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Advantages and Disadantages of Independent Car Lease Companies Eagle ID

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.

Enterprise Auto Rental
(208) 321-7936
213 W Fairview Ave
Boise, ID
 
Penske Truck Rental
(208) 938-0846
943 W Overland Rd
Meridian, ID
 
U-Haul Company
(208) 846-9482
2055 S Locust Grove Rd
Meridian, ID
 
Enterprise Auto Rental
(208) 672-0585
33 Auto Dr
Boise, ID
 
Enterprise Rent-A-Car
(208) 672-0585
222 Auto Dr
Boise, ID

Data Provided by:
U-Haul Company
(208) 893-5180
2490 W Franklin Rd
Meridian, ID
 
Enterprise Rent A Car
(208) 888-3559
613 S Meridian Rd
Meridian, ID
 
Dan Wiebold Ford
(866) 854-3061
5707 East Gate Blvd
Nampa, ID
 
Enterprise Auto Rental
(208) 336-8777
608 Fairview Ave
Boise, ID
 
Enterprise Auto Rental
(208) 381-0650
201 Airport Way Ste 210
Boise, ID
 
Data Provided by:

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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