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Understanding Car Lease Residuals Ardmore OK

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
(580) 226-5200
826 Grand Ave
Ardmore, OK

Data Provided by:
Hertz - Atlantic Aviation
(918) 838-1015
7500 East Apache
Tulsa, OK
Hours
Mo-Fr 0630-0030, Sa-Su 0800-0030
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.

Hertz - LaSille Aviation
(580) 354-0789
3401 Southwest 11 Street
Lawton, OK
Hours
Su-Fr 0630-2130, Sa 0700-1930
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Private flights only.

Budget Rent A Car
(918) 622-7778
7722 E 41st St
Tulsa, OK

Data Provided by:
Enterprise Auto Rental
(918) 585-1609
00 E 2Nd St
Tulsa, OK
 
Enterprise Rent A Car
(405) 475-0430
3612 S Kelly Ave
Edmond, OK
 
Hertz - Wiley Post Service Center FBO
(405) 773-7212
7200 N W 63rd Street
Bethany, OK
Hours
0500-2200 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 - U S Aviation
(918) 834-5321
4141 North Memorial Drive
Tulsa, OK
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Conoco Phillips Hangar
(918) 333-1300
401 Wiley Post Road
Bartlesville, OK
Hours
Mo-Fr 0800-1700, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Conoco Phillips employess only.

Hertz - 1319 Gateway Plaza HLE
(405) 733-7088
1319 Gateway Plaza
Midwest City, OK
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
Railroad - Please call upon arrival for pickup service.

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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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