Auto Leasing Guide
Go to LeaseGuide.com now !

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 - Barley Station HLE
(610) 380-9022
2707 East Lincoln Highway
Thorndale, 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.

Hertz - American Flight Services
(610) 374-1910
119 Museum Road
Reading, PA
Hours
Mo-Fr 0730-1800, Sa 0800-1200, Su 1000-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , 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:
Hertz - Piazza Honda HLE
(215) 741-1104
1908 East Lincoln High
Langhorne, PA
Hours
Mo-Fr 08001200 and 1300-1800, 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 , 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
 
Enterprise Auto Rental
(215) 951-6923
801 Germantown Ave
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...

Click here to read the rest of this article from Lease Guide