Auto Leasing Guide
Go to LeaseGuide.com now !

Advantages and Disadantages of Independent Car Lease Companies Vincennes IN

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.

Express Rent-A-Center
(812) 334-1013
3098 S Walnut St
Bloomington, IN
 
U-Haul Company
(219) 924-1003
9726 Fran Lin Pkwy
Hammond, IN
 
Enterprise Auto Rental
(260) 478-8715
833 W Ferguson Rd
Fort, Wayne, IN
 
Enterprise Rent-A-Car
(260) 426-4243
7310 State Road 930
Fort Wayne, IN

Data Provided by:
Enterprise Auto Rental
(812) 425-0050
221 N 1St Ave
Evansville, IN
 
Hertz Corp
(219) 937-9125
4141 Calumet Ave
Hammond, IN
 
U-Haul Company
(219) 554-1539
6725 Indianapolis Blvd
Hammond, IN
 
Enterprise Auto Rental
(317) 352-0991
602 E Washington Street
Indianapolis, IN
 
Hertz - Atlantic Aviaton
(574) 234-3712
4302 Lathrop Street
South Bend, IN
Hours
Mo-Fr 0600-2400
Sa 0800-2300
Su 0800-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Budget Rent A Car
(574) 287-2333
23134 Us Highway 20
South Bend, IN

Data Provided by:
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...

Click here to read the rest of this article from Lease Guide