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Understanding Car Lease Residuals Terre Haute IN

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.

Budget Rent A Car
(812) 238-9963
2629 S 3rd St
Terre Haute, IN

Data Provided by:
Budget Rent A Car
(317) 635-4277
301 N Illinois St
Indianapolis, IN

Data Provided by:
Rent A Car
(317) 845-1868
11650 Lantern Rd
Fishers, IN
 
U-Haul Company
(219) 852-0793
4344 Hohman Ave
Hammond, IN
 
Enterprise Auto Rental
(317) 706-0359
0101 N Meridian St
Indianapolis, IN
 
Hertz - 2919 South 3rd Place HLE
(812) 232-3762
2919 South 3rd Place
Terre Haute, IN
Hours
Mo-Fr 0800-1800
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., 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(317) 632-2214
115 West 16Th Street
Indianapolis, IN
 
U-Haul Company
(219) 844-7149
6331 Indianapolis Blvd
Hammond, IN
 
Hertz - Gary Jet Center
(708) 596-1857
5401 Industrial Highway
Gary, IN
Hours
Mo-Fr 0800-1800
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. All reservations require a valid flight number.

Hertz - Aviation Charter Services
6551 Pierson Drive
Indianapolis, IN
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

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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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