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Businesses are increasingly turning to cheap GPS tracker solutions to enhance their operations and security. These affordable vehicle tracking devices strike a balance between functionality and affordability, allowing you to effectively monitor and protect your commercial fleets without incurring significant expenses.
This guide delves into cheap tracker options, shedding light on essential features, costs, and the value they can bring to your business. Read on to find out more.
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Cheap car tracker devices and some of the best cheap car tracker software are equipped with essential features even at their lower price point. These functionalities, such as real-time tracking, geofence alerts, speed monitoring, and access to historical tracking data, are vital for boosting fleet efficiency, improving safety, and reducing unnecessary expenditures. This reassures you that even with a limited budget, you can make a smart and informed decision.
The price for cheap tracking devices typically ranges from £30 to £100 as a one-time purchase. Installation can add between £50 and £150 to the total cost, depending on whether professional assistance is needed or if you opt for a DIY installation.
According to Fleetsmart, a UK-based fleet and asset tracking company, the following features are vital for your tracking needs. Let's examine each feature in depth.
Now that we have looked at the features let’s consider the costs.
The pricing for cheap car tracking software and apps varies, from free versions offering basic functionalities to more comprehensive subscription plans costing between £5 and £30 per month.
Vehicle tracking software plays a crucial role in managing fleets efficiently. It provides real-time data and insights that help businesses optimise operations and reduce costs.
Even the most affordable vehicle tracking software solutions have a set of core features that meet fleet management's basic needs. Understanding these essential features and the associated costs can help businesses make informed decisions when selecting a vehicle tracking system.
Apart from the aforementioned real-time location tracking and geo-fencing, let’s examine the essential features of affordable vehicle tracking software.
When discussing the subscription costs for vehicle tracking services, it's important to note that while many services have a monthly or yearly fee, typically ranging from £8 to £24 per vehicle per month, there are also vehicle tracking solutions available without subscription costs at all. These can be particularly appealing for businesses looking to minimise ongoing expenses.
Vehicle tracking devices are essential tools for enhancing vehicle security and often play a pivotal role in meeting insurance requirements. To deter the theft of commercial vehicles or comply with insurance prerequisites, the cheapest insurance-approved vehicle tracker needs robust security features, such as tamper alerts, notifications for unauthorised use, and the ability to remotely disable vehicles.
According to the Association of British Insurers (ABI), a UK-based insurance and long-term savings company, installing a tracking device can assist law enforcement in locating your vehicle if it is stolen, facilitating the recovery of both the vehicle and its contents.
These security-focused cheap vehicle tracker models usually cost between £ 40 and £150 as a one-time purchase, reflecting the comprehensive security features they incorporate.
For businesses seeking to protect their assets from theft or to comply with insurance mandates without incurring excessive costs, understanding the key features that even the most budget-friendly trackers should possess is crucial. Here's a closer look at these characteristics and the price ranges for this specific category of devices.
The prices for security and insurance vehicle trackers are as follows:
For commercial vehicles and fleets, investing in vehicle tracking devices that meet both security needs and insurance requirements is not just about complying with policies but also about safeguarding the business's logistical backbone.
For fleet monitoring purposes, cheap vehicle tracking devices should not lack features like detailed reporting, driver behaviour monitoring, and fuel consumption analysis. These capabilities enable route optimization, fuel savings, and heightened driver safety. The price range for cheap GPS tracker devices catering to fleet management is between £50 and £200 as a one-time purchase, indicative of their advanced functionality.
Based on data retrieved from Vehicle Defence, a supplier and installer of vehicle security devices, let’s examine the essential characteristics of a tracking device used for fleet monitoring.
Apart from the aforementioned real-time GPS tracking and geo-fencing, your tracker needs to have the following capabilities.
Let’s look at the price ranges for fleet monitoring systems below.
According to the Telematics Survey 2024 conducted by Teletrac Navman, the adoption of AI and telematics is increasing among fleet operators to address challenges such as rising fuel costs and driver retention.
The survey reports significant benefits, with 96% of respondents acknowledging savings from using telematics in areas like fuel consumption and administrative efficiency. Additionally, 47% of operators incorporate AI to enhance these efficiencies, leveraging automated systems for route optimisation and predictive maintenance.
Telematics systems play a critical role in improving driver safety and well-being, with investments in technology supporting mental health and enhancing performance through rewards programs. These efforts contribute to a safer driving culture and higher driver retention rates, which are crucial in a sector experiencing tight margins and high competition.
The shift towards sustainable energy sources, such as electric vehicles (EVs), is increasingly prominent. Despite the challenges of high costs and limited charging infrastructure, many fleet managers are planning to transition to EVs and alternative fuels as part of their strategy to manage rising operational costs and align with environmental regulations.
Integrating telematics and AI technologies into vehicle tracking solutions offers substantial cost savings, enhanced safety, and support for broader sustainability goals. As fleet operations evolve, these advanced technologies will be essential for businesses aiming to maintain a competitive edge and ensure operational efficiency in a dynamic economic landscape.
Selecting the appropriate cheap GPS tracker for your business involves weighing the balance between cost and functionality.
Among the range of more affordable options, you can identify devices and software that satisfy your security and monitoring requirements without significantly impacting your budget.
Opting for cheap tracking devices for commercial vehicles can be an appealing cost-saving measure for businesses looking to improve fleet management without a hefty investment. However, it's crucial to weigh the advantages against potential drawbacks. Here's a breakdown of the pros and cons.
While the cheapest vehicle tracker device for commercial vehicles offers a cost-effective entry point into fleet management technology, businesses must carefully consider their long-term needs and potential growth.
The initial savings could be offset by the need for more comprehensive solutions as operational demands evolve. Balancing cost against functionality and scalability is key to ensuring that the chosen tracking solution supports both current needs and future ambitions.
Getting tailored quotes may help you make the best choice for your business.
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The cheapest car tracker options start at around £30, offering basic but effective tracking capabilities as a one-time purchase. Despite their low cost, these trackers provide crucial features like real-time location updates, making them ideal for budget-conscious users needing essential tracking services.
Some apps and services provide free basic tracking features, utilising the GPS function of a smartphone or tablet. This option suits small businesses wanting simple vehicle monitoring without additional costs.
Yes, there are car tracker models available that do not require monthly subscriptions, although they often have limited features. Opting for these trackers means benefiting from cost savings over time, though with some compromises on advanced functions.
The installation of a cheap car GPS tracker can range from £50 to £150 as a one-time fee, depending on the device and the complexity of the installation process. Professional installation ensures the tracker is appropriately set up for optimal performance, offering a balance between affordability and security.
Nicole Bea Kerr is a content writer for Market Inspector, leveraging her experience in B2B journalism and editing. She is interested in bringing more awareness to sustainability and helping businesses make informed choices through insightful narratives.
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