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Understanding Car Lease Residuals Searcy AR

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
(501) 268-6099
2204 E Race Ave
Searcy, AR

Data Provided by:
Hertz - Ft. Smith Regional Airport
(479) 484-4448
6700 McKennon Boulevard
Fort Smith, AR
Hours
Mo-Fr 0630-2200
Sa 1000-1700
Su 1200-2200
Special Services
Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed 0530-Midnight. Park car in Hertz area, place keys and rental record in drop box located at the counter. Bus - Approximately 10 miles from bus station.

Hertz - Regional Jet Center
(479) 205-0388
12344 Tower Drive
Bentonville, AR
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(501) 982-2001
526 West Main Street
Jacksonville, AR
 
Avis
(479) 452-5152
6700 Mckennon Blvd
Fort Smith, AR
 
Budget Rental Car
(501) 268-8235
1614 E. Booth Rd.
Searcy, AR
Hours
Mon-Sat 8to6
Special Services
Free pick up

Enterprise Auto Rental
(501) 791-9942
620 Warden Rd
Little, Rock, AR
 
Hertz - 1019 North Walton Blvd HLE
(479) 254-6886
1019 North Walton Blvd
Bentonville, AR
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
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 - After hour returns are allowed.

Enterprise Auto Rental
(501) 537-2880
Airport Rd
Little, Rock, AR
 
Enterprise Rent A Car
(910) 484-2888
2625 Raeford Rd
Fayetteville, AR
 
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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