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Understanding Car Lease Residuals Topeka KS

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.

Enterprise Auto Rental
(785) 267-0550
13 S.W. Croix
Topeka, KS
 
Hertz - 2861 South Kansas Avenue HLE
(785) 267-4468
2861 South Kansas Avenue
Topeka, KS
Hours
Mo-Fr 0730-1730
Sa 0800-1300
Su Closed
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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Kansas Air Center
(785) 267-4468
3600 Northeast Sardou Avenue
Topeka, KS
Hours
Mo-Fr 0800-1730
Sa-Su Closed
Special Services
Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. After Hours - Meets reservations Saturdays 0800-1300 and Sundays 0900-1600.

Hertz - Hays Regional Airport
(785) 623-4116
3950 East 8th Street
Hays, KS
Hours
Mo-Fr 0730-1730
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in a Hertz designated stall. Record the return date and time, mileage, and tank level on the rental agreement. Leave the keys and rental agreement in the drop box located outside next to parking area.

Hertz - Overland Park North HLE
(913) 341-1782
8130 Metcalf Avenue
Overland Park, KS
Hours
Mo-Fr 0700-1800
Sa 0900-1400
Su 1100-1400
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.
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
(785) 233-0200
33 Sw Topeka Blvd
Topeka, KS
 
Enterprise Auto Rental
(785) 233-0200
00 Sw Van Buren St
Topeka, KS
 
Hertz - Million Air
(785) 267-4468
Forbes Field
Topeka, KS
Hours
0600-2200 7 Days
Special Services
Hand Controls for Disabled Drivers Only

Hertz - Air Associates FBO
(913) 390-6114
12877 West 151st Street
Olathe, KS
Hours
Mo-Fr 0800-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Newton Airport Metro Flight Support
(316) 284-6084
810 North Oliver
Newton, KS
Hours
0700-2100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets Amtrak arrivals. Railroad - Approximately 5 miles from the Amtrak station. Please call location directly to arrange for delivery service.

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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