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Trade Leased Car Safford 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.

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

Data Provided by:
Enterprise Auto Rental
(520) 579-7900
545 W Ina Rd
Tucson, AZ
 
Hertz - The Wigwam Resort
(623) 535-2669
300 Wigwam Boulevard
Litchfield Park, AZ
Hours
Mo-Fr 0800-1600
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only. After Hours - After hour returns are allowed. Park the vehicle in a Hertz designated area in Hertz marked stall in the Southeast Lot. Record the return date and time, mileage, and tank level on rental agreement. Leave keys and rental agreement in the drop box located in front Hertz office located in the lobby next to the concierge desk.

Hertz - Red Rock Aviation
(928) 282-0878
235 Air Terminal Drive
Sedona, AZ
Hours
Mo-Fr 0800-1700
Sa 0900-1600
Su 0900-1200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

U-Haul Company
(623) 975-1173
13440 W Bell Rd
Surprise, AZ
 
Enterprise Rent-A-Car
(520) 298-7087
2130 N Kolb Rd
Tucson, AZ

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Enterprise Auto Rental
(480) 497-4117
60 E Auto Center Dr
Mesa, AZ
 
Hertz - Lake Havasu City Airport HLE
(928) 764-3994
5600 North Highway 95
Lake Havasu City, AZ
Hours
Mo-Fr 0800-1700
Sa-Su 0830-1500
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 hours returns are allowed. Park the vehicle in the Hertz area, place the keys and rental record in the Hertz Express box located next to the pay phones at the entrance to the terminal. There is also another Hertz Express Return box located at the Hertz counter inside the terminal. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(623) 691-9664
929 North 75Th Ave, Suite 11
Phoenix, AZ
 
Hertz - Stellar Aviation
(480) 917-2931
209 South Stellar Parkway
Chandler, AZ
Hours
Mo-Fr 0800-1700
Sa-Su 0800-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Walkins are not allowed.

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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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