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Trade Leased Car Booneville MS

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.

Enterprise Rent-A-Car
(601) 932-5824
101 Howard Wilson Dr
Flowood, MS

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Enterprise Rent-A-Car
(228) 865-0234
14035 Airport Rd
Gulfport, MS

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Hertz - Laurel Airport
(601) 544-4914
707 Warehouse Drive
Laurel, MS
Hours
Mo-Fr 0900-1700, Sa-Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Hertz - Southaven ABA HLE
(662) 349-1977
7260 Airways Boulevard
Southaven, MS
Hours
Mo-Fr 0900-1700, 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., 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 temporarily closed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Advance Collision Agency HLE
(662) 429-8992
1473 Highway 51 South
Hernando, MS
Hours
Mo-Fr 1000-1600, 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
After Hours - After hour returns are allowed. Record the return date and time, mileage, and tank level on rental agreement jacket. Place the keys and rental agreement in the drop box located by the front door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Meridian Aviation
(601) 485-4774
Highway 11 South
Meridian, MS
Hours
Mo-Fr 0800-2100, Sa 1000-1600, Su 1300-2100
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Greenville Airport
(662) 332-4021
166 Fifth Avenue
Greenville, MS
Hours
Mo-Fr 0800-2030, Sa 0900-1500, Su 1400-2030
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
Additional Information
After Hours - Meets late flights on Saturdays.

Hertz - Tupelo Aero
(662) 680-9482
121 Lemmons Drive
Tupelo, MS
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Ratliff Air Service
(662) 327-5121
1900 Airport Road
Columbus, MS
Hours
Mo-Fr 0930-2000, Sa 1030-1700, Su 0800-2000
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for private flights only. No walkins permitted.

Hertz - Atlantic Aviation
(601) 939-5312
110 South Hanger Drive
Jackson, MS
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
Formerly known as Mercury Air. This location is for Private Flights only.

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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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