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Trade Leased Car Everett MA

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 - 388 Eastern Avenue HLE
(781) 321-1551
388 Eastern Avenue
Malden, MA
Hours
Mo-Fr 0800-1800, 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
After Hours - After hour returns are allowed.

Enterprise Rent-A-Car
(781) 289-4002
55 American Legion Hwy
Revere, MA

Data Provided by:
Hertz - 203 Squire Road HLE
(781) 284-0262
203 Squire Road
Revere, MA
Hours
Mo-Fr 0800-1800, 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
After Hours - After hour returns are allowed. Place keys and rental agreement in the drop box provided.

Zipcar, Inc.
(617) 933-5070
18 Tremont, Suite 605
Boston, MA
 
Enterprise Rent-A-Car
(617) 723-8077
1 Congress St
Boston, MA

Data Provided by:
Hertz - Boston Logan International Airport
(617) 569-7272
207 Porter Street
Boston, MA
Hours
24 Hours, 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Prestige Service , Ski Equipped Vehicles

Enterprise Rent-A-Car
(617) 561-4488
2 Tomahawk Dr
East Boston, MA

Data Provided by:
Hertz - Signature Flight Support
(617) 561-2500
240 Prescott Street
Boston, MA
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(617) 723-8077
Congress St: Govt Ctr
Boston, MA
 
Boston Limousine
(617) 699-3126
7, Chauncy St
Boston, MA
 
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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