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Trade Leased Car Muscle Shoals AL

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
(256) 767-0292
2321 Mall Rd
Florence, AL

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Enterprise Auto Rental
(205) 655-4070
808 Gadsden Hwy Ste 104
Birmingham, AL
 
Hertz - Montgomery Aviation
(334) 284-1560
4525 U.S. Highway 80
Montgomery, AL
Hours
0700-2200 7 Days
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
(251) 470-0607
814 Government Blvd.
Mobile, AL
 
Hertz - Atlantic Aviation East
(205) 591-6830
4725 65th Place North
Birmingham, AL
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. Previously known as Mercury Air Center.

Hertz - Thornton Chrysler Dodge HLE
(256) 764-0881
2354 Florence Blvd.
Florence, AL
Hours
Mo-Fr 0800-1700
Sa-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.

Hertz - Thornton Chrysler Dodge HLE
(256) 764-0881
2354 Florence Blvd.
Florence, AL
Hours
Mo-Fr 0800-1700
Sa-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.

Hertz - Dothan Municipal Airport
(334) 983-4514
800 Airport Drive
Dothan, AL
Hours
Mo-Th 0800-2230
Fr 0800-1830
Sa 0900-1730
Su 0900-2230
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., Gold Counter Service
Additional Information
After Hours - After hour returns are allowed Monday-Friday 0430-2400, Saturday 0430-2200, Sunday 0630-2400. Park the vehicle in the Hertz area, place keys and rental record in drop box at the Hertz counter. Bus - approximately 10 miles from the bus station. Pickup service may be available, please call upon arrival.

Hertz - Huntsville South HLE
(256) 551-2744
2223 Memorial Parkway Southwest
Huntsville, AL
Hours
Mo-Fr 0700-1700
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., 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 Hertz area. Place keys and rental record in drop box located in door on the south side of the building.

Hertz - Moton Field Municipal Airport
(334) 284-1560
2307 Ragsdale Drive
Tuskegee, AL
Hours
Mo-Fr 0800-1600
Sa-Su Closed
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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