Vehicle costs specialist International Decision Systems (IDS) has released a new online cost forecasting tool known as 4Cast.

Designed to predict residual values and depreciation to set whole-life costs and leasing rates, the firm claims the software is applicable to more than 9000 current cars and LCVs.

Chris Jolly, forecasting editor, said: “This affordable product will join our SMR and TopCalc products, which are widely used in the industry and is unique because it combines all mainstream cars and LCVs up to 7.5 tonnes into one product.”

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