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Trade Leased Car Pendleton OR

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 - Municipal Airport HLE
(541) 276-3183
2016 Airport Road
Pendleton, OR
Hours
Mo-Fr 0800-1700 and 2030-2130, Sa 1100-1700, Su 1000-1600 and 1930-2030
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
Bus - Approximately 4 miles from the bus station. Pickup service may be available. Railroad - Approximately 4 miles from the railroad station. Pickup service may be available.

Hertz - Million Air
(541) 842-2254
2040 Milligan Way
Medford, OR
Hours
Mo-Sa 0700-1900, Su 0800-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Auto Rental
(503) 220-8200
623 W. Burnside Street
Portland, OR
 
Hertz - Municipal Airport HLE
(541) 882-0220
3000 Airport Road
Klamath Falls, OR
Hours
Mo-Fr 0800-1800 and 2230-2300, Sa 0800-1430, Su 0800-1400 and 1700-1800 and 2230-2300
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 - Meets commercial flights up to 2400 if reservation is received during regular business hours. After hour returns are allowed. Bus - Approximately 6 miles from the bus station. 1/2 cab fare will be reimbursed with receipt. Railroad - Pickup service is available. Please call upon arrival.

Enterprise Auto Rental
(503) 252-1500
225 Ne Airport Way
Portland, OR
 
Hertz - Ocean Air
(541) 756-4416
1180 Airport Way
North Bend, OR
Hours
0800-1500 and 1900-2000 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Aero Air
(503) 640-3711
2050 Northeast 25th Avenue
Hillsboro, OR
Hours
Mo-Fr 0630-1830, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Rogue Valley International HLE
(541) 773-4293
1000 Terminal Loop Parkway
Medford, OR
Hours
Mo-Fr 0730-2400, Sa-Su 0800-2400
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 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 or in the parking garage. Bus - Approximately 4 miles from the bus station.

Hertz - 330 Southwest Pine Street HLE
(503) 249-5727
330 Southwest Pine Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
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. Located between 3rd and 4th Avenue directly across from the main entrance of Embassy Suites Hotel Downtown. Bus - Approximately 1 block from the Greyhound station and 1 mile from the Trailways station. Pickup service is available, or cab fare will be reimbursed with receipt.

Enterprise Auto Rental
(503) 275-5359
45 Sw Pine St
Portland, OR
 

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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