- expected residual value
- This is the projected or expected value of the vehicle at the end of the lease. Residual value is a measure of the vehicle's expected depreciation.
Dictionary of automotive terms. 2015.
expected residual value
Look at other dictionaries:
residual value — See stated residual value expected residual value … Dictionary of automotive terms
residual value — noun (finance) The expected selling price of an asset at the end of its useful life • • • Main Entry: ↑residue … Useful english dictionary
stated residual value — The stated residual value is usually the same as the end of lease purchase price. The higher the stated residual value of the car, the lower your monthly payments. Stated residual values are often higher or lower than the expected residual value… … Dictionary of automotive terms
net residual value — disposal value The expected proceeds from the sale of an asset, net of the costs of sale, at the end of its estimated useful life. It is used for computing the straight line method and diminishing balance method of depreciation, and also for… … Accounting dictionary
net residual value — disposal value The expected proceeds from the sale of an asset, net of the costs of sale, at the end of its estimated useful life. It is used for computing the straight line method and diminishing balance method of depreciation, and also for… … Big dictionary of business and management
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 — 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 — See expected residual value … Dictionary of automotive terms
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
