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Understanding Car Lease Residuals Casper WY

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.

Enterprise Rent-A-Car
(307) 265-0069
6301 E 2nd St
Casper, WY

Data Provided by:
Hertz - Atlantic Air
(307) 265-1355
7956 Fuller Street
Casper, WY
Hours
Su-Fr 0800-2300, Sa. 0800-1730
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This location is for private flights only. No walkins permitted. This location was formerly known as 'Trajen'.

U-Haul Company
(307) 637-6016
1305 Dell Range Blvd
Cheyenne, WY
 
Enterprise Rent-A-Car
(307) 265-0069
6301 E 2nd St
Casper, WY

Data Provided by:
Enterprise Rent-A-Car
(307) 632-1907
2200 Missile Dr # A
Cheyenne, WY

Data Provided by:
Hertz - Natrona County Airport
(307) 265-1355
8500 Airport Parkway
Casper, WY
Hours
Su-Fr 0800-2300, Sa 0800-1730
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Will meet after hour reservations until 2300, Su-Fr, as long as reservation is made during regular business hours. After hour returns are allowed 0500-2300, Su-Fr. Place keys and rental record in the drop box located at the counter. This location is 10 miles west of town.

Ford Rental System
(307) 638-3335
2200 Westland Rd
Cheyenne, WY
 
Hertz - Jackson Hole Municipal Airport
(307) 733-2272
1250 East Airport Road
Jackson, WY
Hours
0600-2230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Located at the junction of Highways 26, 89 and 191 After Hours - Meets scheduled flights if reservation is received during regular business hours. After hour returns are allowed. Record date, time, milage, and fuel level on the rental jacket. Place the keys and rental jacket in the key return slot located on the front of the counter.

Enterprise Rent-A-Car
(307) 686-5655
603 E 2nd St
Gillette, WY

Data Provided by:
U-Haul Company
(307) 632-2023
2640 E Lincolnway
Cheyenne, WY
 
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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