What is the residual value of a car lease?

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Mason33333
Posts: 1
Joined: Thu Mar 30, 2023 1:13 pm

What is the residual value of a car lease?

Post by Mason33333 »

What is the residual value of a car lease?
Clark22222
Posts: 2
Joined: Tue Mar 28, 2023 2:46 pm

Re: What is the residual value of a car lease?

Post by Clark22222 »

A car's residual value is the value of the car at the end of the lease term. The residual value is also the amount you can buy a car at the end of the lease. A residual percentage will be provided when signing the car lease agreement to help you calculate your car's value at lease end.
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