May 8, 2020
On average a new car loses around a third of its value the moment it is purchased by the funder and it is the job of the funder to understand the rate and scale of this loss in value to predict the final resale value at the end of the contract hire period. By picking the right vehicles that hold their value better and are more desirable funders can be rewarded better on their vehicles. So how does the fleet manager know they are getting a good value contract hire? This video will attempt to bring some light onto this.