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 ...

Leasing a car can be a pretty good deal. You can drive around in a new model without needing to pay lots of cash upfront, and you can change cars every few years. However, in the game of vehicle ...

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, ...