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Understanding Car Lease Residuals Mount Juliet TN

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 Rent-A-Car
(615) 758-7567
10945 Lebanon Rd
Mt Juliet, TN

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Hertz - Atlantic Aviation
(615) 361-3131
635 Hanger Lane
Nashville, TN
Hours
24 hours, 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. No walkins allowed.

Enterprise Auto Rental
(615) 868-0075
15 N Gallatin Rd
Madison, TN
 
Hertz - Nashville Metro Airport
(615) 361-3131
1 Terminal Drive
Nashville, TN
Hours
0600-2400 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
After Hours - Meets scheduled flights if reservation is received during regular business hours. After hours returns are allowed. Park vehicle in the Hertz area, place the keys and rental agreement in the drop box located at the Hertz counter. Bus - approximately 10 miles from the bus station. Please call upon arrival for pickup service.

Hertz - 1002A West Main Street HLE
(615) 449-7148
1002 West Main Street
Lebanon, TN
Hours
Mo-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. In-Car Navigation System , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Signature Flight Support
(615) 361-3000
801 Hanger Lane
Nashville, TN
Hours
0600-2400 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. All reservations require private flight arrival, even for customers arriving by private plane on a previous day.

Enterprise Auto Rental
(615) 275-0011
Terminal Dr
Nashville, TN
 
Enterprise Auto Rental
(615) 650-6901
206 Gallatin Pike
Nashville, TN
 
Hertz - Opryland Hotel HLE
(615) 391-0162
2800 Opryland Drive
Nashville, TN
Hours
0800-1700 7 Days
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. In-Car Navigation System , 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 car in Hertz designated space. Place keys and rental record in drop box located on the Hertz counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(615) 650-6901
3206 Gallatin Pike
Nashville, TN

Data Provided by:
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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