How is the Residual Value of the vehicle calculated?


Leasing companies use a variety of factors to estimate the residual value of your vehicle at the end of the lease. This includes information from the vehicle manufacturer, auction prices and historical resale data as well as market trends and changes in tax legislation including, for example, CO2 tax and Benefit in Kind (BIK) tax (if applicable).

No comments:

Post a Comment

Subscribe to: Posts (Atom)

Coming to the End of your Lease

  •  My current lease is coming to an end.......what do I do? •  Can I purchase my Car at the end of the lease term? •  Can I extend my cont...

  • Business and Personal Leasing
      •  What is the difference between a Personal Lease and a Business Lease? •  I don't own a Business, can I lease a vehicle?
  • Coming to the End of your Lease
      •  My current lease is coming to an end.......what do I do? •  Can I purchase my Car at the end of the lease term? •  Can I extend my cont...
  • Ordering your Vehicle
      What are the advantages of leasing with iSpecial Mobility? •  How long will my vehicle take to arrive? •  Do I need to collect my car? •  ...