There is often a great deal of confusion about the meaning of these terms.Residual value: This is a purely calculatory figure in leasing and is often confused with the purchase price at the end of the contract term.Purchase price: This is the price at which the used company bike is sold at the end of the contract.Market price: This refers to the price that is paid for a given good at a given time in a given market for a unit of that good. In the absence of a current general second-hand market for bikes/pedelecs, unlike for motor vehicles, the Higher Tax Authority has set this market price at 40% of the recommended retail price gross after 36 months to simplify matters and in line with the depreciation table. However, it should be noted that in connection with the taxation of the pecuniary advantage, a lower value can be proven in the event of a difference between the purchase price and the market price.