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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 - Cedar Rapids Eastern Iowa Airport
(319) 365-9408
2121 Wright Brothers Blvd. West
Cedar Rapids, IA
Hours
Mo-Fr 0700-2300
Sa 0800-1900
Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the Hertz area. Place keys and rental agreement in the drop box, located at the Hertz counter.

Hertz - 2151 Werner Avenue Northeast HLE
(319) 393-0221
2151 Werner Avenue Northeast
Cedar Rapids, IA
Hours
Mo-Fr 0700-1730
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. Place keys and rental record in mail slot located on the door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Penske Truck Rental
(319) 358-9472
1820 Boyrum St
Iowa City, IA
 
Hertz - Exec 1 Aviation
(515) 299-4390
3700 Southeast Convenience Boulevard
Ankeny, IA
Hours
Mo-Fr 0800-1700
Sa -Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Budget Truck Rental
(319) 354-4784
1640 Highway 1 W Ste 1
Iowa City, IA
 
Hertz Corp
(319) 287-5189
Waterloo Airport
Waterloo, IA
 
Enterprise Auto Rental
(515) 262-2222
545 E Euclid Ave
Des, Moines, IA
 
Hertz - Mid-America Jet Center
(515) 285-9650
2606 McKinley Avenue
Des Moines, IA
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This locatiion is for Private Flights only. No walkins allowed. Call letters or tail number of aircraft is required on reservation.

Hertz - Pella Municipal Airport
(515) 285-1382
2119 Airport Road
Pella, IA
Hours
Mo-Fr 0800-1800
Sa-Su Closed
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 - Dubuque Airport
(563) 583-0267
11000 Airport Road
Dubuque, IA
Hours
Mo 0700-1700 and 2200-2300
Tu-Th 0900-1700 and 2200-2300
Fr 0900-1700
Sa 0900-1300
Su 0900-1700 and 2200-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Drop box is located on the Hertz counter.

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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