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Understanding Car Lease Residuals Bethlehem PA

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.

Hertz - Hyatt Downtown Bethlehem HLE
(610) 997-5452
45 West North Street
Bethlehem, PA
Hours
Mo-Fr 0800-1800, 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 , 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
Hertz counter is located in the hotel lobby. Upon return, please use the parking garage located in front of the hotel and bring parking ticket to the counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Allentown L V I Airport
(610) 264-4571
3311 Airport Road
Allentown, PA
Hours
Mo-Fr 0700-2400, Sa 0900-2330, Su 0900-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service

Hertz - 4950 West Tilghman Street HLE
(610) 398-3018
4950 West Tilghman Street
Allentown, PA
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(610) 966-9644
431 State Ave
Emmaus, PA

Data Provided by:
Brothers Auto Transport
(610) 863-0200
P.O. Box 160
Wind Gap, PA

Data Provided by:
Budget Rent A Car
(610) 791-4561
2443 Lehigh St
Allentown, PA

Data Provided by:
Hertz - Lehigh Valley Aviation
(610) 264-4571
600 Hayden Circle
Allentown, PA
Hours
Mo-Fr 0700-2400, Sa 0900-2330, Su 0900-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only. Formerly refered to as Piedmont Hawthorne Airport.

Budget Rent A Car
(610) 439-8041
1801 W Tilghman St
Allentown, PA

Data Provided by:
Budget Rent A Car
(215) 538-2628
60 S West End Blvd
Quakertown, PA

Data Provided by:
Bond Auto Sales Inc
(610) 654-1111
410 East Main St
Pen Argyl, PA
 
Data Provided by:

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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