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Understanding Car Lease Residuals Clifton Heights 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 - Clifton Heights Keenans HLE
(610) 623-7590
714 East Baltimore Pike
Clifton Heights, PA
Hours
Mo-Fr 0730-1700, 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) 352-7993
706 Garrett Rd
Upper Darby, PA
 
Hertz - Philadelphia International Airport
(215) 492-7205
1 Arrivals Road
Philadelphia, PA
Hours
0430-0200 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System

Enterprise Rent-A-Car
(215) 492-9766
7001 Essington Ave
Philadelphia, PA

Data Provided by:
Hertz - Amtrak Philadelphia
(215) 492-2958
2951 Market Street
Philadelphia, PA
Hours
Mo-Fr 0700-2200, Sa 0700-1500, Su 0700-2200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located inside the train station next to the ticket counter, at 30th and Market Street. After Hours - After hour returns are allowed.

Hertz - Piazza Honda HLE
(610) 789-1002
Township Lane and Burmont Road
Drexel Hill, PA
Hours
Mo-Fr 0800-1200 and 1300-1700, 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 - Piazza Honda of Philadelphia HLE
(215) 365-3374
6935 Essington Avenue
Philadelphia, PA
Hours
Mo-Fr 08001200 and 1300-1700, 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 - Atlantic Aviation
(215) 492-7205
8375 Enterprise Avenue
Philadelphia, PA
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Located at the Philadelphia International Airport. This location is for Private Flight arrivals only.

Enterprise Auto Rental
(215) 492-0626
Hilly Int'L Airport-Arrivl Rd
Philadelphia, PA
 
Enterprise Auto Rental
(215) 751-1460
6 S 19Th St
Philadelphia, 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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