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Trade Leased Car Pontotoc MS

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 - Tupelo Aviation Unlimited
(662) 680-9482
105 Lemons Drive
Tupelo, MS
Hours
Mo-Fr 0800-2100, Sa 0800-1600, Su 0900-2100
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Tupelo Airport HLE
(662) 680-9482
2763 West Jackson Street
Tupelo, MS
Hours
Mo-Fr 0800-1800, Sa 1100-1600, Su 1000-1800
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 - Will meet Delta Flight 975 at 2103 Sunday-Friday only as long as reservation is received during normal business hours. After hours returns are allowed. Place keys and rental record in the drop box located outside the side entrance doors of the airport.

Hertz - Atlantic Aviation
(228) 863-2761
4313 Hewes Avenue
Gulfport, MS
Hours
0630-2230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. Formerly known as Av Center FBO.

Hertz - 2657 Lakeland Drive HLE
(601) 932-9056
2657 Lakeland Drive
Flowood, MS
Hours
Mo-Fr 0700-1800, Sa 0900-1300, 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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Tupelo Aero
(662) 680-9482
121 Lemmons Drive
Tupelo, MS
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Rent-A-Car
(662) 842-2237
551 Daybrite Dr
Tupelo, MS

Data Provided by:
Hertz - Tupelo Aero
(662) 680-9482
121 Lemmons Drive
Tupelo, MS
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Hilton Hotel Jackson
(601) 932-9056
1001 East County Line Road
Jackson, MS
Hours
Mo-Fr 0700-1800, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Hotel Guests only. Railroad - approximately 6 miles from the railroad station.

Hertz - Laurel Hattiesburg Airport
(601) 544-4914
1007 Terminal Drive
Hattiesburg, MS
Hours
Mo-Fr 0900-1700, Sa-Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets DL flight 3288 arriving at 2040 7 Days, if reservation is received during regular hours business hours. After hour returns are allowed. Park the vehicle in the Hertz area, then place keys and rental agreement in the drop box, located at the Hertz counter. If the terminal is closed give the keys and rental record to the security personnel.

Budget Rent A Car
(601) 500-7374
5341 Highway 25
Flowood, MS

Data Provided by:
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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