Auto Leasing Guide
Go to LeaseGuide.com now !

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.

National Car Rental
(479) 478-0376
6700 Mckennon Blvd
Fort Smith, AR
 
Hertz Corp
(479) 750-4460
802 Airport Ave
Springdale, AR
 
Auto Rental of Jonesboro
(870) 932-0221
3901 Lindbergh Dr
Jonesboro, AR
 
Enterprise Auto Rental
(501) 562-6623
523 South University
Little, Rock, AR
 
Hertz - Tac Air
(479) 649-0961
5300 Airport Boulevard
Fort Smith, AR
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Walkins are not allowed.

Avis
(479) 452-5152
6700 Mckennon Blvd
Fort Smith, AR
 
National Alamo
(888) 868-6203
Fort Smith Regional Airport
Fort Smith, AR
 
Enterprise Auto Rental
(501) 376-1919
00 South Broadway
Little, Rock, AR
 
Budget Rental Car
(501) 268-8235
1614 E. Booth Rd.
Searcy, AR
Hours
Mon-Sat 8to6
Special Services
Free pick up

Triangle Rent A Car
(910) 860-3400
1404 Skibo Rd
Fayetteville, AR
 

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