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Understanding Car Lease Residuals Decatur AL

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 - Decatur Downtown HLE
(256) 353-9110
2410 Beltline Highway
Decatur, AL
Hours
Mo-Fr 0800-1700
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., 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 drop box located in front of the building. Bus - Approximately 8 blocks from the bus station. Pickup service is available, please call upon arrival.

Enterprise Auto Rental
(256) 464-5609
300 Madison Blvd
Madison, AL
 
Hertz - 22980 Highway 72 East HLE
(256) 262-1840
22980 Highway 72 East
Athens, AL
Hours
Mo-Fr 0800-1700
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., 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 vehicle in Hertz area. Place keys and rental record in the drop slot located in the door on the east side of the building.

Hertz - Birmingham International Airport
(205) 591-6090
5540 Airline Drive
Birmingham, AL
Hours
Mo-Fr 0600-2400
Sa 0600-2200
Su 0600-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Covered Return Center , Gold Counter Service
Additional Information
After Hours - Meets commercial flights if reservation is received in advance. After hour returns are allowed. Park vehicle in Hertz lot located on the first level of the parking deck. The Drop Box is located on the right side of the Hertz counter. Bus - Approximately 4 miles from the bus station. Cab fare is reimbursed with reciept. Please call upon arrival. Railroad - Approximately 4 miles from the railroad station. Cab fare is reimbursed with reciept. Please call upon arrival.

Hertz - Birmingham Downtown HLE
(205) 320-2533
2508 5th Avenue South
Birmingham, AL
Hours
Mo-Fr 0730-1800
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
Phone number required on reservation. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 9091 Highway 20 West HLE
(256) 772-7166
9091 Highway 20 West
Madison, AL
Hours
Mo-Fr 0800-1700
Sa 0800-1200
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., 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 the drop box located in front of the building.

Hertz - Huntsville International Airport
(256) 772-9331
114 International Airport
Huntsville, AL
Hours
Mo-Fr 0600-2300
Sa 0800-1700
Su 0800-2300
Special Services
Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Counter located in lobby of Sheraton 4 Points Hotel, which is in the airport terminal building. After Hours - Meets last commercial flight Sunday-Friday if reservation is received 24 hours in advance during regular business hours. After hour returns are allowed. Park car in Hertz area, place keys and rental record in drop box located in front of the building. Bus - Approximately 2 blocks from the bus station.

Hertz - Signature Flight Support
(256) 772-9331
2000 Houston Goodson Way
Huntsville, AL
Hours
Mo-Fr 0600-2230
Sa 0800-1700
Su 0800-2230
Special Services
Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(334) 807-0321
107 Scouting Cir
Troy, AL

Data Provided by:
Hertz - Dothan Municipal Airport
(334) 983-4514
800 Airport Drive
Dothan, AL
Hours
Mo-Th 0800-2230
Fr 0800-1830
Sa 0900-1730
Su 0900-2230
Special Services
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
Additional Information
After Hours - After hour returns are allowed Monday-Friday 0430-2400, Saturday 0430-2200, Sunday 0630-2400. Park the vehicle in the Hertz area, place keys and rental record in drop box at the Hertz counter. Bus - approximately 10 miles from the bus station. Pickup service may be available, please call upon arrival.

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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