ALG 2024 Product Enhancements
Foundation
More transparent processes and better accuracy that leverages our industry leading data and improves the ability to develop new products
Production Enhancements
Ensure that our residuals are provided when any vehicle enters the market and ensure that our values reflect current market conditions and segment dynamics
EV
Launch unique EV residual forecast model to provide unique insight to this growing segment
Analytics
Implement new modeling processes that improve the accuracy and efficiency of our residual value product
Our Product Updates are based on Four Key Principals
Coming January - April 2024
EV Residuals for low volume makes
Our upgraded residual product will include low volume electric vehicle makes that were previously unavailable, featuring prominent names like Rivian and Lucid
Precision in Pricing and Configuration Insight
New tools that leverage Chrome to provide unparalleled pricing and configuration insight. These tools include competitive comparisons, equipment evaluations, and detailed trim walk information.
Accelerated Speed to Market
Significant boost in the speed to market for residual publication with the implementation of cutting-edge residual setting tools.
Market Responsiveness Enhancements
Faster response time in reflecting residual impact following significant market changes. Our bi-monthly publication now ensures that residual updates, influenced by factors like price reductions or shifts in demand, are communicated 15-45 days sooner than our current schedule.
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