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Understanding Car Lease Residuals Shelby 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.

Hertz - Odyssey Aviation
(828) 684-6832
40 Lindbergh Drive
Fletcher, NC
Hours
0630-2330 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Previously known as Million Air. This location is for Private Flights only. After Hours - After hour returns are allowed. Leave keys and contract with FBO personnel.

Hertz - Fayetteville Municipal Airport
(910) 483-8808
400 Airport Road
Fayetteville, NC
Hours
0630-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
After Hours - Meets flights if reservation is received during regular office hours. After hour returns are allowed 0500-0630 and 0001-0200.

Enterprise Auto Rental
(336) 275-1299
01 W. Lee Street
Greensboro, NC
 
Carls Van Rentals
(904) 727-3848
7227 Atlantic Blvd
Jacksonville, NC
 
Hertz - Wilmington Airport
(910) 762-1010
1740 Airport Blvd
Wilmington, NC
Hours
Mo-Fr 0600-2300, Sa 0800-2000, Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Meets flights Sunday thru Friday only, if reservation is received during regular business hours. After hour returns are allowed.

Enterprise Auto Rental
(910) 350-0435
911 Market St
Wilmington, NC
 
Hertz - 5122 Neal Road HLE
(919) 416-4969
5122 Neal Road
Durham, NC
Hours
Mo-Fr 0730-1730, 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.

Hertz - Moore County Airport HLE
(910) 692-5858
7985 Aviation Drive
Pinehurst, NC
Hours
Mo-Fr 0700-1900, Sa-Su 0900-1700
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. In-Car Navigation System
Additional Information
After Hours - Meets scheduled commercial flights if the reservation is received during regular business hours. After hours returns are allowed during airport terminal hours 0600-2300. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Carolina Rent A Car
(704) 596-6008
6408 N Tryon St
Charlotte, NC
 
Hertz - Air Wilmington
(910) 762-1010
1817 Aviation Drive
Wilmington, NC
Hours
Mo-Fr 0600-2300, Sa 0800-2000, Su 0800-2300
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.

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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