Currently reading: Will a focus on residuals succeed in stalling rising new car costs?

As the values of cars rise, car manufacturers look to old methods to control costs

Car makers are putting new faith in an old and often neglected price-control method to clamp down on the rising costs of electric cars: residuals. Residuals is automotive industry jargon for the value of your car when you come to sell and, as you might have noticed recently, that’s a lot more than it has been.

This has created two effects. One: used cars become more expensive.

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