Auto Leasing Guide
Go to LeaseGuide.com now !

Difference Between Car Leasing and Renting Coralville IA

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.

Brown National Lease Corp
(319) 645-2644
3550 2nd St
Iowa City, IA
 
Hertz - 1801 South Riverside Drive HLE
(319) 337-6615
1801 South Riverside Drive
Iowa City, IA
Hours
Mo 0700-1800
Tu-Fr 0730-1800
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., 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
Located at the Iowa City Municipal Airport. Bus - Approximately 1.5 miles from the bus station. Cab fare will be reimbursed up to $10.00 with receipt. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Linder Tire Service Inc
(319) 337-4163
632 S Riverside Dr
Iowa City, IA
 
Hertz Corp
(319) 337-6615
1801 S Riverside Dr
Iowa City, IA
 
U-Haul Company
(319) 339-4977
1841 S Gilbert St
Iowa City, IA
 
U-Haul Company
(319) 338-2021
2601 2nd St
Iowa City, IA
 
Hertz - Jet Air FBO
(319) 337-6615
1801 South Riverside Drive
Iowa City, IA
Hours
Mo 0700-1800
Tu-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Park in the Hertz designated parking area. Leave keys and contract in the drop box located by the Hertz door.

Enterprise Rent A Car
(319) 358-7000
9 Highway 1 W
Iowa City, IA
 
Budget Truck Rental
(319) 354-4784
1640 Highway 1 W Ste 1
Iowa City, IA
 
Budget Truck & Car Rental
(319) 351-4529
1640 Hwy 1 W
Iowa City, IA
 

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