Residual value is an auto industry term for what most of us call a vehicle’s resale value. It’s a calculation of what a car is worth at a given time after it’s purchased new, and is usually expressed as a percentage of the original MSRP.
... Read More.Tag: Cars with great residual values
Vehicles with Great Residual Values
A vehicle’s residual value is a useful tool for new-vehicle buyers and lessees, who would be wise to be concerned with the rate of depreciation, since it determines what their car or truck will be worth after several years of ownership.
... Read More.