Glossary / General

residuals

17 Episode Mentions

Too Afraid to Ask

Residuals are the price a car is expected to be worth when you finish your lease. If that value is low, you’ll pay more each month.

Technical Definition

Residual value is the estimated worth of a vehicle at the end of its lease term, used to calculate monthly payments. Lower residuals mean higher monthly costs.

Hear It Discussed

"You either have to discount the EVs and torpedo your residuals, or you have to buy EV credits from your rivals."
The new car market is a total bloodbath #311 The Intercooler 17:50

"Because if they reckon, if you look at a Taycan, you say, OK, well, the residuals are going to be really bad."
CarCast+Edmunds - Genesis Magma GT supercar, G90 Wagon and entry into motorsports. Plus, the Porsche Cayenne EV. CarCast 54:10

"They care about residuals and depreciation metrics"
BONUS: BYD vs Volkswagen: The Juggernauts Collide In Europe EV News Daily - Technology and Business of EVs 20:01