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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:
Enterprise Auto Rental
(317) 299-6637
908 North Georgetown Road
Indianapolis, IN
 
Hertz - Evansville Regional Airport
(812) 425-7141
7801 Bussing Drive
Evansville, IN
Hours
Mo-Sa 0700-2230
Su 0800-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed during the airport's hours of operation. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter. Bus - approximately 8 miles from the bus station. Taxi fare will be reimbursed up to $15.00 with receipt.

Hertz - Million Air
(317) 243-9321
6821 Pierson Drive
Indianapolis, IN
Hours
24 Hours 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., Gold Counter Service
Additional Information
Previously known as Hawker Beechcraft

Hertz - South Bend Regional Airport
(574) 234-3712
4639 Progress Drive
South Bend, IN
Hours
Mo-Fr 0800-2400
Sa 0800-2000
Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After hours - After hours returns are allowed Mo-Fr 0500-0630, Sa 0500-0800 and 2300-2400, Su 0500-0800. Park car in the Hertz area, place the keys and rental record in the Drop Box located on the Hertz counter.

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.

Hertz - Signature Flight Support
(317) 248-4932
6390 Turner Drive
Indianapolis, IN
Hours
0700-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. All reservations require private flight arrival, even for customers arriving by private plane on a previous day.

Enterprise Rent-A-Car
(219) 985-1593
3790 Grant St
Gary, IN

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Hertz - 695 South State Road 135 HLE
(317) 883-2954
695 South State Road 135
Greenwood, IN
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., 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. Enter gas level, date/time/mileage at return. Drop the completed contract and keys in the slot in the overhead garage door located on the west side of the building, left of the entrance. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Mt Comfort Airport
(317) 353-2173
3867 Aviation Way
Greenfield, IN
Hours
Mo-Fr 0700-1800
Sa 0700-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
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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