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Understanding Car Lease Residuals Enid OK

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 - LaSille Aviation
(580) 354-0789
3401 Southwest 11 Street
Lawton, OK
Hours
Su-Fr 0630-2130, Sa 0700-1930
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Private flights only.

Norman Chrysler Jeep Dodge
(405) 329-5770
551 N Interstate Dr
Norman, OK
 
Budget Rent A Car
(405) 632-6759
7401 S Shields Blvd
Oklahoma City, OK

Data Provided by:
Hertz - Stillwater Flight Center
(405) 385-5000
2020 West Airport Raod
Stillwater, OK
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
Additional Information
After Hours - After hour returns are allowed. This location is for Private Flights only.

Enterprise Auto Rental
(918) 445-4420
07 W. 51St Street
Tulsa, OK
 
Hertz - Atlantic Aviation
(918) 838-1015
7500 East Apache
Tulsa, OK
Hours
Mo-Fr 0630-0030, Sa-Su 0800-0030
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 - Downtown OKC HLE
(405) 290-7772
2 Santa Fe Plaza
Oklahoma City, OK
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., 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.

Hertz - Airpark Trust Authority
(405) 681-2343
6600 South Mustang Field Road
El Reno, OK
Hours
0800-1800 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System

Avis Rent A Car
(405) 844-7957
911 S Broadway
Edmond, OK
 
Enterprise Auto Rental
(918) 835-4884
415 E Apache
Tulsa, OK
 
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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