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Trade Leased Car Arkadelphia AR

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 - Arkansas Aircraft HLE
(870) 932-0221
3901 Lindbergh Drive
Jonesboro, AR
Hours
Mo-Fr 0730-1530
Sa-Su Closed
Special Services
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.
Additional Information
After Hours - After hours returns are allowed 2000-0600. Park car in the Hertz area, place keys and rental record in drop box located at counter. Bus - Approximately 4 miles from the bus station. Pickup service is available or cab fare will be reimbursed with receipt. Please call upon arrival.

Hertz - 10500 West Markham HLE
(501) 492-5530
10500 West Markham
Little Rock, AR
Hours
Mo-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
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.
Additional Information
After Hours - After hour returns are allowed.

National Car Rental
(910) 485-2133
Fayetteville Airport
Fayetteville, AR
 
Alamo Rent A Car
(910) 485-2134
Fayetteville Airport
Fayetteville, AR
 
U-Haul Company
(870) 425-9115
3109 Commerce Dr
Jonesboro, AR
 
Hertz - Municipal Airport HLE
(870) 773-1192
309 Airport Drive
Texarkana, AR
Hours
Mo-Fr 0830-2130
Sa 1000-1700
Su 1100-2130
Special Services
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 car in Hertz area, place keys and rental record in drop slot built into the counter. Bus - Approximately 5 miles from the bus station. Railroad - Approximately 5 miles from the railroad station.

Budget Rent A Car
(479) 271-7394
815 SW 8th St
Bentonville, AR

Data Provided by:
U-Haul Company
(870) 932-0320
1700 Stadium Blvd
Jonesboro, AR
 
Enterprise Rent-A-Car
(501) 843-8110
2796 S 2nd St # B
Cabot, AR

Data Provided by:
Budget Rent A Car
(479) 521-5944
2325 Shady Grove Rd
Springdale, AR
 
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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