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Understanding Car Lease Residuals Wallingford CT

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 - Meriden Amtrak
(203) 379-5004
60 State Street
Meriden, CT
Hours
Mo-Fr 0800-1730
Sa-Su closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles

Hertz - Meriden Aviation
(201) 379-5004
213 Evansville Avenue
Meriden, CT
Hours
Mo-Fr 0700-1800
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flight arrivals only.

Hertz - European Motors
(203) 379-5004
1158 Newfield Street
Middletown, CT
Hours
Mo-Fr 0730-1730
Sa-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.
Additional Information
This location is for Insurance Replacement only.

Hertz - 1 George Street HLE
(203) 777-6861
1 George Street
New Haven, CT
Hours
Mo-Fr 0730-1900
Sa 0900-1200
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. 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
Bus - approximately 5 blocks from the bus station. Please call upon arrival for possible pickup service, or cab fare reimbursement. Reimbursement requires receipt from cab driver. Railroad - Approximately 3 blocks from the railroad station. Please call upon arrival using the Hertz courtesy phone for pickup service. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Tweed New Haven Airport
(203) 469-8826
155 Burr Street
New Haven, CT
Hours
Mo-Fr 1100-1200 and 1500-2400
Sa 1300-1600
Su 1100-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Will meet after hour flights Sunday thru Friday only. After hour returns are allowed up to 2400 Sunday-Friday and up to 1800 on Saturday. Park car in Hertz area, place keys and rental record in slot at the counter. No drops before 0530 when the airport opens.

Hertz - 319 South Broad Street HLE
(203) 379-5004
319 South Broad Street
Meriden, CT
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., 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 17 Farmington Avenue HLE
(860) 747-4435
17 Farmington Avenue
Plainville, CT
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., 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 hour - After hour returns are allowed. Place completed rental agreement and keys in the drop box provided to the right of the front door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 730 Wolcott Street HLE
(203) 757-8232
730 Wolcott Street
Waterbury, CT
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., 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 - Robinson Aviation
(203) 467-9555
50 Thompson Avenue
East Haven, CT
Hours
Mo-Fr 0800-1800
Sa 0900-1600
Su 1000-1800
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(203) 729-7177
686 Rubber Ave
Naugatuck, CT

Data Provided by:
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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