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Understanding Car Lease Residuals Gautier MS

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 Rent-A-Car
(662) 842-2237
551 Daybrite Dr
Tupelo, MS

Data Provided by:
Hertz - Meridian Aviation
(601) 485-4774
Highway 11 South
Meridian, MS
Hours
Mo-Fr 0800-2100, Sa 1000-1600, Su 1300-2100
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Budget Rent A Car
(601) 500-7374
5341 Highway 25
Flowood, MS

Data Provided by:
Hertz - 2657 Lakeland Drive HLE
(601) 932-9056
2657 Lakeland Drive
Flowood, MS
Hours
Mo-Fr 0700-1800, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Greenville Airport
(662) 332-4021
166 Fifth Avenue
Greenville, MS
Hours
Mo-Fr 0800-2030, Sa 0900-1500, Su 1400-2030
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
Additional Information
After Hours - Meets late flights on Saturdays.

Hertz - Hilton Hotel Jackson
(601) 932-9056
1001 East County Line Road
Jackson, MS
Hours
Mo-Fr 0700-1800, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Hotel Guests only. Railroad - approximately 6 miles from the railroad station.

Hertz - Laurel Airport
(601) 544-4914
707 Warehouse Drive
Laurel, MS
Hours
Mo-Fr 0900-1700, Sa-Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Hertz - Advance Collision Agency HLE
(662) 429-8992
1473 Highway 51 South
Hernando, MS
Hours
Mo-Fr 1000-1600, 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. Place the keys and rental agreement in the drop box located by the front door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Hattiesburg Municipal Airport
(601) 544-4914
29 Academy Drive
Hattiesburg, MS
Hours
Mo-Fr 0900-1700, Sa-Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Also known as Bobby Chain Airport. This location is for Private Flights only.

Hertz - Southaven ABA HLE
(662) 349-1977
7260 Airways Boulevard
Southaven, MS
Hours
Mo-Fr 0900-1700, 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
This location is temporarily closed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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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