As spring approaches, longer days and warmer weather draw more people to the roads. The surge in travel comes with both exciting opportunities and increased risks. From road trips and family vacations to outdoor adventures, the highways will be busier than ever. However, all this comes with a higher likelihood of accidents and wrecks, often leading to impounded vehicles and missing assets – nationwide. When your assets are impacted by these unpredictable situations, you need a reliable solution to help locate and recover them swiftly. That’s where MVTRAC comes in.
The Increased Risk of Impoundment
Locating an impounded vehicle can be a tedious, time-consuming process, often leading to delays and frustration. Whether it’s a vehicle involved in a collision, facing legal action, or simply misplaced, asset recovery should never add to your stress. Fortunately, MVTRAC offers a seamless, end-to-end solution to locating and recovering assets, no matter where they are, with MVR.
Introducing MVR
MVR seamlessly integrates impound alerts, vehicle appraisals, and recovery services into a single, streamlined solution – saving lenders time, reducing costs, and maximizing vehicle value.
Monitor: Proactive impound alerts & administrative support
- Digital Notifications
- Instantly receive alerts when a vehicle is impounded, stolen, or involved in an accident – enabling immediate action and preventing lien loss with real-time alerts and portfolio monitoring.
- Comprehensive administrative support
- We handle all the clerical work – sorting through alerts, verifying critical details, and prioritizing actionable cases, so lenders don’t have to.
Verify: Full-scope condition & cost assessment
- Impound verification & cost assessment
- We confirm the impound location, applicable fees, required documentation, and release procedures – removing uncertainty and delays.
- Condition Reports & Appraisal Services
- Licensed specialized appraisers conduct detailed on-site asset inspections, including high-quality photos. Their expertise improves access to impound lots and ensures accurate condition documentation. Optional valuation appraisals provide lenders with critical insights for informed recovery, remarketing, or write-off decisions.
Recover: Fast, automated, and compliant asset retrieval
- Nationwide, 24/7 recovery network
- Our certified recovery agents provide full U.S. coverage, ensuring swift, professional, and compliant asset retrieval anytime, anywhere.
- Fully automated recovery
- Maximize efficiency with an aggressive, automated asset location process that ensures fast, accurate, and compliant repossessions – minimizing delays and reducing costs.
- Seamless Integration
- Works effortlessly with RDN, Recovery Connect and other asset management platforms, keeping your recovery process streamlined and hassle-free.
Trust MVTRAC to Streamline Your Asset Recovery
Don’t let the spring travel rush overwhelm you. With more vehicles on the road and an increase in impounded assets, navigating asset recovery can be a daunting task. Trust MVTRAC to simplify and expedite the recovery process. Whether you’re dealing with missing assets or need a comprehensive appraisal, MVTRAC is here to support your needs—nationwide, every time. For more information on how we can help you find and recover your assets quickly and efficiently, contact us today. Let MVTRAC be your trusted partner in asset recovery this spring and beyond.
