PREDICTIVE TECHNOLOGY VS. DEPRECIATION CURVE
Relying on depreciation schedules, auction results, and other limited sales data sources to valuate equipment introduces substantial risk when buying and selling equipment. Worse, it could result in under- or over-pricing assets.FleetEvaluator tracks more than $6 billion in retail and auction sales every month, providing fleet owners with a data-driven approach to monitoring and forecasting market trends and values. FleetEvaluator also draws upon Sandhills Global’s vast, international marketplace to continually track the pulse of equipment markets with an eye to both historic and current trends.
TelematicsPlus makes it easy to compare FleetEvaluator’s predictive valuations through FutureCasting against straight-line depreciation. The built-in Depreciation Calculator tool lets you set the depreciation rate (anywhere from 5% to 30%); it then plots the depreciation line against either auction or retail market values over time. This enables you to compare your custom depreciation schedule against the data-driven historic and predictive values that FleetEvaluator delivers. This feature is just another way TelematicsPlus help you to make smarter pricing and liquidation decisions.