Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Rock Springs WY

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.

CAr Blow
(307) 362-3422
6758 Aspen ST
Rock Springs, WY
 
Hertz - Rock Springs Municipal Airport
(307) 382-3262
382 Highway 370
Rock Springs, WY
Hours
Mo-Fr 0730-2300, Sa-Su 0730-0830 and 1400-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located 10 miles east of Rock Springs off Interstate 80. After Hours - Meets all after hour reservations if received 24 hours in advance. After hour returns are allowed during airport terminal hours Su-Fr 0500-2230 and Sa 0600-2030. Park vehicle in Hertz area. Place keys and rental record in the drop box located at the counter.

CAr Blow
(307) 362-3422
6758 Aspen ST
Rock Springs, WY
 
U-Haul Company
(307) 637-6016
1305 Dell Range Blvd
Cheyenne, WY
 
Hertz - Sky Harbor Air Service
(307) 634-2131
3913 Evans Avenue
Cheyenne, WY
Hours
Mo-Fr 0800-1900 and 2130-2230, Sa 0900-1400, Su 1100-1900 and 2130-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(307) 362-0416
382 Highway 370
Rock Springs, WY

Data Provided by:
U-Haul Company
(307) 634-6207
1215 Logan Ave
Cheyenne, WY
 
Ford Rental System
(307) 638-3335
2200 Westland Rd
Cheyenne, WY
 
Enterprise Rent-A-Car
(307) 686-5655
603 E 2nd St
Gillette, WY

Data Provided by:
Hertz - Laramie Airport
(307) 745-0500
555 General Brees Road
Laramie, WY
Hours
Mo-Th 0800-1730, Fr 0800-1700, Sa 0900-1200, Su 1530-1700
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., 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 UA flight #5023 arriving at 2000 Sunday through Friday and UA flight #5023 arriving at 1645 on Saturday if reservation is received during regular business hours. After hour returns are allowed. Park vehicle in the Hertz lot to the north of the terminal. Complete Rental Agreement and place with keys 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...

Click here to read the rest of this article from Lease Guide