Vehicle Residual Value definition
Vehicle Residual Value means the value of the Lease Vehicle at the end of the Lease Term; this value may be estimated by the Lease Provider at the beginning of the lease term.
Examples of Vehicle Residual Value in a sentence
Such detailed breakdown shall include, as applicable, the Lease Provider Acquisition Fee, Vehicle Capitalized Cost, Residual Value Percentage, Vehicle Residual Value, Vehicle Depreciation Amount, and Money Factor.