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Understanding Car Lease Residuals Hammond LA

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 - Hammond Airport
(985) 809-6619
405 Industrial Park
Hammond, LA
Hours
Mo- Fr 0800-1700, Sa-Su closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(225) 644-2205
3297 Airline Hwy
Gonzales, LA
 
Budget Rent A Car
(337) 397-4331
11780 Lake Charles Hwy
Leesville, LA

Data Provided by:
Enterprise Auto Rental
(225) 355-5157
430 Jackie Cochran Dr.
Baton, Rouge, LA
 
Hertz - 2212 Memorial Drive HLE
(318) 561-0032
2212 Memorial Drive
Alexandria, LA
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.

Hertz - 2119 Airline Drive HLE
(318) 752-4848
2119 Airline Drive
Bossier City, LA
Hours
Mo-Fr 0730-1800, 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 - Barksdale Air Force Base BX
(318) 752-4848
455 Curtis Road
Barksdale AFB, LA
Hours
Mo-Fr 0900-1800
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Odyssey Aviation
(337) 233-7010
123 Grissom Drive
Lafayette, LA
Hours
Mo-Fr 0700-2200, Sa-Su 0800-2200
Special Services
Child Seats
Additional Information
This location is for Private Flights only. Formerly known as Lafayette Aero.

Enterprise Rent-A-Car
(225) 744-0097
37460 Ultima Plaza Blvd
Prairieville, LA

Data Provided by:
Hertz - Lake Charles Regional Airport
(337) 477-0616
500 Airport Blvd.
Lake Charles, LA
Hours
Mo-Fr 0800-2200, Sa 0900-1700, Su 0900-2200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

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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