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Understanding Car Lease Residuals Sheridan WY

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
(307) 632-1907
2200 Missile Dr # A
Cheyenne, WY

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Enterprise Rent-A-Car
(307) 265-0069
6301 E 2nd St
Casper, WY

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U-Haul Company
(307) 632-2023
2640 E Lincolnway
Cheyenne, WY
 
Hertz - Rock Springs Municipal Airport
(307) 382-3262
382 Highway 370
Rock Springs, WY
Hours
Mo-Fr 0730-2300, Sa-Su 0730-0830 and 1400-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located 10 miles east of Rock Springs off Interstate 80. After Hours - Meets all after hour reservations if received 24 hours in advance. After hour returns are allowed during airport terminal hours Su-Fr 0500-2230 and Sa 0600-2030. Park vehicle in Hertz area. Place keys and rental record in the drop box located at the counter.

Hertz - Worland Municipal Airport
(307) 347-2433
1456 Airport Road
Worland, WY
Hours
Mo-Fr 0800-1700, 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., 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 0400-1200, 1230-1630, and 1800-2000 7 days a week. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Natrona County Airport
(307) 265-1355
8500 Airport Parkway
Casper, WY
Hours
Su-Fr 0800-2300, Sa 0800-1730
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Will meet after hour reservations until 2300, Su-Fr, as long as reservation is made during regular business hours. After hour returns are allowed 0500-2300, Su-Fr. Place keys and rental record in the drop box located at the counter. This location is 10 miles west of town.

Mountain States Tent & Awning
(307) 433-8649
711 E Fox Farm Rd Ste 3
Cheyenne, WY
 
Hertz Penske Truck Rental
(307) 635-3672
4305 Mccann Ave
Cheyenne, WY
 
Enterprise Rent A Car
(307) 632-1907
2200 Missile Dr
Cheyenne, WY
 
Hertz - Jackson Hole Aviation
(307) 733-2272
1250 East Airport Road
Jackson, WY
Hours
0600-2230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Record date, time, fuel level, and mileage on the rental jacket. Take the keys and rental jacket into the FBO and give to FBO counter staff.

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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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