What Determines the Residual Value of a Leased Vehicle?
Shawn Ryder
JANUARY 20, 2024
Second, it affects the buyout price if you decide to purchase the car at the end of the lease. And third, dealerships use residual value to calculate lease terms and negotiate prices. Residual value is important for a few reasons. First, it determines how much you’ll pay each month for your lease.
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