3.2. DATA COLLECTION:
The possible data collection using the on-board diagnostics tool can be categorized into different groups that may be of use to a variety of applications. Among all the details, most of the data which is relevant for used-car market would be the trip data that gets populated through the entire trip or usage of the vehicle. This covers the details of “trip duration, total kilo-meters travelled, kilo-meters travelled related to the type of road (say: regular motorways, urban areas, bumpy terrain, elevation, other types of roads), travel by time of day (rush hour, daylight, night), acceleration, deceleration and sharp turns” (Vaia, G. (2012)). The in-built setup of OBD device will generate all this information through
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These factors are selected not based on any evidence but only based on people’s knowledge or hypothesis. Figure-3: Factors that affected people to buy their latest used car Figure-4: Factors influenced people to buy used car from a particular dealer
The worth of used car market can be given by below figure and numbers from the year 2003-2014:- Figure-5: Worth of Used-Car Market over the years
4. BUSINESS MODEL FOR TELEMATICS IN USED-CAR MARKET:
4.1. Telematics Architecture:
Telematics has three basic capabilities:
1. Wireless two-way communication capability
2. Location technology (geographic position)
3. Computing platform for system control and interface to ECU
Function Way/Approach
Two-way communications - Embedded mobile phone
- Integrated driver mobile phone
- Telematics service monitoring
- Crash event data recorder
Location technology - Global positioning satellite receiver
- Mobilephone location technology
Computing platform for system control - Embedded safety and security telematics
- Mobile phone to radio integration
- Mobile phone to navigation integration
Table-1: Essentials of Telematics
(Future of Automotive Telematics,
Therefore, potential market for Sanger dealership = new passenger vehicle annual purchase rate x HH of Collier & Lee with HH annual income exceeding $100,000
The automobile industry is a capital intensive industry, the players in the industry need high capital expenditure in order to maintain their market position, but the expected returns in the future is quite high. The industry analysis can be carried out under the following heads:
In 1955 an antique car that originally cost $3,668 is valued today at $62,125 if in excellent condition, which is 1¾ times as much as a car in very nice condition – if you can find an owner willing to part with one for any price, What would be the value of the car in very nice condition?
They focused on these factors because they found that these were the most common studied but the findings are the most contradictory.
The other assessments also will be done, but these will not help in determining the
a. These factors are little discussed and pertain to demographic and health as elucidated by the quote from Morgan et al.
There are some issues with these criteria, and arguments exist for both an over- and underdiagnosis of this problem.
You must be able to know the resale value of a towing truck as this is an important and a foremost process. Whether you are buying new or used vehicle, you need to figure out the value of the resale value of the truck. You begin by determining the residual value of the truck that must be analyzed in order to known and determine its present value and future value that it may hold. The resale value of the truck is calculated accordingly.
When and how could it lead us to the wrong conclusions? Why is it an unreliable or
If you are in the market for buying a car, you may be feeling somewhat overwhelmed that the variety of choices and options available. In particular, many people find that they believe some common myths about buying used cars that can further complicate this process. After you have the following couple of misconceptions dispelled, you should find you are much better prepared to navigate the process of buying a car.
The article describes three formats of in-vehicle feedback; visual, haptic, and audio. Each of the three formats to be broke down into various systems and functions. Very similar to a database containing tables, rows, and attributes. In the visual table, there are four rows one of which is the dashboard. The dashboard contains several aids including gauges, on-board diagnostics, GPS, and lamps. The haptic table contains the break/ throttle row, were pedal pulsation will notify the operator of activated antilock-brakes or traction control. Jensen
It is, however, hard for the compatibilists to decide what exactly is resolute and what can be freely selected. The intricate environment of people and the roles of physics, genetics and psychology make deciding what exactly is, or is not, a determining cause extremely difficult.
for all or most cars. E.g. if from mileage, price when new and age I
There have to many factors that have to be consideration before it is decide if it is appropriate or not for a
Car priced below USD 12000 accounts for nearly 80% of the market. Also 7000-12000 USD form’s the largest segment in the passenger car market.