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Understanding Car Lease Residuals Columbus GA

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.

Fifty Cent Rent A Car
(706) 323-1060
1509 Wynnton Rd
Columbus, GA
 
Enterprise Auto Rental
(706) 660-1090
639 Bradley Park Dr Ste 200
Columbus, GA
 
Budget Car & Truck Rental
(706) 327-5501
3250 W Britt David Rd Ste 111
Columbus, GA
 
Hertz - Columbus Metro Airport
(706) 324-2725
3250 West Britt David Road
Columbus, GA
Hours
Su-Fr 0700-2230
Sa 0700-1800
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 - Will meet scheduled commercial flights after hours as long as the reservation is received during regular business hours. After hour returns are allowed during airport terminal hours of operation only. Place keys and rental agreement in the drop box located at the Hertz counter. Bus - Approximately 7 1/2 miles from the bus station.

Enterprise Rent-A-Car
(800) 736-8222
3615 Manchester Expy
Columbus, GA
 
Penske Truck Rental
(706) 682-3344
4346 Allied Dr
Columbus, GA
 
Hertz Penske Truck Rental
(706) 653-7847
1435 54th St
Columbus, GA
 
Enterprise
(706) 243-7450
3000 N Lake Pkwy
Columbus, GA
 
Hertz - CSG Aviation
(706) 324-2453
3250 West Britt David Road
Columbus, GA
Hours
Su-Fr 0700-2100
Sa 0700-1800
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Radio frequency 2295

National Car Rental
(706) 321-8988
2911 Airport Thruway
Columbus, GA
 

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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