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Understanding Car Lease Residuals Toledo OH

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 - 5551 West Central Avenue HLE
(419) 537-8847
5551 West Central Avenue
Toledo, OH
Hours
Mo-Fr 0700-1800, Sa 0900-1300, 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., 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 - Crew Executive Air
(419) 866-3400
28331 Lemoyne Road
Millbury, OH
Hours
Mo-Fr 0630-0030, Sa 0800-2000, Su 0800-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Owens Brockway
(419) 866-3400
25875 U. S. Route
Toledo, OH
Hours
Mo-Fr 0630-2230, Sa 0800-1800, Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Owens Brockway employees only.

Hertz - Grand Aire Operations
(419) 866-3400
11777 Airport Highway
Swanton, OH
Hours
Mo-Fr 0630-0100, Sa 0800-2000, Su 0800-0100
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Toledo Air Associates
(419) 866-3400
11371 West Airport Road
Toledo, OH
Hours
Mo-Fr 0630-2230, Sa 0800-1800, Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Sylvania White HLE
(419) 824-6358
5328 West Alexis
Sylvania, OH
Hours
Mo-Fr 0700-1800, 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., 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 - National Flight Service
(419) 866-3400
10971 East Airport Road
Toledo, OH
Hours
Mo-Fr 0630-2230, Sa 0800-1800, Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Dana Corporation
(419) 866-3400
11451 West Airport
Toledo, OH
Hours
Mo-Fr 0630-2400, Sa 0900-1700, Su 0900-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Dana Corporation employees only.

Hertz - Toledo Express Airport
(419) 866-3400
11013 Airport Highway
Toledo, OH
Hours
Mo-Fr 0630-2230, Sa 0800-1800, Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets scheduled commercial flights Sunday through Friday if reservation is received during regular business hours. Railroad - Approximately 20 miles from the railroad station. Pickup service may be available, please call upon arrival. If shuttle is not available, cab fare will be reimbursed up to $25.00 with receipt.

Hertz - 15457 Dixie Highway HLE
(734) 241-4163
15457 Dixie Highway
Monroe, MI
Hours
Mo-Fr 0730-1800, 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., 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.

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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