The residual value of a leased vehicle is the lessor's estimate of what the vehicle will be worth at the end of your lease term. Sometimes referred to as the lease-end value, the residual value plays as significant a role in determining your payment as the rate.
Using the Straight-Line Residual Value Formula Step. Collect the information needed to calculate the residual value of your asset. You'll need its original cost, the number of years you will use the asset -- whether by choice or lifespan of the asset -- and the asset's scrap, or resale, value.
Another valuable resource is the Edmunds Lease Calculator. You will need to have some information handy to get an accurate quote, but our calculator will do the math for you. ... Residual value of ...
To calculate the residual value of your car, try an online tool like the one offered by Cars.com. You can choose the make and model of your vehicle and it will calculate both the MSRP and the estimated residual value, and apply those to several leasing options.
New Vehicle Consumer Lease Residuals - access the residual values for CULA's new vehicle consumer lease and our auto lease calculator. Used Vehicle Consumer Lease Residuals - We are incrementally rolling out an updated and improved Used Vehicle Leasing program on a incremental basis.
Request the residual value percentage rate the leasing company is using to determine the lease end value. Typically, this percentage will be between 50 and 58 percent but can go lower or higher.
Residual Value Calculator. Simple online financial calculator assists to estimate the future lease value of a car, product, item or equipment.
Find your car’s resale and trade-in value. Plus, get cash offers from local dealers online, schedule dealer appraisals, or sell your car for FREE on Cars.com.
The residual value of a car is a very important factor when it comes to auto leasing - in fact - it makes up the largest portion of your monthly lease payment. The residual value is simply the estimated value of the car at the end of the lease.
A residual is the vertical distance between a data point and the regression line. Each data point has one residual. They are positive if they are above the regression line and negative if they are below the regression line. If the regression line actually passes through the point, the residual at that point is zero.