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Trade Leased Car Las Vegas NV

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
(702) 876-4466
3401 W Sahara Ave
Las Vegas, NV

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Enterprise Auto Rental
(702) 368-6972
811 W Sahara Ave
Las, Vegas, NV
 
Enterprise Auto Rental
(702) 365-6662
517 W Flamingo Rd
Las, Vegas, NV
 
Hertz - Flamingo Hotel
(702) 650-5399
3555 Las Vegas Blvd South
Las Vegas, NV
Hours
0700-1300 and 1400-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , 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
This location is right on the Las Vegas Strip. The counter is located across from the front desk. After Hours - After hour returns are allowed. Follow signs for self park garage. Follow return signs to level 5. Park vehicle in designated area. Record date, time, tank and mileage in Rental Record. Drop box is located at the counter. Drop the sealed envelope with RA and keys in drop box.

Enterprise Auto Rental
(702) 894-9669
60 E Flamingo Rd
Las, Vegas, NV
 
Enterprise Auto Rental
(702) 876-4466
401 W Sahara Ave
Las, Vegas, NV
 
Hertz - West Sahara HLE
(702) 880-5700
5715 West Sahara Avenue
Las Vegas, NV
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.

Hertz - Marriott Renaissance
(702) 732-1630
3400 Paradise Road
Las Vegas, NV
Hours
Mo-Sa 0800-1200,Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , 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
Located next door to the Las Vegas Convention Center. The counter is located just off the lobby in the business center. After Hours - After hour drops are allowed. Park vehicle in the self parking garage level 4. Record date, time, tank and mileage in the rental record, take elevator to the first floor. Drop box is located at Hertz counter, in the business center across from the garage elevators. Only vehicles rented from this location, can be returned to this location.

Hertz - Riviera Hotel and Casino
(702) 697-4090
2901 Las Vegas Boulevard South
Las Vegas, NV
Hours
0700-1500 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , 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
This location is right on the Las Vegas Strip. Aproximately 10 minutes from the Sands Convention Center. Cab fare from the Sands Convention Center to the Riviera Hotel and Casino will be reimbursed with receipt. The counter is located just inside the doors of the South Tower. After Hours - After Hours returns are allowed. Follow signs for self park garage, follow return signs to level 6. Park vehicle in designated area. Record date, time, tank and mileage in Rental Record. Drop box is located a

Hertz - Wynn Hotel and Casino
(702) 770-2204
3131 Las Vegas Boulevard South
Las Vegas, NV
Hours
0700-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , 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
This location is right on the Las Vegas Strip. The counter is locatedd just inside the doors of the garage on level 2. After Hours - After hour returns are allowed. Park vehicle on the second level of the self parking garage. Record date, time, fuel level, and mileage on the Rental Record. Proceed to the entrance through the vestibule. Place Rental Record and keys in drop box on the counter located just inside the double doors on your left.

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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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