Quartix has become the first major telematics provider to offer pay as you go vehicle tracking.
The move follows recent press announcements by one of its competitors that it is unable to obtain lease finance for small and medium-size businesses.
Quartix Pay As You Go, at 19.50 per month, allows customers to cancel at any time after the first three months without penalty.
All Quartixs customers are being offered pay as you go and remain unaffected by any lack of lease finance.
With the new Quartix product customers commit to the first three months and pay an initial set-up fee of 45, or 95 including installation. Rental of the tracking system starts at just 19.50 per month; the customer simply returns the tracking unit after use.
Up to now the telematics industry has required clients to sign up to fixed-lease periods of at least three years.
Launching Quartix Pay As You Go, Quartix managing director, Andy Walters, said: Our market research found there is a real need for flexibility. Customers simply do not want to make multi-year commitments in a time of recession.
Founded in 2001, Quartix has grown to become the UKs most successful vehicle tracking service provider.
Quartix offers an internet-based vehicle tracking system with a focus on service and price. More than 2000 customers are now using the system in a wide variety of sectors including: transportation, construction, site maintenance, merchandising and retail, sales, service and despatch. The total installed base is now 20,000 vehicles.
The Quartix system provides users with a fast, efficient, point-and-click source of real-time information, together with a tailored e-mail reporting system. The highly-flexible system has the scope to meet the demands of large corporations and owner-managed businesses alike.