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Trade Leased Car Joplin MO

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 - Joplin Airport
(417) 623-6242
7331 North Highway 43
Joplin, MO
Hours
Su-Fr 0700-2200, Sa 0700-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets commercial flights if reservation is received during regular business hours except for the evening flight on Saturday which must be received prior to 1700. Flight number is required on the reservation. After hour returns are allowed Monday through Saturday 0500-0700, Saturday 1700-2400 and Sunday 0500-0900. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter.

Hertz - Signature Flight Support
(314) 426-7555
5995 McDonnell Boulevard
St. Louis, MO
Hours
0800-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Budget Rent A Car
(314) 588-8822
400 S 14th St
St Louis, MO

Data Provided by:
U-Haul Company
(636) 980-9111
2000 Highway K
O Fallon, MO
 
Hertz - Executive Beechcraft Airport
(816) 243-6440
880 Mexico City Avenue
Kansas City, MO
Hours
24 Hours, 7 Days
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
Additional Information
Located at the Kansas City International Airport. This location is for Private Flights only.

Hertz - Mizzou Aviation
(417) 623-6242
5501 North Dennis Weaver Drive
Joplin, MO
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz Local Edition
(816) 420-0123
7321 N Oak Traffic Way
Gladstone, MO
 
Hertz - Mizzou Aviation
(417) 623-6242
5501 North Dennis Weaver Drive
Joplin, MO
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Nationalease of St Joseph
(816) 233-8785
20951 State Route K
Saint Joseph, MO
 
Enterprise Auto Rental
(816) 931-1208
543 Main
Kansas, City, MO
 
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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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