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Trade Leased Car Concord NC

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 - Concord Embassy Suites HLE
(704) 455-3854
5400 John Q Hammon Drive
Concord, NC
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., 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
Located at I-85 and Speeway Blvd. After hour - After hour returns are allowed. Park the vehicle in any available hotel parking spot. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the rental agreement and keys with front desk personnel. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Concord Airport
(704) 782-1115
9000 Aviation Avenue
Concord, NC
Hours
Mo-Fr 0730-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Record the date, time, mileage, and tank level on rental record jacket. Leave the keys and contract at the airport counter with authorized airport personnel.

Hertz - North Tryon HLE
(704) 509-1732
6116 North Tryon Street
Charlotte, NC
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., 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. Record the turn date and time, mileage and tank level on Rental Agreement jacket. Park the vehicle in a Hertz designated stall. Leave the keys and rental agreement in the drop box located to the right of the door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Carolina Rent A Car
(704) 596-6008
6408 N Tryon St
Charlotte, NC
 
Hertz - North Charlotte Toyota HLE
(704) 948-9350
13429 Statesville
Huntersville, NC
Hours
Mo-Fr 0730-1800, 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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 640 Concord Parkway North HLE
(704) 782-1115
640 Concord Parkway North
Concord, NC
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., 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 near the front of the office. Record the returnd date, time, mileage and tank level on rental agreement jacket. Please lock the car and leave the keys and rental agreement in drop box located on the far left side of the front of the office. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(704) 688-6580
8629 J M Keynes Dr
Charlotte, NC

Data Provided by:
Enterprise Auto Rental
(704) 598-3150
424 Old Statesville Rd. #500
Charlotte, NC
 
Enterprise Rent-A-Car
(704) 766-1545
531 Huntersville Gateway Blvd
Huntersville, NC

Data Provided by:
Enterprise Auto Rental
(704) 531-2099
100 E Independence Blvd
Charlotte, NC
 
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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