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Trade Leased Car Columbus NE

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 Rent-A-Car
(402) 564-0022
917 23rd St
Columbus, NE

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Columbus Auto Mart
(402) 564-4952
2817 13TH St
Columbus, NE

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Enterprise Auto Rental
(402) 474-0179
400 W Adams St Ste 101
Lincoln, NE
 
Enterprise Auto Rental
(402) 896-3131
110 S 145Th St
Omaha, NE
 
Hertz - Nebraska City Municipal Airport
(402) 731-2970
972 South 64 Road
Nebraska City, NE
Hours
Mo-Fr 0800-1600, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Columbus Municipal Airport
(402) 289-5034
2765 14th Avenue
Columbus, NE
Hours
Mo-Fr 0800-1600, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flight arrivals only.

Enterprise Auto Rental
(402) 344-3280
501 Abbott Drive
Omaha, NE
 
Hertz - Lincoln Municipal Airport
(402) 474-4079
2400 West Adams Street
Lincoln, NE
Hours
Mo-Fr 0730-2300, Sa 0800-2230, Su 0800-2300
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
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the Hertz area, then place the keys and rental agreement in the drop box, located at the Hertz counter.

Hertz - Duncan Aviation
(402) 474-4079
3701 Aviation Road
Lincoln, NE
Hours
Mo-Fr 0730-2330, Sa 0800-2230, Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Silverhawk Aviation
(402) 474-4079
1751 West Kearney Street
Lincoln, NE
Hours
Mo-Fr 0730-2330, Sa 0800-2230, Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

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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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