If you live in an area where they have a high rate of car theft or accidents or traffic.

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A lot of it is looking at yourself, looking at what your business is and what your business is going to be in the future. Kind of analyze what your needs are.

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And I expect the demand for clean, late model trade-ins to grow this year but the supply just won't be there. What does this mean for late model used car values? Prices should remain relatively constant, if not slightly higher.

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Simply defined, a residual value is the amount of money for which you could buy a car at the end of a lease term and it's a major part of the mathematical equation that determines what your monthly payments will ultimately be.

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