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Difference Between Car Leasing and Renting Los Alamos NM

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 - Los Alamos Airport HLE
(505) 662-8907
1040 Airport Road
Los Alamos, NM
Hours
Mo-Fr 0730-1800, Sa 0730-1300, Su 0730-1500
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
After Hours - After hour returns are allowed.

Penske Truck Rental
(575) 526-9024
2001 S Valley Dr
Las Cruces, NM
 
Hertz - Adventure Aviation
(575) 521-4807
8960 Zia Blvd
Las Cruces, NM
Hours
Mo-Fr 0830-1630, Sa 1000-1200, Su closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Dona Ana County Airport
(915) 775-6960
8000 Airport Road
Santa Teresa, NM
Hours
0500-2400 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System

Enterprise Rent-A-Car
(575) 234-1177
1710 S Canal St
Carlsbad, NM

Data Provided by:
Enterprise Auto Rental
(505) 248-9868
01 3Rd St Nw Ste P
Albuquerque, NM
 
Hertz - Bode Aviation
(505) 899-5980
7401 Paseo Del Volcan Northwest
Albuquerque, NM
Hours
0800-2000 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles
Additional Information
This location is for Private Flights only. Located at the Double Eagle Airport.

Enterprise Auto Rental
(505) 255-4085
401 1St Street Bldg 20224
Kirtland, Afb, NM
 
Star Fire Transportation
(575) 522-0750
5010 Anasazi Trl
Las Cruces, NM
 
Enterprise Rent A Car
(575) 523-5351
2285 E Lohman Ave
Las Cruces, NM
 
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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