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Difference Between Car Leasing and Renting Greenfield IN

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 - Mt Comfort Airport
(317) 353-2173
3867 Aviation Way
Greenfield, IN
Hours
Mo-Fr 0700-1800
Sa 0700-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Shadeland Avenue HLE
(317) 353-2173
1321 North Shadeland Avenue
Indianapolis, IN
Hours
Mo-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., 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.

Enterprise Auto Rental
(317) 549-9822
801 Pendleton Pike
Indianapolis, IN
 
Enterprise Rent A Car
(317) 841-1826
9031 Technology Dr
Fishers, IN
 
Avis Rent A Car
(317) 842-7008
9243 E 141st St
Fishers, IN
 
Enterprise Auto Rental
(317) 359-3235
111 North Shadeland Avenue
Indianapolis, IN
 
Enterprise Auto Rental
(317) 352-0991
602 E Washington Street
Indianapolis, IN
 
Enterprise Auto Rental
(317) 913-6768
510 E 88Th Pl
Indianapolis, IN
 
Rent A Car
(317) 845-1868
11650 Lantern Rd
Fishers, IN
 
U-Haul Company
(317) 585-6936
12650 Ford Dr
Fishers, IN
 

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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