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Difference Between Car Leasing and Renting Mound MN

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 - Elliott Aviation
(952) 233-1640
13801 Pioneer Trail
Eden Prairie, MN
Hours
0500-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Located at the Flying Cloud Airport, 15 miles west of the Minneapolis International Airport.

Enterprise Rent-A-Car
(952) 938-8825
10841 Excelsior Bl
Hopkins, MN

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Budget Rent A Car
(952) 445-8763
491 Marschall Rd
Shakopee, MN

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Enterprise Auto Rental
(952) 542-8535
801 Wayzata Blvd
Louis, Park, MN
 
Enterprise Auto Rental
(612) 824-8088
504 Lyndale Ave S
Minneapolis, MN
 
Hertz - Minnetonka HLE
(651) 301-2264
12550 Wayzata Boulevard
Minnetonka, MN
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
Located inside the dealership of Morries Hyundai Subaru. After Hours - After hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Budget Rent A Car
(952) 546-0897
10530 Excelsior Blvd
Hopkins, MN

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Hertz - 580 South Marschall Road HLE
(952) 233-1640
580 South Marschall Road
Shakopee, MN
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
After Hours - After hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Residence Inn
(952) 835-2427
3400 Edinborough Way
Edina, MN
Hours
Mo-Fr 0700-1800, Sa 0800-1600, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service

Hertz - 6201 Brooklyn Blvd HLE
(763) 535-1622
6201 Brooklyn Blvd
Maple Grove, MN
Hours
Mo 0700-1800, Tu-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.

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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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