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Trade Leased Car Prescott Valley AZ

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.

Enterprise Rent-A-Car
(928) 778-6506
1299 E Gurley St
Prescott, AZ

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Lake Powell Utah Houseboat Rentals
(888) 454-8825
Bullfrog marinas
Page, AZ
Services
Houseboat Rentals

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Hertz - Downtown Amtrak HLE
(928) 226-0120
1 East Santa Fe Avenue
Flagstaff, AZ
Hours
Mo-Fr 0800-1800
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
After Hours - Meets scheduled Amtrak arrivals. After hour returns are allowed. Park car in Hertz area, place keys and rental record in Hertz Express Return Box located on the wall by the Hertz rental counter inside station. Train station hours are 0415-2245 7 days. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Tucson South HLE
(520) 745-0360
3921 East 29th Street
Tucson, AZ
Hours
Mo-Fr 0730-1800
Sa-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.

Enterprise Auto Rental
(480) 497-4117
60 E Auto Center Dr
Mesa, AZ
 
Hertz - Prescott Municipal Airport HLE
(928) 776-1399
6500 MacCurdy Drive
Prescott, AZ
Hours
Mo-Fr 0800-1800
Sa 0800-1700
Su 1000-1700
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
Located 6 miles North of town off Highway 89. Also known as Ernest A Love Field After Hours - After hour returns are allowed. Park the vehicle in the Hertz area, then place the keys and rental agreement in the drop box, located at the entrance of the terminal. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Nogales Downtown
(520) 287-2012
1012 North Grand Avenue
Nogales, AZ
Hours
Mo-Fr 0800-1800
Sa 0800-1700
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Bus - Approximately 1 1/2 miles from bus station. Pickup and delivery service is available. Please call upon arrival. After Hours - After hour returns are allowed. Park vehicle in front of the building close to the Hertz office. Place keys and Rental Record in the slot in the door of the Hertz office.

Hertz - Phoenix Sky Harbor Airport
(602) 267-8822
1805 East Sky Harbor Circle South.
Phoenix, AZ
Hours
24 Hours
7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only , Mobile Phones In-Car Navigation System , Prestige Service , Covered Return Center
Additional Information
Bus - Approximately 1/4 mile from the bus station. Cab fare will be reimbursed up to $20.00 with receipt. Railroad - Approximately 4 miles from the railroad station. Cab fare will be reimbursed up to $20.00 with receipt. Please call upon arrival.

Enterprise Auto Rental
(520) 747-9700
285 E 22Nd St
Tucson, AZ
 
Budget Rent A Car
(623) 878-3698
6666 W Bell Rd
Glendale, AZ

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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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