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Trade Leased Car Opelousas LA

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 Auto Rental
(504) 468-3018
600 Airline Dr
Kenner, LA
 
Budget Rent A Car
(337) 397-4331
11780 Lake Charles Hwy
Leesville, LA

Data Provided by:
Hertz - Ryan Airport
(225) 357-5992
9291 General Chennault Drive
Baton Rouge, LA
Hours
Mo-Fr 0700-2230
Sa 0700-2100
Su 0700-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets flight that arrives at 0008 if reservation is received before 2200 Monday through Friday. Meets all other scheduled flights if reservation is received during regular business hours. After hours returns are allowed. Park the vehicle in the Hertz area. Place the keys and rental agreement in the drop box, located at the Hertz counter.

Hertz - Paul Fournet Air Service
(337) 233-7010
118 John Glenn Drive
Lafayette, LA
Hours
Mo-Fr 0700-2200, Sa-Su 0800-2200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Auto Rental
(225) 344-0629
575 Nicholson Dr
Baton, Rouge, LA
 
Enterprise Auto Rental
(337) 237-2864
800 West Pinhook Road
Lafayette, LA
 
Hertz - Hammond Airport
(985) 809-6619
405 Industrial Park
Hammond, LA
Hours
Mo- Fr 0800-1700, 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.

Hertz - New Orleans Hilton
(504) 568-1645
2 Poydras Street
New Orleans, LA
Hours
Mo-Fr 0800-1700, Sa 0800-1300, 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.

Budget Rent A Car
(225) 925-0500
3147 College Dr
Baton Rouge, LA

Data Provided by:
Hertz - Executive Aviation
(225) 355-5183
4490 Blanche Noyes Avenue
Baton Rouge, LA
Hours
0800-2000 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

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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