The residual value of leasing

If you are in the market to lease a vehicle, you will hear the term

“residual value” recur like a leitmotif. A residual value does not only

affect your monthly payments, but is equally used by leasing companies

to determine any penalties should you break your lease early and how

much to pay if you decided to buy the vehicle at the end of your lease.



Let us first start by looking at the meaning of residual value. The

term “residual value”, refers to the value of something after it has

been used for some time. In leasing lingo, it refers to the

depreciation of the

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