residual value — See stated residual value expected residual value … Dictionary of automotive terms
value — See actual cash value cd value duty paid value expected residual value net sales value ph value residual value stated residual value … Dictionary of automotive terms
residual discount — If the end of lease purchase price (stated residual value) is greater than the expected end of lease value (expected residual value), the dollar difference represents the value of the vehicle that you will not pay for during the lease … Dictionary of automotive terms
residual penalty — If the end of lease purchase price (stated residual value) is less than the expected end of lease value (expected residual value), the dollar difference represents the additional value of the vehicle you ll pay for during the lease … Dictionary of automotive terms
value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… … Black's law dictionary
value — The importance placed on something by an individual. Value is subjective and may change according to the circumstances. Something that may be valued highly at one time may be valued less at another time. The CENTER ONLINE Futures Glossary * * * ▪ … Financial and business terms
end-of-lease purchase price — If there is a purchase option in the lease contract or agreement, this will be the agreed upon price for the purchase of the vehicle at the end of the lease the stated residual value. This price may also include additional fees … Dictionary of automotive terms
purchase option — Most closed end leases grant the lessee an option to purchase the vehicle at the end of the lease. The end of lease purchase price is usually the same as the stated residual value. Check your lease contract before signing to ensure that there is… … Dictionary of automotive terms
Chevrolet Volt — Manufacturer Chevrolet division of General Motors Also called Holden Volt Opel Ampera Vauxhall Ampera … Wikipedia
Depreciation — Not to be confused with Deprecation. Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used… … Wikipedia
