Auto Leasing Guide
Go to LeaseGuide.com now !

Trade Leased Car Little Rock AR

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 - 10500 West Markham HLE
(501) 492-5530
10500 West Markham
Little Rock, AR
Hours
Mo-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
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., 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.

Enterprise Auto Rental
(501) 537-2880
Airport Rd
Little, Rock, AR
 
Enterprise Auto Rental
(501) 376-1919
00 South Broadway
Little, Rock, AR
 
Hertz - Super Marine Of Little Rock
(501) 375-7307
2201 Bond Avenue
Little Rock, AR
Hours
Mo-Fr 0600-0030
Sa 0600-2300
Su 0600-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Auto Rental
(501) 227-7368
1301 West Markham
Little, Rock, AR
 
Enterprise Auto Rental
(501) 227-0622
804 N Rodney Parham Rd Ste 1
Little, Rock, AR
 
Enterprise Rent-A-Car
(501) 537-2880
1 Airport Rd
Little Rock, AR

Data Provided by:
Enterprise Auto Rental
(501) 562-6623
523 South University
Little, Rock, AR
 
Hertz - Little Rock National Airport
(501) 375-7307
3403 East Roosevelt Road
Little Rock, AR
Hours
Mo-Fr 0600-0030
Sa 0700-2300
Su 0700-0030
Special Services
Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park car in Hertz area, place keys and rental record in drop box located at the counter. Bus - Approximately 3 1/2 miles from the bus station. Railroad - Approximately 5 miles from the train station.

Enterprise Auto Rental
(501) 791-9942
620 Warden Rd
Little, Rock, AR
 
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...

Click here to read the rest of this article from Lease Guide