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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.

Avis
(530) 753-8822
1340 E Covell Blvd # 9
Davis, CA
 
Hertz - HP Aviation Center
(408) 924-0935
1210 Aviation Avenue
San Jose, CA
Hours
Mo-Fr 0630-2000
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Hewlett Packard employees only. After Hours - Meets flights Saturday and Sunday if reservation is received by 1830 on Friday.

Hertz - Signature Flight at Thermal Air
(760) 775-7217
56850 Higgins
Thermal, CA
Hours
Mo-Fr 0800-1700,Sa 0900-1300,Su Closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Located at the Thermal Airport, also known as the Thermal Desert Resort Airport, Jacqueline Cochran Airport or Millionaire Thermal. This location is for Private Flights Only. After Hours - After Hour returns are allowed. Please fill out Rental Agreement and drop keys and Rental Agreement in drop box located at the counter of Thermal Air.

Hertz Penske Truck Rental
(650) 355-0572
307 87th St
Daly City, CA
 
Hertz - Hollywood Burbank Airport
(818) 569-3575
2627 Hollywood Way
Burbank, CA
Hours
Mo-Fr 0600-2300
Sa 0600-2230
Su 0600-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Prestige Service , Gold Counter Service
Additional Information
Also known as Bob Hope Airport. After Hours - After hour returns are allowed. Park car in the Hertz area. Place keys and rental record in the return box on the parking lot side of the Gold Booth.

Michaels Fantastic Classic
(818) 252-1842
8820 Lankershim Blvd
Sun Valley, CA
 
Hertz - Oakland International Airport
(510) 633-4300
7600 Earhart Road
Oakland, CA
Hours
0530-0100 7 days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Prestige Service
Additional Information
After Hours - After hours returns are allowed. Park the vehicle in the Hertz area of the Oakland Airport rental car facility located 2.5 miles north of the airport on 7600 Earhart Road. Place keys and rental record in the Express Return Box.

Penske Truck Rental
(209) 384-3660
2215 E Gerald Ave
Merced, CA
 
Enterprise Auto Rental
(818) 507-5933
27 S. Glendale Ave.
Glendale, 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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