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Terminate Your Lease Portland OR

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.

Mr. Formal Tuxedo Sales & Rentals
(503) 238-7216
1205 S.E. Grand Avenue
Portland, OR
 
Enterprise Auto Rental
(503) 275-5359
45 Sw Pine St
Portland, OR
 
Enterprise Auto Rental
(503) 230-1212
11 E. Burnside Street
Portland, OR
 
Hertz - Amtrak Portland
(503) 249-5727
800 N.W. 6th Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Amtrak arrivals only. After Hours - Please reserve at the Portland International Airport, 9445 N. E. Airport Way. Cab fare will be reimbursed up to $30.00 with receipt.

Dollar Rent A Car
(503) 228-3540
132 NW Broadway
Portland, OR
 
Hertz - 330 Southwest Pine Street HLE
(503) 249-5727
330 Southwest Pine Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
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
After Hours - After hour returns are allowed. Located between 3rd and 4th Avenue directly across from the main entrance of Embassy Suites Hotel Downtown. Bus - Approximately 1 block from the Greyhound station and 1 mile from the Trailways station. Pickup service is available, or cab fare will be reimbursed with receipt.

Zipcar
(503) 328-3539
808 SW 3rd Avenue
Portland, OR
 
Hertz Penske Truck Rental
(503) 226-7971
1325 NW 14th Ave
Portland, ME
 
Budget Truck Rental
(503) 382-0001
2033 SW 4th Ave
Portland, ME
 
Hertz - Mercedes Downtown HLE
(503) 223-1234
1605 Southwest Naito Parkway
Portland, OR
Hours
Mo-Fr 0730-1800, 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. 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.

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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