Is your car worth more than the residual? The one comparison that decides
A quick explainer on the two numbers behind every lease buyout decision — the fixed residual vs. the car's market value, and what the gap means. From Champion Auto Finance.
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Transcript
market value versus residual value. This one comparison decides your lease buyout, 30 seconds. The residual is your fixed price to buy the car.
The market value is what it is actually worth today. When the market value is higher, buying out is a bargain. You capture the difference as equity.
When it is lower, think twice. Returning the car might be the smarter exit. Champion Auto Finance helps you run the numbers and finance the buyout across New Jersey, New York, and Pennsylvania.
Learn more at championautofinance.com.
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