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Trade Leased Car Sonora CA

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 - Motherlode Motors HLE
(209) 588-1575
13413 Mono Way
Sonora, CA
Hours
Mo-Fr 0730-1730
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.

Hertz - Almaden Expressway HLE
(408) 265-6050
3076 Almaden Expressway
San Jose, CA
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.

U-Haul Company
(818) 767-1937
9327 San Fernando Rd
Sun Valley, CA
 
U-Haul Company
(310) 318-2272
409 N Pacific Coast Hwy
Redondo Beach, CA
 
Alamo Rent A Car
(415) 292-5353
320 Ofarrell St
San Francisco, CA
 
U-Haul Company
(530) 756-5196
5080 Chiles Rd
Davis, CA
 
U-Haul Company
(510) 749-9548
535 S Shore Ctr W
Alameda, CA
 
Hertz - Hyatt Regency
(650) 579-7783
1333 Bayshore Highway
Burlingame, CA
Hours
Mo-Fr 0730-1200 and 1300-1630
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park vehicle in the Hertz area. Place completed rental agreement and keys in the drop box located at the counter.

Enterprise Rent-A-Car
(650) 624-0950
171 El Camino Real
S San Francisco, CA

Data Provided by:
U-Haul Company
(209) 383-6823
1247 Martin Luther King Jr Way
Merced, CA
 
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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