Home > Term: Residual value
Residual value
The lease-end value of the vehicle set at lease inception by the lessor. It's usually calculated as a percentage of the MSRP. This is a component of the payment calculation.
- Del af tale: noun
- Branche/domæne: Automotive
- Category: Automobile
- Company: Toyota
0
Ophavsmand
- Harry8L
- 100% positive feedback
(London, United Kingdom)