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Understanding Car Lease Residuals Greenwood 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.

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.

Hertz - Meridian Regional Airport HLE
(601) 485-4774
2811 US 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 , 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 - Will meet all after hour flights with 24 hours advance notice. After hour returns are allowed. Park car in Hertz area. Place keys and rental record in the drop box located at the Hertz counter. If the airport terminal is closed, leave the keys and rental record in the glove compartment and lock all doors except one passenger door.

Hertz - Laurel Hattiesburg Airport
(601) 544-4914
1007 Terminal Drive
Hattiesburg, MS
Hours
Mo-Fr 0900-1700, Sa-Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets DL flight 3288 arriving at 2040 7 Days, if reservation is received during regular hours business hours. After hour returns are allowed. Park the vehicle in the Hertz area, then place keys and rental agreement in the drop box, located at the Hertz counter. If the terminal is closed give the keys and rental record to the security personnel.

Hertz - Tupelo Aero
(662) 680-9482
121 Lemmons Drive
Tupelo, MS
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Rent-A-Car
(601) 442-4600
321 Devereaux Dr
Natchez, MS

Data Provided by:
Hertz - Tupelo Airport HLE
(662) 680-9482
2763 West Jackson Street
Tupelo, MS
Hours
Mo-Fr 0800-1800, Sa 1100-1600, Su 1000-1800
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 - Will meet Delta Flight 975 at 2103 Sunday-Friday only as long as reservation is received during normal business hours. After hours returns are allowed. Place keys and rental record in the drop box located outside the side entrance doors of the airport.

Enterprise Rent-A-Car
(228) 865-0234
14035 Airport Rd
Gulfport, MS

Data Provided by:
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 - Jackson-Evers International Airport
(601) 939-5312
100 International Drive
Jackson, MS
Hours
Mo-Fr 0630-2300, Sa-Su 0700-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets flights if reservation is received at least 24 hours in advance Monday through Friday and Sunday. This location was formerly known as 'Allen Thompson Field Airport'.

Hertz - Ratliff Air Service
(662) 327-5121
1900 Airport Road
Columbus, MS
Hours
Mo-Fr 0930-2000, Sa 1030-1700, Su 0800-2000
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for private flights only. No walkins permitted.

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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