Residual Value On A Lease

What Does Residual Value Mean for Your Subaru Lease?

Residual value is the estimated value assigned to a vehicle at the end of a lease. You can find the contractual figure in your lease documents. At Schumacher Subaru of Delray, we can help shoppers from Delray Beach, Boynton Beach, Boca Raton and Lake Worth review a quote for their selected Subaru.

How Does It Affect the Payment?

Lease payments reflect depreciation during the lease term plus rent charges and other applicable costs. A higher residual can reduce the depreciation portion when other terms are equal, but it does not guarantee the lowest payment or total cost. Compare the selling price, lease length, mileage allowance, money factor, taxes, fees and total due at signing together.

Residual Value and Your Purchase Option

If your agreement includes a purchase option, review its stated price and any applicable purchase fees and taxes. The vehicle's actual market value at lease end can differ from its contractual residual. Request a current payoff or purchase quote from your lessor before deciding.

Questions to Bring to Our Finance Team

• What vehicle, model year and stock number does this quote cover?
• What are the residual amount, annual mileage allowance and lease length?
• What is included in the total due at signing?
• What charges or conditions apply if I return or purchase the vehicle?

Review current Subaru offers, shop available new Subaru vehicles, or request an itemized quote from our Delray team. Use our buy-versus-lease guide to prepare for the conversation. Available programs and final terms depend on the selected vehicle, eligibility and approval.