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Terminate Your Lease Pekin IL

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.

Hertz - Greater Peoria Airport
(309) 697-0650
6100 West Everett McKinley Dirksen Parkway
Peoria, IL
Hours
Mo-Fr 0700-2300
Sa 0800-1800
Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets scheduled flights Sunday through Friday, and American Eagle flight 3571 arriving at 2115 and United Express flight 6520 arriving at 2050 on Saturday as long as the reservation is received 24 hours in advance. After hour returns are allowed 0400-0030. Park the vehicle in the Hertz area, then leave the keys and rental agreement in the drop box, located at the counter. Bus - Approximately 7 miles from bus station. Cab fare will be reimbursed up to $8.55 with receipt.

Hertz - Byerly Flying Service
(309) 697-0650
6100 West Everett McKinley Dirksen Parkway
Peoria, IL
Hours
Mo-Fr 0700-2230
Sa-Su 0900-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Hertz - Komatsu America Co.
(309) 697-0650
2300 N. E. Adams
Peoria, IL
Hours
Mo-Fr 0700-1900
Sa-Su 0900-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Komatsu Employees Only. This locations is for Private Flights only.

Enterprise Rent-A-Car
(309) 676-5800
203 NE Jefferson Avenue
Peoria, IL
 
Enterprise Rent-A-Car
(309) 263-6600
2271 S Main St
Morton, IL

Data Provided by:
Enterprise Auto Rental
(309) 633-2200
100 W Everett M Dirksen Pkwy
Peoria, IL
 
Enterprise Rent-A-Car
(309) 633-2200
6100 W Everett M Dirksen Pkwy
Bartonville, IL

Data Provided by:
Enterprise Auto Rental
(309) 694-2555
00 Fairlane Drive
East, Peoria, IL
 
Enterprise Auto Rental
(309) 676-5800
03 Ne Jefferson Ave
Peoria, IL
 
Enterprise Auto Rental
(309) 682-6700
212 N University St
Peoria, IL
 
Data Provided by:

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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