Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

TROY, Mich.: 16 Nov. 2023 — As new- and used-vehicle prices continue to rise, the resale (or residual) value of those vehicles has never been more important to consumers, according to the J.D. Power ...

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, ...

Fitch Ratings looked at electric vehicles through the prism of auto asset-backed securities (ABS) transactions. Analysts believe softening EV demand and corresponding price reduction strategies will ...