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.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Κατασκευή Αυτοκινήτων
- Category: Automobile
- Company: Toyota
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Δημιουργός
- Harry8L
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(London, United Kingdom)