JALLEN4 wrote:
Most all leasing companies use the figures supplied by ALG in their ALG Leasing Guide. These figures are used by multi-billion dollar leasing institutions to lease in excess of a hundred-billion dollars of vehicles yearly. With the money involved, these prognosticators are far advanced from ESPN talking heads.
I think it reasonable to assume the numbers used are far more reliable and accurate than anecdotal experiences related on a public Forum.
That is funny. I was thinking maybe they were using the leasing arms residual values. But it is the other way around. I only leased two vehicles in my lifetime but in both cases the residual ended up being very close to the market value at lease turn in. If this is the case I would be comfortable using their figures. Thank you for the update.