Success in the auto leasing business depends on a firm's ability to help customers control vehicle costs.
At Emkay, Inc., Chicago, a newly-installed computer system is now providing the up-to-date, pertinent cost data necessary to accomplish this result.
"We arc now able to obtain a complete breakdown of all costs," points out Irwin Burton, Controller and Assistant Secretary-Treasurer. "Previously, we had to group certain expenses. For example, if overhead was too high, we had to go over it, item by item, to spot the trouble.
''Now, however, every different cost is broken out in our original computer cost analysis reports," he states. "And we are getting this information faster as well as in greater detail. Thus, we are able more effectively to pinpoint 'high mileage' and 'high maintenance' cars for the benefit of our customers.
"In addition, we now have the data to make faster, more knowledgeable decisions concerning vehicle replacements," Burton continues. "We are able precisely to determine the trade-in value at which we can profitably afford to replace cars at any given time while maximizing customer operating economy. When the earned trade-in value of a car matches the
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