Mainly for the sake of risk control. After banks, auto financing companies or other lending institutions lend money, in order to prevent car owners from "missing" the car, GPS locators will be installed on the car. Once it is overdue, it can be disposed of according to the trailer displayed, so as not to "lose the wife and fold the soldiers."

Financial institutions bear part of the capital risk, so after installing the GPS positioning system, they can know where the customer's car is. If the repayment is difficult, the guarantee company will take your car away.

Influence of GPS locator on car owners

The only purpose of installing GPS is to ensure where your car is, just for a little sense of security. GPS installation is charged to make money. Just like the financial institutions mentioned just now, the main purpose of installing GPS in cars is to avoid risks, so they will pay for GPS, not to reduce our risks but to reduce their risks.

For car owners, as long as the financial institutions providing loans are reliable and GPS is installed in the car, it will not affect daily use, and there will be no so-called "GPS will have bugs and steal privacy" on the Internet.