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Understanding Car Lease Residuals Grand Junction CO

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 - West Star Avation
(970) 243-0747
796 Heritage Way
Grand Junction, CO
Hours
0730-2130 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles
Additional Information
This location is for Private Flights only.

Dunham Trucking LLC
(970) 256-7763
3362 E 1/4 Rd
Clifton , WY
 
Enterprise Rent A Car
(970) 356-3008
3201 W 10th St
Greeley, CO
 
U-Haul Company
(303) 466-4059
11972 Teller St
Westminster, CO
 
Enterprise Rent-A-Car
(970) 204-0779
3111 S College Ave
Fort Collins, CO

Data Provided by:
Hertz - Grand Junction Regional Airport
(970) 243-0747
2828 Walker Field Drive
Grand Junction, CO
Hours
0730-2130 7 Days
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 , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Bus - Approximately 6 miles from the bus station. After hour - After hour returns are allowed 0530-0730. Place completed Rental Agreement and keys in the drop box provided next to the rental counter.

U-Haul Company
(970) 352-4459
715 25th St
Greeley, CO
 
Denver Skyline Limo
(303) 889-9595
10150 Harvard ave Suite F-249
Denver, CO
Hours
Online 24 Hours

Hertz - Maaco Collision HLE
(719) 592-1672
392 East Garden of the Gods
Colorado Springs, CO
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
After Hours - After hour returns are allowed. Recored the return date and time, mileage, and tank level on rental agreement jacket. Place the keys and rental agreement in the drop box. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Legacy Trucking Inc.
(303) 287-2404
8430 Quebec St.
Commerce City , CO
 
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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