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Trade Leased Car Kalamazoo MI

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.

Enterprise Rent-A-Car
(269) 372-1234
3611 Stadium Dr
Kalamazoo, MI

Data Provided by:
Hertz - Kalamazoo Battle Creek International Airport
(269) 382-4903
5239 Portage Road
Kalamazoo, MI
Hours
Mo-Fr 0700-2300, Sa 0900-1700, Su 0800-2300
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 - Will meet all after hour scheduled commercial flights Sunday-Friday only as long as reservation is received during normal business hours. Flights will not be met on Saturdays. After hour returns are available 0500-2400 7 days. Park vehicle in the rental car return lot. Write ending mileage and fuel level on the rental record jacket and drop keys and contract into the drop box located inside the airport on the rental counter. Pick up time must be at least one hour after location

Hertz - Duncan Aviation
(269) 965-5134
15745 South Airport Road
Battle Creek, MI
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Alpena County Regional Airport
(989) 356-2414
1617 Airport Road
Alpena, MI
Hours
Mo-Fr 0900-2300, Sa-Su Closed
Special Services
Hand Controls for Disabled Drivers Only
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the Hertz area, then place keys and rental agreement in the drop box, located at the Hertz counter.

Enterprise Rent-A-Car
(248) 374-3410
48600 W 12 Mile Rd
Wixom, MI

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Hertz - Carstar HLE
(269) 321-0497
6725 Lovers Lane
Portage, MI
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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Kraft Foods
(269) 965-5134
365 Elm Street
Battle Creek, MI
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Kraft employees only.

Hertz - Plymouth Main Street HLE
(734) 459-0316
1094 Main Street
Plymouth, MI
Hours
Mo-Fr 0730-1800, 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.

Discount Airport Car Rental
(888) 241-0179
293 Lucas Drive
Detroit, MI
Hours
Monday - Sunday 8:00 AM - 3:00 AM

Hertz - Tulip City Air
(616) 393-2040
1581 South Washington Avenue
Holland, MI
Hours
Mo-Fr 0730-1800, 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., Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park in designated area, record date, time, mileage and fuel level. Place keys and contract in the slot on the door. This location is for Private Flights only.

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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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