Provided in ASCII and SQL database formats, LCV Platinum integrates into users’ own systems to drive profitability and minimize risk in the finance, contract hire & leasing, retail, auction, insurance, manufacturer and E-commerce sectors.
Containing around 50 per cent more used van prices than standard Red Book, the Platinum version offers:
Values for almost every van available since 1984
Late plate valuations within three to six months of introduction
More model derivatives
Vehicle descriptions for models discontinued from 1987 onwards
Valuations for older vehicles
One of the most powerful features of LCV Platinum is the inclusion of opinion-based prices, based on past performance and expert assessment, using unique market intelligence where only small numbers of newly introduced vans have yet appeared in the market. This extends business opportunities and risk management safeguards to decisions even where too few new vehicles are available to establish a commonly understood pricing position.
Another valuable component of LCV Platinum is the LCV Codes and Descriptions file, providing a wealth of additional detailed information on used vans. The CAP code is widely embraced throughout the industry and recognised by many as the best means to facilitate the seamless flow of data within and between systems. It is used throughout the automotive and allied sectors to improve business transaction efficiency and deliver additional profit.
Updated monthly, LCV Platinum reinforces CAP’s position as the market leader for accuracy and depth of automotive business information.
With the UK light commercial vehicle market demonstrating strong growth in recent years this has brought enhanced business opportunities throughout a number of the automotive sectors. With these opportunities come increased risk and LCV Platinum is the ideal solution for companies with large fleets as they can now value and underwrite with confidence almost every vehicle in the marketplace.
Users also benefit from fresh and detailed information to support part-exchange systems, vehicle supply systems and websites as well as develop a clear picture of risk in a more comprehensive way than ever before.