Auto Leasing Guide
Go to LeaseGuide.com now !

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.

National Car Rental
(843) 552-3415
3440 Rental Car Ln
North Charleston, SC
 
Hertz - Hilton Head Marriott
(843) 681-7604
1 Hotel Circle
Hilton Head, SC
Hours
0800-2100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Hertz - Myrtle Beach Jetport
(843) 448-3191
1100 Jetport Road
Myrtle Beach, SC
Hours
0700-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets flights if reservation is received during regular business hours. After hour returns are allowed. Park vehicle in the Hertz area. Place keys and rental record in the drop slot located at the counter.

Enterprise Auto Rental
(843) 723-6215
98 Meeting Street
Charleston, SC
 
Hertz - Seven Rivers Aviation
(843) 520-1535
129 Airport Road
Georgetown, SC
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Heritage Automall Inc
(989) 773-6343
4650 E Pickard St
Mount Pleasant, SC
 
Hertz - Bell and Bell HLE
(843) 399-9524
2491 Highway 9 East
Little River, SC
Hours
Mo-Fr 0800-1730, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(843) 767-1109
500 International Blvd # 114
Charleston, SC
 
Hertz - North Charleston Amtrak
(843) 767-4554
4565 Gaynor Avenue
Charleston, SC
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Located approximately 6 miles from the Charleston International Airport.

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...

Click here to read the rest of this article from Lease Guide