Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals Tahlequah OK

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 - Christiansen Aviation
(918) 742-3453
200 Lear Jet Lane
Tulsa, OK
Hours
Mo-Fr 0700-1800, Sa 0800-1300, Su closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Located at the Richard Lloyd Airport. This location is for Private Flights only. No walkins allowed.

Budget Car & Truck Rental
(405) 360-3025
558 W Main St
Norman, OK
 
Hertz - U S Aviation
(918) 834-5321
4141 North Memorial Drive
Tulsa, OK
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(405) 755-2223
21 E. Memorial Road
Oklahoma, City, OK
 
Enterprise Rent-A-Car
(918) 341-8577
1130 W Will Rogers Blvd
Claremore, OK

Data Provided by:
Budget Rent A Car
(918) 622-7778
7722 E 41st St
Tulsa, OK

Data Provided by:
Hertz - Peoria Street HLE
(918) 742-3453
4945 South Peoria Avenue
Tulsa, OK
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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.

Enterprise Rent-A-Car
(580) 226-5200
826 Grand Ave
Ardmore, OK

Data Provided by:
Enterprise Rent A Car
(405) 364-0123
103 Merkle Drive
Norman, OK
 
Hertz - Oklahoma City North HLE
(405) 773-7212
6605 N W Expressway
Oklahoma City, OK
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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.

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...

Click here to read the rest of this article from Lease Guide