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Understanding Car Lease Residuals Hays KS

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 - Hays Regional Airport
(785) 623-4116
3950 East 8th Street
Hays, KS
Hours
Mo-Fr 0730-1730
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in a Hertz designated stall. Record the return date and time, mileage, and tank level on the rental agreement. Leave the keys and rental agreement in the drop box located outside next to parking area.

Enterprise Auto Rental
(316) 682-2323
32 N Webb Rd Ste 200
Wichita, KS
 
Avis Rent A Car
(913) 764-1100
1804 E Santa Fe St
Olathe, KS
 
Hertz - Sherman AAF Airport FBO
(913) 682-3773
950 Chief Joseph Loop
Leavenworth, KS
Hours
Mo-Fr 0800-1600
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flight arrivals only.

Hertz - Million Air
(785) 267-4468
Forbes Field
Topeka, KS
Hours
0600-2200 7 Days
Special Services
Hand Controls for Disabled Drivers Only

Hertz - 1204 Vine Street HLE
(785) 623-4116
1204 Vine Street
Hays, KS
Hours
Mo-Fr 0700-1800
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., 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. Park in front of the building. The drop box is located in front of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Yingling Aircraft Inc.
(316) 946-4860
2010 Airport Road
Wichita, KS
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flight arrivals only. After hours - After hour returns are allowed. Record date, time, mileage and tank level on the rental agreement. Leave rental record and keys with FBO personnel.

Hertz - Mid Continent Airport
(316) 946-4860
1835 Midfield Road
Wichita, KS
Hours
Mo-Fr 0600-0030
Sa 0800-2000
Su 0800-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets scheduled and delayed flights Su-Fr only, if airline and flight number on reservation. After hour returns are allowed. Park vehicle in Hertz area. Place keys and rental record in the drop box located at the counter. Bus - Approximately 7 miles from the bus station. Cab fare will be reimbursed up to $20.00 with receipt. No service offered upon return.

Enterprise Rent-A-Car
(316) 682-2323
832 N Webb Suite 200
Wichita, KS

Data Provided by:
Hertz - Salina Airport HLE
(785) 827-7237
3230 Arnold Drive
Salina, KS
Hours
Mo-Fr 0730-1800
Sa 0800-1300
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.
Additional Information
After Hours - After hour flights will be met if reservation is received at least 10 hours in advance, based on the location's hours of operation. After hour returns are allowed. Park vehicle in Hertz area. Place keys and rental record in drop box located at the end of the counter or on the door if the airport is closed.

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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