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Terminate Your Lease Las Cruces NM

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.

Enterprise Rent A Car
(575) 523-5351
2285 E Lohman Ave
Las Cruces, NM
 
Hertz - Las Cruces Airport
(575) 521-4807
8990 Zia Blvd
Las Cruces, NM
Hours
Mo-Fr 0830-1630, Sa 1000-1200, Su closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for flight arrivals only.

Hertz Corp
(575) 521-4807
705 S Telshor Blvd
Las Cruces, NM
 
Go Transportation Inc
(575) 527-5236
4235 Lost Ln
Las Cruces, NM
 
Hertz - Adventure Aviation
(575) 521-4807
8960 Zia Blvd
Las Cruces, NM
Hours
Mo-Fr 0830-1630, Sa 1000-1200, Su closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Premier Transportation
(575) 523-9393
1308 Arizona Ave
Las Cruces, NM
 
Star Fire Transportation
(575) 522-0750
5010 Anasazi Trl
Las Cruces, NM
 
Avis Rent A Car
(575) 522-4406
700 S Telshor Blvd
Las Cruces, NM
 
Rent A Wheel
(575) 523-9770
110 W Picacho Ave
Las Cruces, NM
 
Penske Truck Rental
(575) 526-9024
2001 S Valley Dr
Las Cruces, NM
 

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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