Prado, Sylvain Michael - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2009
In the leasing industry, the risk of loss on sales at the end of the contract term, as well as pricing are critically impacted by the forecasted resale price of the asset (residual value). We apply the Hedonic methodology to European auto lease portfolios, in order to estimate the resale price...