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Understanding Car Lease Residuals East Stroudsburg 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.

Enterprise Rent-A-Car
(570) 426-7071
3021 Milford Rd
East Stroudsburg, PA

Data Provided by:
Bond Auto Sales Inc
(610) 654-1111
410 East Main St,
Pen Argyl, PA
 
Al's Tire of Barnesboro
(814) 948-7880
3912 Saint Stans Avenue
Northern Cambria, PA
Services
Auto Service & Repair, Auto Tire Shop Equipment & Supplies, Auto Rental, Wheels & Tires Service & Repair, Auto Inspection
Hours
Mon-Sat

Hertz - Altoona Blair County Airport
(814) 793-3983
2 Airport Drive
Martinsburg, PA
Hours
Mo-Fr 1000-1930, Sa 0900-1400, Su 1300-1930
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Williamsport Lycoming County Airport
(570) 368-1961
700 Airport Road
Williamsport, PA
Hours
Mo-Fr 0800-2300, Sa 0900-1200, Su 1730-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Bond Auto Sales Inc
(610) 654-1111
410 East Main St
Pen Argyl, PA
 
Brothers Auto Transport
(610) 863-0200
P.O. Box 160
Wind Gap, PA

Data Provided by:
Enterprise Rent-A-Car
(215) 886-0502
140 Old York Rd
Jenkintown, PA

Data Provided by:
Hertz - Reading Municipal Airport
(610) 374-1910
2385 Bernville Road
Reading, PA
Hours
Mo-Fr 0730-1800, Sa 0800-1200, Su 1000-1300
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
Additional Information
After Hours - After hour returns are allowed 0530-2400. Park vehicle in the Hertz area, then place the keys and rental agreement in the drop box, located at the Hertz counter.

Hertz - Grand Sport Malvern
(800) 654-3131
51 East Lancaster Avenue
Malvern, 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

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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