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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 - Honda World HLE
(714) 891-3218
8042 23rd Street
Westminster, CA
Hours
Mo-Fr 0730-1800,Sa 0800-1200,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., 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 - Miramonte Resort and Spa
(760) 775-7217
45 000 Indian Wells Lane
Indian Wells, CA
Hours
Mo-Fr 0900-1200 and 1300-1500,Sa 0900-1300,Su Closed
Special Services
Child Seats, Gold Counter Service
Additional Information
This location is for Hotel Guests only.

Hertz - Zenith Flight Support
(951) 689-1160
6741 Gemende Drive
Riverside, CA
Hours
Mo-Fr 0800-1800
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.
Additional Information
This location is for Private Flights only. Walkins are not allowed.

Enterprise Auto Rental
(323) 654-4222
367 West Sunset Blvd
Los, Angeles, CA
 
Penske Truck Rental
(209) 384-3660
2215 E Gerald Ave
Merced, CA
 
Hertz Penske Truck Rental
(512) 805-0090
2407 S Interstate 35 Ste 120
San Marcos, CA
 
Hertz - Atlantic Aviation
(661) 393-7864
1550 Skyway Drive
Bakersfield, CA
Hours
Mo-Fr 0700-1800
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed.

Enterprise Rent A Car
(510) 234-6100
12492 San Pablo Ave
Richmond, CA
 
Enterprise Rent-A-Car
(626) 575-6100
3813 Peck Rd
El Monte, CA

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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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