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Trade Leased Car El Campo 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.

Cubit-Instant Access Cars
(512) 472-0069
411 Brazos St
Austin, TX
 
Enterprise Rent A Car
(325) 658-1911
815 S Koenigheim St
San Angelo, TX
 
Hertz - Hollywood Park HLE
(210) 403-2779
16111 San Pedro Avenue
San Antonio, TX
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.

Hertz - Southmost Aviation
(956) 542-7466
805 South Minnesota
Brownsville, TX
Hours
Mo-Fr 0800-2300 Sa 0900-2200, Su 0900-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System

Hertz - Atlantic Aviation
(713) 644-6431
7930 Airport Road
Houston, TX
Hours
0500-2300 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.

U-Haul Company
(281) 554-6263
1914 Highway 3 S
League City, TX
 
U-Haul Company
(956) 584-7851
317 N Shary Rd
Mission, TX
 
U-Haul Company
(979) 696-5111
2813 Texas Ave S
College Station, TX
 
Hertz - Tradewind Airport
(806) 352-0963
4105 Tradewind Street
Amarillo, TX
Hours
Mo-Fr 0730-1800, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Jet Center of Tyler
(903) 533-8700
209 Airport Drive
Tyler, TX
Hours
Mo-Fr 0800-2200, Sa 0800-1600, Su 1000-2200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flight arrivals only.

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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