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Understanding Car Lease Residuals Deerfield Beach 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.

Warricks Rent A Car
(954) 360-0667
1997 NE 2nd St
Deerfield Beach, FL
 
Enterprise Rent A Car
(954) 725-4192
1701 W Hillsboro Blvd
Deerfield Beach, FL
 
U-Haul Company
(954) 596-2759
415 S Federal Hwy
Deerfield Beach, FL
 
Tri-Rail
(954) 788-7937
800 NW 33rd St.
Pompano Beach, FL
 
Hertz - Pompano North HLE
(954) 480-8510
5001 North Federal Highway
Pompano Beach, FL
Hours
Mo-Fr 0800-1800
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., 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.

Avis Rent A Car
(954) 427-1108
766 Rich Dr
Deerfield Beach, FL
 
Hertz Penske Truck Rental
(954) 428-6456
3350 SW 10th St
Deerfield Beach, FL
 
Hertz - Marriott Boca Center
(561) 392-9082
5150 Town Center Circle
Boca Raton, FL
Hours
Mo-Sa 0930-1600,Su 0930-1400.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests Only.

Hertz - Landrover of Fort Lauderdale
(954) 946-3067
400 West Copans Road
Ft Lauderdale, FL
Hours
Mo-Fr 0800-1700,Sa 0900-1200,Su Closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Rent-A-Car
(954) 786-0222
2831 N Federal Hwy
Pompano Beach, FL

Data Provided by:
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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