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Understanding Car Lease Residuals Prescott Valley AZ

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
(928) 778-6506
1299 E Gurley St
Prescott, AZ

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Lake Powell Utah Houseboat Rentals
(888) 454-8825
Bullfrog marinas
Page, AZ
Services
Houseboat Rentals

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Hertz - Nogales Downtown
(520) 287-2012
1012 North Grand Avenue
Nogales, AZ
Hours
Mo-Fr 0800-1800
Sa 0800-1700
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Bus - Approximately 1 1/2 miles from bus station. Pickup and delivery service is available. Please call upon arrival. After Hours - After hour returns are allowed. Park vehicle in front of the building close to the Hertz office. Place keys and Rental Record in the slot in the door of the Hertz office.

Hertz - 911 Oro Valley
(520) 572-8360
635 East Vuelta Caminata Del Rio
Oro Valley, AZ
Hours
Mo-Fr 0830-1700
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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Tucson Northwest HLE
(520) 572-8360
3720 West Ina Road
Tucson, AZ
Hours
Mo-Fr 0730-1800
Sa 0900-1300
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. Drop keys and completed rental agreement in the drop box located outside the office.

Hertz - Prescott Municipal Airport HLE
(928) 776-1399
6500 MacCurdy Drive
Prescott, AZ
Hours
Mo-Fr 0800-1800
Sa 0800-1700
Su 1000-1700
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
Located 6 miles North of town off Highway 89. Also known as Ernest A Love Field After Hours - After hour returns are allowed. Park the vehicle in the Hertz area, then place the keys and rental agreement in the drop box, located at the entrance of the terminal. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 11803 North Saguaro Blvd HLE
(480) 837-1952
11803 North Saguaro Blvd
Fountain Hills, AZ
Hours
Mo-Fr 0800-1800
Sa 0900-1300
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.

Hertz - Westin Kierland Resort
(480) 624-1239
6902 East Greenway Parkway
Scottsdale, AZ
Hours
Mo-Fr 0800-1730
Sa-Su 0800-1500
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Hotel Guests only. After hour - After hour returns are allowed. Park vehilce in the hotel parking stalls. Place the completed rental agreement and keys in the drop box inside the hotel at the Hertz counter.

Enterprise Auto Rental
(480) 961-5499
450 W Orchid Ln
Chandler, AZ
 
Hertz - 4431 West Glendale HLE
(623) 463-2378
4431 West Glendale
Glendale, AZ
Hours
Mo-Fr 0730-1800
Sa 0900-1300
Su Closed
Special Services
Child Seats, 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.

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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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