Pdf X 4 2008 Understanding the residual value beyond the first owner is important for understanding vehicle sales on the used market which is a factor in determining how readily new technology reaches
An Empirical Analysis of Residual Value Risk in Automotive Lease Contracts Dissertation zur Erlangung des akademischen Grades Doktor der Wirtschaftswissenschaften Dr oec Halonen 2008 studies the residual car value on the Finished used car market estimating a functional form based on the brand effect which estimates the residual value as a percentage
Pdf X 4 2008
Pdf X 4 2008
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1 2 Literature Review of Vehicle Price Depreciation epreciation such as Peles 1988 11 and S l functions to analyze the relationship between the age of vehicles and Residual value forecasting has become increasingly crucial in automotive financial planning with studies showing that lease penetration rates in mature markets have reached up to 30 of
In the course of this paper we investigated means to reduce the residual value risk car manufacturers and leasing companies face in their daily business For this purpose a DSS The more accurately we can predict the residual value of a returning car the less the loss caused by a prediction error By replacing the base line model with the one that we developed we
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The developed model reproduces the course of residual values in relation to specified market cycles as well as the given exogenous factors realistically and has proven valuable for Higher residual values combined with low interest rates helped fuel the sales momentum for new cars and the industry notched seven consecutive years of year over year sales gains 8 In a
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Understanding the residual value beyond the first owner is important for understanding vehicle sales on the used market which is a factor in determining how readily new technology reaches

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An Empirical Analysis of Residual Value Risk in Automotive Lease Contracts Dissertation zur Erlangung des akademischen Grades Doktor der Wirtschaftswissenschaften Dr oec

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