FINANCIAL MODEL OF MARKET VALUE VEHICLE
SERVICE NAME: Construction of the financial model of the market value of the vehicle (hereinafter - the Financial Model)
INPUT DATA FOR PERFORMANCE SERVICES: Make, model, equipment, fuel type, type of gear box of the vehicle
OUTPUT DATA - RESULT OF PROVIDING SERVICES: Financial model of the market value of the vehicle - interrelated between the market value, year of manufacture (by age) and mileage
EXAMPLE OF FINANCIAL MODEL: Financial Model Market Value Toyota Land Cruiser Prado Elegance Diesel
Y=48,483.35-1,724.37*X1-0.021*X2
where, Y-the cost of the car (US dollars), X1-age (years), X2-mileage (km)
PROCEDURE FOR SERVICE PROVISION:
- familiarization with the terms of service
- filling and sending Brief (technical description-coordination of the requirements of the financial model)
- bill payment
- getting results
METHODS OF USING THE FINANCIAL MODEL:
- establishing the recommended market value of the sale of the vehicle
- verification of the market value of the sale of the vehicle
- validation test of the vehicle submitted for sale
- calculation of vehicle loss over the period of use
- making a decision on purchasing a vehicle with a lower loss of value for the period of use
- other ways to use the financial model: Example1, Example2.
FORM FOR USE OF THE FINANCIAL MODEL: Financial The model embedded in the Financial Model software module in the text and in the Example
NOTES: The financial model will show the ratio of indicators of a specific vehicle with the current trend and, in case of significant discrepancies, prompt further research.
RESULT: The financial model will assist in making effective management decisions and assisting in gaining competitive advantages.