True Price, the innovative start-up that offers free vehicle evaluations to South African motorists, has added another string to its bow of product offerings: tracking and vehicle recovery.
According to Darryl Jacobson, managing director of True Price, he would like to see the website becoming a one-stop automotive shop. “Accordingly, we have partnered with experts in their field. Firstly, we joined forces with Auction Finance. In terms of this JV (Joint Venture), we are able to offer private-to-private vehicle finance. Motorists can also refinance their paid-up vehicles. Now, we have partnered with Cartrack, and we’re offering vehicle tracking and recovery,” he reveals.
As Jacobson notes, vehicle ownership can be somewhat complicated. “There are all sorts of things to consider. It’s not a simple case of buying a car and driving it. We are trying to ease the motorists’ path,” he explains.
Given the fact that so many vehicles are stolen or hijacked in South Africa, a world-class tracking and recovery service has become essential in this country. “Accordingly, we decided to partner with Cartrack, one of the largest telematics companies globally and a leading provider of mobile asset management. We selected Cartrack because it has the highest audited recovery rate in the industry,” Jacobson reveals.
In fact, Cartrack has a 91% audited recovery rate, which means that in the event of a theft or burglary, there’s an excellent chance that a vehicle will be returned to its rightful owner.
Jacobson expects a high uptake of Cartrack’s products and services via True Price. “We serve thousands of motorists each month. These people typically want to buy or sell a car. Assuming they’re purchasing a car, vehicle tracking and recovery will be high on their list of priorities. Thanks to our JV with Cartrack, we are hoping to provide a world-class tracking and recovery service to South African motorists,” Jacobson concludes.
Original source: True Price
Not all vehicle models and brands are created equal. This is according to an analysis of the actual price a specific vehicle achieved on auction, as a percentage of the original list price for that same vehicle one year earlier.
There were lots of big winners in 2019. In politics, Boris Johnson came up trumps (no pun intended). At the Oscars, Bohemian Rhapsody was the big winner. In motorsport, Lewis Hamilton reigned supreme. And, in the South African motor industry, the Volkswagen Tiguan was the big winner in the resale value stakes.
The results of the recent inaugural WesBank Fuel Economy Tour are in – so we know which vehicles are super economical. But how do those vehicles fare in the resale stakes?
The Mercedes-Benz GLC is famous its comfort, the Audi Q5 is a benchmark when it comes to refinement, the Volvo XC60 is synonymous with safety, the Jaguar F-Pace is spacious and handles well while the BMW X3 is a technological wunderkind. But which of these mid-sized sport utility vehicles (SUVs) has the best resale value?