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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:
Enterprise Auto Rental
(702) 734-3977
080 Paradise
Las, Vegas, NV
 
Payless Car Rental
(702) 736-6147
7150 Haven St Ste 210
Las Vegas, NV
 
Budget Car & Truck Rental
(702) 736-1212
2000 Las Vegas Blvd N
North Las Vegas, NV
 
Paclease Preferred Truck Leasing
(702) 657-1500
4120 Donovan Way
North Las Vegas, NV
 
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.

Hertz Corp
(775) 359-9090
1610 Kleppe Ln
Sparks, NV
 
Hertz - JW Marriott HLE
(702) 869-7915
221 North Rampart Boulevard
Las Vegas, NV
Hours
Mo-Fr 0800-1700,Sa-Su 0900-1200.
Special Services
Child Seats, Gold Canopy , 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
Located approximately 30 minutes northwest of the Strip.

Hertz - North Las Vegas Airport
(702) 648-8834
2730 Airport Drive
Las Vegas, NV
Hours
Mo-Fr 0900-1700,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., Gold Counter Service
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Please park vehicle in a designated parking area. Record date, time, tank level and mileage on the Rental Record. Drop the sealed envelope with the Rental Record and the keys in the drop box.

Hertz - Las Vegas McCarran International Airport
(702) 262-7700
7135 Gilespie Street
Las Vegas, NV
Hours
24 Hours, 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Prestige Service , Covered Return Center

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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