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Trade Leased Car Lincoln NE

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 Auto Rental
(402) 477-6000
200 North 27Th Street
Lincoln, NE
 
Hertz - 5401 O Street HLE
(402) 489-5401
5401 O Street
Lincoln, NE
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. The drop box is located next to the front office door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(402) 438-5400
833 Telluride Dr
Lincoln, NE
 
Enterprise Rent-A-Car
(402) 328-0500
2755 Jamie Ln # 8
Lincoln, NE

Data Provided by:
Hertz - Duncan Aviation
(402) 474-4079
3701 Aviation Road
Lincoln, NE
Hours
Mo-Fr 0730-2330, Sa 0800-2230, Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(402) 488-2800
601 O Street
Lincoln, NE
 
Enterprise Auto Rental
(402) 476-6800
10 South 10Th Street
Lincoln, NE
 
Hertz - Lincoln Municipal Airport
(402) 474-4079
2400 West Adams Street
Lincoln, NE
Hours
Mo-Fr 0730-2300, Sa 0800-2230, 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
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the Hertz area, then place the keys and rental agreement in the drop box, located at the Hertz counter.

Enterprise Auto Rental
(402) 328-0500
755 Jamie Ln Ste 8
Lincoln, NE
 
Hertz - Silverhawk Aviation
(402) 474-4079
1751 West Kearney Street
Lincoln, NE
Hours
Mo-Fr 0730-2330, Sa 0800-2230, Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
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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