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Car manufacturers use cap car values to monitor, track,
compare and report on the current performance of own and competitor brand car models on a daily basis.
As cap car values can digitally integrate with internal or external software solutions, they are ideal for integration in fleet management solutions. Markets move quickly; this can have a financial impact. Fleet managers need to know what their assets are worth today, not a month ago, to create attractive sales-and-leaseback rates or optimal sales price for asset disposal.
The car finance industry is competitive, winning business and providing consumers with a quick decision on their car finance application is essential. cap car values can be integrated into software systems, which supply risk and authorisation algorithms, to automate designated decision making processes when a potential customer is searching for car finance online. cap car values are also used if a customer defaults on their payments. The finance company may be required to repossess the vehicle and dispose of the asset to recover their investment, so need to know what the car is worth to maximise the return.
Technology and digital businesses are thriving and are continuing to develop new automotive solutions for their customers. Many use cap car values for applications such as online tools to drive sales using a part-exchange calculator, automate reserve prices on auction sites, quote monthly repayment or finance on purchase, loan or fleet contracts. If you have an application that requires car values, speak to cap.
As an insurer, valuing a car at the right price when quoting for car insurance after an accident or a total loss is crucial. Getting these values wrong could affect customer confidence and brand equity, which could increase customer attrition. cap car values will integrate easily into your existing or future software system solutions.