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Understanding Car Lease Residuals Pendleton OR

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.

Hertz - Municipal Airport HLE
(541) 276-3183
2016 Airport Road
Pendleton, OR
Hours
Mo-Fr 0800-1700 and 2030-2130, Sa 1100-1700, Su 1000-1600 and 1930-2030
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.
Additional Information
Bus - Approximately 4 miles from the bus station. Pickup service may be available. Railroad - Approximately 4 miles from the railroad station. Pickup service may be available.

Hertz - 600 North State Street HLE
(503) 635-1666
600 North State Street
Lake Oswego, OR
Hours
Mo-Fr 0800-1730, 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 , 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 - Municipal Airport HLE
(541) 882-0220
3000 Airport Road
Klamath Falls, OR
Hours
Mo-Fr 0800-1800 and 2230-2300, Sa 0800-1430, Su 0800-1400 and 1700-1800 and 2230-2300
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.
Additional Information
After Hours - Meets commercial flights up to 2400 if reservation is received during regular business hours. After hour returns are allowed. Bus - Approximately 6 miles from the bus station. 1/2 cab fare will be reimbursed with receipt. Railroad - Pickup service is available. Please call upon arrival.

All Pro Auto Body
(503) 771-3232
12444 S.E. Stark St
Portland, OR
Special Services
Towing, Rent A Car, Auto Body, Auto Collision, Car Rental Agency

Hertz - 330 Southwest Pine Street HLE
(503) 249-5727
330 Southwest Pine Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
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
After Hours - After hour returns are allowed. Located between 3rd and 4th Avenue directly across from the main entrance of Embassy Suites Hotel Downtown. Bus - Approximately 1 block from the Greyhound station and 1 mile from the Trailways station. Pickup service is available, or cab fare will be reimbursed with receipt.

Wilmar Inc.
(503) 789-2693
19456 Orchard Grove Drive
Portland, OR
 
Hertz - 25035 Southwest Parkway Avenue HLE
(503) 582-0345
25035 Southwest Parkway Avenue
Wilsonville, OR
Hours
Mo-Fr 0730-1800, 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. 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
After Hours - After hour returns are allowed.

Hertz - Coos Aviation
(541) 756-4416
1210 Airport Way
North Bend, OR
Hours
0800-1500 and 1900-2000 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Rogue Valley International HLE
(541) 773-4293
1000 Terminal Loop Parkway
Medford, OR
Hours
Mo-Fr 0730-2400, Sa-Su 0800-2400
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.
Additional Information
After Hours - After hours returns are allowed. Park the vehicle in the Hertz area. Place the keys and rental agreement in the drop box, located at the Hertz counter or in the parking garage. Bus - Approximately 4 miles from the bus station.

Enterprise Auto Rental
(503) 963-1795
740 Ne Sandy Blvd
Portland, OR
 

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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