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Understanding Car Lease Residuals Cheyenne 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.

Taylor Propane Gas Inc
(307) 637-6904
1111 E Lincolnway
Cheyenne, WY
 
U-Haul Company
(307) 637-6016
1305 Dell Range Blvd
Cheyenne, WY
 
Ford Rental System
(307) 638-3335
2200 Westland Rd
Cheyenne, WY
 
Enterprise Rent-A-Car
(307) 632-1907
2200 Missile Dr # A
Cheyenne, WY

Data Provided by:
U-Haul Company
(307) 632-2978
11235 Us Highway 30
Cheyenne, WY
 
Hertz - Sky Harbor Air Service
(307) 634-2131
3913 Evans Avenue
Cheyenne, WY
Hours
Mo-Fr 0800-1900 and 2130-2230, Sa 0900-1400, Su 1100-1900 and 2130-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

U-Haul Company
(307) 634-6207
1215 Logan Ave
Cheyenne, WY
 
U-Haul Company
(307) 632-2023
2640 E Lincolnway
Cheyenne, WY
 
Hertz Penske Truck Rental
(307) 635-3672
4305 Mccann Ave
Cheyenne, WY
 
A1 Car Rental
(800) 447-3673
2200 Westkand Rd
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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