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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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The Smart Buyer's Guide to Leasing vs. Buying in 2026

Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives

Smart move!

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Delivery by Monday

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Value Tracking

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No credit impact, view Get personalized insights on your car’s value, so you can time your next car with the most savings.real payments while shopping.

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Effortless to buy and personalized to you, with coverage deals with Vantage.

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Testimonials

What Our Customers Say

People come for the number. They stay for how easy we make it.

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Robyn and David were great to work with and made sure I got exactly what I was looking for!

Robyn and David were great to work with and made sure I got exactly what I was looking for!

Justin Schoenberg

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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

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My experience with the Vantage group was exceptional. From the car selection to the car delivery to questions we had. Other issues that came up were quickly and efficiently handled. Anyone interested in obtaining a new car I strongly recommend calling the Vantage Group and ask for Dave G. I am sure you with be very satisfied with their service

My experience with the Vantage group was exceptional. From the car selection to the car delivery to questions we had. Other issues that came up were quickly and efficiently handled. Anyone interested in obtaining a new car I strongly recommend calling the Vantage Group and ask for Dave G. I am sure you with be very satisfied with their service

Joel Jarman

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Sean and the Vantage Auto Group made the entire process seamless from start to finish — I can’t recommend them highly enough!!

Sean and the Vantage Auto Group made the entire process seamless from start to finish — I can’t recommend them highly enough!!

nicole berman

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Makes buying a car easy and hassle free.

Makes buying a car easy and hassle free.

Stefani Klaskow

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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

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Deborah Amster is a fantastic car sales professional. Easy to work with, straight forward, cares about customer service and making the car buying experience painless. She’s a true consultant. Thank you, Deb!

Deborah Amster is a fantastic car sales professional. Easy to work with, straight forward, cares about customer service and making the car buying experience painless. She’s a true consultant. Thank you, Deb!

Konstantin Novodvorsky

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David Goldstein and his team are great. He was always available and responsive whenever I voiced a concern. He was quick to answer questions, which was extremely helpful it making decisions as I did not need to wait long to connect with him. I highly recommend connecting with David the next time you are looking for a vehicle!

David Goldstein and his team are great. He was always available and responsive whenever I voiced a concern. He was quick to answer questions, which was extremely helpful it making decisions as I did not need to wait long to connect with him. I highly recommend connecting with David the next time you are looking for a vehicle!

Joseph Bestreich

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It was a “fun” way to make a car purchase. Mark V. and the whole team were responsive, informative, and very friendly! Can’t wait to purchase the next one!! (😬🤪) Thank you!! Ulla & Bill

It was a “fun” way to make a car purchase. Mark V. and the whole team were responsive, informative, and very friendly! Can’t wait to purchase the next one!! (😬🤪) Thank you!! Ulla & Bill

W Shuler