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Car Lease Buyout Cranston RI

You might consider a buyout if you want to continue driving your car after your lease ends. Since you know the car's history and know its condition, it makes a great used car purchase without the uncertainties of buying a car from a dealer or stranger. You know the car, how it's been treated, and its condition.

Hertz Penske Truck Rental
(401) 463-5557
7 Fyffe Ave
Cranston, RI
 
Ami Leasing
(401) 463-5234
11 Sharpe Dr
Cranston, RI
 
Auto Rental Champs
(401) 941-1207
703 Park Ave
Cranston, RI
 
Hertz Corp
(401) 461-0748
520 Reservoir Ave
Cranston, RI
 
Hertz - 2283 Post Road HLE
(401) 737-2189
2283 Post Road
Warwick, RI
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. 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
Customers arriving at the Providence T. F. Green Airport must reserve their vehicle at the Hertz Providence T. F. Green Airport location. After hours - After hour returns are allowed. Place completed Rental Agreement and keys in the drop box located near the building.

U-Haul Company
(401) 946-5019
801 Oaklawn Ave
Cranston, RI
 
U-Haul Company
(401) 943-2945
1125 Cranston St
Cranston, RI
 
Hertz - 520 Reservoir Avenue HLE
(401) 461-0748
520 Reservoir Avenue
Cranston, RI
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., 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
Customers arriving at the Providence T. F. Green Airport must reserve their vehicle at the Hertz Providence T. F. Green Airport location. After hours - After hour returns are allowed. Place completed Rental Agreement and keys in the drop box provided.

Penske Truck Rental
(401) 739-8700
65 Amflex Dr
Cranston, RI
 
Enterprise Rent A Car
(401) 946-0470
333 Niantic Ave
Cranston, RI
 

Car Lease Buyout

To buy out your lease simply means you purchase your vehicle from the lease company – either with cash or a loan.

Most lease contracts allow early buyouts, but some don't. Some restrict the time period during the lease in which you may exercise your purchase option. For example, buyouts may be prohibited in the first few months and/or the last few months. You should read your lease contract to determine if you have any such restrictions.

You might consider a buyout if you want to continue driving your car after your lease ends. Since you know the car's history and know its condition, it makes a great used car purchase without the uncertainties of buying a car from a dealer or stranger. You know the car, how it's been treated, and its condition.

If you've exceeded your mileage limits, or have excessive wear or damages, and want to avoid associated penalties, you may want to consider a buyout.

There are two kinds of car lease buyouts:

  1. Lease-end buyout (at normal end of lease)
  2. Early buyout (before lease ends)

Car Lease Lease-End Buyout
Buying your vehicle at the end of your lease is sometimes a good option, and sometimes not, depending on the details of your particular situation. This option should always be considered and compared to your other lease-end options to determine if it's your best move.

The end-of-lease buyout purchase price is typically the residual value stated in your lease contract. This price...

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