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Understanding Car Lease Residuals Buckeye AZ

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 - 13530 West Van Buren Street HLE
(623) 932-4266
13530 West Van Buren Street
Goodyear, AZ
Hours
Mo-Fr 0730-1800
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. 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.

Budget Rent A Car
(623) 925-9793
205 E Van Buren St
Avondale, AZ

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Enterprise Rent-A-Car
(623) 474-4180
10625 W Roosevelt St
Avondale, AZ

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Lake Powell Utah Houseboat Rentals
(888) 454-8825
Bullfrog marinas
Page, AZ
Services
Houseboat Rentals

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Enterprise Auto Rental
(520) 295-9051
30 W. Irvington
Tucson, AZ
 
Hertz - Phoenix Goodyear Airport
(623) 932-4266
1658 South Litchfield Road
Goodyear, AZ
Hours
Mo-Fr 0700-1800
Sa 0700-1600
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Please leave the keys and contract with the counter personnel at the FBO, and notify the servicing location of the return.

Hertz - The Wigwam Resort
(623) 535-2669
300 Wigwam Boulevard
Litchfield Park, AZ
Hours
Mo-Fr 0800-1600
Sa 0900-1300
Su Closed
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 a Hertz designated area in Hertz marked stall in the Southeast Lot. Record the return date and time, mileage, and tank level on rental agreement. Leave keys and rental agreement in the drop box located in front Hertz office located in the lobby next to the concierge desk.

Hertz - Lux Air
(623) 932-4266
6841 North Glen Harbor Blvd
Glendale, AZ
Hours
Mo-Fr 0800-1600
Sa 1000-1500
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
Additional Information
Previously known as Glendale Aviation. After Hours - After hour renturns are allowed. Park vehicle in the Hertz area. Put keys and contract in the drop box by the south door.

Enterprise Auto Rental
(480) 497-4117
60 E Auto Center Dr
Mesa, AZ
 
Hertz - 171 West Continental HLE
(520) 625-9212
171 West Continental
Green Valley, AZ
Hours
Mo-Fr 0800-1700
Sa 0900-1500
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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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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