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Understanding Car Lease Residuals Fort Smith AR

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 - Ft. Smith Regional Airport
(479) 484-4448
6700 McKennon Boulevard
Fort Smith, AR
Hours
Mo-Fr 0630-2200
Sa 1000-1700
Su 1200-2200
Special Services
Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed 0530-Midnight. Park car in Hertz area, place keys and rental record in drop box located at the counter. Bus - Approximately 10 miles from bus station.

National Car Rental
(479) 478-0376
6700 Mckennon Blvd
Fort Smith, AR
 
U-Haul Company
(479) 649-9217
4700 Zero St
Fort Smith, AR
 
Avis
(479) 452-5152
6700 Mckennon Blvd
Fort Smith, AR
 
PacLease
(479) 785-9600
901 Fresno St
Fort Smith, AR
 
Hertz - 6709 South 28th Street HLE
(479) 649-0961
6709 South 28th Street
Fort Smith, AR
Hours
Mo-Fr 0730-1730
Sa 0900-1200
Su Closed
Special Services
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
Located approximately 3 miles from the Ft. Smith Municipal Airport. After Hours - After hour returns are allowed. Complete check-in information on the front of rental jacket and place the keys and rental jacket in the drop slot in the front door.

Hertz Corp
(479) 484-4448
6700 Mckennon Blvd
Fort Smith, AR
 
Budget Car & Truck Rental
(479) 648-9103
6700 Mckennon Blvd
Fort Smith, AR
 
Enterprise Rent A Car
(479) 648-1117
1410 S Zero St
Fort Smith, AR
 
Penske Truck Rental
(479) 649-8513
23 N 11th St
Fort Smith, AR
 

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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