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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

Affordable Rent-A-Car
(801) 266-7368
4000 S State St
Salt Lake City, UT
 
Rent A Wreck
(888) 688-1740
184 W 1600 S
Saint George, UT
 
Hertz - 710 North 400 East
(801) 330-3483
710 North 400 East
Lehi, UT
Hours
Mo-Fr 0800-1700, Sa-Su Closed.
Special Services
Child Seats, 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, 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
This location is for Insurance Replacement only. Located inside Dentmasters.

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.

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.

Affordable Rent-A-Car
(801) 266-7368
4000 S State St
Salt Lake City, UT
 
Dollar
(801) 561-1144
8543 Redwood Rd
West Jordan, UT
 
Hertz - Mount Nebo Aviation
(801) 434-4520
2001 Airport Road
Nephi, UT
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.

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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