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Difference Between Car Leasing and Renting Palmer AK

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
(907) 373-2080
4535 E Greenstreet Cir # 1
Wasilla, AK

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Hertz - 600 Port Avenue
(907) 224-4378
600 Port Avenue
Seward, AK
Hours
0800-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets reservations up to 2100 if received during regular business hours. After hour returns are allowed. Park vehicle in the Hertz area, place keys and rental record in the drop box located next to the door on the window. Pier - Approximately 1/4 mile from the cruise ship terminal. Pickup service is available. Please call upon arrival.

Hertz - Juneau Municipal Airport
(907) 789-9494
1873 Shell Simmons Drive
Juneau, AK
Hours
0630-2200 7 Days
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
Additional Information
After Hours - After hour returns are allowed. Park the vehicle in a Hertz stall. Place keys and rental record in the drop box located at the Hertz counter. Pier - Approximately 5 miles from the pier. Cab fare will be reimbursed up to $20.00 with receipt.

National Car & Truck Rental
(907) 451-7368
4960 Dale Rd
Fairbanks, AK

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Hertz - Homer Airport
(907) 235-0734
3720 FAA Road
Homer, AK
Hours
Mo-Fr 0500-2200
Sa 0600-2200
Su 0900-2200
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - Meets reservations if received at least 24 hour in advance. After hour returns are allowed. Park car in Hertz area, place keys and rental record in glove box and lock car.

Enterprise Auto Rental
(907) 277-1600
26 E 4Th Ave
Anchorage, AK
 
Hertz - Dale Road
(907) 452-4444
4520 Dale Road
Fairbanks, AK
Hours
Mo-Fr 0800-1700
Sa-Su closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Auto Rental
(907) 563-5050
10 E Intl Airport Rd
Anchorage, AK
 
Hertz - Signature Flight Support
(907) 248-9595
6121 South Airpark Place
Anchorage, AK
Hours
24 Hours
7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(907) 373-2080
4535 E Greenstreet Cir # 1
Wasilla, AK

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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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