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Understanding Car Lease Residuals Boiling Springs SC

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 - Spartanburg Memorial Airport
(864) 574-3486
500 Ammons Road
Greenville, SC
Hours
Mo-Fr 0600-2300, Sa-Su 0700-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Hertz - Spartanburg Marriott HLE
(864) 591-3246
299 North Church Street
Spartanburg, SC
Hours
Mo-Fr 0800-1200 and 1300-1700, 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. 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Greenville Airport
(864) 877-4261
2000 GSP Drive
Greenville, SC
Hours
0700-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Covered Return Center , Gold Counter Service
Additional Information
The Greenville Airport is actually located in Greer, SC. After Hours - After hour returns are allowed. Place keys and rental agreement in the drop box, located at the Hertz counter. Railroad - Approximately 15 miles from the train station. Pickup service is available Monday through Friday 0900-1700 if reservations is received at least 24 hours in advance. Outside of these hours, cab fare will be reimbused will be reimbursed with receipt. Bus - Approximately 7 miles from the bus station. Pick

Hertz - 201 West Wade Hampton Boulevard HLE
(864) 848-0241
210 West Wade Hampton Boulevard
Greer, SC
Hours
Mo-Fr 0730-1800, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Penske Truck Rental
(989) 773-1357
2180 E Remus Rd
Mount Pleasant, SC
 
Hertz - Blackstock HLE
(864) 574-3486
228 East Blackstock Road
Spartanburg, SC
Hours
Mo-Fr 0730-1800, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Stevens Aviation
(864) 879-6157
2100 GSP Drive
Greenville, SC
Hours
0800-2000 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located at the Greenville Spartanburg Airport. This location is for Private Flights only.

Enterprise Rent-A-Car
(864) 968-9452
500 Aviation Pkwy
Greer, SC

Data Provided by:
Hertz - 1 Sanctuary Beach Drive
(843) 573-2147
1 Sanctuary Beach Drive
Kiawah Island, SC
Hours
Mo-Fr 0730-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is temporarily closed. Located at the Sanctuary Hotel at Kiawah Island Resort. This location is for guests and employees of the Sanctuary Hotel only. After Hours - After hour reservations are allowed Monday through Saturday, if reservation is received at least 24 hours in advance. After hour returns are allowed. Please record the return date, time, mileage and tank level on rental agreement jacket, take customer copy. Leave keys and rental agreement with concierge at the Sanctuary

Hertz - Hilton Head Marriott
(843) 681-7604
1 Hotel Circle
Hilton Head, SC
Hours
0800-2100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

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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