Price Performance Assessment of the Used Cars in the UK

Aug 29, 2016

Business Challenge
A leading fleet operator in the UK wanted to understand the price performance of used cars in the UK.
The client wanted to conduct a research study to assess the price performance of used vehicles to derive insights for enabling maximized returns and reducing life cycle cost.
We used various proprietary tools for detailed analysis of data gathered through primary and secondary sources. We developed a test model schema to determine the factors with high correlation with prices of used vehicles and relative weight of factors.
The client was able to minimize the direct and indirect cost associated with the used vehicle by detailed assessment of used vehicle life cycle cost and better manage their inventory acquisitions and future fleet purchases.
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