Auto Leasing Guide
Go to LeaseGuide.com now !

Understanding Car Lease Residuals West Des Moines IA

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
(515) 457-8989
409 Fuller Rd
Des, Moines, IA
 
Enterprise Rent-A-Car
(515) 252-8800
2551 100th St
Des Moines, IA

Data Provided by:
Hertz - 2737100th Street HLE
(515) 276-1177
2737 100th Street
Urbandale, IA
Hours
Mo 0700-1730
Tu-Fr 0730-1730
Sa 0900-1200
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. In-Car Navigation System , 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 on the east side of the building. Leave keys and contract in the drop box located on the front of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Stew Hansen Hertz HLE
(515) 276-1177
12103 Hickman Road
Urbandale, IA
Hours
Mo-Fr 0730-1730
Sa 0800-1200
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.

Hertz - Elliott Aviation
(515) 285-9650
2800 McKinley Avenue
Des Moines, IA
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Call letters or tail number of aircraft required on reservation. Radio frequency ARINC 130.57, UNICOM 122.95. This location is for private flights only.

Hertz - John Deere I Vesta
(515) 276-1177
11369 Aurora Avenue
Urbandale, IA
Hours
Mo-Fr 0600-1800
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for John Deere company use only. After Hours - After hour returns are allowed.

Enterprise Auto Rental
(515) 252-8800
551 100Th St.
Urbandale, IA
 
Enterprise Auto Rental
(515) 252-8800
999 Hickman Rd
Des, Moines, IA
 
Hertz - Meredith Hangar
(515) 285-9650
2602 McKinley Avenue
Des Moines, IA
Hours
Su-Fr 0700-1900
Sa 0700-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for private flights. After Hours - After hour returns are allowed. Please leave the keys and rental record with the security guard.

Hertz - Signature Flight Support
(515) 256-5330
5400 Fleur Drive
Des Moines, IA
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

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...

Click here to read the rest of this article from Lease Guide