Fleet managers set to benefit from cross-border residual values analysis
A new international residual value analysis tool offers fleet operators a deeper understanding of cross-country trends. The new data tool from cap will allow fleets to analyse residual values movements across different countries at the push of a button.
The subscription service is designed to enable fleet managers to make a step change in fleet planning and residual value maximisation.
The tool enables users to track the performance of multiple brands at the derivative level over time.
Users can analyse values by advertised retail values, transacted values or trade sale to gain multiple views of the market.
The data offers industry-leading coverage in Germany, France and the United Kingdom with plans to launch in Spain and Italy in 2019.
Commenting on the launch Martin Verrelli, international business development director at cap said: “The ability to analyse residual value trends across multiple markets with ease will help the fleet manager to better plan de-fleet and disposal strategies. The data tracks retail, transacted and trade values to provide a deeper understanding of market movements.
“The residual value analysis tool is the first of a wave of innovations that cap will launch in the coming months. The market is undergoing unprecedented change, and we understand the power of data to manage risk and optimise profits.”
The tool allows users to search for vehicles by vehicle type, manufacturer, model or an advanced search by transmission, doors, fuel, body, trim, engine size or power, with BHP for combustion engines and kW for electric vehicles.
Values are shown in the current month or monthly movement, and the view changes over time as monetary value or percentage change to fit into your reporting style or methods. Reports can be exported for analysis outside the tool and can be operated in German, French and English.
The tool was launched at the Fleet Europe Summit on 28 November in Barcelona.