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Trade Leased Car Burley ID

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 Auto Rental
(208) 381-0650
201 Airport Way Ste 210
Boise, ID
 
U-Haul Company
(208) 463-1191
2593 2nd St S
Nampa, ID
 
Hertz - Magic Valley Regional Airport
(208) 733-2668
524 Airport Loop
Twin Falls, ID
Hours
Mo-Fr 0800-1900
Sa Closed
Su 0830-1830
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets commercial flights Monday thru Thursday if reservation is received at least 24 hours in advance. After hour returns are allowed during airports hours of operation only. Park the vehicle in the Hertz area. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located at the Hertz counter.

Enterprise Auto Rental
(208) 336-8777
608 Fairview Ave
Boise, ID
 
Hertz - Reeder Flying Service
(208) 733-2668
644 Airport Loop
Twin Falls, ID
Hours
Mo-Fr 0800-1900
Sa Closed
Su 0830-1830
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Truck and Van Rental

Hertz - Western Aircraft
(208) 383-3100
4444 West Aeronica Street
Boise, ID
Hours
0630-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hours returns are allowed. Park car in Hertz area, place keys and rental record in the drop box located at the end of the Hertz counter.

Hertz - Fanning Field Airport
(208) 529-3101
2140 North Skyline Drive
Idaho Falls, ID
Hours
0630-2330 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - Meets reservations if received during regular business hours. After hours returns are allowed. Place keys and rental record in the drop box located at the counter.

Affordable Auto Rental
(208) 467-3078
909 3rd St S
Nampa, ID
 
Hertz - Atlantic Aviation
(208) 788-4548
Highway 75 South Airport Way
Hailey, ID
Hours
0800-2230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles
Additional Information
This location is for Private Flights only. Commercial flight arrivals and walkins please use the Hailey Air Terminal location. After Hours - After hours returns are allowed. Park the vehicle in the Hertz area. Place keys and rental record in the drop box located outside of the location.

Hertz - The AV Center
(208) 234-2141
1483 Flightline
Pocatello, ID
Hours
Mo-Fr 0800-2300
Sa 0900-1830
Su 0900-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This locations is for private flights only. No walkins allowed.

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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