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Trade Leased Car Dumont NJ

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 - 375 River Street HLE
(201) 342-2375
375 River Street
Hackensack, NJ
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., 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 - 583 Broadway HLE
(201) 664-3606
583 Broadway
Westwood, NJ
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., 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.

Apollo Rent A Car
(201) 880-1616
31 Fairview Ave
Bogota, NJ
Additional Information
Corporate accounts available
Hours
8am - 7pm

Hertz - Signature Flight Support
(201) 288-1880
401 Industrial Avenue
Teterboro, NJ
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Rentals and Returns are only for inbound and outbound passengers or crew. Tail number required on reservation. After Hours - After hour returns are allowed. Park vehicle in the Hertz area. Place the keys and rental agreement in the drop box mounted inside the FBO.

Hertz - Park Ridge Marriott
(201) 664-3606
300 Brae Blvd
Park Ridge, NJ
Hours
Mo-Fr 0830-1730, Sa 1000-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Hotel Guests only.

Budget Rent A Car
(201) 652-5784
833 N State Rt 17
Paramus, NJ

Data Provided by:
Hertz - 92 Route 17 North HLE
(201) 261-5960
92 Route 17 North
Paramus, NJ
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 , 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 - First Aviation
(201) 641-5122
101 Charles A Lindbergh Drive
Teterboro, NJ
Hours
24 Hours, 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. Rentals and Returns are only for inbound and outbound passengers or crew. Tail number required on reservation.

Hertz - 200 Tice Blvd
(201) 664-3606
200 Tice Blvd
Woodcliff Lake, NJ
Hours
Mo-Fr 0830-1800, Sa 1000-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Located at the Woodcliff Lake Hilton Inn. After Hours - After hour returns are allowed. Park vehicle in hotel parking. Up to 2300, take keys and rental record to the Gift Shop in the hotel. After 2300 take the keys and rental record to the front desk.

Hertz - Atlantic Aviation Corporation
(201) 288-6520
223 Industrial Avenue
Teterboro, NJ
Hours
24 Hours, 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. Rentals and Returns are only for inbound and outbound passengers or crew. Tail number required on reservation. After Hours - After hour returns are allowed. Park the vehicle in the Hertz area. Place the keys and rental agreement in the drop box mounted inside the FBO.

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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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