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Understanding Car Lease Residuals Omaha NE

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 Auto Rental
(402) 397-3232
602 W Dodge Rd
Omaha, NE
 
Hertz - Woodhouse South HLE
(402) 592-3218
6603 L Street
Omaha, NE
Hours
Mo-Fr 0700-1800, Sa-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 the vehicle across the street at Woodhouse Lincoln Mercury. Leave the keys and rental record in the drop box located next to the service garage. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(402) 731-6000
525 L Street
Omaha, NE
 
Enterprise Auto Rental
(402) 493-9100
1724 West Dodge Rd
Omaha, NE
 
Enterprise Rent-A-Car
(402) 216-0455
2323 Harney St
Omaha, NE

Data Provided by:
Enterprise Auto Rental
(402) 339-1100
986 L St
Omaha, NE
 
Enterprise Auto Rental
(402) 571-8700
131 North 90Th Street
Omaha, NE
 
Hertz - Woodhouse Lincoln Mercury HLE
(402) 592-3218
6503 L Street
Omaha, NE
Hours
Mo-Fr 0700-1800, 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., 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 the area north of the garage. Drop box is located next to the service garage. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - West Omaha HLE
(402) 330-4420
14913 Industrial Road
Omaha, NE
Hours
Mo-Fr 0700-1800, 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., 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(402) 342-3800
323 Harney St
Omaha, NE
 
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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