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Understanding Car Lease Residuals Mankato MN

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
(612) 824-8088
504 Lyndale Ave S
Minneapolis, MN
 
Hertz - Wildwood Lodge HLE
(651) 735-2050
8511 Hudson Boulevard
Lake Elmo, MN
Hours
Mo 0700-1800, Tu-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., 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. Record the return date and time, mileage, and tank level on rental agrement jacket. Park the vehicle in the Hertz designated parking area. Place the keys and contract in the drop box located on the Hotel main counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(651) 772-2995
8230 Hudson Rd # 200
St Paul, MN

Data Provided by:
Enterprise Auto Rental
(651) 225-9766
95 East 7Th Street
Saint, Paul, MN
 
Hertz - Rapid Rental HLE
(218) 741-8608
1504 4th Street South
Virginia, MN
Hours
Mo-Fr 0730-1700, Sa 0730-1600, Su 0900-1300
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 - Brainerd Airport HLE
(218) 829-1832
16384 Airport Road
Brainerd, MN
Hours
Mo-Fr 1000-1630, Sa-Su 1300-1500
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 during airport hours, which vary based on flight times. Please check with Hertz staff or the airline prior to returning. Park vehicle in the Rental Return parking lot. Place keys and Rental Contract in the drop box located at the rental counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Concordia University St. Paul
(507) 360-1522
275 Syndicate St. North
St. Paul, MN
Additional Information
I am an intern coming from Minnesota to Chugiak Alaska. I start June 1, 2011 and end June 22, 2012 so I am looking for a 1 year lease.

Enterprise Rent-A-Car
(612) 727-3313
4650 Glumack Dr
St Paul, MN

Data Provided by:
Hertz - 13766 Airport Drive HLE
(218) 681-4111
13766 Airport Drive
Thief River Falls, MN
Hours
Mo-Fr 0800-1730, 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., 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.

Hertz - Rapid Rental HLE
(218) 263-6435
1403 East 41st Street
Hibbing, MN
Hours
Mo-Fr 0730-1700, Sa 0730-1600, Su 0900-1300
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.

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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