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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 - Airpark Trust Authority
(405) 681-2343
6600 South Mustang Field Road
El Reno, OK
Hours
0800-1800 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System

Hertz Penske Truck Rental
(405) 364-4721
101 S Webster Ave
Norman, OK
 
Enterprise Rent-A-Car
(580) 226-5200
826 Grand Ave
Ardmore, OK

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

Data Provided by:
Hertz - Rivair Flying Service
(918) 742-3453
8605 South Elwood
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 Jones Airport. This location is for Private Flights only. No walkins allowed.

Hertz - 8231 North Owasso Expressway HLE
(918) 272-1080
8231 North Owasso Expressway
Owasso, OK
Hours
Mo-Fr 0800-1700, 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.

Hertz - Pogue Airport
(918) 742-3453
3200 North Airport Road
Sand Springs, 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
This location is for Private Flights only. No walkins allowed.

Avis Rent A Car
(405) 844-7957
911 S Broadway
Edmond, OK
 
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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