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Understanding Car Lease Residuals Lebanon OR

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
(503) 760-9344
7020 S.E. Division Street
Portland, OR
 
Hertz - Hertz Car Sales
(503) 581-4466
2790 25th Street Southeast
Salem, OR
Hours
Mo-Fr 0900-1700, 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
After Hours - After hour returns are allowed. Park vehicle in the Hertz area. Place keys and rental record in the drop box located on the side door of the service station. Bus - Approximately 6 blocks from the bus station. Pickup service is available or cab fare will be reimbursed with reciept. Please call upon arrival. Railroad - Approximately 1 mile from the railroad station. Pickup service is available or cab fare will be reimbursed with receipt. Please call upon arrival.

Hertz - Cedar Hills
(503) 643-3089
3725 Southwest Cedar Hills Blvd
Beaverton, OR
Hours
Mo-Fr 0730-1730, 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 only.

Hertz - Mercedes Downtown HLE
(503) 223-1234
1605 Southwest Naito Parkway
Portland, OR
Hours
Mo-Fr 0730-1800, 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. 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.

Hertz - Jet Center South
(541) 773-4293
3650 Biddle Road
Medford, OR
Hours
Mo-Fr 0700-2400, Sa 0730-2400, Su 0800-2400
Special Services
Child Seats
Additional Information
This location is for Private Flights only.

Hertz - 2025 Northeast Highway 20 HLE
(541) 388-1535
2025 Northeast Highway 20
Bend, OR
Hours
Mo-Fr 0830-1730, 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
Located approximately 15 miles from the Redmond, OR Airport. On the northeast side of town, at the foot of Pilot Butte, inside the Hertz Sales office. After Hours - After hour returns are allowed. Park vehicle behind Hertz building. Place keys and rental record in the drop slot located on the front of the building. Bus - Approximately 4 Miles from the bus station. Pickup service is available, please call upon arrival.

Enterprise Auto Rental
(503) 977-7700
360 S.W. Barbur Blvd.
Portland, OR
 
Hertz - Hillsboro Aviation
(503) 846-1330
3565 Northeast Cornell Road
Hillsboro, OR
Hours
Mo-Fr 0630-1830, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Mr. Formal Tuxedo Sales & Rentals
(503) 238-7216
1205 S.E. Grand Avenue
Portland, OR
 
Hertz - Hillsboro Airport
(503) 846-1330
3355 N E Cornell Road
Hillsboro, OR
Hours
Mo-Fr 0630-1830, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , 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.

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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