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Trade Leased Car Park City 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.

Hertz - Park City Marriott HLE
(435) 655-0868
1895 Sidewinder Drive
Park City, UT
Hours
Mo-Fr 0800-1630, 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., 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.
Additional Information
After Hours - After hour returns are allowed. Park vehicle in the lot. Drop box located to the right of front door.

Elite Limousine Service
(801) 484-7433
2001 Windsor Street
Salt Lake City, UT
Additional Information
Transportation Service, Limousine, Chauffeur Service, Car Service, Limo Rental
Hours
M24/7 services
Special Services
sedan service, suv service, van service, airport and hotel transportation, lincoln strectch limos, stretch limos, Limo 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 Co
(435) 628-4011
997 E Factory Dr
Saint George, UT
 
Hertz - Layton Downtown
(801) 773-6060
1573 North Main
Layton, UT
Hours
Mo-Fr 0800-1600, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Hertz - Million Air Orem Provo
(801) 434-4520
3421 Mike Jense Parkway
Orem, UT
Hours
Mo-Fr 0730-1800 Sa-Su 0800-1800.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This location is for Private Flights only.

Affordable Rent-A-Car
(801) 266-7368
4000 S State St
Salt Lake City, UT
 
Affordable Rent-A-Car
(801) 266-7368
4000 S State St
Salt Lake City, UT
 
Enterprise Auto Rental
(435) 781-3008
25 S 500 E
Vernal, UT
 
Budget Truck Rental
(801) 575-2500
1486 N Main St
Layton, 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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