Is Pay As You Go The Best Way To Pay For GPS Vehicle Tracking?

Andy Walters who is the managing director of Quartix, which is one of the leading telematics companies in the UK, predicts in two years time that pay as you go GPS vehicle tracking will be the way companies will choose to use rather than lease agreements.

Andy Walters thinks haulage firms will choose pay as you go because they are dissatisfied with suppliers taking pre-payments on five year leasing contracts then investing in more staff, exhibitions rather than saving funds for future costs and liabilities. He believes that there are companies within the GPS vehicle tracking industry that have insufficient funds to support customer contracts that have already been taken on.

In April 2009 Quartix launched their pay as you go service and it is currently accounting for 67% of their sales at the present time. Andy Walters believes that in 2010 pay as you go will account for 80% of their total sales with the remaining 20% divided between lease term contracts and outright purchase.

A number of Quartix competitors have criticized this move but Quartix believe the demand for pay as you go they have already experienced shows that it’s what customers want. A few companies have folded during the recession leaving customers with no GPS tracking systems and costs.