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Trade Leased Car Bainbridge Island WA

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 - Ballard HLE
(206) 706-2543
1553 Northwest Leary Way
Seattle, WA
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., 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 Auto Rental
(206) 382-1051
116 Westlake Avenue
Seattle, WA
 
Hertz - Seattle Downtown HLE
(206) 903-6260
1501 8th Avenue
Seattle, WA
Hours
Mo-Fr 0700-1800, Sa-Su 0800-1600
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. In-Car Navigation System , Gold Counter Service
Additional Information
This location is at the corner of 8th and Pike Streets, directly across the street from the Washington State Convention Center in the Hyatt Hotel. After Hours - After Hour returns are allowed. Drop Box is located in the return area near the Hertz counter. Please record the date, time, gas and mileage on the express return card or RA jacket. Lock the car and place the express return card or RA jacket, and car keys in the drop box. Pier - Approximately 1 mile from the piers on the waterfront.

Hertz - Burien Chevrolet HLE
(206) 241-4726
14400 1st Avenue South
Burien, WA
Hours
Mo-Fr 0800-1600, 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
This location is inside the Burien Chevrolet Service Center.

Enterprise Auto Rental
(206) 933-1750
313 35Th Ave Sw
Seattle, WA
 
Enterprise Auto Rental
(206) 783-5565
301 15Th Avenue N.W.
Seattle, WA
 
Firestone Complete Auto Care
(206) 622-8300
400 Westlake Ave.
Seattle, WA
 
Hertz - Amtrak Seattle
(206) 903-6260
303 South Jackson Street
Seattle, WA
Hours
Mo-Fr 0700-1800, Sa-Su 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - cab fare to the Seattle/Tacoma Airport will be reimbursed up to $20.00 with receipt.

Hertz - 4th Avenue Sodo HLE
(206) 767-8422
5055 4th Avenue South
Seattle, WA
Hours
Mo-Fr 0730-1700, Sa 0800-1300, 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. In-Car Navigation System , 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 Auto Rental
(206) 323-0109
605 Boylston Ave
Seattle, WA
 

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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