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Understanding Car Lease Residuals Independence MO

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 - 3801 South Noland Road HLE
(816) 252-1379
3801 South Noland Road
Independence, MO
Hours
Mo-Fr 0700-1800, Sa 0800-1200, 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - KC Auto Carstar
(816) 252-1379
3210 West 40 Highway
Blue Springs, MO
Hours
Mo-Fr 0800-1700, 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., 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 for Insurance Replacement rentals. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 401 Virginia Avenue HLE
(417) 623-6242
401 Virginia Avenue
Joplin, MO
Hours
Mo-Fr 0700-1700, Sa 0700-1200, 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.

Enterprise Auto Rental
(816) 842-4700
00 Grand Avenue
Kansas, City, MO
 
Hertz - Executive Beechcraft DT
(816) 474-4970
10 Richards Road
Kansas City, MO
Hours
Mo-Fr 0700-1800, Sa 0800-1200, 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
Additional Information
Located at the Charles B. Wheeler Downtown Airport. This location is for Private Flights only.

Hertz - Carstar of Raytown
(816) 347-0997
8906 East 69th Street
Raytown, MO
Hours
Mo-Fr 0800-1700, 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., 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 for Insurance Replacement rentals. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(816) 452-2020
412 Burlington St
Kansas, City, MO
 
Hertz - Hertz Amtrak
(816) 474-4970
2200 Main Street
Kansas City, MO
Hours
Mo-Fr 0700-1800, Sa 0800-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Amtrak customers only.

Hertz - Westin Crown Center HLE
(816) 474-4970
1 East Pershing Road
Kansas City, MO
Hours
Mo-Fr 0700-1800, Sa 0800-1200, 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Hangar 10
(816) 474-4970
1001 Northwest Lou Holland Drive
Kansas City, MO
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. After Hours - After hour returns are allowed. Record the return date and time, mileage, and tank level on rental agreement. Leave keys and rental agreement with FBO personnel.

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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