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Understanding Car Lease Residuals Arkansas City KS

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.

Hertz - B Four Flying
(316) 263-2004
22193 Tupper Street
Winfield, KS
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Bienies Body Shop
(785) 842-6297
126 North Poplar
Ottawa, KS
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.

Budget Rent A Car of Kansas City
(816) 243-5757
1102 N Rogers Rd
Olathe, KS
 
Enterprise Auto Rental
(785) 233-0200
33 Sw Topeka Blvd
Topeka, KS
 
Hertz - Koch Industries Hanger
(316) 946-4860
1760 Airport Road
Wichita, KS
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flight arrivals only. After hours - After hour returns are allowed. Record return date, time, mileage and fuel leve on rental record. Please rental record and keys in the glove box and lock the vehicle.

Hertz - Learjet Inc.
(316) 946-4860
1 Learjet Way
Wichita, KS
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
After hours - After hour returns are allowed. Record return date, time, mileage and fuel leve on rental record. Please rental record and keys in the glove box and lock the vehicle.

Hertz - Manhattan Airport HLE
(785) 539-0261
5500 Fort Riley Blvd
Manhattan, KS
Hours
Mo-Fr 0700-2100
Sa 0900-1300
Su 1200-1600
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.
Additional Information
After Hours - After hour returns are allowed. The drop box is located between the car rental return area and the side entrance of the building.

Hertz - Newton Downtown HLE
(316) 283-0789
130 East 4th
Newton, KS
Hours
Mo-Fr 0800-1800
Sa 0900-1300
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.
Additional Information
After hours - After hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Williams Automotive
(620) 343-0086
3105 West 6th Street
Emporia, KS
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., 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. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located on the front side of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(316) 682-1200
5401 E Kellogg Dr
Wichita, KS

Data Provided by:
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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