Residual Values

The projected market value of a vehicle at the end of the lease, used to determine the cost of the lease at the time of negotiation.

 

Select a vehicle to obtain its residual value

Make:
Model:
Year:

2011 Ford FIESTA 
5dr Sdn S
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  24 months 36 months 48 months 60 months
MSRP $15,585  $15,585  $15,585  $15,585 
ALG Residual % 60  48  40  33 
ALG Residual Value $9,425  $7,575  $6,325  $5,125 
Money Factor 0.002868  0.002992  0.003016  0.003092 
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5dr Sdn SE
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  24 months 36 months 48 months 60 months
MSRP $16,785  $16,785  $16,785  $16,785 
ALG Residual % 60  48  40  33 
ALG Residual Value $10,275  $8,250  $6,900  $5,600 
Money Factor 0.002868  0.002992  0.003016  0.003092 
Payments Calculate Calculate Calculate Calculate

5dr Sdn SEL
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  24 months 36 months 48 months 60 months
MSRP $18,390  $18,390  $18,390  $18,390 
ALG Residual % 58  46  39  31 
ALG Residual Value $10,725  $8,600  $7,200  $5,825 
Money Factor 0.002868  0.002992  0.003016  0.003092 
Payments Calculate Calculate Calculate Calculate

5dr HB SE
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  24 months 36 months 48 months 60 months
MSRP $17,545  $17,545  $17,545  $17,545 
ALG Residual % 60  48  40  32 
ALG Residual Value $10,675  $8,575  $7,175  $5,800 
Money Factor 0.002868  0.002992  0.003016  0.003092 
Payments Calculate Calculate Calculate Calculate

5dr HB SES
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  24 months 36 months 48 months 60 months
MSRP $19,290  $19,290  $19,290  $19,290 
ALG Residual % 57  46  38  31 
ALG Residual Value $11,100  $8,900  $7,425  $6,025 
Money Factor 0.002868  0.002992  0.003016  0.003092 
Payments Calculate Calculate Calculate Calculate

Data supplied by ALG

Money factor is not an annual percentage rate. In a lease, the lease company uses the "money factor" — an arbitrary fractional number, such as .0042 — to calculate the lease charge or fee. The monthly payment combines the resulting fee with the depreciation charge (the total value the car loses over the term of the lease divided by the number of monthly payments). To better understand the money factor, multiply it by 2,400 to arrive at a more typical APR; this calculation will be slightly above the equivalent APR that the money factor represents. This percentage is more useful in comparing leases with each other than with loans, however, because it doesn’t account for all fees and only loans build equity. For example, a rate of 9.84% [.0041 x 2,400] on a lease, while lower, is not necessarily a better deal than a 10.4% APR on a loan, all other factors being equal.