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Trade Leased Car Chickasha OK

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
(405) 721-7900
000 N Rockwell Ave
Oklahoma, City, OK
 
Hertz - 500 Southeast Washington HLE
(918) 333-1300
500 Southeast Washington
Bartlesville, OK
Hours
Mo-Fr 0800-1700, 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.

Enterprise Auto Rental
(918) 585-1609
00 E 2Nd St
Tulsa, OK
 
Hertz - Sundance Airpark
(405) 681-2343
12210 North Sara Road
Oklahoma City, OK
Hours
0800-1800 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(918) 270-4657
0104 E 51St St
Tulsa, OK
 
Hertz - Phillips Aviation Service
(918) 333-1300
2005 Wiley Post Road
Bartlesville, OK
Hours
Mo-Fr 0800-1700, Sa 0900-1200, Su Closed
Special Services
Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Conoco and Phillips employees flying in to this location only.

Aarons Sales & Lease Ownership
(405) 360-2155
2209 W Main St
Norman, OK
 
U-Haul Company
(405) 341-4258
168 E 33rd St
Edmond, OK
 
Hertz - 1319 Gateway Plaza HLE
(405) 733-7088
1319 Gateway Plaza
Midwest City, OK
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 , 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
Railroad - Please call upon arrival for pickup service.

Enterprise Auto Rental
(405) 685-8122
200 S Meridian Ave
Oklahoma, City, OK
 

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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