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Trade Leased Car Perryville MO

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 - 14738 Manchester Road HLE
(636) 527-8298
14738 Manchester Road
Ballwin, MO
Hours
Mo-Fr 0730-1800, 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., 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(417) 235-5489
864 E Us Highway 60 # C
Monett, MO

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Enterprise Auto Rental
(573) 256-8000
12 N Providence Rd
Columbia, MO
 
U-Haul Company
(636) 272-8515
1935 E Terra Ln
O Fallon, MO
 
Car City
(816) 233-9149
3408 S Belt Hwy
Saint Joseph, MO
 
Hertz - Marriott Hotel by the Airport
(816) 243-6100
775 Brasilia Avenue
Kansas City, MO
Hours
Mo-Fr 0900-1400, Su-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Marriott Hotel Guests only.

Enterprise Auto Rental
(314) 863-6886
844 Ladue Road
Ladue, MO
 
Hertz - Jefferson City Flying Service
(573) 761-3535
501 Airport Road
Jefferson City, MO
Hours
Mo-Fr 0630-2030, Sa-Su 0800-1800
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Place keys and rental record in the drop slot located on the building.

Hertz - Square D Company
(573) 442-9933
4800 Paris Road
Columbia, MO
Hours
24 Hours, 7 Days
Special Services
Child Seats, Gold Counter Service
Additional Information
This location is for Square D Employees only and requires a 48 hours advance notice. After Hours - After hour pickups must be made at least 24 hours in advance. After hour returns are allowed for Square D employees only. Park car in the visitor parking. Drop box is located in the Square D Company facility. All other after hour returns must be made to the Columbia Airport or the Holiday Inn Select Center HLE locations.

Hertz - Tac Air
(636) 300-0902
18260 Edison Avenue
Chesterfield, MO
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located at the Spirit of St. Louis Airport, in Chesterfield, MO 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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