HPI has joined forces with CAP Black Book to launch HPI Black Book+, an online valuations service.

It provides dealers with a 12-month historical picture of a vehicle’s valuation and a three-month forecast.

By providing 15 months of valuations intelligence, dealers gain a better understanding of residual values in a fluctuating market, said the company.

The launch is a result of HPI’s longstanding partnership with CAP, one of the biggest names in the vehicle valuations market.

This partnership brought to market the HPI Mid-Month Valuations tool and now, with HPI Black Book+, dealers have access to valuation trends, as part of their vehicle history checking process, to help them better assess new retail opportunities for new stock or part exchanges.