Tag: leasing contract

What is Residual Value in a Leasing Contract?

What is Residual Value in a Leasing Contract?

| October 25, 2012 | 3 Comments

If you are in the market to lease a vehicle, you will hear the term “residual value” recur like a leitmotif. A residual value does not only affect your monthly payments, but is equally used by leasing companies to determine any penalties should you break your lease early and how much to pay if you […]

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