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Understanding Car Lease Residuals Alamogordo NM

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.

Enterprise Rent-A-Car
(575) 434-9010
1200 N White Sands Blvd # 109
Alamogordo, NM

Data Provided by:
Hertz - Blue Sky Aviation
(575) 389-8888
427 County Road 12.5
Texico, NM
Hours
Mo-Fr 0800-2000, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Avis Rent A Car
(575) 522-4406
700 S Telshor Blvd
Las Cruces, NM
 
Enterprise Auto Rental
(505) 248-9933
502 Clark-Carr Loop Se
Albuquerque, NM
 
Hertz - White Sands Missle Range
(575) 521-4807
Building 260
White Sands, NM
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Military Personnel only.

Hertz - Holloman Air Force Base HLE
(575) 443-1155
3500 Airport Road
Alamogordo, NM
Hours
Mo-Fr 0800-1730, Sa 0900-1300, 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. In-Car Navigation System , Gold Counter Service
Additional Information
Located at the White Sands Regional Airport. After Hours - After hour rentuns are allowed. Park car in the Hertz area. Place keys and rental agreement in drop box next to the door.

Hertz - Clovis Municipal Airport HLE
(575) 389-8888
427 County Road 12.5
Texico, NM
Hours
Mo-Fr 0730-1800, 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., 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
The Hertz counter is located in the airport lobby directly across from the gates located to the east of the front doors to the airport.

Enterprise Rent-A-Car
(575) 234-1177
1710 S Canal St
Carlsbad, NM

Data Provided by:
Hertz - Atlantic Aviation
(505) 842-4235
2505 Clark Carr Loop S.E.
Albuquerque, NM
Hours
0500-0100 7 Days
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.

Enterprise Auto Rental
(505) 764-9173
200 Lomas Blvd Ne
Albuquerque, NM
 
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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