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Smaller lease firms could also benefit, he claims, as they don't have a team of RV analysts. "If Glass's give another opinion, it encourages those buyers to take more risk and be more competitive," says Parnell.
Tilbrook admits that Glass's representation in the fleet and finance sector has been small until now, but says Forecast could be the beginning of a wider push by the data giant.
"This is the start. At Glass's we market a whole range of data-related products," he states. "In fleet and finance, an alternative provider has taken a lead on Glass's and become inherent and in some cases integrated - Forecast will hopefully lead the industry into looking at other data from Glass's, such as SMR modelling for example."
But the current system isn't done and dusted yet, despite both car and LCV tools now being live. The firm is looking at further developments, including depreciation on options, so there will be more to come on Forecast as Glass's seeks to move in on rival Cap's fleet and finance sector RV prediction domination.
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