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Accurate residual value management is critical to effectively balance profit margins with competitive pricing.
Turnford has built a full vehicle/equipment residual value management system to help to strategically set pricing and reduce risks. The system facilitates the import of industry information and allows the customization of data and the management of depreciation profiles to determine future values.
Residual values can then be published to authorized parties using a secured web service, and used by third party applications such as on-line and dealer finance calculators.
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