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Terminate Your Lease Cumberland 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.

Standard Auto Body Inc
(401) 726-9700
379 Roosevelt Ave
Pawtucket, RI
 
Enterprise Rent A Car
(401) 729-1500
458 Broadway
Pawtucket, RI
 
United Rent A Car Inc
(401) 722-4270
1588 Newport Ave
Pawtucket, RI
 
Hertz Corp
(800) 654-3131
180 Broadway
Pawtucket, RI
 
Hertz - Crown Collision HLE
(401) 729-6029
180 Broadway
Pawtucket, RI
Hours
Mo-Fr 0800-1700, Sa-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., 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.

U-Haul Company
(401) 724-8573
2 Lonsdale Ave
Pawtucket, RI
 
Enterprise Rent A Car
(401) 727-0431
1101 Newport Ave
Pawtucket, RI
 
AA Independent Rental Sales Service & Leasing
(401) 726-9700
379 Roosevelt Ave
Pawtucket, RI
 
U-Haul Company
(800) 468-4285
125 Newell Ave
Pawtucket, RI
 
Enterprise Auto Rental
(401) 729-1500
58 Broadway
Pawtucket, RI
 

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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