New car's value in the future

Dear Terry,
How much will a used 2007 Tahoe be worth in about three years?
-- Jake

Dear Jake,
Well, it all depends on the optional equipment, mileage and condition. But consider this: If you were to lease a 2007 Tahoe through GMAC, the residual value after three years would be calculated at about 57 to 60 percent of the full MSRP (Manufacturer's Suggested Retail Price), including options. While there's no guarantee that your Tahoe would sell for that much in three years, it's a good guideline.