Lease residual values are a useful tool for lessees who might be interested in purchasing their vehicles once their lease is up, but they’re also used to determine how much a monthly lease payment will be. Now, Ford Authority has obtained the 2021 Ford Bronco lease residual values, and aside from being useful information, there are a couple of interesting things to note here as well.
|Two-Door Trim Level||24-Month||36-Month||39-Month||48-Month|
|Four-Door Trim Level||24-Month||36-Month||39-Month||48-Month|
For starters, a Heritage Edition Ford Bronco is listed. As we reported just a couple of weeks ago, Ford confirmed that a Heritage Edition Bronco wouldn’t be offered for the 2021 model year, and refused to confirm that it existed at all. Thus, we have to take this as a bit of proof that perhaps it will arrive in the 2022 model year if nothing else.
As far as the 2021 Bronco lease residual values themselves, as is often the case with most vehicles, higher trim levels are expected to depreciate faster. That means that the Base Bronco holds the highest lease residual value of any trim level over a two-year period at 72 percent for the two-door and 77 percent for the four-door.
From there, the numbers trickle down, for the most part. The Big Bend carries a two-year residual value of 67 and 74 percent for the two-door and four-door, respectively, while the Black Diamond comes in at 63 and 70 percent, the Outer Banks comes in at 61 and 68 percent, Badlands at 62 and 67 percent, Wildtrak at 64 and 68 percent, First Edition at 59 percent and 63 percent, and Heritage Edition at 59 and 64 percent. These numbers decrease with longer lease terms, of course.
Taking these numbers into account, it certainly seems like lower-trim level Broncos will be the superior lease choice, thanks to their presumably lower payments. But it also seems that they’ll hold their value very well over time as well, which shouldn’t really come as a surprise given their lower base prices. After all, buyers are paying for technology, convenience, luxury, and performance items as they move up in trim levels, things that tend to lose their value rather quickly over time.