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Trade Leased Car Bethel CT

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.

Budget Rent A Car
(203) 797-0567
92 Federal Rd
Danbury, CT

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Enterprise Rent-A-Car
(203) 797-9505
9 South St
Danbury, CT

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Enterprise Rent-A-Car
(845) 278-0211
1600 Route 22
Brewster, NY

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Hertz - Keystone Aviation
(203) 743-6773
288 Christian Street
Oxford, CT
Hours
Mo-Fr 0800-1800
Sa-Su 0900-1400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Hertz - General Electric Delivery Location
(203) 225-0448
2 Corporate Drive
Shelton, CT
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for General Electric employees only.

Hertz - 1 Tooley Lane HLE
(203) 743-6773
1 Tooley Lane
Danbury, CT
Hours
Mo-Fr 0730-1800
Sa 0900-1200
Su 0900-1600
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 , 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 the Hertz area, then place the keys and rental agreement in the slot on the wall, inside the first door of the building. Railroad - Approximately 3 miles from Amtrak Station. Cab fare will be reimbursed up to $20.00 with receipt. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Praxair Inc
(203) 743-6773
39 Old Ridgebury Road
Danbury, CT
Hours
Mo-Fr 0800-1700
Sa 0900-1300
Su 0900-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for employees and subsidiaries of Praxair, Liquid Carbonic and C.B.I. only.

Hertz - Patterson Auto Body HLE
(845) 878-3456
2597 Route 22
Patterson, NY
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. In-Car Navigation System , 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.

Hertz - General Electric Delivery Location
(203) 373-3541
3135 Easton Turnpike
Fairfield, CT
Hours
Mo-Fr 0830-1700
Sa-Su 0900-1500
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for General Electric employees only.

Hertz - 350 Bridgeport Avenue HLE
(203) 225-0448
350 Bridgeport Avenue
Shelton, CT
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. In-Car Navigation System , 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.

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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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