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Understanding Car Lease Residuals Fergus Falls MN

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 - 703 17th Avenue Northwest HLE
(507) 433-1871
703 17th Avenue Northwest
Austin, MN
Hours
Mo-Fr 0730-1700, 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., 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. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located next to the service desk. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 7745 2nd Avenue South HLE
(612) 869-2880
7745 2nd Avenue South
Bloomington, MN
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
After Hours - After hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(651) 631-1581
520 Broadway Dr Ste 2
Lauderdale, MN
 
Enterprise Auto Rental
(612) 824-8088
504 Lyndale Ave S
Minneapolis, MN
 
Enterprise Rent-A-Car
(612) 727-3313
4650 Glumack Dr
St Paul, MN

Data Provided by:
Hertz - Brainerd Airport HLE
(218) 829-1832
16384 Airport Road
Brainerd, MN
Hours
Mo-Fr 1000-1630, Sa-Su 1300-1500
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
After Hours - After hour returns are allowed during airport hours, which vary based on flight times. Please check with Hertz staff or the airline prior to returning. Park vehicle in the Rental Return parking lot. Place keys and Rental Contract in the drop box located at the rental counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 3M Aviation
(651) 457-2788
690 Bayfield Street
St. Paul, MN
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Duluth International Airport
(218) 722-7418
4701 Grinden Drive
Duluth, MN
Hours
Mo-Fr 0730-0030, Sa 0900-1700, Su 0900-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - After hour returns are allowed. Park vehicle in Hertz area, place keys and rental record in drop box located at the Hertz counter.

Hertz - Winona Downtown HLE
(507) 454-2888
275 West 2nd Street
Winona, MN
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
After Hours - After hour returns are allowed. Park car in Hertz area. Place keys and rental record in drop box located on the building.

Enterprise Rent-A-Car
(218) 828-0200
14695 Edgewood Dr
Baxter, MN

Data Provided by:
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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