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Trade Leased Car Mount Juliet TN

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
(615) 758-7567
10945 Lebanon Rd
Mt Juliet, TN

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Hertz - Atlantic Aviation
(615) 361-3131
635 Hanger Lane
Nashville, TN
Hours
24 hours, 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

Hertz - 1002A West Main Street HLE
(615) 449-7148
1002 West Main Street
Lebanon, TN
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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Opryland Hotel HLE
(615) 391-0162
2800 Opryland Drive
Nashville, TN
Hours
0800-1700 7 Days
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 , 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 car in Hertz designated space. Place keys and rental record in drop box located on the Hertz counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(615) 650-6901
3206 Gallatin Pike
Nashville, TN

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Hertz - Signature Flight Support
(615) 361-3000
801 Hanger Lane
Nashville, TN
Hours
0600-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. All reservations require private flight arrival, even for customers arriving by private plane on a previous day.

Enterprise Auto Rental
(615) 275-0011
Terminal Dr
Nashville, TN
 
Dollar Rent A Car
(800) 800-4000
1 Terminal Dr
Nashville, TN

Data Provided by:
Enterprise Auto Rental
(615) 650-6901
206 Gallatin Pike
Nashville, TN
 
Enterprise Auto Rental
(615) 868-0075
15 N Gallatin Rd
Madison, TN
 
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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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