Fleet News

Marketwatch: CAP launches new trend tracking software

NEW software designed to track vehicles’ values and analyse trends has been launched this week.

CAPcalc Trend Analyser uses statistics from CAP’s Black and Red Book and Monitor Future Residual Values, in a format designed specifically for ease-of-use.

The product, launched at the Williams F1 Conference Centre in Oxfordshire on Tuesday, is aimed at those involved in analysing historical data for the purpose of forecasting future RVs. It enables such work to be carried out quickly and in greater depth than current manual methods.

Holding 10 years of data, CAPcalc Trend Analyser has two primary functions. The first is a searchable history of used values and Monitor values. Users can select and query historic valuations for each individual vehicle or groups of vehicles and generate reports of the valuations.

The second main use is its ability to analyse historic and Monitor values, allowing analysis groups to be defined containing selections of vehicles. Price averages for each vehicle can be produced from the history at chosen age and mileage points, and the software provides an analysis of vehicle pricing over time. Users can view the analysed prices and graphs comparing vehicles to give an understanding of the market over a period of years.

CAP says the software will be hugely useful for RV planning, remarketing and business analysis, helping those who want to know when the best time is to dispose of vehicles and calculating the potential impact of new models on RV trends.

The product comes with full training and an ongoing support package.

Executive fall rumour scotched

ANECDOTAL reports of expected falling values of executive cars do not reflect reality.

CAP’s Black Book Editorial for October paints a rosier picture than expected, with no movement seen on 2002 60,000-mile examples and an upward movement of 0.2% on 2004 10,000-mile cars.

The state of the sector reflects the overall balance of stock available and demand from trade buyers, driven by retail activity. Some models, such as the Jaguar X-type, BMW 5-series, Audi A4 and Lexus IS200, have seen values rise. Demand for earlier higher mileage examples is strong because these vehicles offer a reduced entry price, attracting new customers.

However, the value of convertibles is falling. This is because winter is closing in, rather than any significant change in perception among customers.

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