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Understanding Car Lease Residuals Texarkana AR

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 - Municipal Airport HLE
(870) 773-1192
309 Airport Drive
Texarkana, AR
Hours
Mo-Fr 0830-2130
Sa 1000-1700
Su 1100-2130
Special Services
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. Park car in Hertz area, place keys and rental record in drop slot built into the counter. Bus - Approximately 5 miles from the bus station. Railroad - Approximately 5 miles from the railroad station.

National Car Rental
(479) 478-0376
6700 Mckennon Blvd
Fort Smith, AR
 
National Car Rental
(910) 485-2133
Fayetteville Airport
Fayetteville, AR
 
Enterprise Auto Rental
(501) 316-4141
9821 Interstate 30
Benton, AR
 
Penske Truck Rental
(479) 649-8513
23 N 11th St
Fort Smith, AR
 
Hertz - Jet Ride
(479) 444-6862
802 Airport Road
Springdale, AR
Hours
Mo-Fr 0730-1730
Sa 0830-1230
Su Closed
Special Services
Hand Controls for Disabled Drivers Only
Additional Information
After Hours - After hour returns are allowed. Complete check-in information on the front of the rental jacket. Place keys and rental jacket in the drop slot in the front door. This location was formerly known as 'Pinnacle Air Service'.

Hertz - Tac Air
(479) 649-0961
5300 Airport Boulevard
Fort Smith, AR
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Walkins are not allowed.

Auto Rental of Jonesboro
(870) 932-0221
3901 Lindbergh Dr
Jonesboro, AR
 
Budget Rent A Car
(479) 271-7394
815 SW 8th St
Bentonville, AR

Data Provided by:
Avis
(479) 452-5152
6700 Mckennon Blvd
Fort Smith, AR
 
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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