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Trade Leased Car Cambridge MA

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 - 646 Somerville Avenue HLE
(617) 625-7958
646 Somerville Avenue
Somerville, MA
Hours
Mo-Fr 0800-1800, 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., 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. Do not lock keys in car. Fill out rental agreement and drop keys and rental agreement in the box provided.

Hertz - A to Z Auto Center HLE
(617) 232-1892
1686 Commonwealth Avenue
Brighton, MA
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.

Hertz - Allston Cambridge Street HLE
(617) 787-2894
414 Cambridge Street
Allston, MA
Hours
Mo-Fr 0800-1800, 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., 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. Place completed rental agreement and keys in the drop box provided.

Enterprise Auto Rental
(617) 738-6003
96 Commonwealth Avenue
Boston, MA
 
Hertz - 30 Park Plaza HLE
(617) 338-1500
30 Park Plaza
Boston, MA
Hours
Mo-Th 0700-1800, Fr 0700-1900, Sa 0700-1600, Su 0800-1700
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 , Ski Equipped Vehicles, 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
Located in the Motormart Parking Garage behind the Park Plaza Hotel. After Hours - After hour returns are allowed from 0700-2200. Return to the Hertz area from the Columbus Street entrance to the parking garage. Drop keys and contract in Express box by the office.

Budget Rent A Car
(617) 577-7606
20 Sidney St
Cambridge, MA

Data Provided by:
Hertz - Harvard Square
(617) 338-1520
24 Eliot Street
Cambridge, MA
Hours
Mo-Fr 0730-1600, Sa 0800-1600, Su 0900-1300.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles
Additional Information
Located across the street from the Charles Hotel on the corner of JFK and Eliot.

Enterprise Auto Rental
(617) 783-2240
92 Western Avenue
Brighton, MA
 
Enterprise Auto Rental
(617) 262-8222
Estin Copley Lobby
Boston, MA
 
Hertz - Sheraton Boston Hotel
(617) 338-1506
39 Dalton Street
Boston, MA
Hours
0800-1600 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System

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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