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Understanding Car Lease Residuals Cocoa FL

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 - 396 Barton Blvd
(321) 632-5436
396 Barton Blvd
Rockledge, FL
Hours
Mo-Fr 0800-1700
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

Hertz - 8963 Astronaut Blvd HLE
(321) 783-7771
8963 Astronaut Blvd HLE
Cape Canaveral, FL
Hours
Mo-Fr 0730-1800
Sa-Su 0800-1600
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. Park vehicle in the Hertz area. Place the keys and rental record in the slot located at the window of the office building. Pier - Approximately 2 miles from the Cape Canaveral Pier. Shuttle service is available.

Hertz - Atlantic Jet Center
(321) 255-7111
1401 General Aviation
Melbourne, FL
Hours
Mo-Fr 0600-2200
Sa-Su 0700-2100
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service

Hertz - Columbia Air Service
(863) 683-2003
3900 Don Emerson Drive
Lakeland, FL
Hours
Mo-Fr 0700-1800,Sa 0900-1300,Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(904) 288-8560
0733 Philips Hwy
Jacksonville, FL
 
Enterprise Rent-A-Car
(321) 866-0324
6211 N Atlantic Ave
Cape Canaveral, FL

Data Provided by:
Hertz - 720 Falcon Avenue
(321) 783-2424
720 Falcon Avenue
Patrick AFB, FL
Hours
Mo-Fr 0900-1700
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Located on the military base, for authorized personnel only.

Hertz - Sanibel Service Center
(239) 395-4571
1015 Periwinkle Way
Sanibel, FL
Hours
Mo-Sa 0700-2000
Su 0800-2000
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , 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
Location located at the BP Gas Station.

Hertz - Caribe Royale Hotel
(407) 239-2502
8101 World Center Drive
Orlando, FL
Hours
0800-1800 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. 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 vehicle in the hotel parking. Place keys and rental record in the drop box located at the counter.

Hertz - Vandenberg Airport
(813) 626-1515
6582 Eureka Springs Road
Tampa, FL
Hours
Mo-Fr 0700-1800
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. After hours - After hours returns are 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...

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