Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Pahrump NV

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
(775) 537-6677
401 S Frontage Rd # A
Pahrump, NV

Data Provided by:
Hertz - 135 Clearview Drive HLE
(775) 841-8002
135 Clearview Drive
Carson City, NV
Hours
Mo-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., 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.

Enterprise Auto Rental
(702) 645-2845
401 Centennial Center Blvd
Las, Vegas, NV
 
Enterprise Rent A Car
(775) 331-2390
1100 Nugget Ave
Sparks, NV
 
Hertz - Harveys Hotel Resort and Casino HLE
(775) 586-0041
Highway 50
Stateline, NV
Hours
0800-1200 and 1300-1630 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 , Ski Equipped Vehicles, 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.

Budget Truck Rental
(775) 356-2499
1595 Marietta Way
Sparks, NV
 
Hertz - Wynn Hotel and Casino
(702) 770-2204
3131 Las Vegas Boulevard South
Las Vegas, NV
Hours
0700-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only 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
This location is right on the Las Vegas Strip. The counter is locatedd just inside the doors of the garage on level 2. After Hours - After hour returns are allowed. Park vehicle on the second level of the self parking garage. Record date, time, fuel level, and mileage on the Rental Record. Proceed to the entrance through the vestibule. Place Rental Record and keys in drop box on the counter located just inside the double doors on your left.

Hertz - Gaudin Ford
(702) 641-5700
2121 East Sahara Avenue
Las Vegas, NV
Hours
Mo-Fr 0700-1900,Sa 0800-1700,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.

Silver State International Trucks
(775) 685-6000
2255 Larkin Cir
Sparks, NV
 
Penske Truck Rental
(775) 359-6226
1405 Glendale Ave
Sparks, NV
 
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...

Click here to read the rest of this article from Lease Guide