjoy.
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme 
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals 
Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid 
