Residual Values Online
Offering the most frequently updated residual values, Canadian Black Book is certain to provide lessors with the type of values they require.
Our residual values are adjudicated to ensure that we publish the "true" values. Editors set the values using historical vehicle information, macroeconomic forecasts and other data. Most importantly, they use experience.
Our concept of the "true" residual value balances two opposing desires, higher sales and low risk of financial loss at lease maturity. Any lessor understands that higher residuals mean lower monthly payment but an increased chance of a loss at lease maturity. With the true residual as our goal, we believe that Canadian Black Book is working to satisfy both sales teams and risk managers alike.
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Features Include:
- Current model year vehicle and three years of residuals for used vehicles
- Value adjustments for current and end-of-term odometer reading
- Ability to adjust residual values for vehicles that have certain high-value equipment
- Values for 12, 24, 36, 48, 60 month terms on new vehicles; used vehicle residuals terms are designed not to exceed seven models years when combining the current age of the vehicle and the maximum term.
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