How Much Does a Car Tracker Cost?
Factors that Influence the Price of Vehicle Tracking Systems
Basic car tracker costs can start from as little as £8.99, however, if you wish to obtain a reliable, high quality device designed for businesses, you need to be prepared to spend at least £199. The difference between these kinds of car tracker costs is generated not only by incomparably better quality, but they also have features that significantly distinguish them from the cheaper products available on the market.
Professional vehicle tracking has the ability to monitor and send real time reports and alerts, fuel and routes control, traffic updates, and drive safety analysis. Numerous vehicles can be connected to the same inner tracking system.
GPS tracking provides the exact location of your phone, car, or any other asset in real time. Using at least four satellites simultaneously, GPS keeps broadcasting the clear signal independent of the weather conditions. From now on you will always know where your cars (and their drivers) are. When installing a car tracker, keep in mind there are numerous vehicle tracking laws in the UK to abide by.
How much does a car tracker cost? Is a GPS tracker worth the money? While a tracking capability can undoubtedly benefit your business, the exact car tracker cost will depend on:
- Your product expectations
- Your fleet size
- Whether you opt to buy or rent the car tracker
|Buy vs. Rent||Price per Device|
|Rent for 1 year||From £169|
|Rent for 2 years||From £299|
|Rent for 3 years||From £389|
If you find yourself asking 'how much does a car tracker cost?', then Market Inspector can help you. If you would like to get more information, simply fill in the contact form above, and our team will provide up to 4 free, non-binding quotes.
Learn More about Car Tracker Costs in Our Guide
|Costs of Entry, Advanced, and Expert Level Systems|
|Should You Buy or Rent Vehicle Trackers|
|Advantages of Car Trackers for Your Business|
|Car Tracker Installation Costs|
|Find the Best Car Tracker for Your Business|
So how much does a car tracker cost? You need to be prepared to spend at least £199 per set, which includes device + tracking system. The diversity of your vehicle fleet will not influence the car tracker costs directly. You can use the same type of product in all car sizes: delivery, public utility and commercial vehicles, taxis, rental cars.
The costs will be dependent on your transport management system: fleet size, risk management, transport planning, and the territorial range covered by your company services (Europe or worldwide). Your expectations in relation to product features are also very important.
There are three levels of GPS car tracking systems: entry, advanced and expert. The features provided by each of them are as follows, and will inevitably influence the car tracker cost:
|Level||Fuel Control||Routes Control||Update on Traffic||Real Time Alerts||Real Time Reports||Safe Drive Analysis||Upkeep Control|
Entry level systems
- Most suitable for businesses with a small fleet size (1-20 vehicles)
- Do not provide real time reports and alerts
- Cheapest level available
Advanced level systems
- Most suitable for businesses with a small or medium fleet size (1-50 vehicles)
- Provide real time updates, alerts and reports
Expert level systems
- Most suitable for businesses with a big and very big fleet size (over 50 vehicles)
- Provide all the features listed above plus drive safety analysis and maintenance control
|Level||How Much Does a Car Tracker Cost?|
(price per set)
|Popularity on the Market|
|Buy||Rent (1 year)|
|Entry||From £149||From £119||Decreasing|
|Advanced||From £199||From £169||Increasing|
|Expert||From £299||From £239||Increasing|
How much does a car tracker cost if you opt to rent or buy? In theory, if you plan to use the same device for two years or more, your spendings will be greater if you decide to lease. However, both solutions have their advantages and disadvantages.
Pros and Cons of Buying a GPS Tracking System
Buying a Car Tracker
Less costly in a long time perspective
Initial costs are higher
Fast technology development - in a few years your device will not be as good as the new ones
Lower level of technical support
Pros and Cons of Renting a GPS Tracking System
Renting a Car Tracker
Initial costs are lower
Possibility of replacing devices with the new versions
Higher level of technical support
More expensive in a long-term perspective
To make the final decision you need to take into consideration the following:
- The length of investment (short- or long-term)
- The financial aspect (in short- and long-term)
- The technological aspect
- Need for an ongoing technical support
Due to its numerous advantages, the vehicle tracking system may turn out to one of your best business investments. The biggest benefits are:
Reduced Insurance Cost
Most insurance companies will offer you a premium discount on your car insurance, which may generate significant savings or provide a partial return of the cost of purchase.
Higher Level of Overall Control
Access to information regarding the speed, travel hours per day, route navigation, frequency and length of stops and so on, gives you a general overview of your employees’ driving behaviour.
Reduced Fuel Consumption
Fuel consumption may be reduced even up to 40%, mainly by route optimisation and driving behaviour control mentioned above.
Customer Service Improvement
Due to 24/7 signal connection you can track the vehicles at any time, which may be extremely important with deliveries in progress when your customers inquire about the precise shipping time.
Increased Employee Safety
A car tracker can increase employee safety, especially in poor weather conditions or when the contact with the driver is impossible, for example because of a lack of signal.
As a part of property management software, vehicle tracking will improve your business productivity. All the information is stored and may be used for the later analysis, which will optimise the future company time management.
In the newer car editions, through the safety features such as locking the doors and turning off the engine remotely, it is possible to prevent the theft or to stop the vehicle at any time.
Reduced Amount of Paperwork
With the system of data storage, all the reports such as total travel hours, mileage, average speed may be generated in a few moments.
When considering how much a car tracker costs, it’s important to keep in mind any additional expenses you may incur, such as the car tracker installation costs. Regardless of how much a car tracker costs, it has to be properly installed in order to function correctly. Professional installation is often a part of the warranty conditions.
While the price of installation may vary, it can range between £60 - £80 per vehicle. The exact car tracker installation cost will depend on the kind of the vehicle, the type of GPS power source, and the installation placement. Some companies offer installation free of charge when you purchase the car tracker from them. It is recommended to have your car trackers professionally installed. It is recommended to have your car trackers professionally installed.
You will be provided with a long-term product warranty, as well as ongoing technical support. The installation process will typically also provide manuals on how to use your GPS system efficiently and how to protect, access, and analyse your data collection.
Some companies offer a free car tracking app, which allows you to control the entire fleet on one mobile device.
How to Install a GPS Car Tracker
If you do consider self-installation, there are a few rules you should know before you start:
- The type of energy source: The devices with their own batteries are easier to install. If your device is supposed to be connected to the vehicle’s power source, professional help is required.
- The GPS tracker placement - security and technical aspects: For security reasons, choose the area that will be accessible for you but not too exposed for the others to see. In order to avoid signal disturbance, avoid placing it in the vicinity of other electronic devices.
The suggested placements are:
- Behind the radiator
- Under the car seat
- In an unexposed part of the boot
Before making the final decision, you should think over which cost and function system will suit your company the best.
Even if the car tracker cost seems to be high, one should take into consideration all the advantages that a professional tracking system brings to the company. It not only provides an overall control but will also - through the costs reduction, productivity, and customer service improvement - generate significant savings.
If you would like to know estimated car tracker costs for your company, fill in the short contact form above and Market Inspector will provide up to 4 free, non-binding quotes.