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Understanding Car Lease Residuals El Campo TX

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 - Anderson Lane HLE
(512) 407-9650
911 West Anderson Lane
Austin, TX
Hours
Mo-Fr 0700-1800, 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 hours returns are allowed. Park vehicle in Hertz area, place keys and rental agreement in drop box located next to front door. Bus - Approximately 2 miles from the bus station. Cab fare will be reimbursed up to $5.00 with receipt.

U-Haul Company
(281) 403-9154
2427 Texas Pkwy
Missouri City, TX
 
U-Haul Company
(281) 485-4382
8909 Hughes Ranch Rd
Pearland, TX
 
Hertz - Corpus Christi International Airport
(361) 289-0777
1000 International Drive
Corpus Christi, TX
Hours
Su-Fr 0700-2300, Sa 0700-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets commercial flights if reservation is received during regular business hours. After hours returns are allowed 0500-2400. 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 up to $5.00 with receipt.

Hertz - Fort Worth Amtrak
(817) 332-5205
1001 Jones Street
Fort Worth, TX
Hours
Mo-Fr 0700-1800, Sa-Su 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Royal Executive Transportation
(512) 989-7272
4807 Spicewood Springs Road
Austin, TX
 
Enterprise Auto Rental
(281) 392-9222
2103 Katy Freeway
Katy, TX
 
U-Haul Company
(956) 381-6831
W Fm 1925
Edinburg, TX
 
Enterprise Auto Rental
(281) 591-8482
3420 State Highway 249 Ste F
Houston, TX
 
Enterprise Auto Rental
(214) 428-3300
311 Martin Luther King Jr Blv
Dallas, TX
 

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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