Deal Math

Residual Value Estimator

What does the Residual Value Estimator do?

Estimate lease end residual value to build a tight lease payment. The fastest closer is the one who can put accurate numbers in front of a customer on the spot. This tool gives you clean deal math in seconds.

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Lease math

Residual Value Estimator

Estimate the lease-end residual off MSRP so you can build a tight, believable lease payment fast.

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%

Leave 0 to use the grid below.

Lease term
Annual mileage

Estimated residual value

$22,000

Residual %

55%

Total depreciation

$18,000

Depreciation / mo

$500

Depreciation is the biggest piece of a lease payment. A higher residual means less depreciation to pay for, which is why high-residual models lease so well.

Residual grids vary by lender, make, and model. Use the manufacturer's posted residual when you have it. This is a planning estimate only.

How to use it

  1. Enter your numbers or details in the tool above.
  2. Read the result instantly, no signup and nothing to install.
  3. Use it live with your customer to build trust and move the deal.

Common questions

What is the Residual Value Estimator?

Estimate lease end residual value to build a tight lease payment. It is a free tool from JOEY for the individual car salesperson, and it runs right here in your browser.

Is the Residual Value Estimator free?

Yes. The Residual Value Estimator is free to use with no signup. JOEY also offers a full personal sales assistant if you want it to work your follow-up for you.

Who is the Residual Value Estimator for?

It is built for the car salesperson who wants an edge, not for a corporate rollout. The fastest closer is the one who can put accurate numbers in front of a customer on the spot. This tool gives you clean deal math in seconds.

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