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Terminate Your Lease Searcy AR

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.

Budget Rental Car
(501) 268-8235
1614 E. Booth Rd.
Searcy, AR
Hours
Mon-Sat 8to6
Special Services
Free pick up

Budget Truck Rental
(479) 783-1300
1000 Carthage St
Fort Smith, AR
 
Enterprise Auto Rental
(501) 537-2880
Airport Rd
Little, Rock, AR
 
Hertz - 1019 North Walton Blvd HLE
(479) 254-6886
1019 North Walton Blvd
Bentonville, AR
Hours
Mo-Fr 0800-1700
Sa-Su Closed
Special Services
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.
Additional Information
After Hours - After hour returns are allowed.

Avis
(479) 452-5152
6700 Mckennon Blvd
Fort Smith, AR
 
Enterprise Rent-A-Car
(501) 268-6099
2204 E Race Ave
Searcy, AR

Data Provided by:
Penske Truck Rental
(479) 649-8513
23 N 11th St
Fort Smith, AR
 
Hertz Corp
(479) 750-4460
802 Airport Ave
Springdale, AR
 
Enterprise Rent-A-Car
(479) 648-1117
1410 Zero St
Fort Smith, AR

Data Provided by:
Enterprise Auto Rental
(501) 982-2001
526 West Main Street
Jacksonville, AR
 
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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