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Trade Leased Car Albemarle NC

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.

Hertz - South Charlotte HLE
(704) 553-8989
9218 South Boulevard
Charlotte, NC
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
After Hours - After hour returns are allowed. Park the vehicle in front of the security gate near the entrance. The drop box is located to the left of the entry doors. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(910) 350-0435
911 Market St
Wilmington, NC
 
Enterprise Auto Rental
(704) 535-1550
619 N Sharon Amity Road
Charlotte, NC
 
Enterprise Rent-A-Car
(704) 825-5604
6436 W Wilkinson Blvd
Belmont, NC

Data Provided by:
Hertz - Monroe Airport
(704) 226-8905
3900 Paul J Helms
Monroe, NC
Hours
Mo-Fr 0500-0030, Sa 0500-2300, Su 0500-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(704) 552-7704
6030 Piedmont Row Dr S
Charlotte, NC

Data Provided by:
Enterprise Rent-A-Car
(704) 535-1550
2619 N Sharon Amity Rd
Charlotte, NC

Data Provided by:
Hertz - Uptown Charlotte HLE at Doubletree Hotel
(704) 444-2746
895 West Trade Street
Charlotte, NC
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
Located at the Doubletree Hotel at Gateway Village. After Hours - After hour returns are allowed. Park the vehicle in the Hertz designated stalls located in the parking deck. The drop box is located beside the garage door entrance to the hotel. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Vanguard Car Rental
(904) 741-4127
2030 Rental Car Ln
Jacksonville, NC
 
Enterprise Rent-A-Car
(910) 488-0684
3726 Ramsey St
Fayetteville, NC

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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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