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Understanding Car Lease Residuals Manhattan 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 - Kansas Air Center
(785) 539-0261
5490 Fort Riley Blvd
Manhattan, KS
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Reservations for the same day Monday through Friday must be received 0800-1900, for Saturday must be received 0900-1600, for Sunday must be received by 1100-1600.

Avis Rent A Car
(913) 764-1100
1804 E Santa Fe St
Olathe, KS
 
Hertz - Strong Body Shop
(913) 727-1297
113 South 8th Street
Atchison, KS
Hours
Mo-Fr 0700-1800
Sa 0800-1300
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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(316) 681-1000
6300 E 37th St N
Bel Aire, KS

Data Provided by:
Hertz - Executive Beachcraft
(913) 390-6114
280 Gardner Drive
New Century, KS
Hours
Mo-Fr 0700-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located at the New Century Aircenter Airport, approximately 10 miles southwest of Olathe. This location is for Private Flights only. After Hours - After hour returns are allowed.

Hertz - Manhattan Airport HLE
(785) 539-0261
5500 Fort Riley Blvd
Manhattan, KS
Hours
Mo-Fr 0700-2100
Sa 0900-1300
Su 1200-1600
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
After Hours - After hour returns are allowed. The drop box is located between the car rental return area and the side entrance of the building.

Hertz - 4501 South 4th Street HLE
(913) 727-1267
4501 South 4th Street
Leavenworth, KS
Hours
Mo-Fr 0700-1800
Sa 0800-1300
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., 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(316) 682-1200
401 E Kellogg Dr
Wichita, KS
 
Louisburg Ford Sales Inc
(913) 837-5333
111 Fairlane Dr
Louisburg, KS
 
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.

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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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