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Understanding Car Lease Residuals Sherwood 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 Auto Rental
(501) 982-2001
526 West Main Street
Jacksonville, AR
 
Hertz - North Little Rock HLE
(501) 833-9380
5500 Starita Drive
Sherwood, AR
Hours
Mo-Fr 0730-1800
Sa 0900-1200
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. Place keys and rental agreement in drop box by front door.

Enterprise Auto Rental
(501) 537-2880
Airport Rd
Little, Rock, AR
 
Enterprise Auto Rental
(501) 227-0622
804 N Rodney Parham Rd Ste 1
Little, Rock, AR
 
Enterprise Rent-A-Car
(501) 843-8110
2796 S 2nd St # B
Cabot, AR

Data Provided by:
Enterprise Auto Rental
(501) 791-9942
620 Warden Rd
Little, Rock, AR
 
Enterprise Rent-A-Car
(501) 537-2880
1 Airport Rd
Little Rock, AR

Data Provided by:
Enterprise Auto Rental
(501) 376-1919
00 South Broadway
Little, Rock, AR
 
Hertz - 10500 West Markham HLE
(501) 492-5530
10500 West Markham
Little Rock, AR
Hours
Mo-Fr 0730-1800
Sa 0900-1200
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.

Hertz - Little Rock National Airport
(501) 375-7307
3403 East Roosevelt Road
Little Rock, AR
Hours
Mo-Fr 0600-0030
Sa 0700-2300
Su 0700-0030
Special Services
Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park car in Hertz area, place keys and rental record in drop box located at the counter. Bus - Approximately 3 1/2 miles from the bus station. Railroad - Approximately 5 miles from the train station.

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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