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Trade Leased Car Fort Morgan CO

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 - 210 Ensign Street HLE
(970) 542-9680
210 Ensign Street
Ft. Morgan, CO
Hours
Mo-Fr 0800-1700
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., Ski Equipped Vehicles, 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. Park car in the Hertz area. Place keys and rental record in the drop box located in front of the building by the main slot at the front door.

Enterprise Rent A Car
(303) 460-9999
7630 Us Highway 287
Westminster, CO
 
Colorado Denver Delivery
(303) 289-5577
7170 Dahlia
Commerce City , CO
 
Hertz - 713 South 8th Street HLE
(719) 275-4356
713 South 8th Street
Canon City, CO
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, 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 - 210 Ensign Street HLE
(970) 542-9680
210 Ensign Street
Ft. Morgan, CO
Hours
Mo-Fr 0800-1700
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., Ski Equipped Vehicles, 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. Park car in the Hertz area. Place keys and rental record in the drop box located in front of the building by the main slot at the front door.

Meadow Creek Truck Supply, Inc.
(303) 698-9800
756 S. Jason Street, Unit 8
Denver , CO
 
U-Haul Company
(303) 422-0121
6490 W 56th Ave
Arvada, CO
 
Supreme CARSTAR Auto Body
(303) 288-0705
5959 Quebec Street
Commerce City , CO
 
Enterprise Auto Rental
(303) 342-7350
3842 E. 78Th Avenue
Denver, CO
 
Enterprise Auto Rental
(303) 623-1281
50 15Th St
Denver, CO
 

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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