The new product, called CAPcalc, produced by used car value experts CAP, valued about 400,000 vehicles run by Motability Finance, the business arm of disability motoring scheme Motability, as part of its roll-out programme.
The fleet revaluation software for cars and commercial vehicles is aimed at cutting the time fleets spend predicting what the value of their fleet will be at disposal time.
A spokesman for MFL said: 'Time is important to us and the speed with which we can regularly analyse our fleet using CAPcalc is very impressive. The 'slice and dice' ability of CAPcalc's system also enables us to identify the value trends and factors we need to understand, quickly and easily.' It also allows the ability to create 'what if?' scenarios.
CAPcalc operates on Windows and was developed in consultation with major fleets.
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