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Residual Value (“Residuals”), In Car Leasing, Refers To The Estimated — Repeat, Estimated — Wholesale Value Of A Leased Vehicle At The End Of The Scheduled Lease Term.
The value of a used 2020 ford edge ranges from $13,604 to $27,284, based on vehicle condition, mileage, and options.
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Simply Put, The Residual Value Or Salvageable Value In A Lease Contract Is The Anticipated Value Of The Vehicle At The End Of The Lease Period, And Lessors Use It To Set.
October 2023 edited october 2023. How much is a 2020 ford edge worth?
The Value Of A Used 2020 Ford Edge Ranges From $13,604 To $27,284, Based On Vehicle Condition, Mileage, And Options.
Did you know your car depreciates every year?