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Trade Leased Car Conover 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 - Riverhawk Aviation
(828) 328-6499
3103 9th Avenue Drive Northwest
Hickory, NC
Hours
Mo-Fr 0730-1800, Sa Closed, Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. After Hours - Meets flights on Saturday if reservation is received prior to close on Friday.

Hertz - 840 US Highway 70 SE HLE
(828) 328-4499
840 US Highway 70 SE
Hickory, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Statesville Municipal Airport
(704) 359-0114
238 Airport Road
Statesville, NC
Hours
Mo-Fr 0500-0030, Sa 0500-2300, Su 0500-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No wallkins allowed. Located approximately 50 minutes from the Charlotte Douglas International Airport.

Enterprise Auto Rental
(919) 840-9555
008 Rental Car Dr
Rdu, Airport, NC
 
Budget Rent A Car
(252) 537-2432
1228 Roanoke Ave
Roanoke Rapids, NC

Data Provided by:
Hertz - Hickory Regional Airport HLE
(828) 328-6499
3101 9th Avenue Drive N.W.
Hickory, NC
Hours
Mo-Fr 0730-1800, Sa Closed, Su 0900-1300
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 - Meets flights on Saturday if reservation is received prior to close on Friday. After hour returns are allowed. Park car in Hertz area, place keys and contract with mileage and time in drop box located outside the airport doors. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 1634 North Highway 16 HLE
(704) 966-0742
1634 North Highway 16
Denver, NC
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., 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
This location is temporarily closed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(704) 662-3484
105 Commons Dr # J
Mooresville, NC

Data Provided by:
Enterprise Auto Rental
(336) 482-2602
725-A High Point Rd
Greensboro, NC
 
Vanguard Car Rental
(904) 741-4127
2030 Rental Car Ln
Jacksonville, 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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