Maintenance, a key factor in maintaining residual value

Maintenance, a key factor in maintaining residual value However sophisticated they may be, today’s cars are still fragile mechanical units. Hence the need to scrupulously observe preventive and curative maintenance: failure to do so can result purely and simply in the destruction of the engine or an accident. A well-known short-term rental company had a […]

Real-time vehicle data to help extend battery life

Real-time vehicle data to help extend battery life With an average price estimated by Bloomberg at $151 per kWh in 2022 (source), lithium-ion automotive batteries remain expensive, despite a fall of almost 80% since 2013. As a result, the battery can account for up to 50% of the total price of a new electric vehicle, […]

The residual value of electric cars, key to sustainable leasing

The residual value of electric cars, or the key to sustainable leasing In the Automotive Industry there has been a continual increase in vehicles obtained on finance, and a growing second hand car market. For those companies such as leasing companies, banks, etc… who purchase vehicles on behalf of businesses and individuals, they require to […]

Driving style: preventing loss of residual value

Driving style: preventing loss of residual value using real-time data At the heart of the leasing business model, the resale value of cars must be kept as high as possible at the end of the contract to ensure a comfortable margin. To achieve this, a number of tools can be used to forecast the residual […]