Glass's Forecast Data

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Glass's Forecast Data

With transparency and expertise at its core

What is Glass's Forecast Data?

You told us we need accurate residual values with a completely transparent forecast methodology. So, that’s what we did.

Our Forecast Data has been designed to provide you with an independent benchmark using a widely recognised methodology at its core. A huge wealth of data, detailed analysis and decades of experience in the industry go into each value, giving you complete confidence.

What options are available?

We designed our Forecast Data using a modular approach, so you can tailor your subscription by picking and choosing the valuation sets that are important to your business.

Forecasts for new cars

Future residual values for current production vehicles, forecasts up to a maximum of 6 years and 250,000 miles.

Forecasts in the first 1-12 month period are available in monthly increments and 6 monthly thereafter.

Forecasts for used cars

Future residual values for current and non-current production vehicles with a known registration date from 0-9 years old.

Maximum parameters are a forecast length of 6 years with a maximum asset age of 10 years and up to 250,000 miles.

Forecasts in the first 1-12 month period are available in monthly increments and 6 monthly thereafter.

Forecasts for new LCVs

Future residual values for current production vehicles, forecasts up to a maximum of 6 years and 350,000 miles.

Forecasts in the first 1-12 month period are available in monthly increments and 6 monthly thereafter.

Forecasts for used LCVs

Future residual values for current and non-current production vehicles with a known registration date from 0-9 years old.

Maximum parameters are a forecast length of 6 years with a maximum asset age of 10 years and up to 350,000 miles.

Forecasts in the first 1-12 month period are available in monthly increments and 6 monthly thereafter.

Why should you use our Forecast Data?

The benefits are clear to see:

  • Improve your profitability by maximising residual value accuracy, allowing you to position your products in the most effective way possible.
  • Protect against risk exposure by supporting or challenging your own assumptions with forecast calculation elements which give you full transparency.
  • Minimise potential losses by adding new intelligence into your current residual value forecasting process.

How accurate is Glass's Forecast Data?

Every month we measure the accuracy of our Forecast Data from the previous year. Below you can see a top level accuracy report of our May 2015 Forecast Data against real trade observations in April and May 2016.

Forecast Data accuracy table

This is just a high level view – if you would like to find out more about our accuracy around certain manufacturers or segments please get in touch. In the coming months we will be reporting on our Forecast Data accuracy in the same level of detail we do for our Trade Valuations accuracy.

How can I access Glass's Forecast Data?

GlassForecast is available in a selection of delivery formats to meet
your business requirements.

  1. Monthly Updates - Our Forecast Data in an easy to manipulate .TXT format allowing high levels of flexible data handling and integration.
  2. Web Services - An automatic monthly update of Forecast Data. Enables easy access to the data via XML with in-built mileage and valuation calculations.
  3. GlassForecast Internet Application – login to our cloud-based internet platform anywhere to access our intuitive forecast tool.

 

Did you know?

….that only Glass’s can offer you residual value forecasting tools backed by over 80 years of automotive experience? Improve the reliability of your benchmarking with Glass's Forecast Data.

How to find out more

To find out more about how Glass's Forecast Data can help your business, you can contact us or call our team on +44 (0)203 897 2500.