If you're thinking about leasing a car, you might hear the term residual value come up a few times. But what is residual value, and why is it so important? Simply put, the residual value or ...
Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...
Previously, Black Book said residual values were available for up to seven model years, forecasting future values from one to 72 months. Black Book said it has expanded used-vehicle residuals to ...
Residual value is an estimate of what a vehicle will be worth at the end of a lease, and it is a key factor in the cost of a lease. The residual value is set by the leasing company (the lessor) at the ...
Despite a slowdown in values during the final six months of 2010, full-year used-vehicle prices fell less than 3 percent and finished the year with a relatively steady month, according to Kelley Blue ...
View post: Walmart’s ‘Powerful and Compact’ Car Jump Starter Is Now 71% Off When you lease a new car, it’s easy to focus on the two numbers that matter most to your bank account: the monthly payment, ...
I talk a lot about resale value and the importance of that. Residual values are a good predictor of future resale value. The higher the residual, the higher likelihood of good resale down the road.
Ally Financial rapidly expanded its electric vehicle leasing business after receiving a 50 percent residual value guarantee from an unspecified automaker during the first quarter. Leases, not loans, ...
There are an estimated 46 new electric vehicles slated for production in the next three model years, according to Cox Automotive. While that number will be celebrated in some corners, it is generating ...
Lexus and Honda are receiving the top brand awards in the J.D. Power 2024 U.S. ALG Residual Value Awards. 2024 marks Lexus' fourth consecutive brand award for best premium brand and Honda's third ...