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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

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Budget Car & Truck Rental
(702) 736-1212
7120 Haven
Las Vegas, NV
 
Enterprise Auto Rental
(775) 325-3977
001 E Plumb Ln C/O Reno Arpt
Reno, NV
 
Avis Rent A Car
(702) 399-8354
845 W Craig Rd Ste 104
North Las Vegas, NV
 
Cashman Equipment Co
(775) 358-5111
600 Glendale Ave
Sparks, NV
 
Hertz - Executive Airport
(702) 263-8894
3500 Executive Terminal Drive
Henderson, NV
Hours
Mo-Fr 0800-1800, Sa-Su 0900-1500.
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.

Leaving Las Vegas Camper Vans
(702) 513-1443
10885 Florence Hills St
Las Vegas, NV
 
Enterprise Auto Rental
(775) 826-2442
378A Kietzke Lane
Reno, NV
 
Hertz - Harrahs Hotel and Casino
(702) 732-7349
3475 Las Vegas Blvd South
Las Vegas, NV
Hours
0700-1300 and 1400-1700 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 located in the lobby at the end of the check-in counter. After Hours - After hour returns are allowed. The entrance to the garage is in the rear of the property. Follow the signs for the self park garage, follow the return signs to level 6E. Park vehicle in the designated area. The drop box is located next to the counter. Drop the sealed envelope with the Rental Agreement and the keys into the drop box.

Hertz - Riviera Hotel and Casino
(702) 697-4090
2901 Las Vegas Boulevard South
Las Vegas, NV
Hours
0700-1500 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. Aproximately 10 minutes from the Sands Convention Center. Cab fare from the Sands Convention Center to the Riviera Hotel and Casino will be reimbursed with receipt. The counter is located just inside the doors of the South Tower. After Hours - After Hours returns are allowed. Follow signs for self park garage, follow return signs to level 6. Park vehicle in designated area. Record date, time, tank and mileage in Rental Record. Drop box is located a

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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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