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Understanding Car Lease Residuals Pryor OK

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 - Abuvclouds Aviation
(918) 834-5321
591 Airport Road
Pryor, OK
Hours
Mo-Fr 0700-1800, 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
Additional Information
This location is for Private Flights only.

Hertz - Claremore Regional Airport
(918) 834-5321
19502 East Rogers Post Road
Claremore, OK
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Christiansen Aviation
(918) 742-3453
200 Lear Jet Lane
Tulsa, OK
Hours
Mo-Fr 0700-1800, Sa 0800-1300, Su closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located at the Richard Lloyd Airport. This location is for Private Flights only. No walkins allowed.

Hertz - Wiley Post Service Center FBO
(405) 773-7212
7200 N W 63rd Street
Bethany, OK
Hours
0500-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Tulsa Tulsa Air
(918) 272-1080
3207 North Sheridan
Tulsa, OK
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(918) 341-8577
1130 W Will Rogers Blvd
Claremore, OK

Data Provided by:
Enterprise Auto Rental
(918) 477-7660
111 S Sheridan Rd
Tulsa, OK
 
Enterprise Rent A Car
(405) 475-0430
3612 S Kelly Ave
Edmond, OK
 
Enterprise Auto Rental
(405) 755-2223
21 E. Memorial Road
Oklahoma, City, OK
 
Enterprise Rent-A-Car
(405) 721-7900
8000 N Rockwell Ave
Oklahoma City, OK

Data Provided by:
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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