asked 23.8k views
3 votes
What is the residual value of a leased vehicle? A. The vehicles current selling price

B. The vehicles resale value
C. The total cost of the leased vehicle
D. The vehicles worth st the end of the lease

2 Answers

2 votes
i believe its D hope this helps :)
answered
User Sharen
by
7.3k points
3 votes

The answer is "D. The vehicles worth st the end of the lease".


A car's residual value is an estimate of how much your vehicle will be worth when your rent is up. This number is figured into your month to month vehicle rent installments, so it's useful to do some exploration all alone to comprehend what the evaluated remaining estimation of your vehicle might be.

An incredible place to begin is by doing some online research on the resale estimation of your vehicle. Picking a car that holds its resale esteem after some time will give you a higher remaining quality.

answered
User Distagon
by
9.2k points
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