A simple Answer TO yOUr Question
What is residual value on a car lease?
Residual value is the projected worth of a vehicle at the end of a lease term, expressed as a percentage of MSRP. If a $50,000 car has a 60% residual after 36 months, the leasing company expects it to be worth $30,000 at lease end. You pay for the depreciation between the selling price and the residual value, which is why a higher residual means a lower monthly payment.
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What Our Customers Say
People come for the number. They stay for how easy we make it.
Easy to work with, responsive and made the whole experience worthwhile. I would recommend to anyone to go through Mark and the Vantage team
Easy to work with, responsive and made the whole experience worthwhile. I would recommend to anyone to go through Mark and the Vantage team
Brian Dorney
Very nice company. They helped me find the vehicle I wanted and helped sell my old car as well. Everyone in the company is great and very helpful explaining all the steps involved. Would highly recommend using them.
Very nice company. They helped me find the vehicle I wanted and helped sell my old car as well. Everyone in the company is great and very helpful explaining all the steps involved. Would highly recommend using them.
DreadBasil
Joe Piazza
Kris
Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.
Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.
Rebecca Perez
Great customer service! Dave was very responsive and worked hard to find the car we were looking for. His pricing was unbeatable and the vehicle was delivered right to our driveway. There was a small issue with the vehicle from the manufacturer, but Dave and his team have been working hard to rectify it. Goes to show their service doesn’t disappear after delivery, and are committed to developing relationships and making longterm customers.
Great customer service! Dave was very responsive and worked hard to find the car we were looking for. His pricing was unbeatable and the vehicle was delivered right to our driveway. There was a small issue with the vehicle from the manufacturer, but Dave and his team have been working hard to rectify it. Goes to show their service doesn’t disappear after delivery, and are committed to developing relationships and making longterm customers.
Eric A
Vantage made the leasing process so easy and worked closely with us to get my wife the exact car she wanted!! We were thrilled with the customer service from Jess and David, and love the car!!
Vantage made the leasing process so easy and worked closely with us to get my wife the exact car she wanted!! We were thrilled with the customer service from Jess and David, and love the car!!
Ari Shenkman
Jinal Shah
My wife and I have been working with Dave and Vantage Auto Group for over 5 years now, across 7 cars for our family, and the experience has been consistently outstanding. Dave is always professional, thorough, and a true advocate for his clients. His persistence and dedication make the process smooth and stress-free, and he takes the time to ensure every detail is handled with care.I’ve personally recommended Dave and Vantage to several friends, and they’ve had the same positive experience. His staff is punctual, cordial, and a pleasure to work with, bringing a level of service that goes far beyond what you’d expect from traditional, impersonal salespeople.Dave and his team truly take it to a new level. If you’re looking for a trusted partner in the car shopping process, I highly recommend Vantage Auto Group.
My wife and I have been working with Dave and Vantage Auto Group for over 5 years now, across 7 cars for our family, and the experience has been consistently outstanding. Dave is always professional, thorough, and a true advocate for his clients. His persistence and dedication make the process smooth and stress-free, and he takes the time to ensure every detail is handled with care.I’ve personally recommended Dave and Vantage to several friends, and they’ve had the same positive experience. His staff is punctual, cordial, and a pleasure to work with, bringing a level of service that goes far beyond what you’d expect from traditional, impersonal salespeople.Dave and his team truly take it to a new level. If you’re looking for a trusted partner in the car shopping process, I highly recommend Vantage Auto Group.
Gus Torres