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Understanding Car Lease Residuals Cottonwood AZ

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.

ATV Rentals of Arizona
(928) 379-0872
1795 E Fishermans
Camp Verde, AZ
 
Sedona Off-Road Center
(928) 282-5599
211 State Route
Sedona, AZ
 
Hertz - 3009 West Highway 89A HLE
(928) 282-0878
3009 West Highway 89A
Sedona, AZ
Hours
Mo-Fr 0800-1700
Sa 0900-1600
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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Bonbardier Lear Jet
(520) 573-5201
7777 South Nogales Highway
Tucson, AZ
Hours
Mo-Fr 0630-2130
Sa 0630-1930
Su 0630-2130
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. Walkins are not allowed

Hertz - Sheraton Crescent Hotel
(602) 997-0578
2620 West Dunlap Avenue
Phoenix, AZ
Hours
Mo-Fr 0730-1730
Sa-Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only. After Hours - After hour returns are allowed. Place vehicle in the Hertz area. Place keys and rental record at the front desk.

Hertz - Red Rock Aviation
(928) 282-0878
235 Air Terminal Drive
Sedona, AZ
Hours
Mo-Fr 0800-1700
Sa 0900-1600
Su 0900-1200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz Rent-A-Car
(928) 282-0878
3009 W State Route 89
Sedona, AZ
 
Lake Powell Utah Houseboat Rentals
(888) 454-8825
Bullfrog marinas
Page, AZ
Services
Houseboat Rentals

Data Provided by:
Enterprise Auto Rental
(602) 225-0588
805 E Sky Harbor Cir S
Phoenix, AZ
 
Hertz - Ryan Airfield
(520) 573-5202
9700 West Ajo Highway
Tucson, AZ
Hours
0700-1530 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Walkins are not allowed.

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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