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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.

National Alamo
(888) 868-6203
Fort Smith Regional Airport
Fort Smith, AR
 
Hertz - Memorial Field HLE
(501) 623-7591
525 Airport Road
Hot Springs, AR
Hours
Mo-Fr 0730-1730
Sa 0830-1230
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.
Additional Information
After Hours - After hours returns are allowed 0530-2200. Park the vehicle in the parking lot. Place the keys and rental record in the drop box located at the counter. Bus - Approximately 3 1/2 miles from the bus station. Cab fare will be reimbured up to $4.00 with receipt.

Enterprise Rent-A-Car
(501) 537-2880
1 Airport Rd
Little Rock, AR

Data Provided by:
Town & Country International Inc
(870) 932-8383
1701 E Parker Rd
Jonesboro, AR
 
Hertz - Little Rock National Airport
(501) 375-7307
3403 East Roosevelt Road
Little Rock, AR
Hours
Mo-Fr 0600-0030
Sa 0700-2300
Su 0700-0030
Special Services
Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park car in Hertz area, place keys and rental record in drop box located at the counter. Bus - Approximately 3 1/2 miles from the bus station. Railroad - Approximately 5 miles from the train station.

PacLease
(479) 785-9600
901 Fresno St
Fort Smith, AR
 
Hertz Penske Truck Rental
(910) 424-7048
Fayetteville S
Fayetteville, AR
 
Enterprise Auto Rental
(501) 227-7368
1301 West Markham
Little, Rock, AR
 
Hertz - Drake Field
(479) 443-4343
4500 South School Avenue
Fayetteville, AR
Hours
Mo-Fr 0800-2100
Sa-Su 0800-2000
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Walkins are not allowed.

Riggs Cat
(870) 932-5473
3701 E Parker Rd
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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