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Difference Between Car Leasing and Renting Millsboro DE

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
(302) 645-5005
18767 Coastal Hwy
Rehoboth Beach, DE

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Budget Rent A Car
(302) 832-6425
1677 Pulaski Hwy
Bear, DE

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Hertz - Ashland Hercules Plaza
(302) 428-0637
1313 North Market Street
Wilmington, DE
Hours
Mo-Fr 0730-1900
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Ashland Chemical Company use only.

Enterprise Rent-A-Car
(302) 645-5005
18767 Coastal Hwy
Rehoboth Beach, DE

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Enterprise Rent-A-Car
(302) 292-0524
430 Newark Shopping Ctr
Newark, DE

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Budget Rent A Car
(410) 213-7391
11930 Ocean Gtwy
Ocean City, MD

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Hertz - Ashland Hercules Research
(302) 428-0637
500 Hercules Road
Wilmington, DE
Hours
Mo-Fr 0730-1900
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Ashland Chemical Company use only.

Hertz - Summit Aviation
(302) 376-8562
4200 Summit Bridge Road
Middletown, DE
Hours
Mo-Fr 0800-1700
Sa-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.

Hertz - Cheswold Airport
(302) 678-0700
127 Durham Lane
Dover, DE
Hours
Mo-Fr 0800-1800
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After hours - After hour returns are allowed. Leave the keys and the contract with FBO personnel.

Enterprise Rent-A-Car
(302) 575-1021
2415 Lancaster Ave
Wilmington, DE

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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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