Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Centreville VA

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 - Fair Oaks Chrysler HLE
(703) 266-3860
4170 Auto Park Circle
Chantilly, VA
Hours
Mo-Fr 0730-1800, 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. 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
Located at the Fair Oaks Chantilly Chrysler-Jeep. After Hours - After hour returns are alllowed. Record the return date and time, mileage, and tank level on rental agreement. Leave the keys and rental agreement in the drop box located by the service door of garage. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Volo Manassas Airport HLE
(703) 330-5638
9998 Wakeman Drive
Manassas, VA
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.

Enterprise Rent-A-Car
(703) 393-6475
8513 Manassas Dr
Manassas Park, VA

Data Provided by:
Hertz - Dulles International Airport
(703) 471-6020
23540 Autopilot Drive
Washington D. C., DC
Hours
24 Hours
7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Located in Dulles, VA

Hertz - Signature Flight Support
(703) 572-0001
23950 Wind Sock Drive
Washington D. C., DC
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location services only customers who fly in to this location. All reservations require private flight arrival, even for customers arriving by private plane on a previous day. No other walkins allowed.

Hertz - Courtyard by Marriott HLE
(703) 435-8581
3935 Centerview Drive
Chantilly, VA
Hours
Mo-Fr 0800-1800, 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.

Enterprise Rent-A-Car
(703) 330-9696
9111 Euclid Ave
Manassas, VA

Data Provided by:
Dollar Rent A Car
(800) 800-4000
23390 Autopilot Dr
Sterling, VA

Data Provided by:
Hertz - Landmark Aviation
(703) 471-6020
23411 Autopilot Drive
Washington D. C., DC
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Hertz - Dulles Jet Center
(703) 471-6020
23800 Wind Sock Drive
Washington D. C., DC
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights 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...

Click here to read the rest of this article from Lease Guide