The system provides fleet operators with a quick and easy way of bulk forecasting vehicle residual values and comparing different valuation scenarios.

AVS can incorporate valuation data from different suppliers, including Glass’s, CAP and Behr & Fess, and gives users the freedom to choose their preferred data supplier or to compare and contrast the views of multiple industry experts and include their own views as well.

Dan Parnell, who heads up Glass’s Fleet & Finance sector, commented: ‘Launching GlassForecast has been an exciting step forward for Glass’s. Only we can offer residual value forecasting backed by 80 years of automotive expertise. GlassForecast has drawn on our wealth of data, detailed analysis and decades of experience to come up with a way of offering customers truly reliable benchmarking – for us it’s about using our expertise and opinion to provide really valuable insight. 

‘We are delighted ATD is giving its customers the opportunity to use GlassForecast data in AVS. It is more good news for us, coming just days after Auto Trader signed up to use our data across their platforms.’

ATD Solutions director Ashley Clark added: ‘A core strategy of AVS is “data independence” and we are always keen make more data options available to our customers. If anyone wants to use AVS with data not currently supported we will always look to make the necessary enhancements through our own R&D.’