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Understanding Car Lease Residuals Bethel CT

Residual value estimates can be different, depending on who is doing the estimating. One dealer who uses a particular lease company may offer a significantly different residual value than another dealer who uses a different company, for exactly the same vehicle and same lease.

Budget Rent A Car
(203) 797-0567
92 Federal Rd
Danbury, CT

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Enterprise Rent-A-Car
(203) 797-9505
9 South St
Danbury, CT

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Enterprise Rent-A-Car
(845) 278-0211
1600 Route 22
Brewster, NY

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Hertz - General Electric Delivery Location
(203) 373-3541
3135 Easton Turnpike
Fairfield, CT
Hours
Mo-Fr 0830-1700
Sa-Su 0900-1500
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for General Electric employees only.

Hertz - General Electric Delivery Location
(203) 225-0448
2 Corporate Drive
Shelton, CT
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for General Electric employees only.

Hertz - Praxair Inc
(203) 743-6773
39 Old Ridgebury Road
Danbury, CT
Hours
Mo-Fr 0800-1700
Sa 0900-1300
Su 0900-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for employees and subsidiaries of Praxair, Liquid Carbonic and C.B.I. only.

Hertz - 1 Tooley Lane HLE
(203) 743-6773
1 Tooley Lane
Danbury, CT
Hours
Mo-Fr 0730-1800
Sa 0900-1200
Su 0900-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations. In-Car Navigation System , Gold Counter Service , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the Hertz area, then place the keys and rental agreement in the slot on the wall, inside the first door of the building. Railroad - Approximately 3 miles from Amtrak Station. Cab fare will be reimbursed up to $20.00 with receipt. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Patterson Auto Body HLE
(845) 878-3456
2597 Route 22
Patterson, NY
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations. In-Car Navigation System , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Keystone Aviation
(203) 743-6773
288 Christian Street
Oxford, CT
Hours
Mo-Fr 0800-1800
Sa-Su 0900-1400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Hertz - Andys Auto Coach Works HLE
(860) 355-3761
83 Danbury Road
New Milford, CT
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations. In-Car Navigation System , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
After Hours - After hour returns are allowd. Record the return date and time, mileage and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located by the front door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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Understanding Car Lease Residuals

Residual value ("residuals"), in car leasing, refers to the estimated — repeat, estimated — value of a leased vehicle at the end of the scheduled lease period. The longer the lease, the lower the residual value, as compared to the original MSRP sticker price.

Residual values play a key part in the calculation of lease monthly payments since leases are based on the difference between residual value and negotiated selling price. The higher the residual, the lower the lease cost for a given selling price. See .

What are residuals?
Car lease residuals are a statement of the expected depreciation of a vehicle's value over the life of a lease. The value can be affected by a number of factors, including expected average annual mileage, number of months in the lease, make/model vehicle, resale history, predicted future supply and demand, rise/fall in gas prices, and anticipated future economic conditions. In short, lease residuals amount to nothing more than an educated guess.

Who sets car lease residual values?
Residual value estimates can be different, depending on who is doing the estimating. One dealer who uses a particular lease company may offer a significantly different residual value than another dealer who uses a different company, for exactly the same vehicle and same lease. It is often misunderstood by consumers that residuals are fixed for a particular vehicle make and model.

There are industry sources (ALG...

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