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Understanding Car Lease Residuals Huntington 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.

Enterprise Rent-A-Car
(260) 358-9322
239 Hauenstein Rd
Huntington, IN

Data Provided by:
Hertz - Ft. Wayne International Airport
(260) 747-6108
3801 West Ferguson Road
Fort Wayne, IN
Hours
Su-Fr 0800-2400
Sa 0800-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After hours - After hour returns are allowed. Park car in Hertz area. Place keys and rental record in drop box.

Hertz - Atlantic Aviation
(260) 747-6108
4021 Air Street
Fort Wayne, IN
Hours
Mo-Fr 0600-2400
Sa 0700-2200
Su 0700-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park vehicle in the Hertz area, place keys and rental record in the drop box.

Enterprise Rent-A-Car
(260) 358-9322
239 Hauenstein Rd
Huntington, IN

Data Provided by:
ACE Rent A Car
(812) 336-1501
2200 North Walnut
Bloomington, IN
 
Enterprise Auto Rental
(260) 432-0880
015 Lawrence Drive
Fort, Wayne, IN
 
Enterprise Auto Rental
(260) 478-8715
833 W Ferguson Rd
Fort, Wayne, IN
 
Hertz - Color Craft Auto Body HLE
(219) 759-1580
677 West State Road 130
Hobart, IN
Hours
Mo-Fr 0900-1800
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.

Hertz - Cook Aviation
(317) 243-9321
970 South Kirby Road
Bloomington, IN
Hours
0700-2100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - 812 Sagamore Parkway North HLE
(765) 447-4038
812 Sagamore Parkway North
Lafayette, IN
Hours
Mo-Fr 0800-1800
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 vehicle in Hertz area, record date, time, mileage, and tank level on rental agreement jacket. Leave keys and contract in drop box located on garage door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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