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 ...
“Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the United States,” said Eric Lyman, vice president ...
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, ...
Strategic Vision has added a new wrinkle to its Total Value Index study, the latest results of which were released Tuesday. Blended with the new-car owner input in this latest batch of rankings — ...
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.
The regulation-driven purchase of commercial electric trucks carry a lot of unknowns. One of the biggest is their residual value, or how much they will be worth as trade-ins. Rich Mohr, senior vice ...
Used-vehicle values have been all over the map this year as new-vehicle shortages and other issues have plagued the market. Many new-car models carry artificially inflated price tags, making it hard ...
Tesla's radical move to cut prices massively in the US, China and Europe may be imitated by other EV startups like XPeng and Aito, but some of the legacy carmakers don't seem to keen on the idea. Kia, ...