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Understanding Car Lease Residuals Columbus NE

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 - Columbus Municipal Airport
(402) 289-5034
2765 14th Avenue
Columbus, NE
Hours
Mo-Fr 0800-1600, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flight arrivals only.

Enterprise Rent-A-Car
(402) 564-0022
917 23rd St
Columbus, NE

Data Provided by:
Hertz - Duncan Aviation
(402) 474-4079
3701 Aviation Road
Lincoln, NE
Hours
Mo-Fr 0730-2330, Sa 0800-2230, Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(402) 461-1134
800 Burlington Ave
Hastings, NE

Data Provided by:
Enterprise Auto Rental
(402) 289-9300
7750 Burt St
Omaha, NE
 
Columbus Auto Mart
(402) 564-4952
2817 13TH St
Columbus, NE

Data Provided by:
Enterprise Auto Rental
(402) 344-3280
501 Abbott Drive
Omaha, NE
 
Enterprise Rent-A-Car
(402) 564-0022
917 23rd St
Columbus, NE

Data Provided by:
Enterprise Auto Rental
(402) 474-0179
400 W Adams St Ste 101
Lincoln, NE
 
Enterprise Auto Rental
(402) 328-0500
755 Jamie Ln Ste 8
Lincoln, NE
 
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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