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Trade Leased Car Weaverville NC

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 - Patton Avenue HLE
(828) 225-1776
891 Patton Avenue
Asheville, NC
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 , 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 - A and L Body Shop Incorporated HLE
(252) 686-0918
2178 Highway 258 North
Kinston, NC
Hours
Mo-Fr 0800-1700, 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.

Enterprise Auto Rental
(919) 790-1900
105 Capital Blvd
Raleigh, NC
 
Hertz - Wilson Air Center
(704) 359-0114
5400 Airport Drive
Charlotte, NC
Hours
0600-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Formerly known as Signature Air. This location is for Private Flights only. All reservations require private flight arrival, even for customers arriving by private plane on a previous day.

Budget Rent A Car
(704) 663-7701
516 River Hwy Ste 7
Mooresville, NC

Data Provided by:
Hertz - Rockingham Hamlet Airport
(704) 359-0114
656 Airport Road
Rockingham, NC
Hours
Mo-Fr 0500-0030, Sa 0500-2300, Su 0500-0030
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.

Alamo Rent A Car
(704) 359-4360
6529 Old Dowd Rd
Charlotte, NC
 
Enterprise Auto Rental
(910) 350-0435
911 Market St
Wilmington, NC
 
Hertz - Landmark Aviation
(336) 668-7965
6427 Airport Parkway
Greensboro, NC
Hours
Mo-Fr 0800-2200, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Formerly known as Piedmont Hawthorne. This location is for Private flights only.

Hertz - Landmark Aviation
(828) 684-6455
240 Wright Brothers Way
Fletcher, NC
Hours
Mo-Fr 0800-2000, Sa-Su 0900-2000
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the FBO parking lot. Record the return date and time, mileage, and tank level on rental agreement. Leave the keys and rental agreement at the front desk.

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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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