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Trade Leased Car Clinton IA

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 - 3400 South Expressway HLE
(712) 366-0400
3400 South Expressway
Council Bluffs, IA
Hours
Mo-Fr 0700-1800
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.
Additional Information
After Hours - After hour returns are allowed. Park vehicle on the west side of the building. Place rental record and keys in drop box located on the west side of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(319) 366-5522
121 Arthur Collins Pkwy Sw#14
Cedar, Rapids, IA
 
Hertz - Newton Municipal Airport
(515) 285-1382
2201 South 20th Avenue
Newton, IA
Hours
Mo-Fr 0800-1800
Sa-Su Closed
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. No walkins allowed.

Enterprise Auto Rental
(319) 362-7000
200 16Th Ave Sw Ste B
Cedar, Rapids, IA
 
Hertz - Fort Dodge Airport HLE
(515) 955-6375
1639 Nelson Avenue
Fort Dodge, IA
Hours
Mo-Fr 0730-1730
Sa Closed
Su 1400-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After hours - Meets scheduled flights if reservation is received during regular business hours. After hour returns are allowed. Park vehicle in Hertz parking. Place keys and rental record in the drop box located at the counter. If outside terminal hours, use the drop box located underneath canopy outside the airport entrance. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Signature Flight Support
(515) 256-5330
5400 Fleur Drive
Des Moines, IA
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

U-Haul Company
(319) 232-3654
3633 University Ave
Waterloo, IA
 
Penske Truck Rental
(319) 273-8026
1923 E Mitchell Ave
Waterloo, IA
 
Enterprise Rent-A-Car
(641) 423-8300
2740 4th St Sw
Mason City, IA

Data Provided by:
Hertz - Meredith Corporation
(515) 276-1177
1716 Locust Street
Des Moines, IA
Hours
Mo-Fr 0730-1730
Sa 0800-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is Meredith Corporation use only. After Hours - After hour returns are allowed. Leave the keys and the contract with the security guard.

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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