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Difference Between Car Leasing and Renting Decatur 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
(217) 875-4900
2745 N Water St
Decatur, IL
 
U-Haul Company
(217) 875-2491
2540 N Martin Luther King Jr Dr
Decatur, IL
 
Enterprise Rent-A-Car
(217) 875-4900
2745 N Water St
Decatur, IL

Data Provided by:
Penske Truck Rental
(217) 421-1839
3696 Greenswitch Rd
Decatur, IL
 
Avis Rent A Car
(217) 422-4337
910 S Airport Rd
Decatur, IL
 
Hertz - 2728 North Main Street HLE
(217) 875-7689
2728 North Main Street
Decatur, IL
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. 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

U-Haul Company
(217) 875-2491
3111 N 22nd St
Decatur, IL
 
Hertz Corp
(217) 875-7689
2728 N Main St
Decatur, IL
 
U-Haul Company
(217) 422-5977
3460 E William St
Decatur, IL
 
U-Haul Company
(217) 963-2119
4710 W Main St
Decatur, 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...

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