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Difference Between Car Leasing and Renting La Follette TN

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 Auto Rental
(865) 922-0709
517B Maynardville Pike
Knoxville, TN
 
Hertz - Tri City Airport
(423) 325-6200
2525 Highway 75
Kingsport, TN
Hours
Mo-Fr 0600-2330, Sa-Su 0700-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - Meets flights if reservation is received during regular business hours. After hours returns are permitted. Park the vehicle in the Hertz area, the place the keys and rental agreement in the drop box, located at the Hertz counter. Bus - Approximately 17 miles from the bus station. Pickup service is available if reservation is received at least 7 days in advance.

Dollar Rent A Car
(901) 346-3161
2780 Airways Blvd
Memphis, TN

Data Provided by:
Enterprise Rent-A-Car
(615) 661-6181
125 Franklin Rd
Brentwood, TN

Data Provided by:
Enterprise Auto Rental
(423) 855-2288
001 Airport Rd
Chattanooga, TN
 
Enterprise Rent-A-Car
(901) 794-3605
5764 Mount Moriah Rd
Memphis, TN

Data Provided by:
Enterprise Rent-A-Car
(731) 884-0200
1601 W Reelfoot Ave # 4
Union City, TN

Data Provided by:
Hertz - Atlantic Aviation
(615) 361-3131
635 Hanger Lane
Nashville, TN
Hours
24 hours, 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

Hertz - Lebanon Municipal Airport
(615) 449-7148
760 Franklin Road
Lebanon, TN
Hours
Mo-Fr 0700-1800, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(615) 650-6901
206 Gallatin Pike
Nashville, TN
 
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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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