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Understanding Car Lease Residuals Claymont DE

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 - Ashland Hercules Plaza
(302) 428-0637
1313 North Market Street
Wilmington, DE
Hours
Mo-Fr 0730-1900
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Ashland Chemical Company use only.

Enterprise Rent-A-Car
(856) 467-2040
617 Auburn Ave
Swedesboro, NJ

Data Provided by:
Hertz - Ashland Hercules Research
(302) 428-0637
500 Hercules Road
Wilmington, DE
Hours
Mo-Fr 0730-1900
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Ashland Chemical Company use only.

Enterprise Rent-A-Car
(302) 575-1021
2415 Lancaster Ave
Wilmington, DE

Data Provided by:
Hertz - Grand Sport West Chester
(800) 654-3131
399 East Market Street
West Chester, PA
Hours
Mo 0900-1700, Tu-Fr 0830-1700, Sa 0900-1100, 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

Hertz - Delaware Amtrak Station HLE
(302) 428-0637
100 Martin Luther King Boulevard
Wilmington, DE
Hours
Mo-Fr 0730-1900
Sa 0900-1300
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
After Hours - After hour returns are allowed. Park vehicle in the Hertz lot located at the corner of Front and Walnut streets and is designated by Hertz signs. The drop box is located inside the Amtrak station in front of the Hertz counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Chadds Ford Keenan HLE
(610) 459-2407
1486 Wilmington Pike
Chadds Ford, PA
Hours
Mo-Fr 0730-1700, 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 , 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
(302) 636-0660
1602 E Newport Pike
Newport, DE

Data Provided by:
Enterprise Rent-A-Car
(302) 892-3365
4616 Kirkwood Hwy
Wilmington, DE

Data Provided by:
Hertz - Aero Way Incorporated
(302) 428-0637
131 North Dupont Highway
New Castle, DE
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flight arrivals only.

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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