MSRP ALG Residual definition

MSRP ALG Residual means, with respect to any Lease and the related Vehicle, the residual value estimate produced by Automotive Lease Guide at the time of origination of the Lease based on the total MSRP of the base vehicle and all VCI authorized options, without making a distinction between the value adding options and non-value adding options.

MSRP ALG Residual means, with respect to any Lease, residual value estimates produced by Automotive Lease Guide based on the total MSRP of the base vehicle and all VCI authorized options, without making a distinction between the value adding options and non-value adding options.

MSRP ALG Residual means, with respect to any Lease, residual value estimates produced by Automotive Lease Guide based on the total MSRP of the base vehicle and all NMAC authorized options, without making a distinction between the value adding options and non-value adding options.

Examples of MSRP ALG Residual in a sentence

• We compared the Base Residual Value appearing on the Final Detailed Lease List to the lesser of: a) the Maximum Residualized MSRP ALG Residual (appearing in the “ALG MLI” column on the Final Detailed Lease List); b) the Contract Residual Value appearing on the Final Detailed Lease List; or, c) the MRM ALG Residual Value (appearing in the “ALG MTM” column on the Final Detailed Lease List).

• We compared the Base Residual Value appearing on the Final Detailed Lease List to the minimum of: a) the Maximum Residualized MSRP ALG Residual (appearing in the “ALG MLI” column on the Final Detailed Lease List); b) the Contract Residual Value appearing on the Final Detailed Lease List; or, c) the MRM ALG Residual Value (appearing in the “ALG MTM” column on the Final Detailed Lease List).