How come I see on this forum that the Lexus es250 residual value is 52% ????

BigtastyBigtasty Member Posts: 2
edited May 2021 in Lexus
If you look at any 3 year old Lexus the values compared to original MSRP is anywhere from 70-80%
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  • MichaellMichaell Moderator Posts: 251,962
    Bigtasty said:

    If you look at any 3 year old Lexus the values compared to original MSRP is anywhere from 70-80%

    That's what the bank thinks the car will be worth in 3 years.

    Very rarely are the assigned residual values based on actual market.

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