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Understanding Car Lease Residuals Prineville 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 - Roberts Field Airport HLE
(541) 923-1411
2522 Southeast Jesse Butler Circle
Redmond, OR
Hours
Su-Fr 0630-2400, Sa 0830-1800
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., 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
After Hour - After hour returns are allowed. 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.

Hertz - Hillsboro Aviation
(503) 846-1330
3565 Northeast Cornell Road
Hillsboro, OR
Hours
Mo-Fr 0630-1830, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Auto Rental
(503) 275-5359
45 Sw Pine St
Portland, OR
 
Hertz - Southeast 82nd Avenue HLE
(503) 772-4750
1133 Southeast 82nd Avenue
Portland, OR
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., 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.

Peter Corvallis Productions, Inc.
(503) 222-1664
2204 N. Clark Avenue
Portland, OR
 
Hertz - 600 North State Street HLE
(503) 635-1666
600 North State Street
Lake Oswego, OR
Hours
Mo-Fr 0800-1730, 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.

Hertz - 1746 Northwest 9th Street HLE
(541) 758-4101
1746 Northwest 9th Street
Corvallis, OR
Hours
Mo-Fr 0700-1800, Sa 0830-1230,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. Park car in Hertz area. Place keys and rental record in dropbox. Customer is responsible for vehicle and charges until the rental record is closed out at the beginning of business the next morning.

Enterprise Auto Rental
(503) 220-8200
623 W. Burnside Street
Portland, OR
 
Hertz - Eugene Municipal Airport
(541) 688-9333
28801 Douglas Drive
Eugene, OR
Hours
0600-0030 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Please reserve for the next day during regular business hours. Cab fare to hotel and back to location the next day will be reimbursed up to $20.00 with receipt. After hour returns are allowed. Drop box is located outside the front door of the airport, about 15 feet to the right of the exit. It is on the wall with the other rental car drop boxes.

Enterprise Auto Rental
(503) 977-7700
360 S.W. Barbur Blvd.
Portland, OR
 

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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