Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Fallon NV

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 - Fallon NAS
(775) 423-5998
4755 Pasture Road
Fallon, NV
Hours
Mo-Fr 0800-1700, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , 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 military employees only. Military ID is required. After Hours - After hour returns are allowed.

Enterprise Auto Rental
(702) 734-3977
080 Paradise
Las, Vegas, NV
 
Cashman Equipment Co
(775) 358-5111
600 Glendale Ave
Sparks, NV
 
U-Haul Company
(775) 355-5704
465 S Rock Blvd
Sparks, NV
 
Enterprise Rent-A-Car
(702) 431-6016
3500 Executive Terminal # 100
Henderson, NV

Data Provided by:
Enterprise Rent A Car
(775) 331-6888
1450 E Prater Way Ste 113
Sparks, NV
 
Hertz - Atlantic Aviation
(775) 785-2558
655 South Rock Boulevard
Reno, NV
Hours
0700-2000 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Previously known as Mercury Air Center.

Hertz - Hyatt Lake Tahoe
(530) 550-9191
111 Country Club Drive
Incline Village, NV
Hours
0930-1500 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
Additional Information
This location is for Hotel Guests only. After Hours - After hour returns are allowed.

Penske Truck Rental
(775) 359-6226
1405 Glendale Ave
Sparks, NV
 
Hertz - JW Marriott HLE
(702) 869-7915
221 North Rampart Boulevard
Las Vegas, NV
Hours
Mo-Fr 0800-1700,Sa-Su 0900-1200.
Special Services
Child Seats, Gold Canopy , 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
Located approximately 30 minutes northwest of the Strip.

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...

Click here to read the rest of this article from Lease Guide