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Understanding Car Lease Residuals South Burlington VT

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 - 1335 Shelburne Road HLE
(802) 859-3601
1335 Shelburne Road
Burlington, VT
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., Ski Equipped Vehicles, 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.

Hertz - Heritage Flight
(802) 864-7409
3060 Williston Road
Burlington, VT
Hours
Mo-Fr 0630-2330, Sa-Su 0700-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Amtrak Essex Junction
(802) 864-7409
29 Railroad Avenue
Burlington, VT
Hours
Mo-Fr 0615-2330, Sa-Su 0700-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles
Additional Information
After Hours - After hour rentals are allowed. Cab fare up to $20.00 will be reimbursed with receipt. Location is approximately 5 miles from the Burlington Airport.

U-Haul Company
(336) 227-0223
2528 N Church St
Burlington, VT
 
Hertz - Atlantic Aviation
(802) 657-3100
1130 Airport Drive
Burlington, VT
Hours
Mo-Fr 0630-2330, Sa-Su 0700-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Burlington Airport
(802) 864-7409
1200 Airport Drive
Burlington, VT
Hours
Mo-Fr 0630-2400, Sa-Su 0700-2400
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 , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hours returns are allowed 0500-2330. Place keys and rental agreement in the drop box, located at the Hertz counter.

Hertz - Atlantic Aviation
(802) 657-3100
1130 Airport Drive
Burlington, VT
Hours
Mo-Fr 0630-2330, Sa-Su 0700-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Rutland Airport
(802) 775-3353
1002 Airport Road
Rutland, VT
Hours
Mo-Fr 0800-1800, Sa-Su 0900-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

U-Haul Company
(336) 437-0509
2105 N Church St
Burlington, VT
 
Hertz - 1335 Shelburne Road HLE
(802) 859-3601
1335 Shelburne Road
Burlington, VT
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., Ski Equipped Vehicles, 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.

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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