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Understanding Car Lease Residuals Parkville MD

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
(410) 444-4393
6811 Harford Rd
Parkville, MD

Data Provided by:
Hertz - Baltimore Northeast HLE
(410) 325-1231
5667 Bel Air Road
Baltimore, MD
Hours
Mo-Fr 0800-1800, 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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(410) 276-4850
307 Eastern Ave
Baltimore, MD
 
Enterprise Auto Rental
(410) 282-4211
902 Eastern Ave.
Baltimore, MD
 
Enterprise Auto Rental
(410) 889-3121
630 Sisson Street
Baltimore, MD
 
Enterprise Auto Rental
(410) 661-3000
031 E. Joppa Road
Baltimore, MD
 
Enterprise Auto Rental
(410) 488-0633
001 Belair Rd
Baltimore, MD
 
Enterprise Rent-A-Car
(410) 686-4813
9801 Pulaski Hwy
Middle River, MD

Data Provided by:
Hertz - Martin State Airport
(410) 628-5945
701 Wilson Point Road
Baltimore, MD
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
After Hours - After hour returns are allowed. Record the return date and time, mileage, and tank level on rental agreement. Leave the keys and rental agreement with FBO personnel.

Limos4less
(410) 235-2265
1335 Roland Heights Avenue, Baltimore -MD 21211
Baltimore, MD
Additional Information
Car Hire
Hours
12:00 am - 11:30 pm

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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