Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Roxboro NC

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.

Enterprise Rent-A-Car
(919) 620-1810
4504a N Roxboro St
Durham, NC

Data Provided by:
Hertz - Wilson Air Center
(704) 359-0114
5400 Airport Drive
Charlotte, NC
Hours
0600-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Formerly known as Signature Air. This location is for Private Flights only. All reservations require private flight arrival, even for customers arriving by private plane on a previous day.

Enterprise Auto Rental
(704) 334-8575
25 E 9Th St
Charlotte, NC
 
Budget-Charlotte
(704) 596-9749
4400 Old Interstate Rd
Charlotte, NC
 
R & B Management LLC DBA Volvo Rents
(704) 371-4796
1516 Statesville Avenue
Charlotte, NC
 
Hertz - Asheboro Body Shop
(336) 625-5411
1339 East Salisbury Street
Asheboro, NC
Hours
Mo-Fr 0730-1800, 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 , 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
(252) 480-1838
818 N Croatan Hwy Mp 6.5
Devil, Hills, NC
 
Hertz - 146 Beau View Court HLE
(336) 788-5340
146 Beau View Court
Winston Salem, NC
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. 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 4312 Wilkinson Boulevard HLE
(704) 824-5095
4312 Wilkinson Boulevard
Gastonia, NC
Hours
Mo-Fr 0730-1800, 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 , 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 the car in the Hertz designated parking space in front of office. Lock the car. Record the return date, time, mileage and tank level on the rental agreement jacket. Leave the keys and rental agreement in the drop box located in the rear of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Tidewater Aviation
(252) 637-3021
950 Aviation Drive
New Bern, NC
Hours
Su-Fr 1000-2000, Sa 1000-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the customer lot. Leave the keys and contract at the FBO counter.

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