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Terminate Your Lease Coventry RI

You have a number of possible options for getting out of your lease, some of which will be better for you than the others. You're looking for the option that will save you the most money and trouble, and protect your credit rating.

Penske Truck Rental
(401) 739-8700
65 Amflex Dr
Cranston, RI
 
Hertz - T.F. Green Airport
(401) 738-7500
2000 Post Road
Providence, RI
Hours
Mo-Fr 0600-0030, Sa 0600-2400, Su 0600-0030
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hour returns are allowed 0500-0030. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter.

Enterprise Rent-A-Car
(401) 828-5577
300 Quaker Ln
Warwick, RI

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U-Haul Company
(401) 946-5019
801 Oaklawn Ave
Cranston, RI
 
Hertz Penske Truck Rental
(401) 463-5557
7 Fyffe Ave
Cranston, RI
 
Hertz - Northstar Aviation
(401) 738-2600
544 Airport Road
Providence, RI
Hours
0600-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(401) 732-5261
0 Dewey Avenue
Warwick, RI
 
U-Haul Company
(401) 943-2945
1125 Cranston St
Cranston, RI
 
Ami Leasing
(401) 463-5234
11 Sharpe Dr
Cranston, RI
 
Hertz - 6585 Post Road HLE
(401) 885-0879
6585 Post Road
North Kingstown, 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
After hours - After hour returns are allowed. Place completed Rental Agreement and keys in the drop box located on the right side of the building.

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Terminate Your Lease

There seems to be a common misconception that, to get out of a lease, one simply returns the car, pays some kind of penalty fee, and it's all over. Not true. This is not the way it works, unfortunately. The actual cost of early lease termination can be thousands of dollars, depending on how much of the lease remains.

Actually, you have a number of possible options for getting out of your lease, some of which will be better for you than the others. You're looking for the option that will save you the most money and trouble, and protect your credit rating.

Lease transfer is the best way
One your best options may be to transfer your lease to someone would like to pick it up and take it off your hands — a lease assumption. There are significant advantages for this method. It is low cost (no penalties, no payoffs, but transfer fees), it is relatively easy, and it does not affect your credit score.

There's a whole set of potential buyers out there who are looking for short-term leases without going through dealers and the associated extra costs.

However, to get our of your lease using this method, you need to follow the correct process and check to see if your lease company allows it. You can't simply let someone take over your lease without the lease company's knowledge and involvement. The new "lessee" must get approved and sign new lease papers.

The good news is that help is available, online, on the Internet from services...

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