Auto Leasing Guide
Go to LeaseGuide.com now !

Difference Between Car Leasing and Renting Bartlett IL

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.

Enterprise Rent-A-Car
(630) 588-3830
371 N Gary Ave
Carol Stream, IL

Data Provided by:
Enterprise Rent-A-Car
(630) 545-1001
546 North Ave
Glendale Heights, IL

Data Provided by:
Hertz - Schaumburg Regional Airport
(847) 781-0144
905 West Irving Park Road
Schaumburg, IL
Hours
Mo-Fr 0800-1800
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for private flights only. No walkins allowed.

Budget Rent A Car
(630) 513-3000
1558 E Main St
St Charles, IL

Data Provided by:
High Tech Auto Body Shop Inc
(847) 622-7450
158 willard ave
Elgin, IL
Hours
Friday: 8:00 am – 6:00 pm Saturday:8:00 am – 6:00 pm Sunday: Closed Monday 8:00 am – 6:00 pm Tuesday: 8:00 am – 6:00 pm Wednesday: 8:00 am – 6:00 pm Thursday: 8:00 am – 6:00 pm
Special Services
Auto Body Shop, Automobile Body-repairing & Painting, Auto Dent Removal Service, Auto Collision, Auto Restoration Service

Hertz - 414 East North Avenue HLE
(630) 790-8043
414 East North Avenue
Glendale Heights, IL
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 hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Schaumburg Marriott HLE
(847) 995-1598
50 North Martingale
Schaumburg, IL
Hours
Mo-Fr 0730-1800
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. 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 the vehicle in the Hertz area. Place the keys and rental agreement in the mail slot, located on the location's door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent-A-Car
(847) 741-2002
910 E Chicago St
Elgin, IL

Data Provided by:
Enterprise Rent A Car
(847) 741-2002
910 E Chicago St
Elgin, IL
 
U-Haul Company
(847) 697-8404
8N034 Il Route 25
Elgin, IL
 
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...

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