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Understanding Car Lease Residuals Palmer AK

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
(907) 373-2080
4535 E Greenstreet Cir # 1
Wasilla, AK

Data Provided by:
Hertz - Elmendorf AFB
(907) 753-0199
Westover Avenue
Elmendorf, AK
Hours
Mo-Sa 0900-1900
Su 1000-1900
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for military personnel only.

Hertz - Million Air
(907) 248-4422
6160 Carl Brady Drive
Anchorage, AK
Hours
0530-0230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Juneau Municipal Airport
(907) 789-9494
1873 Shell Simmons Drive
Juneau, AK
Hours
0630-2200 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., Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in a Hertz stall. Place keys and rental record in the drop box located at the Hertz counter. Pier - Approximately 5 miles from the pier. Cab fare will be reimbursed up to $20.00 with receipt.

Hertz - Great Circle Flight Services
(907) 245-1232
6121 South Airpark Place
Anchorage, AK
Hours
0530-0200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

U-Haul Company
(907) 789-7098
10011 Glacier Hwy
Juneau, AK
 
National Car Rental
(907) 789-9814
1873 Shell Simmons Dr
Juneau, AK
 
Rent A Wreck
(907) 789-4111
2450 Industrial Blvd
Juneau, AK
 
Evergreen Motors Inc
(907) 789-9300
8895 Mallard St
Juneau, AK
 
Payless Car Rental
(605) 225-1384
215 Ferry Way
Juneau, AK
 
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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