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Difference Between Car Leasing and Renting Huntington 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.

Enterprise Rent-A-Car
(260) 358-9322
239 Hauenstein Rd
Huntington, IN

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Enterprise Auto Rental
(260) 478-8715
833 W Ferguson Rd
Fort, Wayne, IN
 
Hertz - Atlantic Aviation
(260) 747-6108
4021 Air Street
Fort Wayne, IN
Hours
Mo-Fr 0600-2400
Sa 0700-2200
Su 0700-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park vehicle in the Hertz area, place keys and rental record in the drop box.

U-Haul Company
(317) 585-6936
12650 Ford Dr
Fishers, IN
 
Express Rent-A-Center
(812) 334-1013
3098 S Walnut St
Bloomington, IN
 
Enterprise Auto Rental
(260) 432-0880
015 Lawrence Drive
Fort, Wayne, IN
 
Hertz - Ft. Wayne International Airport
(260) 747-6108
3801 West Ferguson Road
Fort Wayne, IN
Hours
Su-Fr 0800-2400
Sa 0800-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After hours - After hour returns are allowed. Park car in Hertz area. Place keys and rental record in drop box.

Enterprise Rent-A-Car
(765) 474-0858
3107 Builder Dr
Lafayette, IN

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Budget Rent A Car
(812) 376-7697
735 Whitfield Dr
Columbus, IN

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Hertz - Gary Jet Center
(708) 596-1857
5401 Industrial Highway
Gary, IN
Hours
Mo-Fr 0800-1800
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. All reservations require a valid flight number.

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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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