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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.

Penske Truck Rental
(479) 649-8513
23 N 11th St
Fort Smith, AR
 
Crown Limousine
(910) 483-5135
2708 Owen Dr
Fayetteville, AR
 
Enterprise Rent-A-Car
(501) 537-2880
1 Airport Rd
Little Rock, AR

Data Provided by:
Hertz Corp
(479) 750-4460
802 Airport Ave
Springdale, AR
 
Hertz - Super Marine Of Little Rock
(501) 375-7307
2201 Bond Avenue
Little Rock, AR
Hours
Mo-Fr 0600-0030
Sa 0600-2300
Su 0600-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz Corp
(479) 750-4460
780 W Randall Wobbe Ln
Springdale, AR
 
Penske Truck Rental
(910) 868-4120
589 N Reilly Rd
Fayetteville, AR
 
Hertz - 10500 West Markham HLE
(501) 492-5530
10500 West Markham
Little Rock, AR
Hours
Mo-Fr 0730-1800
Sa 0900-1200
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 hour returns are allowed.

Triangle Rent A Car
(910) 860-3400
1404 Skibo Rd
Fayetteville, AR
 
Auto Rental of Jonesboro
(870) 932-0221
3901 Lindbergh Dr
Jonesboro, AR
 
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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