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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.

Budget Rent A Car
(530) 747-0274
4100 Chiles Rd
Davis, CA

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U-Haul Company
(925) 978-0216
815 Sunset Dr
Antioch, CA
 
Hertz - Ontario International Airport
(909) 937-8877
3450 East Airport Drive
Ontario, CA
Hours
0530-0030 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Prestige Service
Additional Information
Railroad - Approximately 3 miles from the railroad station. Cab fare will be reimbursed up to 20.00 with receipt. No service offered on return. After Hours - After hour returns allowed 0430-0530. Park the vehicle in a designated parking space and place keys and Rental Agreement in the drop box.

Hertz - La Jolla Marriott HLE
(858) 458-0638
4240 La Jolla Village Drive
La Jolla, CA
Hours
Mo-Fr 0800-1800
Sa-Su 0900-1200
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 hour returns are allowed. Complete Rental Agreement and place in the drop box along with the keys.

Budget Rent A Car
(949) 347-0339
28570 Marguerite Pkwy # 106
Mission Viejo, CA

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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.

J & L Towing
(530) 945-2462
3298 Ballsferry Rd
Cottonwood, CA
Special Services
towing

Enterprise Auto Rental
(714) 991-7195
31 W Katella Ave
Anaheim, CA
 
Hertz - Fess Parkers Double Tree HLE
(805) 962-5305
633 East Cabrillo Blvd.
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. 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 hour returns are allowed. Leave keys and contract with concierge. Bus - Approximately 5 miles. Pickup service may be available, please call 805-962-5305 upon arrival. If pickup service is not available cab fare will be reimbursed up to 25.00 with receipt. Railroad - Approximately 1 mile. Pickup service may be available, please call 805-962-5305 upon arrival. If pickup service is not available cab fare will be reimbursed up to 25.00 with receipt.

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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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