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 ...
View post: Wayfair Has a ‘Sturdy’ $204 Metal Storage Cabinet for 30% Off When you lease a new car, it’s easy to focus on the two numbers that matter most to your bank account: the monthly payment, and ...
“Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the United States,” said Eric Lyman, vice president ...
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, ...
The regulation-driven purchase of commercial electric trucks carry a lot of unknowns. One of the biggest is their residual value, or how much they will be worth as trade-ins. Rich Mohr, senior vice ...
Amid what ALG Canada has found to be country’s “most turbulent economic times in recent history,” Canadian wages have actually remained strong. And this is helping residual vehicle values. In fact, ...
Used-vehicle values have been all over the map this year as new-vehicle shortages and other issues have plagued the market. Many new-car models carry artificially inflated price tags, making it hard ...
Tesla's radical move to cut prices massively in the US, China and Europe may be imitated by other EV startups like XPeng and Aito, but some of the legacy carmakers don't seem to keen on the idea. Kia, ...
With car prices still high, shoppers are looking for vehicles that offer long-term value. The 2025 J.D. Power U.S. ALG Residual Value Awards highlight brands and models expected to retain their value ...