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Understanding Car Lease Residuals Dover DE

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 - 1679 South Dupont Highway HLE
(302) 678-0700
1679 South Dupont Highway
Dover, DE
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. 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.
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 - Dover Civil Air Terminal
(302) 678-0700
2199 Horsepond Road
Dover, DE
Hours
Mo-Fr 0800-1700
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flight arrivals only.

Enterprise Rent-A-Car
(302) 653-4330
119 N Dupont Blvd
Smyrna, DE

Data Provided by:
Hertz - Delaware Amtrak Station HLE
(302) 428-0637
100 Martin Luther King Boulevard
Wilmington, DE
Hours
Mo-Fr 0730-1900
Sa 0900-1300
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.
Additional Information
After Hours - After hour returns are allowed. Park vehicle in the Hertz lot located at the corner of Front and Walnut streets and is designated by Hertz signs. The drop box is located inside the Amtrak station in front of the Hertz counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(302) 653-4330
119 N Dupont Blvd
Smyrna, DE

Data Provided by:
Hertz - Cheswold Airport
(302) 678-0700
127 Durham Lane
Dover, DE
Hours
Mo-Fr 0800-1800
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After hours - After hour returns are allowed. Leave the keys and the contract with FBO personnel.

Enterprise Rent-A-Car
(302) 674-5553
580 S Bay Rd
Dover, DE

Data Provided by:
Hertz - Ashland Hercules Plaza
(302) 428-0637
1313 North Market Street
Wilmington, DE
Hours
Mo-Fr 0730-1900
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Ashland Chemical Company use only.

Enterprise Rent-A-Car
(302) 292-0524
430 Newark Shopping Ctr
Newark, DE

Data Provided by:
Enterprise Rent-A-Car
(302) 454-2939
2405 Pulaski Hwy
Newark, DE

Data Provided by:
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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