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Understanding Car Lease Residuals Stanwood WA

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
(360) 653-2319
9501 State Ave
Marysville, WA

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Penske Truck Rental
(425) 258-4300
3225 Mcdougall Ave
Everett, WA
 
Hertz - Downtown Everett HLE
(425) 252-9625
2901 Rucker
Everett, WA
Hours
Mo-Fr 0730-1800, Sa 0800-1300, 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. 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. Park vehicle in the Hertz area. Place keys and rental record in the drop box located by the door. Pier - Approximately 10 miles from this location. Cab fare will be reimbursed up to $7.00 with receipt. Railroad - Approximately 4 blocks from the railroad station. Please use direct line phone located in the railroad station to arrange for pickup service.

Avis
(425) 303-8883
5129 Evergreen Way Ste D-4
Everett, WA
 
Hertz Corp
(425) 353-6700
6417 Evergreen Way
Everett, WA
 
Hertz - 300 Williow Lane HLE
(360) 848-8603
300 Willow Lane
Mount Vernon, WA
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. In-Car Navigation System , 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 Local Edition
(425) 252-9625
2901 Rucker Ave
Everett, WA
 
Enterprise Car Sales
(425) 347-2947
5505 Evergreen Way
Everett, WA
 
All Star Rent A Car
(425) 423-0509
7800 Evergreen Way
Everett, WA
 
Lake Roosevelt Vacation Inc.
(509) 738-6121
P.O. Box 340
Kettle Falls, WA
Services
Houseboat Rentals

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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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