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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.

Enterprise Auto Rental
(503) 257-7700
23 N.E. 102Nd Avenue
Portland, OR
 
Enterprise Auto Rental
(503) 230-1212
11 E. Burnside Street
Portland, OR
 
Wilmar Inc.
(503) 789-2693
19456 Orchard Grove Drive
Portland, OR
 
Hertz - Million Air
(541) 842-2254
2040 Milligan Way
Medford, OR
Hours
Mo-Sa 0700-1900, Su 0800-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Rent-A-Car
(503) 644-6500
10625 Sw Canyon Rd
Beaverton, OR

Data Provided by:
Enterprise Auto Rental
(503) 220-8200
623 W. Burnside Street
Portland, OR
 
Hertz - Jet Center South
(541) 773-4293
3650 Biddle Road
Medford, OR
Hours
Mo-Fr 0700-2400, Sa 0730-2400, Su 0800-2400
Special Services
Child Seats
Additional Information
This location is for Private Flights only.

Hertz - Crown Plaza Hotel HLE
(503) 282-2644
1441 Northeast 2nd Avenue
Portland, 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., 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.

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

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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