Residual value forecasting tool Cap Monitor has been rebranded as Cap Gold Book, with Cap also pledging a more sophisticated and robust forecasting process, new short-term forecasts under 12 months, faster reaction to market changes and live reveal of new vehicle forecasts.

The firm is also launching Gold Book IQ, giving full access to all forecasting evidence and assumption factors, editorial commentary, at-a-glance RV comparisons and RV history and tracking reports.

“The introduction of radically overhauled background processes in combination with full transparency will bring more confidence for our customers than ever before,” said Gold Book product manager Peter Knight.

“The essential qualities of Gold Book and Gold Book IQ can be distilled into three terms – simplicity, certainty and confidence for our customers.”