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Understanding Car Lease Residuals Muncie IN

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 - Signature Flight Support
(317) 248-4932
6390 Turner Drive
Indianapolis, IN
Hours
0700-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
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.

Budget Rent A Car
(812) 238-9963
2629 S 3rd St
Terre Haute, IN

Data Provided by:
Discount Car Rental
(877) 866-4113
7800 Col H Weir Cook Memorial Dr
Indianapolis, IN
Hours
Monday-Sunday 9:00am-9:00pm

Enterprise Auto Rental
(812) 421-9078
801 Bussing Dr
Evansville, IN
 
Hertz - 8820 Indianapolis Boulevard HLE
(219) 923-7174
8820 Indianapolis Boulevard
Highland, IN
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., 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 - Eagle Creek Airport
(317) 243-9321
4101 Dandy Trail
Indianapolis, IN
Hours
0500-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(317) 247-7555
801 Col H Weir Cook Memorial
Indianapolis, IN
 
Hertz - Tri-State Aero
(812) 425-7141
6101 Flightline Drive
Evansville, IN
Hours
Mo-Sa 0700-2230
Su 0800-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz Corp
(219) 937-9125
4141 Calumet Ave
Hammond, IN
 
Enterprise Rent-A-Car
(219) 933-8181
5716 Indianapolis Blvd
Hammond, IN

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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