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Understanding Car Lease Residuals Hutchinson 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 - Wells Aircraft
(316) 263-2004
800 Airport Road
Hutchinson, KS
Hours
Mo-Fr 0800-1800
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Rent A Car
(816) 243-5757
1610 E Santa Fe
Olathe, KS
 
Enterprise Auto Rental
(785) 233-0200
33 Sw Topeka Blvd
Topeka, KS
 
Hertz - America Jet
(785) 827-7237
2010 Rogers Court
Salina, KS
Hours
Mo-Fr 0730-1800
Sa-Su 0800-1400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. Formerly known as Moore Midway Aviation.

Hertz - Signature Flight Support
(316) 946-4860
1835 Midfield 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 Flights 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. This location was previously known as Raytheon Aircraft Services.

Hertz - Wellington Aviation
(316) 263-2004
411 North West Road
Wellington, KS
Hours
0800-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Louisburg Ford Sales Inc
(913) 837-5333
111 Fairlane Dr
Louisburg, KS
 
Hertz - Newton Downtown HLE
(316) 283-0789
130 East 4th
Newton, KS
Hours
Mo-Fr 0800-1800
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
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.

Paola Glass Co
(913) 294-3121
1012 N Pearl St
Paola, KS
 
Enterprise Auto Rental
(316) 942-6623
041 West Kellogg
Wichita, KS
 

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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