Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

If you're thinking about leasing a car, you might hear the term residual value come up a few times. But what is residual value, and why is it so important? Simply put, the residual value or ...

Black Book explained in a news release that this 10-year residual offering can provide finance companies, dealer groups, insurance companies and fleets the ability to more precisely value their older, ...

Ally Financial rapidly expanded its electric vehicle leasing business after receiving a 50 percent residual value guarantee from an unspecified automaker during the first quarter. Leases, not loans, ...