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Trade Leased Car Aiken SC

Trading a leased car is not quite the same as trading a car that has been purchased, even those purchased with a loan. There are differences that often make it not feasible, even though it might not be obvious at first glance.

Enterprise Auto Rental
(706) 722-2407
202 Walton Way
Augusta, GA
 
Enterprise Auto Rental
(706) 828-5757
323 Broad Street
Augusta, GA
 
Hertz - Garners Ferry Road HLE
(803) 695-0179
7356 Garners Ferry Road
Columbia, SC
Hours
Mo-Fr 0730-1800, 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.
Additional Information
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Sonoco
(843) 662-7930
1 North Second Street
Hartsville, SC
Hours
Mo-Fr 0730-1200 and 1300-1530, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Sonoco Employees only. The Hertz counter is located in the blue building next to Security Gate 2. After Hours - After Hour reservations are allowed. Monday - Friday reservations must be received during regular business hours. Saturday - Sunday reservations must be received by 1400 on previous Friday. Vehicle may be picked up from the gate guard. After hour returns are allowed.

Avis Rent A Car
(843) 572-3190
7801 Rivers Ave
North Charleston, SC
 
Hertz - Kendricks Collision HLE
(706) 722-7741
1371 Broad Street
Augusta, GA
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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(843) 626-4277
377 Hwy 501
Myrtle, Beach, SC
 
Enterprise Auto Rental
(803) 419-4319
0249 Two Notch Rd
Columbia, SC
 
Rent A Wreck
(843) 769-7325
444 Savannah Hwy
Charleston, SC
 
Enterprise Auto Rental
(843) 361-4410
401 Highway 17 S
Myrtle, Beac, SC
 

Trade Leased Car

You are leasing a car and are considering buying or leasing another car. Is it a good idea to trade a leased car before the old lease is finished โ€“ or is it better to wait until lease-end to trade โ€“ or neither?

Trading a leased car is not quite the same as trading a car that has been purchased, even those purchased with a loan.

There are differences that often make it not feasible, even though it might not be obvious at first glance.

Let's review some leasing basics first
When leasing, you don't own the vehicle. You also don't build up any ownership equity unless you made a very large down payment or had a valuable trade-in at the beginning of the lease.

This means, for most leases, your payments never quite keep up with the ever-increasing depreciated value of the vehicle โ€” you are always "upside down." Even at the end of the lease, the actual market value of the vehicle will usually be less than the residual, or purchase option, value.

Therefore, you have nothing to trade to a dealer for a new vehicle. You have no "equity."

The exception, again, would be if either your early payoff amount (get it from your lease company) or the sum of remaining payments is less than the market value, or trade-in value, of your vehicle. You can check trade-in values at www.kbb.com or www.nadaguides.com. The way that this might happen is if you had made a large down payment (cap cost reduction) at the beginning...

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