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Understanding Car Lease Residuals Mcpherson 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 - 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.

Paola Glass Co
(913) 294-3121
1012 N Pearl St
Paola, KS
 
Enterprise Auto Rental
(316) 942-6623
041 West Kellogg
Wichita, KS
 
Enterprise Auto Rental
(785) 267-0550
13 S.W. Croix
Topeka, KS
 
Hertz - Downtown Wichita HLE
(316) 263-2004
535 West Douglas Avenue
Wichita, KS
Hours
Mo-Fr 0700-1830
Sa 0800-1200
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. Park vehicle in lot located at the rear of the building. Drop box is located in front of the facility. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(785) 233-0200
00 Sw Van Buren St
Topeka, KS
 
Hertz - Hawker Beechcraft
(316) 946-4860
1590 South Airport Road
Wichita, KS
Hours
Mo-Fr 0700-1800
Sa-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 - 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 - Jabarra Airport
(316) 689-3773
3512 North Webb Road
Wichita, KS
Hours
Mo-Fr 0600-2200
Sa 0800-1400
Su 1300-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
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.

U-Haul Company
(913) 397-7784
1285 W Dennis Ave
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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