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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 - Livermore Municipal Airport
(925) 371-0788
636 Terminal Circle
Livermore, CA
Hours
Mo-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Walkins are not allowed.

Hertz - 341 South Lincoln HLE
(951) 549-0175
341 South Lincoln
Corona, 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. 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
Bus - Approximately 5 miles from the bus station. Cab fare will be reimbursed up $25 with receipt. Pier - Approximately 30 miles from the Pier. Cab fare will be reimbursed up to $25 with receipt. Railroad - Approximately 5 miles from the railroad station. Cab fare will be reimbursed up to $25 with receipt.

Hertz - Santa Barbara Amtrak
(805) 962-5305
209 State Street
Santa Barbara, CA
Hours
Mo-Fr 0800-1800,Sa-Su 0900-1300
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

Enterprise Auto Rental
(310) 649-5400
734 Bellanca Ave
Los, Angeles, CA
 
Sunrise Self Storage
(760) 244-5625
16730 Walnut St
Hesperia, CA
 
U-Haul Company
(510) 233-4835
1825 Cutting Blvd
Richmond, CA
 
Universal Rent A Car
(323) 954-9188
118 S Crescent Heights Blvd
West Hollywood, CA
 
Avis
(530) 753-8822
1340 E Covell Blvd # 9
Davis, CA
 
Honda of San Leandro
(510) 347-5100
1302 Marina Blvd
San Leandro, CA
 

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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