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Understanding Car Lease Residuals Safford AZ

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.

Lake Powell Utah Houseboat Rentals
(888) 454-8825
Bullfrog marinas
Page, AZ
Services
Houseboat Rentals

Data Provided by:
ATV Rentals of Arizona
(928) 379-0872
1795 E Fishermans
Camp Verde, AZ
 
Budget Truck Rental
(623) 214-0482
17150 N 134th Dr
Surprise, AZ
 
Hertz - 5017 East Elliott Road HLE
(480) 753-4606
5017 East Elliott Road
Ahwatukee, AZ
Hours
Mo-Fr 0700-1800
Sa-Su 0800-1600
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.

Enterprise Rent A Car
(623) 583-9920
12751 W Bell Rd Ste 7
Surprise, AZ
 
Hertz - Evergreen Air Center
(520) 572-8360
24641 East Pinal Air Park Road
Marana, AZ
Hours
Mo-Fr 0700-1700
Sa 0800-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Cutter Aviation Phoenix Sky Harbor Airport
(602) 267-8822
2802 East Old Tower Road
Phoenix, AZ
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located at Phoenix Sky Harbor Airport. This location is for Private Flights only.

Hertz - Sheraton Wild Horse Pass HLE
(602) 721-9292
5594 West Wild Horse Pass
Phoenix, AZ
Hours
0800-1700 7 Days
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 , 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 rentals are allowed. Complete the Express Return portion of the rental contract. Place contract and keys in the drop box provided at the counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Phoenix Goodyear Airport
(623) 932-4266
1658 South Litchfield Road
Goodyear, AZ
Hours
Mo-Fr 0700-1800
Sa 0700-1600
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Please leave the keys and contract with the counter personnel at the FBO, and notify the servicing location of the return.

Enterprise Auto Rental
(602) 240-6792
40 W. Camelback Road
Phoenix, AZ
 
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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