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Understanding Car Lease Residuals Somerton AZ

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 - Care Flight Aviation Center
(928) 726-5160
3535 Fortuna Avenue
Yuma, AZ
Hours
Mo
Tu
& Fr 0800-2000
We
Th
& Sa 0800-1700
Su 0800-2100
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. Walkins are not allowed.

Hertz - Lux Air
(928) 726-5160
3681 South Birch Way
Yuma, AZ
Hours
Mo
Tu
& Fr 0800-2000
We
Th
& Sa 0800-1700
Su 0800-2100
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. Walkins are not allowed.

Budget Rent A Car
(623) 878-3698
6666 W Bell Rd
Glendale, AZ

Data Provided by:
Enterprise Rent-A-Car
(480) 302-6450
9261 E Via De Ventura # 104
Scottsdale, AZ

Data Provided by:
Hertz - Scottsdale Conference Resort
(480) 948-8450
7700 East McCormick Parkway
Scottsdale, AZ
Hours
0700-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only.

Hertz - Yuma International Airport HLE
(928) 726-5160
2191 East 32nd Street
Yuma, AZ
Hours
Mo
Tu
& Fr 0800-2000
We
Th
& Sa 0800-1700
Su 0800-2100
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 , 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 between 0430 - open and close - 0030. Park vehicle in the Hertz Area. Place keys and rental record in the drop box located at the Hertz counter.

Lake Powell Utah Houseboat Rentals
(888) 454-8825
Bullfrog marinas
Page, AZ
Services
Houseboat Rentals

Data Provided by:
Hertz - Pulliam Municipal Airport HLE
(928) 774-4452
6200 South Pulliam Drive
Flagstaff, AZ
Hours
0800-1700 7 Days
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., Ski Equipped Vehicles, 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 - Meets commercial flights until 2100 if reservation is received during regular business hours. After hours returns are allowed. Park the vehicle in the Hertz area, place keys, rental agreement and rental jacket in the Express Return drop box located at the Hertz counter. Bus - Approximately 5 miles from the bus station. Service available, please call upon arrival. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(520) 888-0442
60 W. Auto Mall Dr.
Tucson, AZ
 
Hertz - Mesa Gateway Airport HLE
(480) 279-3378
6033 South Sossaman Road
Mesa, AZ
Hours
Su-Mo 0700-2330
Tu 0700-2000
We-Sa 0700-2330
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 , 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 - Meets after hour commerical flights. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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