By statistically analyzing the “Car Model Catalog Database” and the “Used Car Transaction Big Data” that we have been accumulating since 2000, we have developed a system to calculate the present and future value (residual value) of a car,
The system calculates the present value and future value (residual value) of a vehicle through statistical analysis of the “vehicle model catalog data base” and “used car transaction big data” that we have accumulated since 2000.
The standard vehicle values we calculate are widely used in sales and financial product design.
Systematized pricing that used to belong to a single person.
Collected used car transaction data from across the country, categorized the data and analyzed the sales prices.
Systematization of the calculation of future and present values of automobiles was achieved.
Standard value calculations available
The system manages the future and present values of automobiles calculated from accumulated sales records for each grade. By changing the following parameters, it is possible to calculate the value according to the actual conditions of use.
Parameter Example
First registration/Year/Elapsed period/Mileage/Body color
What is RV Doctor?
The future value (residual value) of a vehicle is calculated by analyzing actual sales at auto auctions using a modeled, proprietary statistical method. This method can also be used to calculate newer models that have not been traded.
Provision method...Server version, one function of SYSROCKET
01Used as a reference value for residual value setting of lease contracts and residual value loan design
02Checking in a specific time period for risk monitoring
Used by the following companies
Operating procedure
STEP 01Select Manufacturer
STEP 02Select a car model
STEP 03Set the date of first registration
STEP 04Select Grade
STEP 05Set lease term (number of months elapsed)
STEP 06Set monthly mileage
STEP 07Set color (no selection possible)
STEP 08Calculate residual value
QCan newer models be calculated?
ACan be calculated (with some exceptions).
QCan EV be calculated?
ACalculations are available for some electric vehicles.
QWhat is a rating?
AThis function adjusts the calculated price. Please contact us for details.
QHow often are updates made?
AData is updated once a month.
QHow many years ahead can I calculate the residual value?
AIt can be calculated from the time of new car registration to 10 years later (as of February 25, 2013).
What is PV Doctor?
The current value of automobiles is calculated by analyzing actual sales and purchases at auto auctions using a modeled, proprietary statistical method. This method can also be used to calculate new models that have never been bought or sold.
How to provide...Api, one function of SYSROCKET
01Calculation of vehicle value in trade-in and purchase
02To calculate the value of a vehicle at leaseback or lease expiration.
03Used by consumer credit companies to determine price appropriateness at the time of application for screening
Used by the following companies
Operating procedure
STEP 01Select Manufacturer
STEP 02Select a car model
STEP 03Set the date of first registration
STEP 04Select Grade
STEP 05Set the expected delivery date and time
STEP 06Set the mileage
STEP 07Set the expiration date of the vehicle inspection (optional)
STEP 08Set body color (optional)
STEP 09Calculate residual value
QUp to how many years old can you calculate the car?
AIt can be calculated up to 10 years from the time of new car registration (as of February 25, 2013).
QCan EV be calculated?
ACalculations are available for some electric vehicles.
QWhat is a rating?
AThis function adjusts the residual value in the future. Please contact us for details.
QIs the vehicle inspection tax taken into account?
ACalculations can be made that take into account
QWill body color be considered?
ACalculations can be made that take into account
What is Truck RV Doctor?
Taking the know-how of value calculation cultivated by RV Doctor, which has a proven track record, and applying it to trucks. We calculate the residual value of trucks based on auction sales results.
How to provide... SYSROCKET OP function
01System calculates trucks with difficult residual values
02More than 30 different types of equipment (wings, dump trucks, containers, etc.)
03As a factor in making credit decisions for loan recipients
Used by the following companies
Operating procedure
STEP 01Car Type Selection
STEP 02Car Type Selection
STEP 03Manufacturer Selection
STEP 04Select Model Name
STEP 05Load capacity and displacement (horsepower)
STEP 06Mission and vehicle array selection
STEP 07Other condition selection
STEP 08Establishment of lease term
STEP 09Mileage setting
STEP 10Calculate residual value
QWill the mounting manufacturer be taken into consideration?
ANot taken into consideration.
QWhat is a rating?
AThis function adjusts the residual value in the future. Please contact us for details.