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Understanding Car Lease Residuals Gillette WY

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 - Gillette Campbell County Airport
(307) 686-0550
2000 Airport Road
Gillette, WY
Hours
Mo-Fr 0900-2300, Sa 1200-1400 and 1700-1900, Su 1200-1500 and 1800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Meets all after hour scheduled flights with a 24 hour advanced reservation. After hours returns are allowed 0500-2300 daily. Park the vehicle in the Hertz area, then place the keys and rental agreement in the drop box located at the Hertz counter.

Hertz - Yellowstone Regional Airport
(307) 587-2914
3001 Duggleby Drive
Cody, WY
Hours
0800-1700 and 1900-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After hours - Meets reservations if received at least 24 hours in advance during regular business hours. After hour returns are allowed 0530-2200. Park the vehicle in the Hertz area, then place the keys and rental agreement in the drop box, located at the Hertz counter.

Hertz - Riverton Regional Airport
(307) 856-9685
4800 Airport Road
Riverton, WY
Hours
Mo-Fr 0800-1700, Sa 1030-1400, Su 0800-1700
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 - Meets Great Lakes Airlines flight #5011 arriving at 2226 Sunday-Friday and Great Lakes Airlines flight #5007 at arriving at 1852 on Saturday if the reservation is received during regular business hours. Pick up time must be at least one hour after location opening and one hour prior to location closing.

U-Haul Company
(307) 632-2978
11235 Us Highway 30
Cheyenne, WY
 
Hertz Penske Truck Rental
(307) 635-3672
4305 Mccann Ave
Cheyenne, WY
 
Enterprise Rent-A-Car
(307) 686-5655
603 E 2nd St
Gillette, WY

Data Provided by:
U-Haul Company
(307) 634-6207
1215 Logan Ave
Cheyenne, WY
 
U-Haul Company
(307) 632-2023
2640 E Lincolnway
Cheyenne, WY
 
Ford Rental System
(307) 638-3335
2200 Westland Rd
Cheyenne, WY
 
A1 Car Rental
(800) 447-3673
2200 Westkand Rd
Cheyenne, WY
 
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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