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Understanding Car Lease Residuals Corvallis OR

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 - 1746 Northwest 9th Street HLE
(541) 758-4101
1746 Northwest 9th Street
Corvallis, OR
Hours
Mo-Fr 0700-1800, Sa 0830-1230,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 car in Hertz area. Place keys and rental record in dropbox. Customer is responsible for vehicle and charges until the rental record is closed out at the beginning of business the next morning.

Hertz - Corvallis Aero Service
(541) 758-4101
5695 Southwest Airport Place
Corvallis, OR
Hours
Mo-Fr 0700-1700, Sa 0800-1230, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for private flight arrivals only. No walkins permitted. This location was formerly known as 'Avia Aviation Services'.

Mr. Formal Tuxedo Sales & Rentals
(503) 238-7216
1205 S.E. Grand Avenue
Portland, OR
 
Hertz - Corvallis Aero Service
(541) 758-4101
5695 Southwest Airport Place
Corvallis, OR
Hours
Mo-Fr 0700-1700, Sa 0800-1230, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for private flight arrivals only. No walkins permitted. This location was formerly known as 'Avia Aviation Services'.

Hertz - Hillsboro Aviation
(503) 846-1330
3565 Northeast Cornell Road
Hillsboro, OR
Hours
Mo-Fr 0630-1830, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Hertz - HP - Corvallis
(541) 758-4101
1000 N. E. Circle Blvd
Corvallis, OR
Hours
Mo-Fr 0700-1800,Sa 0830-1230,Su Closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hewlett Packard Gold Service members only.

Hertz - Municipal Airport HLE
(541) 882-0220
3000 Airport Road
Klamath Falls, OR
Hours
Mo-Fr 0800-1800 and 2230-2300, Sa 0800-1430, Su 0800-1400 and 1700-1800 and 2230-2300
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., 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 commercial flights up to 2400 if reservation is received during regular business hours. After hour returns are allowed. Bus - Approximately 6 miles from the bus station. 1/2 cab fare will be reimbursed with receipt. Railroad - Pickup service is available. Please call upon arrival.

Hertz - Aurora Aviation
(503) 582-0345
22785 Airport Road
Aurora, OR
Hours
Mo-Fr 0730-1730, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - After hour returns are allowed.

Hertz - Amtrak Portland
(503) 249-5727
800 N.W. 6th Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Amtrak arrivals only. After Hours - Please reserve at the Portland International Airport, 9445 N. E. Airport Way. Cab fare will be reimbursed up to $30.00 with receipt.

Hertz - Mercedes Downtown HLE
(503) 223-1234
1605 Southwest Naito Parkway
Portland, OR
Hours
Mo-Fr 0730-1800, 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. 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.

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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