Residual values of trucks
Toyoda -63% Ford F150 - 58% Silverado - 51% GMC - 51% Ram - 46% Nissan - 42% These are 2015 numbers ,looks like the alloy F150 is not a dumb move .Nissan was a surprise to me. link
Forum Discussion
JALLEN4 wrote:mich800 wrote: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.
By far, the majority of leasing in the U.S. is through the captive finance arms of the manufacturer...Chrysler Credit, Ford Motor Credit, Mercedes Credit, etc. These lenders, for the most part, base their residuals on ALG Guides. In some isolated cases they will use slightly higher residuals on certain models using manufacturer subsidies for competitive purposes.
Is the ALG Leasing Guide available to the general public online?
