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Understanding Car Lease Residuals Ottumwa IA

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
(641) 423-8300
2740 4th St Sw
Mason City, IA

Data Provided by:
Hertz - Dubuque Airport
(563) 583-0267
11000 Airport Road
Dubuque, IA
Hours
Mo 0700-1700 and 2200-2300
Tu-Th 0900-1700 and 2200-2300
Fr 0900-1700
Sa 0900-1300
Su 0900-1700 and 2200-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Drop box is located on the Hertz counter.

Hertz - Carver Aero Davenport
(563) 359-4031
9230 North Harrison
Davenport, IA
Hours
Mo 0700-1800
Tu-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed.

Hertz - Fort Dodge Airport HLE
(515) 955-6375
1639 Nelson Avenue
Fort Dodge, IA
Hours
Mo-Fr 0730-1730
Sa Closed
Su 1400-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After hours - Meets scheduled flights if reservation is received during regular business hours. After hour returns are allowed. Park vehicle in Hertz parking. Place keys and rental record in the drop box located at the counter. If outside terminal hours, use the drop box located underneath canopy outside the airport entrance. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Pella Municipal Airport
(515) 285-1382
2119 Airport Road
Pella, IA
Hours
Mo-Fr 0800-1800
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Avis Rent A Car
(319) 233-0569
Waterloo Municipal Airpot
Waterloo, IA
 
Hertz - 2737100th Street HLE
(515) 276-1177
2737 100th Street
Urbandale, IA
Hours
Mo 0700-1730
Tu-Fr 0730-1730
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 , 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 on the east side of the building. Leave keys and contract in the drop box located on the front of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Meredith Corporation
(515) 276-1177
1716 Locust Street
Des Moines, IA
Hours
Mo-Fr 0730-1730
Sa 0800-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is Meredith Corporation use only. After Hours - After hour returns are allowed. Leave the keys and the contract with the security guard.

Hertz - Singing Hills
(712) 255-4986
3131 Singing Hills Boulevard
Sioux City, IA
Hours
Mo-Fr 0800-1700
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.

U-Haul Company
(319) 339-4977
1841 S Gilbert St
Iowa City, IA
 
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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