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Understanding Car Lease Residuals Dyersburg TN

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.

Enterprise Rent-A-Car
(865) 984-8448
3262 Alcoa Hwy
Alcoa, TN

Data Provided by:
Hertz - Atlantic Aviation
(615) 361-3131
635 Hanger Lane
Nashville, TN
Hours
24 hours, 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

Hertz - Covington Pike HLE
(901) 388-2338
1919 Covington Pike
Memphis, TN
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
Bus - Approximately 23 miles from the bus station. Cab fare will be reimbursed up to $25.00 with receipt. Railroad - Approximately 14 miles from the railroad station. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Opryland Hotel HLE
(615) 391-0162
2800 Opryland Drive
Nashville, TN
Hours
0800-1700 7 Days
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 car in Hertz designated space. Place keys and rental record in drop box located on the Hertz counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Lovell Field Airport
(423) 855-8131
1101 Airport Road
Chattanooga, TN
Hours
Mo-Fr 0700-2330, Sa 0800-2200, Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter. Bus - Approximately 12 miles from the bus station. Cab fare will be reimbursed with receipt. Please call upon arrival.

Enterprise Auto Rental
(423) 473-0181
901 Keith St Nw
Cleveland, TN
 
Hertz - 2478 Highway 75
(423) 323-3701
2478 Highway 75
Kingsport, TN
Hours
Mo-Fr 0900-1730, 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
This location is for Insurance Replacement rentals only. After Hours - After hour returns are allowed.

Enterprise Rent-A-Car
(615) 661-6181
125 Franklin Rd
Brentwood, TN

Data Provided by:
Hertz - Sumner County Regional Airport
(615) 361-3131
1475 Airport Road
Gallatin, TN
Hours
0600-2300 7 Days
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.

Hertz - Seaport Airlines
(901) 345-5680
2540 Winchester Road
Memphis, TN
Hours
0600-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

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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