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Difference Between Car Leasing and Renting Boone NC

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
(828) 355-5003
1435 Highway 105
Boone, NC

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Enterprise Rent-A-Car
(704) 519-0533
5115 Nations Ford Rd
Charlotte, NC
 
Enterprise Auto Rental
(704) 348-4433
102 S. Tryon St.
Charlotte, NC
 
Enterprise Auto Rental
(919) 790-1900
105 Capital Blvd
Raleigh, NC
 
Hertz - Landmark Aviation
(919) 840-4875
1775 East International Drive
Raleigh, NC
Hours
0630-0030 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Record date, time, mileage and fuel level on contract. Leave keys and contract with Piedmond Hawthorne personnel.

Enterprise Auto Rental
(336) 855-6464
700 W Wendover Ave Unit E
Greensboro, NC
 
Enterprise Auto Rental
(919) 844-3393
300 Creedmoor Rd Ste 178
Raleigh, NC
 
Enterprise Rent-A-Car
(704) 535-1550
2619 N Sharon Amity Rd
Charlotte, NC

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Thrifty Car Rental
(866) 959-3301
2800 Yankee Clipper Road
Jacksonville, NC
 
Budget Rent A Car
(704) 663-7701
516 River Hwy Ste 7
Mooresville, NC

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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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