Cap hpi launches international RV tool
Cap hpi is launching a tool to analyse international Residual Values (RVs), offering fleet operators a better grasp of RVs across national borders.
At the push of a button, the new tool will offer analysis on RV movements across various countries, facilitating the planning of the defleeting and disposal process and the maximisation of RV profits.
Cap hpi's tool can track vehicles by 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. The tool tracks RV performance of multiple brands over time, and for now covers Germany, France and the UK. Next year, Spain and Italy will be added.
Commenting on the new tool, Martin Verrelli, international business development director at Cap HPI, 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 RV analysis tool is the first of a wave of innovations that cap will launch in the coming months”, International Business Development director Martin Verrelli was quoted by International Fleetworld. “The market is undergoing unprecedented change, and we understand the power of data to manage risk and optimise profits.”