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Understanding Car Lease Residuals Pontotoc MS

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
(662) 842-2237
551 Daybrite Dr
Tupelo, MS

Data Provided by:
Hertz - Tupelo Aero
(662) 680-9482
121 Lemmons Drive
Tupelo, MS
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Advance Collision Agency HLE
(662) 429-8992
1473 Highway 51 South
Hernando, MS
Hours
Mo-Fr 1000-1600, 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. Record the return date and time, mileage, and tank level on rental agreement jacket. Place the keys and rental agreement in the drop box located by the front door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Atlantic Aviation
(601) 939-5312
110 South Hanger Drive
Jackson, MS
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Formerly known as Mercury Air. This location is for Private Flights only.

Budget Rent A Car
(601) 500-7374
5341 Highway 25
Flowood, MS

Data Provided by:
Hertz - Tupelo Airport HLE
(662) 680-9482
2763 West Jackson Street
Tupelo, MS
Hours
Mo-Fr 0800-1800, Sa 1100-1600, Su 1000-1800
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 - Will meet Delta Flight 975 at 2103 Sunday-Friday only as long as reservation is received during normal business hours. After hours returns are allowed. Place keys and rental record in the drop box located outside the side entrance doors of the airport.

Hertz - Tupelo Aviation Unlimited
(662) 680-9482
105 Lemons Drive
Tupelo, MS
Hours
Mo-Fr 0800-2100, Sa 0800-1600, Su 0900-2100
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Tupelo Airport HLE
(662) 680-9482
2763 West Jackson Street
Tupelo, MS
Hours
Mo-Fr 0800-1800, Sa 1100-1600, Su 1000-1800
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 - Will meet Delta Flight 975 at 2103 Sunday-Friday only as long as reservation is received during normal business hours. After hours returns are allowed. Place keys and rental record in the drop box located outside the side entrance doors of the airport.

Enterprise Rent-A-Car
(601) 442-4600
321 Devereaux Dr
Natchez, MS

Data Provided by:
Hertz - Tupelo Aviation Unlimited
(662) 680-9482
105 Lemons Drive
Tupelo, MS
Hours
Mo-Fr 0800-2100, Sa 0800-1600, Su 0900-2100
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

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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