VINLock Security
Government:
Stolen vehicles create a burden on society and finance criminals and criminal activities
Insurance Companies:
Losses are a big issue - cars are often reported as stolen by the very people who steal them
Finance Companies:
Hard to define sources of losses: are cars exported? Just "skips"?
Will a slow economy impact losses?
Securitization:
Determine the ongoing health of a securitized portfolio in real time
- vs. a bond rating agency's snapshot on day one
"Not enough is being done to check vehicles that are leaving
our ports, and with funding cuts we will have to revert to the old system of finding out that cars with liens have left the country before customs can stop them"
