Lo-Jack Anti-Theft Device
This is a product that's sold at many dealerships these days. It's a small tracking device hidden in your car that allows law enforcement to locate the vehicle after it's been reported stolen.
The recovery rate is over 90%, but the coverage does not extend to all areas of the U.S.
The Lo-Jack system usually sells for around $750, but the price is negotiable. You can get quotes from several different dealers.
Some car insurance companies will lower your premiums if you install the device, so it's worthwhile to look at how much you will be saving.
To see all the local dealers that are selling Lo-Jack, visit their Dealer Locator Page.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid