Glossary / General

residual values

86 Episode Mentions

Too Afraid to Ask

Residual value is how much a car will be worth later, like when you finish leasing it.

Technical Definition

Residual value is the estimated worth of a vehicle at the end of a lease or loan term, affecting depreciation costs.

Hear It Discussed

"Okay. So you said the Tesla has bottomed out in residual value, which is a terrifying sentence. You're going to sell it."
COTA LIVE - All Questions | Episode 1,048 Everyday Driver Car Debate 33:55

"So C8s in general, we've said they're holding their value pretty well because they have [4231.6s] not dropped past high 50. ... [4260.1s] I mean, I think that the story, the really desirable story..."
New AMG V8! Chevy Saves the Manual, Trouble at Honda, Spyker Returns, and More! THIS CAR POD! with Doug DeMuro & Friends! 10:28

"what manufacturers have to do is massively discount EV sales to meet the mandate, therefore killing their residual values, therefore making people even less likely to want to go out and buy one."
Lewis Hamilton is back to his best #318 The Intercooler 27:19