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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.

Budget Rent A Car
(870) 663-4473
5501 S Olive St
Pine Bluff, AR

Data Provided by:
Hertz - Jet Ride
(479) 444-6862
802 Airport Road
Springdale, AR
Hours
Mo-Fr 0730-1730
Sa 0830-1230
Su Closed
Special Services
Hand Controls for Disabled Drivers Only
Additional Information
After Hours - After hour returns are allowed. Complete check-in information on the front of the rental jacket. Place keys and rental jacket in the drop slot in the front door. This location was formerly known as 'Pinnacle Air Service'.

PacLease
(479) 785-9600
901 Fresno St
Fort Smith, AR
 
Alamo Rent A Car
(910) 485-2134
Fayetteville Airport
Fayetteville, AR
 
Hertz - 6709 South 28th Street HLE
(479) 649-0961
6709 South 28th Street
Fort Smith, AR
Hours
Mo-Fr 0730-1730
Sa 0900-1200
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
Located approximately 3 miles from the Ft. Smith Municipal Airport. After Hours - After hour returns are allowed. Complete check-in information on the front of rental jacket and place the keys and rental jacket in the drop slot in the front door.

National Car Rental
(910) 485-2133
Fayetteville Airport
Fayetteville, AR
 
Hertz Local Edition Car Rental
(479) 750-4267
1507 W Shady Grove Rd
Springdale, AR
 
U-Haul Company
(870) 932-0320
1700 Stadium Blvd
Jonesboro, AR
 
Hertz - Boone County Airport HLE
(870) 743-1432
2524 Airport Road
Harrison, AR
Hours
Mo-Fr 0730-1630
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., 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. Complete check-in information on the front of rental jacket and place the keys and rental jacket in the drop slot in the front door. Bus - approximately 9 miles from the bus station.

Avis
(479) 452-5152
6700 Mckennon Blvd
Fort Smith, 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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