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Difference Between Car Leasing and Renting Lenoir City 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.

Hertz - West Knoxville HLE
(865) 693-0529
201 North Seven Oaks Drive
Knoxville, TN
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., 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.

Enterprise Rent-A-Car
(865) 693-5939
8810 Kingston Pike
Knoxville, TN

Data Provided by:
Hertz - Tac Air
(865) 970-3010
2285 Airport Highway
Knoxville, TN
Hours
Mo-Fr 0700-2400, Sa-Su 0800-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Airportmotormile
(865) 970-2615
Alcoa Highway
Alcoa, TN
 
Enterprise Auto Rental
(865) 984-8448
262 Alcoa Hwy
Alcoa, TN
 
Enterprise Auto Rental
(865) 690-8448
616 Parkside Dr
Knoxville, TN
 
Enterprise Auto Rental
(865) 693-5939
810 Kingston Pike
Knoxville, TN
 
Enterprise Rent-A-Car
(865) 984-8448
3262 Alcoa Hwy
Alcoa, TN

Data Provided by:
Hertz - Knoxville Airport
(865) 342-3232
2187 Alcoa Highway
Knoxville, TN
Hours
Mo-Fr 0700-2400, Sa-Su 0800-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located approximately 13 miles south of Knoxville near Alcoa, TN. After Hours - Meets commercial flights if reservation is received during regular businss hours. After hour returns are allowed. Park car in Hertz area, place keys and rental record in the drop box located at the counter.

Enterprise Auto Rental
(865) 342-1650
010 Airport Hotel Dr
Alcoa, TN
 
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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