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Understanding Car Lease Residuals Joplin 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 - Mizzou Aviation
(417) 623-6242
5501 North Dennis Weaver Drive
Joplin, MO
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Rent-A-Car
(816) 348-7805
305 E North Ave
Belton, MO

Data Provided by:
Hertz Local Edition
(816) 420-0123
7321 N Oak Traffic Way
Gladstone, MO
 
Hertz - Springfield Branson Airport
(417) 865-1681
2300 North Airpot Blvd
Springfield, MO
Hours
Mo-Fr 0600-2400, Sa-Su 0700-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Meets commercial flights if reservation is received during regular business hours. Flight number required on reservation. After hour returns are allowed. Return the vehicle to the Rental Return lot, park vehicle in a Hertz space and deposit keys and packet in the return box located on the Hertz counter. Approximately 44 miles from Silver Dollar city. Approximately 60 miles from the Branson Airport.

Enterprise Auto Rental
(816) 931-1208
543 Main
Kansas, City, MO
 
Hertz - Joplin Airport
(417) 623-6242
7331 North Highway 43
Joplin, MO
Hours
Su-Fr 0700-2200, Sa 0700-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets commercial flights if reservation is received during regular business hours except for the evening flight on Saturday which must be received prior to 1700. Flight number is required on the reservation. After hour returns are allowed Monday through Saturday 0500-0700, Saturday 1700-2400 and Sunday 0500-0900. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter.

U-Haul Company
(816) 524-0997
24610 E 50 Hwy
Lees Summit, MO
 
Budget Rent A Car
(314) 332-1463
7638 Forsyth Blvd
St Louis, MO

Data Provided by:
Hertz - A and B Carstar Wornall HLE
(816) 333-6537
8200 Wornall Road
Kansas City, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz Corp
(816) 671-0266
2608 N Belt Hwy
Saint Joseph, MO
 
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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