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Understanding Car Lease Residuals Arvada CO

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 - Wyndham Phoenix
(602) 636-1353
50 East Adams Street
Phoenix, AZ
Hours
Mo-Fr 0700-1800
Sa 0800-1600
Su 1200-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only. After Hours - After hour returns are allowed. Park the vehicle in the hotel parking garage. Leave the keys and contract with the valet or the front desk.

U-Haul Company
(303) 423-1292
6275 Wadsworth Byp
Westminster, CO
 
U-Haul Company
(303) 657-1970
5295 Sheridan Blvd
Arvada, CO
 
Dollar
(303) 427-0331
3019 W 74th Ave
Westminster, CO
 
Area Rent - Alls
(303) 429-3589
7900 N Federal Blvd
Westminster , CO
 
Hertz Corp
(303) 432-3186
5595 Sheridan Blvd # A
Arvada, CO
 
U-Haul Company
(303) 422-0121
6490 W 56th Ave
Arvada, CO
 
Penske Truck Rental
(303) 426-8086
7900 Federal Blvd
Westminster, CO
 
Enterprise Rent A Car
(303) 429-9376
9100 Pierce St
Westminster, CO
 
Enterprise Rent A Car
(303) 460-1548
11905 Corporate Way
Westminster, CO
 

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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