Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Jennings LA

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 Auto Rental
(504) 457-0180
734 Veterans Blvd.
Metairie, LA
 
Enterprise Auto Rental
(337) 993-8444
879-B Johnston St
Lafayette, LA
 
Hertz - Westbank HLE
(504) 227-0332
1950 Manhattan Boulevard
Harvey, LA
Hours
Mo-Fr 0730-1800, 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. In-Car Navigation System , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(504) 593-9068
019 Baronne Street
New, Orleans, LA
 
Enterprise Auto Rental
(225) 929-7560
121 Florida Blvd.
Baton, Rouge, LA
 
Hertz - Aero Services
(225) 355-9052
4141 Chuck Yeagar
Baton Rouge, LA
Hours
Mo,We,Fr 0700-1800
Tu,Th,Sa-Su 0800-1800
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Royal Air
(318) 752-4848
1530 Airport Drive
Shreveport, LA
Hours
Mo-Fr 0730-1730, Sa 0830-1230, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Lake Charles Regional Airport
(337) 477-0616
500 Airport Blvd.
Lake Charles, LA
Hours
Mo-Fr 0800-2200, Sa 0900-1700, Su 0900-2200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Belle Chasse Reserve Base Naval Air Station
(504) 227-0332
400 Russell Avenue
New Orleans, LA
Hours
Mo-Fr 0730-1800, 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.
Additional Information
Located on a Military installation. Military ID is required in order to access the base and rent at this location.

Enterprise Rent-A-Car
(225) 744-0097
37460 Ultima Plaza Blvd
Prairieville, LA

Data Provided by:
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...

Click here to read the rest of this article from Lease Guide