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Understanding Car Lease Residuals Noblesville 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.

Enterprise Rent-A-Car
(317) 773-9322
16625 Mercantile Blvd
Noblesville, IN

Data Provided by:
U-Haul Company
(317) 585-6936
12650 Ford Dr
Fishers, IN
 
Avis Rent A Car
(317) 842-7008
9243 E 141st St
Fishers, IN
 
Enterprise Auto Rental
(317) 913-6768
510 E 88Th Pl
Indianapolis, IN
 
Hertz - Castleton HLE
(317) 585-9053
6520 East 82nd Street
Indianapolis, 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
After Hours - After hour returns are allowed. Park vehicle in Hertz lot located behind the building. Record return date, time, mileage, and tank level on rental agreement jacket. Leave keys and contract in drop box located on the back side of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Budget Rent A Car
(317) 770-9090
1950 Conner St
Noblesville, IN

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Enterprise Rent A Car
(317) 841-1826
9031 Technology Dr
Fishers, IN
 
Rent A Car
(317) 845-1868
11650 Lantern Rd
Fishers, IN
 
Enterprise Auto Rental
(317) 848-9344
799 Enterprise Drive
Indianapolis, IN
 
Enterprise Auto Rental
(317) 571-7999
445 Haver Way
Indianapolis, IN
 
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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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