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Trade Leased Car Miami Lakes FL

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
(954) 843-0518
16150 Pines Blvd
Pembroke Pines, FL

Data Provided by:
Hertz - Pembroke Pines West HLE
(954) 430-0600
15809 Pines Boulevard
Pembroke Pines, FL
Hours
Mo-Fr 0800-1800
Sa 0900-1400
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.

Cedar Roc INC.
(727) 242-6812
12600 NW
Miami, FL
Hours
24 hrs service
Special Services
Around the clock service

Hertz - Doral Resort
(786) 331-9615
4400 Northwest 87th Avenue
Miami, FL
Hours
Mo-Fr 0830-1730
Sa-Su 0900-1400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only.

Enterprise Rent-A-Car
(305) 594-2250
9831 NW 58th St
Doral, FL

Data Provided by:
Hertz - Marriott Courtyard Miramar
(954) 430-0600
14500 Southwest 29th Street
Miramar, FL
Hours
Mo-Fr 0800-1800,Sa 0900-1400,Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only.

Enterprise Rent-A-Car
(954) 450-4229
18245 Pines Blvd
Pembroke Pines, FL

Data Provided by:
Hertz - Marriott Villas of Doral
(305) 436-5885
4101 Northwest 87th Avenue
Miami, FL
Hours
Mo-Fr 0830-1730
Sa 0930-1330
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Hotel Guests Only.

Hertz - Miami Lakes HLE
(305) 626-4683
16525 N W 57 Avenue
Miami, FL
Hours
Mo-Fr 0730-1800,Sa 0900-1400,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.

Enterprise Auto Rental
(305) 866-8411
687 Collins Ave
Miami, Beach, FL
 
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...

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