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Difference Between Car Leasing and Renting Arkadelphia AR

Car renting and car leasing are often incorrectly viewed as the same thing. Leasing is a form of car financing, much like a loan. Car rental companies exist to fulfill the short-term automobile use needs of traveling business people, vacationers, or those who might need a particular type of vehicle for temporary use.

National Alamo
(888) 868-6203
Fort Smith Regional Airport
Fort Smith, AR
 
Hertz - 2448 Highway 62 West HLE
(870) 424-3477
2448 Highway 62 West
Mountain Home, AR
Hours
Mo-Fr 0800-1700
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., 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.

Hertz - Municipal Airport HLE
(870) 773-1192
309 Airport Drive
Texarkana, AR
Hours
Mo-Fr 0830-2130
Sa 1000-1700
Su 1100-2130
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., 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. Park car in Hertz area, place keys and rental record in drop slot built into the counter. Bus - Approximately 5 miles from the bus station. Railroad - Approximately 5 miles from the railroad station.

National Car Rental
(479) 478-0376
6700 Mckennon Blvd
Fort Smith, AR
 
Hertz - Regional Jet Center
(479) 205-0388
12344 Tower Drive
Bentonville, AR
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

U-Haul Company
(870) 932-0320
1700 Stadium Blvd
Jonesboro, AR
 
Hertz Corp
(479) 484-4448
6700 Mckennon Blvd
Fort Smith, AR
 
Enterprise Rent-A-Car
(501) 268-6099
2204 E Race Ave
Searcy, AR

Data Provided by:
Budget Rent A Car
(479) 271-7394
815 SW 8th St
Bentonville, AR

Data Provided by:
Penske Truck Rental
(910) 868-4120
589 N Reilly Rd
Fayetteville, AR
 
Data Provided by:

Difference Between Car Leasing and Renting

Many automotive consumers assume that car renting and car leasing are the same thing, or are very similar.

Not true.

This misconception may come about from the fact that apartment renting – which is very familiar to most people – and apartment leasing are essentially the same thing.

It is therefore natural for someone not familiar with car leasing to assume that it is much like apartment renting or leasing.

It is not.

What is car renting?

Car rental companies exist to fulfill the short-term automobile use needs of traveling business people, vacationers, or those who might need a particular type of vehicle for temporary use.

Rental cars are owned by a rental company and are made available to customers for relatively short-term use. The company maintains and services its vehicles and carries basic insurance. Customers agree to not damage the vehicle, to buy gas, to purchase additional insurance if personal auto insurance is not applicable, and to return the vehicle within a specified time. All maintenance is handled by the rental company.

Rent rates are determined by the car rental company, based on a daily or weekly fee, and includes either unlimited mileage or an additional mileage rate. The method by which rates are determined is not revealed to customers and can vary widely, even within the same rental company, based on various discount schemes.

Rental companies make money by renting the same car over and...

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