What is residual value?

Source: The Namibian · 2026-10-28T15:00:00.000Z · Automotive

PART 2: Some vehicle-finance structures include a residual value (RV), sometimes called a balloon payment. This means part of the vehicle’s financed amount is left for payment at the end of the agreement rather than being paid through the normal monthly instalments. The guidelines supplied for this article show residual values on some newer vehicles. […] The post What is residual value? appeared first on The Namibian .

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