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Understanding Car Lease Residuals Twin Falls ID

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 - Reeder Flying Service
(208) 733-2668
644 Airport Loop
Twin Falls, ID
Hours
Mo-Fr 0800-1900
Sa Closed
Su 0830-1830
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Truck and Van Rental

U-Haul Company
(208) 463-1191
2593 2nd St S
Nampa, ID
 
Hertz - Magic Valley Regional Airport
(208) 733-2668
524 Airport Loop
Twin Falls, ID
Hours
Mo-Fr 0800-1900
Sa Closed
Su 0830-1830
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets commercial flights Monday thru Thursday if reservation is received at least 24 hours in advance. After hour returns are allowed during airports hours of operation only. Park the vehicle in the Hertz area. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located at the Hertz counter.

Enterprise Rent A Car
(208) 463-1222
407 Caldwell Blvd
Nampa, ID
 
Avis Rent A Car
(208) 468-7932
16019 Idaho Center Blvd
Nampa, ID
 
Hertz - Magic Valley Regional Airport
(208) 733-2668
524 Airport Loop
Twin Falls, ID
Hours
Mo-Fr 0800-1900
Sa Closed
Su 0830-1830
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets commercial flights Monday thru Thursday if reservation is received at least 24 hours in advance. After hour returns are allowed during airports hours of operation only. Park the vehicle in the Hertz area. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located at the Hertz counter.

Uts Nationalease
(208) 468-9401
915 E Karcher Rd
Nampa, ID
 
Enterprise Rent-A-Car
(208) 578-1156
1220 Airport Way
Hailey, ID

Data Provided by:
Penske Truck Rental
(208) 288-1827
103 N Broadmore Way
Nampa, ID
 
Dan Wiebold Ford
(866) 854-3061
5707 East Gate Blvd
Nampa, ID
 
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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