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.
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
I recently leased a car through Vantage Auto Group in Watchung, NJ, and worked directly with Sean Ulsaker. The experience was nothing short of remarkable. No pressure, no obligation, no haggling—just honest, efficient, and top-tier service.My car broke down on a Monday. I contacted Sean, and by Thursday, I had a new vehicle delivered to my place of business. He guided me through car recommendations, arranged test drives the very next day, handled all the paperwork, and made the entire process seamless. I didn’t even have to leave my office.From now on, I’ll be working exclusively with Vantage Auto and recommending them to anyone looking for a stress-free car leasing experience. Sean and the team truly go above and beyond. thank you Sean for the excellent service. First time leasing a car and not having to take headache pills.Again, thanks! Manny Barrueco
I recently leased a car through Vantage Auto Group in Watchung, NJ, and worked directly with Sean Ulsaker. The experience was nothing short of remarkable. No pressure, no obligation, no haggling—just honest, efficient, and top-tier service.My car broke down on a Monday. I contacted Sean, and by Thursday, I had a new vehicle delivered to my place of business. He guided me through car recommendations, arranged test drives the very next day, handled all the paperwork, and made the entire process seamless. I didn’t even have to leave my office.From now on, I’ll be working exclusively with Vantage Auto and recommending them to anyone looking for a stress-free car leasing experience. Sean and the team truly go above and beyond. thank you Sean for the excellent service. First time leasing a car and not having to take headache pills.Again, thanks! Manny Barrueco
Manny Barrueco
Recently bought a car through Vantage Auto Group and can’t say enough how great they were. Their process was seamless and they made buying a car a great experience. highly recommend Vantage Auto Group!
Recently bought a car through Vantage Auto Group and can’t say enough how great they were. Their process was seamless and they made buying a car a great experience. highly recommend Vantage Auto Group!
Cory Rothbort
Denis Lipari
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
I just leased a new car with them yesterday and it was a fantastic and easy experience. Charlie was incredibly helpful and thorough. I had the car delivered 24 hours after my first conversation with Charlie! I'll never visit a dealer again. I highly recommend Vantage Auto Group
I just leased a new car with them yesterday and it was a fantastic and easy experience. Charlie was incredibly helpful and thorough. I had the car delivered 24 hours after my first conversation with Charlie! I'll never visit a dealer again. I highly recommend Vantage Auto Group
Tony Perez
process could not have been easier, everyone should get their car this way - save yourself time and money and the team is great!
process could not have been easier, everyone should get their car this way - save yourself time and money and the team is great!
Jamie Tanker
Stephen Perrone
Josh Miller