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Difference Between Car Leasing and Renting Pekin IL

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 - Komatsu America Co.
(309) 697-0650
2300 N. E. Adams
Peoria, IL
Hours
Mo-Fr 0700-1900
Sa-Su 0900-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Komatsu Employees Only. This locations is for Private Flights only.

Hertz - Byerly Flying Service
(309) 697-0650
6100 West Everett McKinley Dirksen Parkway
Peoria, IL
Hours
Mo-Fr 0700-2230
Sa-Su 0900-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Hertz - Greater Peoria Airport
(309) 697-0650
6100 West Everett McKinley Dirksen Parkway
Peoria, IL
Hours
Mo-Fr 0700-2300
Sa 0800-1800
Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets scheduled flights Sunday through Friday, and American Eagle flight 3571 arriving at 2115 and United Express flight 6520 arriving at 2050 on Saturday as long as the reservation is received 24 hours in advance. After hour returns are allowed 0400-0030. Park the vehicle in the Hertz area, then leave the keys and rental agreement in the drop box, located at the counter. Bus - Approximately 7 miles from bus station. Cab fare will be reimbursed up to $8.55 with receipt.

Enterprise Auto Rental
(309) 676-5800
03 Ne Jefferson Ave
Peoria, IL
 
Enterprise Rent-A-Car
(309) 263-6600
2271 S Main St
Morton, IL

Data Provided by:
Enterprise Auto Rental
(309) 633-2200
100 W Everett M Dirksen Pkwy
Peoria, IL
 
Enterprise Rent-A-Car
(309) 633-2200
6100 W Everett M Dirksen Pkwy
Bartonville, IL

Data Provided by:
Enterprise Auto Rental
(309) 694-2555
00 Fairlane Drive
East, Peoria, IL
 
Enterprise Rent-A-Car
(309) 676-5800
203 NE Jefferson Avenue
Peoria, IL
 
Enterprise Auto Rental
(309) 682-6700
212 N University St
Peoria, IL
 
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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