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Understanding Car Lease Residuals Springfield MO

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
(417) 886-6640
220 S Campbell Ave
Springfield, MO
 
Enterprise Auto Rental
(417) 862-0753
300 N. Airport Blvd Suite107
Springfield, MO
 
Hertz - 4609 West McKinley HLE
(417) 869-4255
4609 West McKinley
Springfield, MO
Hours
Mo-Fr 0800-1600, 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.

Enterprise Auto Rental
(417) 866-0300
07 E Kearney St
Springfield, MO
 
Enterprise Auto Rental
(417) 485-2193
020 N 18Th St
Ozark, MO
 
Hertz - Springfield Branson Airport
(417) 865-1681
2300 North Airpot Blvd
Springfield, MO
Hours
Mo-Fr 0600-2400, Sa-Su 0700-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Meets commercial flights if reservation is received during regular business hours. Flight number required on reservation. After hour returns are allowed. Return the vehicle to the Rental Return lot, park vehicle in a Hertz space and deposit keys and packet in the return box located on the Hertz counter. Approximately 44 miles from Silver Dollar city. Approximately 60 miles from the Branson Airport.

Enterprise Auto Rental
(417) 832-9470
046 W Sunshine St
Springfield, MO
 
Hertz - General Aviation
(417) 865-1681
5000 West Kearney Street
Springfield, MO
Hours
Mo-Fr 0600-2300, Sa-Su 0700-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Hertz - General Rental Center HLE
(417) 597-5313
5117 South Campbell
Springfield, MO
Hours
Mo-Sa 0730-1730, 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.

Hertz - Tac Air
(636) 300-0902
18260 Edison Avenue
Chesterfield, MO
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located at the Spirit of St. Louis Airport, in Chesterfield, MO 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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