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Understanding Car Lease Residuals Pine Bluff AR

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.

Budget Rent A Car
(870) 663-4473
5501 S Olive St
Pine Bluff, AR

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Budget Rent A Car
(870) 663-4473
5501 S Olive St
Pine Bluff, AR

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Enterprise Rent-A-Car
(479) 648-1117
1410 Zero St
Fort Smith, AR

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Enterprise Auto Rental
(501) 227-7368
1301 West Markham
Little, Rock, AR
 
Hertz Local Edition Car Rental
(479) 750-4267
1507 W Shady Grove Rd
Springdale, AR
 
Enterprise Rent-A-Car
(870) 534-7766
2217 S Olive St
Pine Bluff, AR

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Enterprise Auto Rental
(501) 537-2880
Airport Rd
Little, Rock, AR
 
Enterprise Rent-A-Car
(501) 843-8110
2796 S 2nd St # B
Cabot, AR

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Hertz Corp
(479) 750-4460
802 Airport Ave
Springdale, AR
 
Hertz - 10500 West Markham HLE
(501) 492-5530
10500 West Markham
Little Rock, AR
Hours
Mo-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
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 hour returns are allowed.

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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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