According to the PRWEB, as car repossessions hit a 10-year high in 2008, Rocky Mountain Tracking's Smart Track GPS device can help car dealers and leasing agencies trace and recover their vehicles with minimal fuss.

"In these tough economic times, you can never be sure who will be able to make payment on a car loan and who will default, and unfortunately; the leasing agent has the most to lose," says Brad Borst of Rocky Mountain Tracking. "You want to be sure that if somebody defaults, you can repossess the car swiftly and easily. That's where Rocky Mountain Tracking comes in."

As repossession agents admitted an average rise of 15-20 per cent in the number of vehicles repossessed daily, and the number of repossessions jumped 10 per cent in 2007. Further, luxury cars in particular are being repossessed in large numbers in upscale areas like Florida and Southern California, where the housing downturn has hit particularly hard.

Rocky Mountain Tracking offers its Smart Track solution. Smart Track is a discreet GPS anti theft device installed in vehicles, and it pays for itself. The dealer pays only if the vehicle actually needs to be tracked.

"You could go for several years without ever having to pay any fees, and rest assured that your vehicles are protected with vehicle tracking," says Borst. "In the event that a customer defaults on payment or a vehicle is stolen, you can pay a few dollars to recover the vehicle. At your command, the Smart Track car tracking web-based software will provide the vehicle's current location and the vehicle's starter can be disabled."