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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 - Al Schroeder Field
(316) 946-4860
Airport Road
Hillsboro, KS
Hours
24 Hours
7 Days
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 - 2861 South Kansas Avenue HLE
(785) 267-4468
2861 South Kansas Avenue
Topeka, KS
Hours
Mo-Fr 0730-1730
Sa 0800-1300
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
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:
Paola Glass Co
(913) 294-3121
1012 N Pearl St
Paola, KS
 
Hertz - Raytheon Aircraft Delivery Center
(316) 689-3773
9709 East Central
Wichita, KS
Hours
0800-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Raytheon Employees Private Flights only. After hours - After hour returns are allowed. Record date, time, mileage and tank level on the rental agreement. Leave rental record and keys with FBO personnel.

Hertz - Downtown Wichita HLE
(316) 263-2004
535 West Douglas Avenue
Wichita, KS
Hours
Mo-Fr 0700-1830
Sa 0800-1200
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. Park vehicle in lot located at the rear of the building. Drop box is located in front of the facility. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 1904 East Santa Fe Drive HLE
(913) 390-6114
1904 East Santa Fe Drive
Olathe, KS
Hours
Mo-Fr 0700-1800
Sa 0900-1200
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. In-Car Navigation System , 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 - Cessna Citation Service
(316) 946-4860
2121 South Hoover Road
Wichita, KS
Hours
Mo-Fr 0630-2330
Sa-Su 0730-1800
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 date, time, mileage and tank level on the rental agreement. Leave rental record and keys with FBO personnel.

Enterprise Rent A Car
(816) 243-5757
1610 E Santa Fe
Olathe, KS
 
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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