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Trade Leased Car Duncanville TX

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 Auto Rental
(972) 572-4806
55 East Highway 67
Duncanville, TX
 
Enterprise Auto Rental
(972) 780-0927
120B W Camp Wisdom Rd
Dallas, TX
 
Hertz - Cutter Aviation Dallas Executive
(214) 979-9494
5661 Mariner Drive
Dallas, TX
Hours
Mo-Fr 0730-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Auto Rental
(214) 371-4635
939 S Polk St # 102
Dallas, TX
 
Hertz - Ritz Carlton Hotel
(214) 979-9494
2120 McKinney Avenue
Dallas, TX
Hours
Mo-Fr 0800-1700, Sa 0800-1600, Su 0800-1200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Ritz Carlton Hotel guests only.

Hertz - Jet Center Dallas Executive
(214) 979-9494
5125 Voyager Drive
Dallas, TX
Hours
Mo-Fr 0800-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Ambassador Aviation
(972) 298-4580
5419 Saturn Drive
Dallas, TX
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(972) 296-2485
653 S Hampton Rd
Dallas, TX
 
Budget Rent A Car
(817) 640-8390
3212 E Abram St
Arlington, TX

Data Provided by:
Hertz - Harrison Aviation
(817) 652-6837
5070 South Collins Street
Arlington, TX
Hours
Mo-Fr 0700-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for private flight arrivals only. No walkins permitted. Only vehicles rented at this location can be returned to this location.

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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