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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 - 1019 North Walton Blvd HLE
(479) 254-6886
1019 North Walton Blvd
Bentonville, AR
Hours
Mo-Fr 0800-1700
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 hour returns are allowed.

U-Haul Company
(479) 751-6212
806 Twin City Ave
Springdale, AR
 
Enterprise Auto Rental
(501) 537-2880
Airport Rd
Little, Rock, AR
 
Budget Rent A Car
(479) 646-6932
4701 Towson Ave
Fort Smith, AR

Data Provided by:
Enterprise Rent A Car
(479) 872-2217
702 S Thompson St Ste B
Springdale, AR
 
Enterprise Rent A Car
(479) 648-1117
1410 S Zero St
Fort Smith, AR
 
Enterprise Auto Rental
(501) 316-4141
9821 Interstate 30
Benton, AR
 
Hertz - North Little Rock HLE
(501) 833-9380
5500 Starita Drive
Sherwood, 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. Place keys and rental agreement in drop box by front door.

Auto Rental of Jonesboro
(870) 932-0221
3901 Lindbergh Dr
Jonesboro, AR
 
Hertz - Regional Jet Center
(479) 205-0388
12344 Tower Drive
Bentonville, AR
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

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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