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Residual value forecasting system and method thereof, insurance premium calculation system and method thereof, and computer program product

  • US 20020072958A1
  • Filed: 10/24/2001
  • Published: 06/13/2002
  • Est. Priority Date: 10/31/2000
  • Status: Active Grant
First Claim
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1. A residual value forecasting system comprising:

  • a secondhand price database which stores transaction data including a secondhand circulating price or a ratio of the secondhand circulating price to the original price (the secondhand circulating price and the ratio thereof to the original price are collectively referred to as “

    residual value”

    ) of an object, attribute values of the object, and elapsed time of the object; and

    forecast residual value calculation means which calculates a forecast residual value in a prescribed future based on the corresponding relationship between the residual value and elapsed time stored in said secondhand price database.

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