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Advantages and Disadantages of Independent Car Lease Companies Bridgeport CT

When leasing, you have two possible methods by which you can source the financing of your lease. Choosing the right source can reduce your monthly payments and save you considerable money over the life of your lease.

Dollar
(203) 331-9735
940 E Main St
Bridgeport, CT
 
Hertz - Bridgeport Amtrak Station
(203) 876-0708
525 Water Street
Bridgeport, CT
Hours
Mo-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Amtrak arrivals.

U-Haul Company
(203) 368-2584
636 Boston Ave
Bridgeport, CT
 
Hertz - Atlantic Aviation
(203) 469-8826
325 Main Street
Bridgeport, CT
Hours
0600-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located at the Sikorsky Memorial Airport. This location is for Private Flights only.

AAA Auto Rental
(203) 371-6957
887 Reservoir Ave
Bridgeport, CT
 
Affordable Motors
(203) 362-0259
408 Grand St
Bridgeport, CT
 
Penske Truck Rental
(203) 334-8367
225 Boston Ave
Bridgeport, CT
 
Enterprise Rent A Car
(203) 367-2055
370 North Ave
Bridgeport, CT
 
U-Haul Company
(203) 333-0288
309 North Ave
Bridgeport, CT
 
Avis Rent A Car
(203) 380-2414
99 Beardsley Ave
Bridgeport, CT
 

Advantages and Disadantages of Independent Car Lease Companies

First of all, let's make sure we understand that dealers don't finance car loans or leases.

When a customer agrees to buy or lease a car, the dealer must attempt to "place" or "assign" the loan or lease with a bank, finance company, or lease company. The finance company then pays the dealer for the car, and works out payment details with the customer.

Two Ways to Lease

When leasing, you have two possible methods by which you can source the financing of your lease. Choosing the right source can reduce your monthly payments and save you considerable money over the life of your lease.

First, you can finance through a dealer's "captive" finance source, which is usually the car maker's own financial company, such as Ford Motor Credit, General Motors Acceptance Corporation (GMAC), or American Honda Finance Corporation.

Some dealers use alternative sources such as a distributor-associated financial company, or major national banks such as Chase or Wells Fargo. Normally, a dealer will not offer you choices but will select the source that offers him the best deal — which is not always the best deal for you.

UPDATE: Chrysler and General Motors dealers no longer offer car leases through "captive" finance companies. Although many such dealers can offer leases through banks or credit unions, independent lease companies can get you the same or better deals. You find your car at a dealer, and the i...

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