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Understanding Car Lease Residuals Clinton IA

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 - 3400 South Expressway HLE
(712) 366-0400
3400 South Expressway
Council Bluffs, IA
Hours
Mo-Fr 0700-1800
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., 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 - After hour returns are allowed. Park vehicle on the west side of the building. Place rental record and keys in drop box located on the west side of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Elliott Aviation
(515) 285-9650
2800 McKinley Avenue
Des Moines, IA
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Call letters or tail number of aircraft required on reservation. Radio frequency ARINC 130.57, UNICOM 122.95. This location is for private flights only.

Hertz - Signature Flight Support
(515) 256-5330
5400 Fleur Drive
Des Moines, IA
Hours
0700-2200 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. No walkins allowed.

Hertz - 2501 Airport Drive HLE
(515) 233-3469
2501 Airport Drive
Ames, IA
Hours
Mo-Fr 0730-1730
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 , 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 - After hour returns are allowed. The drop box is located by the Hertz entrance door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Landmark Aviation
(319) 365-9408
9505 18th Street S W
Cedar Rapids, IA
Hours
Su-Fr 0800-2100
Sa 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flight arrivals only.

Hertz - 1801 South Riverside Drive HLE
(319) 337-6615
1801 South Riverside Drive
Iowa City, IA
Hours
Mo 0700-1800
Tu-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., 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 Iowa City Municipal Airport. Bus - Approximately 1.5 miles from the bus station. Cab fare will be reimbursed up to $10.00 with receipt. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Meredith Corporation
(515) 276-1177
1716 Locust Street
Des Moines, IA
Hours
Mo-Fr 0730-1730
Sa 0800-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is Meredith Corporation use only. After Hours - After hour returns are allowed. Leave the keys and the contract with the security guard.

U-Haul Company
(319) 338-2021
2601 2nd St
Iowa City, IA
 
Enterprise Auto Rental
(319) 366-5522
121 Arthur Collins Pkwy Sw#14
Cedar, Rapids, IA
 
Enterprise Auto Rental
(515) 252-8800
999 Hickman Rd
Des, Moines, IA
 

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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