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Understanding Car Lease Residuals Indianola IA

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 - Des Moines International Airport
(515) 285-9650
5800 Fleur Drive
Des Moines, IA
Hours
Su-Th 0700-2400
Fr -Sa 0700-2300
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 the drop box located at the counter.

Hertz - Elliott Aviation
(515) 285-9650
2800 McKinley Avenue
Des Moines, IA
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Call letters or tail number of aircraft required on reservation. Radio frequency ARINC 130.57, UNICOM 122.95. This location is for private flights only.

Hertz - Meredith Hangar
(515) 285-9650
2602 McKinley Avenue
Des Moines, IA
Hours
Su-Fr 0700-1900
Sa 0700-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for private flights. After Hours - After hour returns are allowed. Please leave the keys and rental record with the security guard.

Hertz - Mid-America Jet Center
(515) 285-9650
2606 McKinley Avenue
Des Moines, IA
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This locatiion is for Private Flights only. No walkins allowed. Call letters or tail number of aircraft is required on reservation.

Hertz - Meredith Corporation
(515) 276-1177
1716 Locust Street
Des Moines, IA
Hours
Mo-Fr 0730-1730
Sa 0800-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is Meredith Corporation use only. After Hours - After hour returns are allowed. Leave the keys and the contract with the security guard.

Hertz - Signature Flight Support
(515) 256-5330
5400 Fleur Drive
Des Moines, IA
Hours
0700-2200 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. No walkins allowed.

Enterprise Auto Rental
(515) 256-5665
800 Fleur Dr
Des, Moines, IA
 
Enterprise Auto Rental
(515) 285-2525
601 Fleur Drive
Des, Moines, IA
 
Enterprise Auto Rental
(515) 282-8000
24 W. 14Th Street
Des, Moines, IA
 
Enterprise Rent A Car
(319) 358-7000
9 Highway 1 W
Iowa City, IA
 

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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