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Trade Leased Car Crowley LA

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 - West Congress HLE
(337) 233-2313
2429 West Congress
Lafayette, LA
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. 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(225) 925-0092
787 Florida Blvd.
Baton, Rouge, LA
 
Hertz - Paul Fournet Air Service
(337) 233-7010
118 John Glenn Drive
Lafayette, LA
Hours
Mo-Fr 0700-2200, Sa-Su 0800-2200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Auto Rental
(504) 468-3018
600 Airline Dr
Kenner, LA
 
Enterprise Rent-A-Car
(225) 744-0097
37460 Ultima Plaza Blvd
Prairieville, LA

Data Provided by:
Enterprise Auto Rental
(337) 993-8444
879-B Johnston St
Lafayette, LA
 
Hertz - Lafayette Regional Airport
(337) 233-7010
200 Terminal Drive
Lafayette, LA
Hours
Mo-Fr 0730-2230, Sa 1000-2130, Su 0830-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Portable Phones , Gold Counter Service
Additional Information
After Hours - Meets flight CO3040 arriving at 2349 if reservation is received during regular business hours. After hour returns are allowed. Park vehicle in a Hertz stall directly in front of the terminal. Note ending mileage and fuel level on the contract and place with the keys in the drop box located at the counter. Bus - Approximately 3.5 miles from the bus station. Cab fare will be reimbursed up to $20.00 with receipt.

Enterprise Auto Rental
(504) 241-6266
801 Downman Road
New, Orleans, LA
 
Enterprise Auto Rental
(504) 522-7900
939 Canal Street
New, Orleans, LA
 
Hertz - Westbank HLE
(504) 227-0332
1950 Manhattan Boulevard
Harvey, LA
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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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