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 ...

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 ...

Black Book explained in a news release that this 10-year residual offering can provide finance companies, dealer groups, insurance companies and fleets the ability to more precisely value their older, ...