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Difference Between Car Leasing and Renting Eagle River AK

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.

Hertz - Elmendorf AFB
(907) 753-0199
Westover Avenue
Elmendorf, AK
Hours
Mo-Sa 0900-1900
Su 1000-1900
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for military personnel only.

Enterprise Auto Rental
(907) 277-1600
26 E 4Th Ave
Anchorage, AK
 
Hertz - Million Air
(907) 248-4422
6160 Carl Brady Drive
Anchorage, AK
Hours
0530-0230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Signature Flight Support
(907) 248-9595
6121 South Airpark Place
Anchorage, AK
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(907) 248-5526
940 W Intl Airport Rd
Anchorage, AK
 
Hertz - 414 K Street HLE
(907) 562-4595
414 K Street
Anchorage, AK
Hours
Mo-Fr 0800-1700
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., 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 in the parking area next door to the Captain Cook Hotel. After Hours - After hour returns are allowed.

Enterprise Auto Rental
(907) 563-5050
10 E Intl Airport Rd
Anchorage, AK
 
Hertz - Anchorage International Airport
(907) 243-4118
4555 International Airport Road
Anchorage, AK
Hours
0600-0200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hours returns are allowed. Park the vehicle in the Hertz area, then place keys and rental record in the drop box located at the Hertz counter. Railroad - Approximately 8 miles from the railroad station. Cab fare will be reimbursed with receipt.

Hertz - Great Circle Flight Services
(907) 245-1232
6121 South Airpark Place
Anchorage, AK
Hours
0530-0200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(907) 373-2080
4535 E Greenstreet Cir # 1
Wasilla, AK

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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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