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Understanding Car Lease Residuals Arkadelphia AR

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.

U-Haul Company
(479) 751-6212
806 Twin City Ave
Springdale, AR
 
National Alamo
(888) 868-6203
Fort Smith Regional Airport
Fort Smith, AR
 
Enterprise Rent-A-Car
(501) 537-2880
1 Airport Rd
Little Rock, AR

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Enterprise Rent-A-Car
(479) 648-1117
1410 Zero St
Fort Smith, AR

Data Provided by:
Enterprise Rent-A-Car
(501) 268-6099
2204 E Race Ave
Searcy, AR

Data Provided by:
Enterprise Rent-A-Car
(501) 843-8110
2796 S 2nd St # B
Cabot, AR

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Penske Truck Rental
(910) 868-4120
589 N Reilly Rd
Fayetteville, AR
 
Riggs Cat
(870) 932-5473
3701 E Parker Rd
Jonesboro, AR
 
Whittle Truck Sales & Trailer Rentals & Sales
(479) 750-9410
567 S 40th St
Springdale, AR
 
Riggs Cat
(479) 756-8080
4117 Wagon Wheel Rd
Springdale, AR
 
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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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