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Trade Leased Car Bountiful UT

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 - Bountiful Collision
(801) 596-2670
730 West 500 South
West Bountiful, UT
Hours
Mo-Fr 0730-1730, 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.
Additional Information
This location is for insurance replacement rentals only.

Hertz - Salt Lake City International Airport
(801) 575-2683
775 North Terminal Drive
Salt Lake City, UT
Hours
0500-0200 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Prestige Service , Covered Return Center , Ski Equipped Vehicles
Additional Information
After Hours - After hour returns are allowed. The drop box is located at the Hertz Counter.

Enterprise Auto Rental
(801) 537-7433
76 N Terminal Dr
Lake, City, UT
 
Hertz - SLC Amtrak
(801) 575-2683
340 South 600 West
Salt Lake City, UT
Hours
0600-0100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Portable Phones , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Railroad - Cab fare is reimbursed to the Airport with receipt.

Enterprise Auto Rental
(801) 534-1622
43 S State St
Lake, City, UT
 
Hertz - Bountilful HLE
(801) 596-2670
995 North 400 East
North Salt Lake, UT
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., 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.

Hertz - Million Air
(801) 359-2085
303 North 2370 West
Salt Lake City, UT
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. Tail number/call letters required on reservation. Pickup or delivery service from the main terminal is not available.

Hertz - Jet Center South
(801) 575-2683
369 North 2370 West
Salt Lake City, UT
Hours
0600-0100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(801) 534-1888
404 S 300 W
Salt Lake City, UT

Data Provided by:
Hertz - Marriott Hotel
(801) 355-8427
75 South West Temple
Salt Lake City, UT
Hours
Mo-Fr 0800-1600, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After hour - After hour returns are allowed. Park vehicle on parking level 4 of the hotel parking garage. Record the return date and time, mileage, and tank level on rental agreement. Place the keys and rental agreement in the drop box located to the right of the Hertz office.

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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