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Understanding Car Lease Residuals Chickasha OK

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 - Mid Continent Air
(405) 681-2341
2300 North Cimarron Road
Oklahoma City, OK
Hours
Mo-Sa 0730-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. Located at the Legacy C. E. Page Airport Hanger 5.

Hertz - Claremore Regional Airport
(918) 834-5321
19502 East Rogers Post Road
Claremore, OK
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Oklahoma City West HLE
(405) 688-7596
3523 South Meridian Avenue
Oklahoma City, OK
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
Formerly located off Metropolitan Avenue.

Enterprise Auto Rental
(405) 755-2223
21 E. Memorial Road
Oklahoma, City, OK
 
Hertz - 1306 North Interstate Drive HLE
(405) 292-0484
1306 North Interstate Drive
Norman, OK
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.

Hertz - 500 Southeast Washington HLE
(918) 333-1300
500 Southeast Washington
Bartlesville, OK
Hours
Mo-Fr 0800-1700, 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., 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.

Hertz - Cruise Aviation
(405) 292-0484
1700 Lexington
Norman, OK
Hours
0800-1800 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.

Hertz - Abuvclouds Aviation
(918) 834-5321
591 Airport Road
Pryor, OK
Hours
Mo-Fr 0700-1800, 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., Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(918) 477-7660
111 S Sheridan Rd
Tulsa, OK
 
Hertz - Lawton Municipal Airport HLE
(580) 355-6789
3401 Southwest 11th Street
Lawton, OK
Hours
Mo-Fr 0730-2100, Sa-Su 0800-2100
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
After Hours - Meets scheduled flights if reservation is received at least 24 hours in advance, during regular business hours. After hour returns are allowed 0400-2400. Park car in Hertz area. Place keys and rental record in drop box located at the rental counter. Bus - Approximately 5 miles from the bus station. Pickup and return service is available, please call upon arrival.

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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