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Understanding Car Lease Residuals Miami Lakes 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 - Marriott Courtyard Miramar
(954) 430-0600
14500 Southwest 29th Street
Miramar, FL
Hours
Mo-Fr 0800-1800,Sa 0900-1400,Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only.

Hertz - Pembroke Pines West HLE
(954) 430-0600
15809 Pines Boulevard
Pembroke Pines, FL
Hours
Mo-Fr 0800-1800
Sa 0900-1400
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., 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 - Marriott Villas of Doral
(305) 436-5885
4101 Northwest 87th Avenue
Miami, FL
Hours
Mo-Fr 0830-1730
Sa 0930-1330
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Hotel Guests Only.

Hertz - Doral Resort
(786) 331-9615
4400 Northwest 87th Avenue
Miami, FL
Hours
Mo-Fr 0830-1730
Sa-Su 0900-1400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only.

Hertz - Miami Lakes HLE
(305) 626-4683
16525 N W 57 Avenue
Miami, FL
Hours
Mo-Fr 0730-1800,Sa 0900-1400,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.

Enterprise Rent-A-Car
(954) 843-0518
16150 Pines Blvd
Pembroke Pines, FL

Data Provided by:
Enterprise Rent-A-Car
(954) 450-4229
18245 Pines Blvd
Pembroke Pines, FL

Data Provided by:
Enterprise Rent-A-Car
(305) 594-2250
9831 NW 58th St
Doral, FL

Data Provided by:
Cedar Roc INC.
(727) 242-6812
12600 NW
Miami, FL
Hours
24 hrs service
Special Services
Around the clock service

Hertz - Hialeah HLE
(305) 818-5676
1290 West 49 Street
Miami, FL
Hours
Mo-Fr 0700-1800
Sa 0900-1400
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.

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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