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Understanding Car Lease Residuals Wasilla AK

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 Rent-A-Car
(907) 373-2080
4535 E Greenstreet Cir # 1
Wasilla, AK

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Enterprise Rent-A-Car
(907) 373-2080
4535 E Greenstreet Cir # 1
Wasilla, AK

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Enterprise Auto Rental
(907) 248-5526
940 W Intl Airport Rd
Anchorage, AK
 
Alamo Car Rental
(907) 789-4814
1873 Shell Simmons Dr
Juneau, AK
 
National Car & Truck Rental
(907) 451-7368
4960 Dale Rd
Fairbanks, AK

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Hertz - Juneau Municipal Airport
(907) 789-9494
1873 Shell Simmons Drive
Juneau, AK
Hours
0630-2200 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
After Hours - After hour returns are allowed. Park the vehicle in a Hertz stall. Place keys and rental record in the drop box located at the Hertz counter. Pier - Approximately 5 miles from the pier. Cab fare will be reimbursed up to $20.00 with receipt.

Hertz - Fairbanks International Airport
(907) 452-4444
6450 Airport Way
Fairbanks, AK
Hours
0630-0100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park vehicle in a Hertz stall, place keys and rental agreement in the drop box, located at the Hertz counter. Railroad - Approximately 8 miles from the railroad station. Cab fare will be reimbursed with receipt. Bus - Approximately 10 blocks to the bus station. Pickup service is available 0800-1700. Please call upon arrival to arrange for pickup service.

Hertz - 600 Port Avenue
(907) 224-4378
600 Port Avenue
Seward, AK
Hours
0800-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets reservations up to 2100 if received during regular business hours. After hour returns are allowed. Park vehicle in the Hertz area, place keys and rental record in the drop box located next to the door on the window. Pier - Approximately 1/4 mile from the cruise ship terminal. Pickup service is available. Please call upon arrival.

Hertz - Million Air
(907) 248-4422
6160 Carl Brady Drive
Anchorage, AK
Hours
0530-0230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Mendenhall Auto Center
(907) 789-1386
8725 Mallard St
Juneau, AK
 
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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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