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Difference Between Car Leasing and Renting Mason City IA

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
(641) 423-8300
2740 4th St Sw
Mason City, IA

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Enterprise Auto Rental
(515) 262-2222
545 E Euclid Ave
Des, Moines, IA
 
Budget Truck & Car Rental
(319) 351-4529
1640 Hwy 1 W
Iowa City, IA
 
Penske Truck Rental
(319) 273-8026
1923 E Mitchell Ave
Waterloo, IA
 
Hertz - Waterloo Airport
(319) 287-5189
2790 Livingston Lane
Waterloo, IA
Hours
Mo-Fr 1000-1700 and 2200-2400
Sa 1000-1700
Su 1200-1700 and 2200-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in the Hertz area, then place the keys and rental agreement in the drop box, located at the Hertz counter.

Hertz - Mason City Airport HLE
(641) 423-6536
9184 265th Street
Mason City, IA
Hours
Mo-Fr 0800-1700
Sa Closed
Su 1300-1600
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
This location is in Clearlake, Iowa at Highway 18 West. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Livingston FBO
(319) 287-5189
2814 Betsworth
Waterloo, IA
Hours
Mo-Sa 1000-1900
Su 1400-1900
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 FBO parking lot. Please leave the keys and contract at the FBO counter.

PRO Sign Champion Screen Print & Embroidery
(319) 233-2255
2519 Falls Ave
Waterloo, IA
 
Enterprise Auto Rental
(515) 252-8800
999 Hickman Rd
Des, Moines, IA
 
Hertz - Bob Brown Chevrolet
(515) 270-3828
4224 Merle Hay Road
Des Moines, IA
Hours
Mo-Fr 0700-1730
Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , 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
This location is for Insurance Replacement Rentals only. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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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