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Understanding Car Lease Residuals Anchorage AK

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 Auto Rental
(907) 563-5050
10 E Intl Airport Rd
Anchorage, AK
 
Hertz - 414 K Street HLE
(907) 562-4595
414 K Street
Anchorage, AK
Hours
Mo-Fr 0800-1700
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
Located in the parking area next door to the Captain Cook Hotel. After Hours - After hour returns are allowed.

Hertz - Great Circle Flight Services
(907) 245-1232
6121 South Airpark Place
Anchorage, AK
Hours
0530-0200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(907) 248-5526
940 W Intl Airport Rd
Anchorage, AK
 
Hertz - Elmendorf AFB
(907) 753-0199
Westover Avenue
Elmendorf, AK
Hours
Mo-Sa 0900-1900
Su 1000-1900
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for military personnel only.

Enterprise Auto Rental
(907) 277-1600
26 E 4Th Ave
Anchorage, AK
 
Hertz - Million Air
(907) 248-4422
6160 Carl Brady Drive
Anchorage, AK
Hours
0530-0230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Signature Flight Support
(907) 248-9595
6121 South Airpark Place
Anchorage, AK
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Anchorage International Airport
(907) 243-4118
4555 International Airport Road
Anchorage, AK
Hours
0600-0200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hours returns are allowed. Park the vehicle in the Hertz area, then place keys and rental record in the drop box located at the Hertz counter. Railroad - Approximately 8 miles from the railroad station. Cab fare will be reimbursed with receipt.

Hertz - Signature Flight Support
(907) 248-9595
6121 South Airpark Place
Anchorage, AK
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

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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