Sentences with phrase «residuals on leased vehicles»
As the year progresses, more off lease vehicles will come back driving down the price of used and further reducing residuals on leased vehicles making new leases more expensive.
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Such a reduction in residual values could cause us to sustain a loss on the ultimate sale of these vehicles, or require us to depreciate those vehicles on a more rapid basis while we own or lease them.
Everyone knows strong residuals on base vehicles optioned with leatherette, AWD and heated seats allow for great advertised lease rates....
Your monthly lease payment is based on the difference between the vehicle's selling price — its capitalized cost — and what its worth would be at the end of the lease term — its residual value.