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Understanding Car Lease Residuals Florence KY

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.

Avis Budget Group
(859) 746-1859
P.O. Box 75109
Cincinnati, OH

Data Provided by:
Uhr Rents
(513) 528-6929
4513 Mount Carmel Tobasco Road
Cincinnati, OH

Data Provided by:
Enterprise Rent-A-Car
(859) 283-3040
5977 Merchants St
Florence, KY

Data Provided by:
Hertz - 4204 Dixie Highway HLE
(859) 342-0141
4204 Dixie Highway
Erlanger, KY
Hours
Mo-Fr 0730-1800
Sa 0900-1300
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.

Hertz - Cincinnati International Airport
(859) 767-3535
3286 Loomis Road
Cincinnati, OH
Hours
Su-Fr 0430-0100, Sa 0500-2400
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Covered Return Center
Additional Information
This location is actually in Hebron, Kentucky.

E Z Rent-All Co.
(513) 943-8000
3950 Nine Mile Road
Cincinnati, OH

Data Provided by:
SWAPALEASE Inc.
(513) 381-0100
9090 Colerain Avenue
Cincinnati, OH

Data Provided by:
Enterprise Rent-A-Car
(859) 331-5100
3288 Madison Pike
Covington, KY

Data Provided by:
Hertz - Delta AirElite Jet Center
(859) 767-3535
2042 Tower Drive
Hebron, KY
Hours
24 Hours
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 Flight arrivals only.

Enterprise Auto Rental
(513) 922-2222
520 Glenway Ave
Cincinnati, OH
 
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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