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Understanding Car Lease Residuals Mason City IA

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 - Mason City Airport HLE
(641) 423-6536
9184 265th Street
Mason City, IA
Hours
Mo-Fr 0800-1700
Sa Closed
Su 1300-1600
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., 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 in Clearlake, Iowa at Highway 18 West. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(515) 252-8800
999 Hickman Rd
Des, Moines, IA
 
Hertz - Elliott Aviation
(515) 285-9650
2800 McKinley Avenue
Des Moines, IA
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Call letters or tail number of aircraft required on reservation. Radio frequency ARINC 130.57, UNICOM 122.95. This location is for private flights only.

Enterprise Rent-A-Car
(515) 252-8800
2551 100th St
Des Moines, IA

Data Provided by:
Enterprise Auto Rental
(515) 282-8000
24 W. 14Th Street
Des, Moines, IA
 
Enterprise Rent-A-Car
(641) 423-8300
2740 4th St Sw
Mason City, IA

Data Provided by:
U-Haul Company
(319) 338-2021
2601 2nd St
Iowa City, IA
 
Hertz - Landmark Aviation
(319) 365-9408
9505 18th Street S W
Cedar Rapids, IA
Hours
Su-Fr 0800-2100
Sa 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flight arrivals only.

Hertz - Bob Brown Chevrolet
(515) 270-3828
4224 Merle Hay Road
Des Moines, IA
Hours
Mo-Fr 0700-1730
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
This location is for Insurance Replacement Rentals only. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(515) 256-5665
800 Fleur Dr
Des, Moines, IA
 
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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