ALD Automotive, one of the UK’s largest contract hire and leasing companies, has become the first business to sign up to a new residual value forecasting system.

By signing up to Autofutura, ALD Automotive expects to more accurately forecast used car values and update current predictions.

Autofutura enables contract hire and leasing companies, vehicle manufacturers and fleet operators to access a large amount of macro-economic data, vehicle lifecycle impact and 12 years of used car value data and values from a single source.