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Understanding Car Lease Residuals Liberal KS

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 - Liberal Municipal Airport
(620) 624-1269
720 Terminal Road
Liberal, KS
Hours
0900-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Will meet all after hour flights as long as reservation is received during normal business hours. After hour returns are allowed. Please call location directly for instructions.

Hertz - McPherson Airport
(785) 827-7237
1000 South Highway 81 Bypass
McPherson, KS
Hours
Mo-Fr 0800-1700
Sa 0800-1200
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 - Signature Flight Support
(316) 946-4860
1835 Midfield Road
Wichita, KS
Hours
0600-2200 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. After hours - After hour returns are allowed. Record date, time, mileage and tank level on the rental agreement. Leave rental record and keys with FBO personnel. This location was previously known as Raytheon Aircraft Services.

Hertz - B Four Flying
(316) 263-2004
22193 Tupper Street
Winfield, KS
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

4-Wheels & A Motor
(913) 397-0400
1919 E Spruce St
Olathe, KS
 
Hertz - Harper Municipal Airport
(316) 946-4860
210 West Main
Harper, KS
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only. No walkins allowed.

Hertz - Lawrence Municipal Airport
(785) 842-6297
2500 Airport Road
Lawrence, KS
Hours
Mo-Fr 0700-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Also known as Headrick Aircraft. This location is for private flights.

Hertz - America Jet
(785) 827-7237
2010 Rogers Court
Salina, KS
Hours
Mo-Fr 0730-1800
Sa-Su 0800-1400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. Formerly known as Moore Midway Aviation.

Hertz - Williams Automotive
(620) 343-0086
3105 West 6th Street
Emporia, KS
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
After Hours - After hour returns are allowed. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located on the front side of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Auto Repair Services
(913) 782-4744
1919 E Spruce St
Olathe, KS
 

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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