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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 - 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 - 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 - 242 Mystic Avenue HLE
(781) 306-0610
242 Mystic Avenue
Medford, 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 , 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. Place completed Rental Agreement and keys in the drop box attached to the building next to the front door.

Hertz Corp
(617) 244-0801
15 Shaw St
Newton Center, MA
 
Hertz - Massachusetts Mutual Headquarters
(413) 732-0715
1295 State Street
Springfield, MA
Hours
Mo-Fr 0800-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Massachusetts Mutual Employees only.

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 - Back Bay Station Amtrak
(617) 338-1500
145 Dartmouth Street
Boston, MA
Hours
Mo-Th 0700-1800, Fr 0700-1900, Sa 0700-1600, Su 0800-1700.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Amtrak arrivals only. There is no rental counter at South Street/Amtrak Station. Cab fare to the 30 Park Plaza location will be reimbursed up to $10.00 with receipt.

Hertz - 142 Canal Street HLE
(978) 745-5275
142 Canal Street
Salem, 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 , 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.

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

Data Provided by:
Enterprise Rent A Car
(617) 244-6450
1229 Washington St
Newton Center, 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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