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Understanding Car Lease Residuals Forest City NC

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.

Enterprise Auto Rental
(336) 662-0188
319 Bryan Blvd
Greensboro, NC
 
Hertz - Odyssey Aviation
(828) 684-6832
40 Lindbergh Drive
Fletcher, NC
Hours
0630-2330 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Previously known as Million Air. This location is for Private Flights only. After Hours - After hour returns are allowed. Leave keys and contract with FBO personnel.

Hertz - North Tryon HLE
(704) 509-1732
6116 North Tryon Street
Charlotte, NC
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. Record the turn date and time, mileage and tank level on Rental Agreement jacket. Park the vehicle in a Hertz designated stall. Leave the keys and rental agreement in the drop box located to the right of the door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(919) 790-1900
105 Capital Blvd
Raleigh, NC
 
Budget Rent A Car
(919) 217-5633
2201 Wide Waters Pkwy Ste L
Knightdale, NC

Data Provided by:
Carolina Rent A Car
(704) 596-6008
6408 N Tryon St
Charlotte, NC
 
Hertz - Market Street HLE
(910) 395-4481
5935 Market Street
Wilmington, NC
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. In-Car Navigation System , 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 - 5122 Neal Road HLE
(919) 416-4969
5122 Neal Road
Durham, NC
Hours
Mo-Fr 0730-1730, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(336) 985-3147
614 S Main St
King, NC

Data Provided by:
Hertz - Landmark Aviation
(919) 840-4875
1775 East International Drive
Raleigh, NC
Hours
0630-0030 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Record date, time, mileage and fuel level on contract. Leave keys and contract with Piedmond Hawthorne personnel.

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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