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Understanding Car Lease Residuals Saint Paul MN

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 - Signature Flight Support at St Paul Downtown Airport
(651) 457-2788
515 Eaton Street
St. Paul, MN
Hours
24 Hours 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located at Holman Field. This location is for Private Flights only. After hour - Meets reservations if received during regular business hours.

Hertz - 3M Aviation
(651) 457-2788
690 Bayfield Street
St. Paul, MN
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(651) 228-0088
00 University Ave.
Saint, Paul, MN
 
Midway Party Rental
(651) 644-0005
2110 Gilbert Ave
St. Paul, MN
 
Hertz - 2063 South Robert Street HLE
(651) 457-2788
2063 South Robert Street
West St. Paul, MN
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.

Enterprise Auto Rental
(651) 225-9766
95 East 7Th Street
Saint, Paul, MN
 
Hertz - St Paul Flight Center
(651) 457-2788
270 Airport Road
St. Paul, MN
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located at Holman Field. This location is for Private Flights only.

Concordia University St. Paul
(507) 360-1522
275 Syndicate St. North
St. Paul, MN
Additional Information
I am an intern coming from Minnesota to Chugiak Alaska. I start June 1, 2011 and end June 22, 2012 so I am looking for a 1 year lease.

Hertz - Executive Aviation
(651) 698-9585
9960 Flying Cloud Drive
Eden Prairie, MN
Hours
Mo-Fr 0800-2000, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only. Located at the Flying Cloud Airport, 15 miles west of the Minneapolis International Airport.

Hertz - St Paul Amtrak HLE
(651) 646-1702
730 Transfer Road
St. Paul, MN
Hours
Mo-Fr 0700-1800, 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., 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 0630-2300. Park vehicle in the Hertz designated parking stalls. Drop box is located near the Hertz rental counter in the Amtrak train station. Bus - Approximately 4 miles from the Greyhound bus station.

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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