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Trade Leased Car Tahlequah OK

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.

Budget Rent A Car
(918) 298-5763
8753 S Lewis Ave # C
Tulsa, OK

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Hertz - Sparks Aviation
(918) 272-1080
3112 North 74th East Avenue
Tulsa, OK
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. No walkins allowed.

Enterprise Rent-A-Car
(918) 743-3220
5416 S Harvard Ave
Tulsa, OK

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Hertz - Atlantic Aviation
(405) 773-7212
5901 Philip J Rhoads
Oklahoma City, OK
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. Formerly known as Trajen. Located at the Wiley Post Airport.

Hertz - Harran Aircraft
(918) 627-5516
1200 Sabre Street
Muskogee, OK
Hours
Mo-Fr 0700-1800, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz Penske Truck Rental
(405) 364-4721
101 S Webster Ave
Norman, OK
 
Hertz - Stillwater Flight Center
(405) 385-5000
2020 West Airport Raod
Stillwater, OK
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., Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. This location is for Private Flights only.

Hertz - Cruise Aviation
(405) 292-0484
1700 Lexington
Norman, OK
Hours
0800-1800 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.

Enterprise Auto Rental
(918) 477-7660
111 S Sheridan Rd
Tulsa, OK
 
Avis Rent A Car
(405) 844-7957
911 S Broadway
Edmond, OK
 
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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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