Residual value for a 2022 Honda Civic Si
Asked by Guru96FLB9 Nov 06, 2022 at 10:02 PM about the 2022 Honda Civic Si FWD
Question type: Shopping & Pricing
What is the residual value for a 2022 Honda Civic Sedan Si?
1 Answer
Residual Value is the assessed value of a vehicle at the end of a lease; it's a preset value of the car at lease's end, and the cost that you will have to pay to buy the car at the end of the lease term. It varies by the amount paid for the car, length of lease, and the lease terms; not a set value by car or by sticker price. You can actually shop for the same car at different dealerships and depending on the price you pay, the residual could be different at each dealer. You can find a simple Residual Value calculator online.
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