Residual Percentage
The estimated value of a vehicle at the end of a lease term, expressed as a percentage of its original Manufacturer's Suggested Retail Price (MSRP). This metric determines lease payments and buy-out options.
The estimated value of a vehicle at the end of a lease term, expressed as a percentage of its original Manufacturer's Suggested Retail Price (MSRP). This metric determines lease payments and buy-out options.