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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 - OFallon South HLE
(636) 300-0902
1120 Technology Drive
OFallon, MO
Hours
Mo-Fr 0700-1800, 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., 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(417) 886-6640
220 S Campbell Ave
Springfield, MO
 
Enterprise Auto Rental
(314) 862-4486
730 Bonhomme Avenue
Clayton, MO
 
Enterprise Auto Rental
(417) 832-9470
046 W Sunshine St
Springfield, 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

Penske Truck Rental
(816) 246-0731
953 SE Oldham Pkwy
Lees Summit, MO
 
Enterprise Auto Rental
(314) 895-9904
23 Dunn Rd
Hazelwood, MO
 
Enterprise Rent-A-Car
(816) 464-2500
3 Nassau Cir
Kansas City, MO

Data Provided by:
Walden Bros Auto Sales & Rentals
(573) 221-CARS
2640 Market St
Hannibal, MO
 
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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