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Understanding Car Lease Residuals Pittsfield MA

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 - Pittsfield Municipal Airport
(413) 499-4153
3400 Sky Harbor Blvd
Pittsfield, MA
Hours
Mo-Fr 0800-1800, Sa 0800 1700, Su 1000-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. Also known as Lyon Aviation.

Hertz - 811 Dalton Avenue HLE
(413) 499-4153
811 Dalton Avenue
Pittsfield, MA
Hours
Mo-Fr 0800-1800, Sa 0800-1700, Su 1000-1600
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., Ski Equipped Vehicles, 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. Place rental agreement and keys in drop box located by the carwash door.

Hertz - Route 128 Amtrak Westwood
(781) 320-0157
50 University Avenue
Dedham, MA
Hours
Mo-Fr 0800-1800, 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
Additional Information
There is not a Hertz counter at the Amtrak Station. Please use the direct line phone to make arrangements for pickup or delivery. Cars cannot be returned to the Amtrak Station.

Hertz - 958 Providence Highway HLE
(781) 255-9405
958 Providence Highway
Norwood, MA
Hours
Mo-Fr 0800-1800, 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.

Avis Rent A Car
(781) 890-2959
70 3rd Ave
Waltham, MA

Data Provided by:
Hertz - GE Plastics
(413) 499-4153
1 Plastics Avenue
Pittsfield, MA
Hours
Mo-Fr 0800-1800, Sa 0800-1700, Su 1000-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This location is for General Electric employees only.

Hertz - Residence Inn Woburn
(781) 933-8362
300 Presidenital Way
Woburn, MA
Hours
Mo-Fr 0800-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Only vehicles rented at this location can be returned at this location.

Hertz - Courtyard Marriott
(508) 229-2756
3 Technology Drive
Westborough, MA
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Metropolitan Airport Operations
(413) 732-0715
255 Padgette Road
Chicopee, MA
Hours
Mo-Fr 0800-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Also known as Chicopee FBO.

Zipcar, Inc.
(617) 933-5070
18 Tremont, Suite 605
Boston, MA
 
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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