DHS's revised Interfirm Comparison product provides rentals, residual values and maintenance costs on more than 3,500 vehicles based on leasing industry information. Details from 15 companies are compared on a quarterly basis. The company believes its comparisons offer a more accurate barometer than publications such as CAP Monitor and Glass's Guide's Fleet Values & Wholelife Costs.
CAP chief economist Mark Cowling said: 'CAP Monitor takes a purist view - there are no commercial interests involved in our forecasting. We make forecasts based on industry expertise and economic expertise. The IFC is reporting what a certain sector of the market is doing and I think that probably all the companies involved in the comparison used CAP Monitor as their starting point when setting their residual values.'