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Difference Between Car Leasing and Renting Austin TX

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.

Avis Rent A Car
(512) 371-1082
1610 W 35th St
Austin, TX
 
Used Cars Austin Texas
(512) 206-0005
5410 Airport Blvd
Austin, TX
 
Hertz - Downtown Austin HLE
(512) 457-1583
709 East 10th Street
Austin, TX
Hours
Mo-Fr 0730-1800, Sa 0900-1400, 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.
Additional Information
After Hours - After hour returns are allowed. Park in the customer parking area, located on the side of the building. Leave the keys and rental agreement in the drop slot, located on the front door. Railroad - Approximately .5 miles from the train station.

Advantage Rent A Car
(512) 480-3177
1100 N Interstate 35
Austin, TX
 
Austin Car Share
(512) 448-4477
611 S Congress Ave
Austin, TX
 
Enterprise Auto Rental
(512) 476-2300
201 West 5Th
Austin, TX
 
Cubit-Instant Access Cars
(512) 472-0069
411 Brazos St
Austin, TX
 
A J Rental Car
(512) 989-6505
3301 N Interstate 35
Austin, TX
 
Hertz - Anderson Lane HLE
(512) 407-9650
911 West Anderson Lane
Austin, TX
Hours
Mo-Fr 0700-1800, Sa 0900-1200, 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. In-Car Navigation System , 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 hours returns are allowed. Park vehicle in Hertz area, place keys and rental agreement in drop box located next to front door. Bus - Approximately 2 miles from the bus station. Cab fare will be reimbursed up to $5.00 with receipt.

Enterprise Auto Rental
(512) 472-1373
19 S Lamar
Austin, TX
 

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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