Originally Posted by Fatewolf
These reflect the values of the vehicle for estimated Residual for the set period. Say you financed for 24months, then the moment you leave the lot the vehilce is estimated to be worth 58% of the MSrp Up until the 24 month point.
Think about that for a minute. If it were true that the vehicle is worth 58% of MSRP the moment you leave the lot, then a guy who bought an 05 RSX Type S and tried to trade it in after two weeks and two hundred miles would only be able to get about $10,000 for it. Does that make sense to you?