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Understanding Car Lease Residuals Anderson SC

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.

Hertz - 3804 Clemson Boulevard HLE
(864) 224-2281
3804 Clemson Boulevard
Anderson, SC
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Greenville Downtown HLE
(864) 240-9145
220 North Main Street
Greenville, SC
Hours
Mo-Fr 0730-1800, Sa 0900-1200, Su 0900-1200
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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Signature Flight Support
(843) 689-3200
52 Gateway Circle
Hilton Head, SC
Hours
0800-1900 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. Forrmerly known as Carolina Air Center Inc.

Hertz Penske Truck Rental
(989) 773-1357
8332 E Broadway Rd
Mount Pleasant, SC
 
Hertz - Myrtle Beach Ford HLE
(843) 839-9530
851 Jason Boulevard
Myrtle Beach, SC
Hours
Mo-Fr 0800-1800, Sa 0900-1200, 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 , 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
Bus - Approximately 3 miles from the bus station. Pickup service available or cab fare will be reimbursed with receipt. Please call upon arrival. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Charleston Air Force Base HLE
(843) 760-6312
Lawson Drive
Charleston, SC
Hours
Mo-Fr 0900-1600, Sa 0900-1200, 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 on a military installation. Access to the military installation is required. Located at the intersections of Lawson Drive and O'Neal Avenue. After hour - After hour returns are allowed. Park vehicle in the Hertz area. Place keys and rental record in the drop box located in the AFB terminal. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz Corp
(843) 863-8239
8510 Rivers Ave
North Charleston, SC
 
Hertz - Mauldin Greenville HLE
(864) 234-5190
507 North Main Street
Greenville, SC
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Columbia Aviation
(803) 926-5297
2406 Edmunds Road
Columbia, SC
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Hertz - Atlantic Aviation Charleston International Airport
(843) 767-4544
6060 South Aviation Avenue
Charleston, SC
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. Previously known as Mercury Air.

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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