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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.

Enterprise Auto Rental
(501) 562-6623
523 South University
Little, Rock, AR
 
Enterprise Rent-A-Car
(501) 537-2880
1 Airport Rd
Little Rock, AR

Data Provided by:
Penske Truck Rental
(910) 868-4120
589 N Reilly Rd
Fayetteville, AR
 
Enterprise Rent A Car
(479) 648-1117
1410 S Zero St
Fort Smith, AR
 
Hertz - Arkansas Aircraft HLE
(870) 932-0221
3901 Lindbergh Drive
Jonesboro, AR
Hours
Mo-Fr 0730-1530
Sa-Su Closed
Special Services
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
After Hours - After hours returns are allowed 2000-0600. Park car in the Hertz area, place keys and rental record in drop box located at counter. Bus - Approximately 4 miles from the bus station. Pickup service is available or cab fare will be reimbursed with receipt. Please call upon arrival.

Hertz - 2145 Creek View Drive HLE
(479) 444-6862
2145 Creek View Drive
Fayetteville, AR
Hours
Mo-Fr 0730-1730
Sa 0830-1230
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., 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
For commercial flight arrivals please use the Northwest Arkansas Regional Airport location. After Hours - After hour returns are allowed. Complete check-in information on front of rental jacket.. Drop keys and contract in the after hour return slot located on the back overhead garage door on the south side of the building.

Hertz - 2448 Highway 62 West HLE
(870) 424-3477
2448 Highway 62 West
Mountain Home, AR
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.

Budget Rent A Car
(479) 646-6932
4701 Towson Ave
Fort Smith, AR

Data Provided by:
U-Haul Company
(870) 932-0320
1700 Stadium Blvd
Jonesboro, AR
 
Hertz Car Rental
(479) 549-3662
1024 South Warshington
Siloam Springs, AR
Special Services
Pick up and Deliver in Siloam Springs

Data Provided by:

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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