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Our Residual Values course helps to answer some common questions we hear from our members and their clients such as:
- Why do residual values matter?
- What is the difference between a vehicle's current value and a future value?
- What does the jargon mean?
- Why are forecast residual values important?
- What's a depreciation curve?
- Isn't this all a dark science that no one else understands?
Who should attend?
Anyone new to residual values or someone who has recently started a role in a RV or remarketing team.
Learning Outcomes
By the end of this course you will be able to:
- Explain why used values and residual values (RVs) are important
- Explain how used vehicles are valued today, and the influencing factors
- Explain how forecast residual values are calculated, and the uncertainties around them
- Describe the relationships and differences between used values and residual values' impact them
- Have a better understanding of some of the unique challenges around the valuing of Battery Electric and Plug-in Hybrid Electric Vehicles (BEVs and PHEVs).
Who trains this course?
Dean Bowkett has 34 years of automotive industry experience, including responsibility for 31 different financial services businesses across 25 countries in 4 continents. He launched the world’s first OEM 'online used car sales portal' and completed a number of pan-European remarketing projects for multiple OEMs. He has run his own consultancy business for the past 10 years.
Duration and Cost
9.30am - 3.30pm
*Book your spaces 2 weeks or more in advance of the course date and receive a £100 discount on the course fee*
Member Fee: £329 + VAT (Full Price £429 + VAT less than 2 weeks before the course date)
Non-Member Fee: £529 + VAT (Full Price £629 + VAT less than 2 weeks before the course date).
Have you considered Driven By You?
This course, alongside our whole course portfolio, can be 'Driven by You' exclusively for your business. Visit our BVRLA Driven by You page to find out more.
