In car leasing, a residual percentage is an expression of how much of a car’s original MSRP sticker price, not selling price, will remain at the end of a lease of specific term (months) and specific mileage.

An average car depreciates in value by about 50% over a 3 year lease. The remaining 50% is it’s residual percentage.

Some vehicle brands and models have lower depreciation, and therefore higher residual percentages, than others. For example, a Honda Accord might have a 58% residual percentage than a Chevrolet Malibu with only a 48% residual.

For the same price, a car with a higher residual percentage will have lower monthly lease payments than one with a lower percentage.

The Lease Kit contains average residual percentages for all vehicle makes and models.