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Trade Leased Car Stony Brook NY

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 - 2267 Middle Country Road HLE
(631) 737-2237
2267 Middle Country Road
Centereach, NY
Hours
Mo-Fr 0800-1730, Sa 0800-1500, 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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(631) 864-2414
863 W Jericho Tpke
Smithtown, NY

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Hertz - ExcelAire FBO
(877) 326-4545
2221 Smithtown Avenue
Ronkonkoma, NY
Hours
0700-1900 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only. This location was formerly known as 'Landmark Aviation'.

Hertz - Sheltair Aviation Islip
(631) 588-5454
90 Arrival Avenue
Ronkonkoma, NY
Hours
0700-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Formerly known as Long Island Jet Center. This location is for Private Flights only.

Hertz - Mid Island Air Service / New York Jet
631-737-9204 x 17
101 Hering Drive
Ronkonkoma, NY
Hours
0700-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only. This location is also known as 'New York Jet'.

Hertz - 4869 Nesconset Highway HLE
(631) 474-1967
4869 Nesconset Highway
Port Jefferson, NY
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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 920 West Jericho Turnpike HLE
(631) 543-0143
920 West Jericho Turnpike
Smithtown, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1200, Su Closed
Special Services
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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Executive Fliteways
(631) 588-5454
One Clark Drive
Ronkonkoma, NY
Hours
0700-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Islip MacArthur Airport
(631) 737-9200
4300 Johnson Avenue
Islip, NY
Hours
Mo-Tu 0700-2400, We-Th 0800-2400, Fr 0700-2400, Sa-Su 0800-2400
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 0500 to open. A receipt will be issued at time of return, or it will be mailed to you. Railroad - Approximately 1.5 miles from the railroad station. Cab fare will be reimbursed up to $20.00 with a receipt.

Hertz - Middle Island Rental
(631) 345-2532
141 Middle Country Road
Middle Island, NY
Hours
Mo-Sa 0730-1700, Su 0900-1400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
After Hours - After Hour returns are allowed. Place key in drop box located on the front of the building.

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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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