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Trade Leased Car Logan UT

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.

Budget Rent A Car
(435) 652-8542
176 W Saint George Blvd
Saint George, UT
 
Hertz - Cedar City Airport HLE
(435) 586-9806
2560 Aviation Way
Cedar City, UT
Hours
Mo-Fr 0800-1000 and 1600-1800,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 , 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. Park vehicle in the Hertz area. Place keys and Rental Record in the drop box located at the rental counter.

Enterprise Auto Rental
(801) 534-1622
43 S State St
Lake, City, UT
 
Hertz - 4108 West 3500 South HLE
(801) 966-6783
4108 West 3500 South
West Valley City, UT
Hours
Mo 0730-1700, Tu-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, 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 - 38 West 7200 South HLE
(801) 561-1330
38 West 7200 South
Midvale, UT
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. In-Car Navigation System , Ski Equipped Vehicles, 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 - SLC Amtrak
(801) 575-2683
340 South 600 West
Salt Lake City, UT
Hours
0600-0100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Portable Phones , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Railroad - Cab fare is reimbursed to the Airport with receipt.

U-Haul Company
(801) 774-9990
2085 N Hill Field Rd
Layton, UT
 
Hertz - St George Airport
(435) 652-9941
620 South Airport Road
St. George, UT
Hours
Mo-Fr 0800-2330,Sa 0900-1830,Su 0900-2130
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., Ski Equipped Vehicles, Gold Counter Service

Hertz - Riverdale HLE
(801) 614-5005
5320 South Freeway Park Drive
Ogden, UT
Hours
Mo-Fr 0730-1800, Sa 0900-1300, 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., 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 - Meets after hour reservations. After hour returns are allowed. Park vehicle in the Hertz area. Place keys and Rental Record in the drop box located on the building.

Affordable Rent-A-Car
(801) 266-7368
4000 S State St
Salt Lake City, UT
 

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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