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Trade Leased Car Albany GA

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
(229) 889-9553
905 Newton Rd Ste 109
Albany, GA
 
Hertz - Landmark Aviation
(229) 435-1751
3905 Newton Road
Albany, GA
Hours
Su-Fr 0800-2130
Sa 0900-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Athens Chevrolet HLE
(706) 353-0411
2625 Atlanta Highway
Athens, GA
Hours
Mo-Fr 0800-1730
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.

Enterprise Rent-A-Car
(770) 420-3324
2395 Cobb Pkwy Nw
Kennesaw, GA

Data Provided by:
Hertz - Daniel Field
(706) 798-3970
2803 Wrightsboro Road
Augusta, GA
Hours
0900-2100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This is a seasonal location open April 1 through 15. This location is for Private Flights only. Bus - Approximately 9 miles from the bus station.

Hertz - Municipal Airport
(229) 435-1751
3905 Newton Road
Albany, GA
Hours
Mo-Fr 0800-2130
Sa 0900-1700
Su 0800-2130
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.
Additional Information
After Hours - After hour returns are allowed 0500-0030. Park the vehicle in the Hertz area. Place the keys and rental agreement in the drop box located at the Hertz counter. Bus - Approximately 4 miles from the bus station. Pickup and return service is available, please call upon arrival.

Enterprise Auto Rental
(912) 925-0060
505 Abercorn St
Savannah, GA
 
Enterprise Rent-A-Car
(770) 982-1940
4182 Stone Mountain Hwy
Lilburn, GA

Data Provided by:
Enterprise Auto Rental
(912) 964-0171
52 Airways Ave
Savannah, GA
 
Hertz - 4354 North Valdosta Road HLE
(229) 242-7070
4354 North Valdosta Road
Valdosta, GA
Hours
Mo-Fr 0830-1730
Sa-Su 1000-1800
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , 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.

Data Provided by:

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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