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Understanding Car Lease Residuals Princeton WV

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 - Mercer County Airport HLE
(304) 325-3388
Route 5 Box 201
Bluefield, WV
Hours
Mo-Fr 0800-1800, Sa 0900-1200, 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., 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 if reservation is received at least 24 hours in advance. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Elkins Airport
(304) 636-4436
Beverly Pike
Elkins, WV
Hours
Mo-Fr 0800-1700, Sa 0800-1400, Su closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets reservations if received at least 48 hours in advance.

Hertz - Town Center Marriott
(304) 346-0573
200 Lee Street
Charleston, WV
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System

Enterprise Rent-A-Car
(304) 422-3600
1520 7th St
Parkersburg, WV

Data Provided by:
Hertz - Greenbrier Valley Airport HLE
(304) 647-5170
Route 219
Lewisburg, WV
Hours
Mo-Fr 0900-1700, Sa 1100-1430, Su 1230-1830
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.

Enterprise Auto Rental
(304) 344-2600
115 Smith Street
Charleston, WV
 
Hertz - Parkersburg Downtown HLE
(304) 428-4040
1700 St. Marys Avenue
Parkersburg, WV
Hours
Mo-Fr 0800-1700, Sa 0800-1200, Su 0800-1000
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., Ski Equipped Vehicles, 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.

Enterprise Auto Rental
(304) 926-8900
330 Maccorkle Ave Se
Charleston, WV
 
Hertz - Mercer County Airport HLE
(304) 325-3388
Route 5 Box 201
Bluefield, WV
Hours
Mo-Fr 0800-1800, Sa 0900-1200, 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., 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 if reservation is received at least 24 hours in advance. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Tri State Airport
(304) 453-2745
1463 Airport Road
Huntington, WV
Hours
Mo-Fr 0700-2400, Sa 0900-1700, Su 0700-2400
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. 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. Park vehicle in the Herz area. Place keys and Rental Record in the drop box located at the counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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