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Understanding Car Lease Residuals Beeville TX

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 - Harlingen International Airport
(956) 430-8620
3030 Airport Drive
Harlingen, TX
Hours
Mo-Fr 0700-2300, Sa-Su 0700-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets commercial flights if reservation is received during regular business hours. After hour returns are allowed. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter. Bus - Approximately 4 miles from the Valley Transit Greyhound Station and the Continental Trailways Station. Please call upon arrival for pickup service.

Enterprise Auto Rental
(210) 404-9190
2300 San Pedro
San, Antonio, TX
 
Hertz - Collision Specialist
(817) 652-6837
1580 Highway 157
Mansfield, TX
Hours
Mo-Fr 0700-1800, 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
This location is for insurance replacement rentals only.

Enterprise Auto Rental
(210) 826-7297
346 Parkridge Dr
San, Antonio, TX
 
Hertz - El Paso West HLE
(915) 585-7499
950 Crockett
El Paso, TX
Hours
Mo-Fr 0730-1730, Sa 0900-1230, 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.

U-Haul Company
(281) 403-9154
2427 Texas Pkwy
Missouri City, TX
 
Avis Pearland Tx
(713) 436-6821
1910 Country Place Pkwy Ste 112
Pearland, TX
 
Penske Truck Rental
(956) 781-2073
4001 N Cage Hwy 281
Pharr, TX
 
Penske Truck Rental
(817) 595-0797
7410 Boulevard 26
North Richland Hills, TX
 
Hertz - Stinson Field San Antonio Aviation FBO
(210) 922-1203
8411 Mission Road
San Antonio, TX
Hours
Mo-Fr 0800-2000, Sa 0800-1800, Su 1000-1800
Special Services
Hertz NeverLost®, In-Car Navigation System
Additional Information
This location is for Private Flights only.

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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