The residual value of a vehicle is the estimated resale value of a car at the end of your lease’s term. The lessor assumes the risk on this residual value in an operating lease, and the lessee assumes the risk in a finance lease.
In an operating lease, LeasePlan sets the residual value based on factors including the age of the vehicle at the end ofthe term, how many kilometres it is expected to travel during the term, the make model lifecycle, and the expected vehicle use.
LeasePlan manages 21,000 cars in New Zealand and over 1.7 million worldwide. We have data and expertise that will help you choose the right mix of makes and models, set accurate residual values and implement a planned fleet replacement program that delivers cost-effective business mobility.
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