When you shop for
new cars, you may notice that most new car dealers offer
LoJack. The
LoJack Stolen Vehicle Recovery System is a tracking system
that allows you to locate
your car in the event it is stolen. The
LoJack
System is a small and silent radio frequency
transmitter that is hidden in your car when it is installed. When you report your car stolen,
a radio signal can be sent to activate your car's system. The police can then use their
LoJack
tracking system to locate the car.
LoJack
also offers an Early Warning Recovery System that alerts you when your car is being moved.
You may receive alerts by phone, email or pager.
LoJack: The Benefits
Quick recovery: Over a million new and used cars are stolen in the United States each year.
Of cars with
LoJack,
approximately 90% are recovered. In addition, since cars equipped with
LoJack
are usually recovered very quickly, they have far less damage than other stolen cars
that have been located.
Lower insurance: Many insurance companies offer
auto insurance
discounts for vehicles equipped with
LoJack
systems. Some states, including Florida, New York,
New Jersey and Texas, require insurance companies to offer a discount for policies on cars
with
LoJack.
While rates vary by state and company, it may be possible to get a discount of
up to 30% off of the comprehensive portion of your insurance premiums. If the savings from
lower insurance premiums do not convince you, think about the deductible you will have to
pay if your car is stolen. Wondering if your car is a popular model for auto theft? Check the
21st Century Auto website for the most commonly stolen car models.
Police approved: The
LoJack
system works in conjunction with police departments across the
nation. The police use
LoJack
computers in their ground and air systems to help them track stolen
cars.
LoJack is hidden: Unlike other systems with small antennae that may be broken off,
LoJack
is not visible to thieves. There are multiple places on the car
LoJack
may be hidden and
even the car's owner is not informed where their system is placed. This makes the system nearly
impossible for thieves to disable.
LoJack's Guarantee:
LoJack
is so confident their system is effective, they offer a limited
two year guarantee. If your car is stolen within two years of your
LoJack
purchase and is not
located within 24 hours,
LoJack
will refund the purchase price of your
LoJack system (up to the
MSRP).
Nearly all major
car dealers sell and install
LoJack
systems. Online car dealers
such as
Edmunds.com allow you to easily add LoJack to your car purchase. For a one-time fee,
LoJack
can be installed in your car; the purchase price can be added to your financing package.
LoJack
can be installed in new or
used cars and you may purchase
LoJack for an
existing vehicle. Keep in mind that the price of adding LoJack to your car is negotiable. Dealers
make a substantial profit when they resell
LoJack, often selling the system for twice what they paid.
To reduce the amount you pay for
LoJack, ask the finance manager to see his cost on the unit and
offer $50 to $100 over that amount. If you cannot get the price you want, you can always purchase
the unit through another dealer or go to
LoJack directly.
