The Consumers Guide to Auto Leasing
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Car Leasing Glossary - Residual Value

Residual Value (car leasing term)

The lease-end value of the vehicle, established at the beginning of the lease. This value is used in determining the monthly lease payment. The residual value is also used to determine the depreciation and other amortized amounts that go into determining the monthly lease payment.

Car Leasing Residual Value, Expected Car Leasing Residual Value, Expected

 
   
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