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Trade Leased Car Huntington Station NY

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 - 145 West Jericho Turnpike HLE
(631) 427-6106
145 West Jericho Turnpike
Huntington, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1300, 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. Park vehicle in the Hertz area. Place the keys and rental agreement in the drop box, located on the side of the building. Railroad - Approximately 3 miles from the railroad station. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Avis Rent A Car
(631) 694-3079
598 Broadhollow Rd
Melville, NY

Data Provided by:
Enterprise Rent A Car
(631) 423-0630
318 W Jericho Tpke
Huntington, NY
 
U-Haul Company
(631) 271-4891
464 W Jericho Tpke
Huntington, NY
 
Hertz - Sheltair Aviation
1100 New Highway
Farmingdale, NY
Hours
24 Hours 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for private flights.

Enterprise Rent A Car
(631) 424-2500
1141 E Jericho Tpke
Huntington, NY
 
U-Haul Company
(631) 271-0526
139 New York Ave
Huntington, NY
 
Champion Auto Brokers Inc
(631) 351-0863
681 W Jericho Tpke
Huntington, NY
 
Hertz - East Northport Star Car
(631) 427-6106
35 Monmouth Court
East Northport, NY
Hours
Mo-Fr 0800-1700, Sa-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

Hertz - Atlantic Long Island
(631) 752-9022
Route 109
Farmingdale, NY
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. Tail number required on reservation.

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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