Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Greenfield IN

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 - Mt Comfort Airport
(317) 353-2173
3867 Aviation Way
Greenfield, IN
Hours
Mo-Fr 0700-1800
Sa 0700-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(317) 359-3235
111 North Shadeland Avenue
Indianapolis, IN
 
Enterprise Auto Rental
(317) 549-9822
801 Pendleton Pike
Indianapolis, IN
 
U-Haul Company
(317) 585-6936
12650 Ford Dr
Fishers, IN
 
Enterprise Rent A Car
(317) 841-1826
9031 Technology Dr
Fishers, IN
 
Enterprise Auto Rental
(317) 352-0991
602 E Washington Street
Indianapolis, IN
 
Hertz - Shadeland Avenue HLE
(317) 353-2173
1321 North Shadeland Avenue
Indianapolis, IN
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., 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(317) 913-6768
510 E 88Th Pl
Indianapolis, IN
 
Avis Rent A Car
(317) 842-7008
9243 E 141st St
Fishers, IN
 
Rent A Car
(317) 845-1868
11650 Lantern Rd
Fishers, IN
 

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...

Click here to read the rest of this article from Lease Guide