Examining the Finance Implications of ‘Driverless’ Commercial Vehicles
Although they are not yet widely adopted, driverless technologies are continuing to evolve. How could further development of these technologies in the commercial vehicle sector impact equipment financiers?
Does leasing make more sense as driverless technologies accelerate and evolve? Do risk positions change when no driver is behind the wheel? What about secondary market implications?
The introduction of driverless commercial vehicles presents a range of implications for equipment finance that stakeholders must consider carefully. These implications will impact not only the financing models and structures but also the valuation of collateral and the risk assessment methodologies used by lenders. Here are the key equipment finance implications of driverless commercial vehicles: