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Understanding Car Lease Residuals Burley ID

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.

U-Haul Company
(208) 461-0461
734 W Greenhurst Rd
Nampa, ID
 
Hertz - Aeromark
(208) 529-3101
1940 International Way
Idaho Falls, ID
Hours
0630-2330 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hour returns are allowed.

Penske Truck Rental
(208) 938-0846
943 W Overland Rd
Meridian, ID
 
U-Haul Company
(208) 846-9482
2055 S Locust Grove Rd
Meridian, ID
 
Enterprise Rent A Car
(208) 888-3559
613 S Meridian Rd
Meridian, ID
 
Hertz - Silver Wing Flight Service
(208) 263-9105
1100 Airport Way
Sandpoint, ID
Hours
Mo-Fr 0700-1700
Sa-Su 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Hertz - Magic Valley Regional Airport
(208) 733-2668
524 Airport Loop
Twin Falls, ID
Hours
Mo-Fr 0800-1900
Sa Closed
Su 0830-1830
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets commercial flights Monday thru Thursday if reservation is received at least 24 hours in advance. After hour returns are allowed during airports hours of operation only. Park the vehicle in the Hertz area. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located at the Hertz counter.

Hertz - The AV Center
(208) 234-2141
1483 Flightline
Pocatello, ID
Hours
Mo-Fr 0800-2300
Sa 0900-1830
Su 0900-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This locations is for private flights only. No walkins allowed.

Enterprise Auto Rental
(208) 381-0650
201 Airport Way Ste 210
Boise, ID
 
Hertz - Resort Aviation Jet
(208) 772-3731
11101 Airport Drive
Hayden Lake, ID
Hours
0800-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed.

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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