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Trade Leased Car Saint Ann 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 - 10250 Page Avenue HLE
(314) 426-2585
10250 Page Avenue
Overland, MO
Hours
Mo-Fr 0700-1800, 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.

Hertz - Signature Flight Support
(314) 426-7555
5995 McDonnell Boulevard
St. Louis, MO
Hours
0800-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(314) 427-7757
305 Natural Bridge Rd
Berkeley, MO
 
Enterprise Auto Rental
(314) 469-5088
00 Westport Plz
Saint, Louis, MO
 
Enterprise Auto Rental
(314) 831-9555
090 N Us Highway 67
Florissant, MO
 
Hertz - ATS Airport Terminal Services
(314) 426-7555
6161 Aviation Drive
St. Louis, MO
Hours
0800-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - St Louis Lambert International
(314) 426-7555
10278 Natural Bridge Road
St. Louis, MO
Hours
24 Hours 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Covered Return Center
Additional Information
Railroad - Approximately 6 miles from the Amtrak station. There is a Metro link near the Amtrak station that provides transportation to the airport for $1.50.

Enterprise Auto Rental
(314) 895-9904
23 Dunn Rd
Hazelwood, MO
 
Enterprise Auto Rental
(314) 863-6886
844 Ladue Road
Ladue, MO
 
Enterprise Auto Rental
(314) 863-1129
00 Carondelet Plz
Clayton, MO
 

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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