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: Walmart Is Selling a $270 Milwaukee Power Tool Kit for Just $170 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, ...
“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, ...
I talk a lot about resale value and the importance of that. Residual values are a good predictor of future resale value. The higher the residual, the higher likelihood of good resale down the road.
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, ...
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 ...
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, ...
General Motors unveiled the all-new 2024 Chevy Trax last October, pulling the sheets on a fresh entry-level crossover for the Bow Tie Brand. Critically, GM Authority has learned that GM is expecting ...