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Understanding Car Lease Residuals Elkhorn WI

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 - Elkhorn Collision
(262) 723-7554
245 East OConnor Drive
Elkhorn, WI
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
This location is for insurance replacement rentals only. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Overland Aviation
(414) 747-5200
2085 Highway L
East Troy, WI
Hours
0800-1800 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 - Jim Olson Collision HLE
(815) 943-1685
5311 US 14
Harvard, IL
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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Gran Aire Timmerman Field
(414) 365-1291
9305 West Appleton Avenue
Milwaukee, WI
Hours
Mo-Fr 0800-1800, Sa 0800-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Racine Airport
(262) 884-0888
3239 North Green Bay Road
Racine, WI
Hours
Mo-Fr 0700-1730, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Geneva Auto Body HLE
(262) 248-6880
1152 Elkhorn Road
Lake Geneva, WI
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 hours returns are allowed. The drop box is located left of the front door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(815) 943-1105
1520 N Division St
Harvard, IL

Data Provided by:
Hertz - Burrows Aviation
(920) 467-1287
N6187 Resource Drive
Sheboygan, WI
Hours
Mo-Fr 0700-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for private flights.

Hertz - 2020 East Moreland Boulevard HLE
(262) 896-1051
2020 East Moreland Boulevard
Waukesha, WI
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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Oshkosh Airport HLE
(920) 237-1317
525 West 20th Avenue
Oshkosh, WI
Hours
Mo-Fr 0700-1730, Sa 0900-1200, Su 1300-1600
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
Additional Information
After Hours - After hour returns are allowed. The Express Return box is located on the outside wall of the entrance to the airport near the Hertz sign. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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