Auto Leasing Guide
Go to LeaseGuide.com now !

Difference Between Car Leasing and Renting Portland OR

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.

Zipcar
(503) 328-3539
808 SW 3rd Avenue
Portland, OR
 
Mr. Formal Tuxedo Sales & Rentals
(503) 238-7216
1205 S.E. Grand Avenue
Portland, OR
 
Hertz - 330 Southwest Pine Street HLE
(503) 249-5727
330 Southwest Pine Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
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. In-Car Navigation System , 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. Located between 3rd and 4th Avenue directly across from the main entrance of Embassy Suites Hotel Downtown. Bus - Approximately 1 block from the Greyhound station and 1 mile from the Trailways station. Pickup service is available, or cab fare will be reimbursed with receipt.

Hertz - Mercedes Downtown HLE
(503) 223-1234
1605 Southwest Naito Parkway
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-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. In-Car Navigation System , 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.

Dollar Rent A Car
(503) 228-3540
132 NW Broadway
Portland, OR
 
Enterprise Auto Rental
(503) 230-1212
11 E. Burnside Street
Portland, OR
 
Enterprise Auto Rental
(503) 275-5359
45 Sw Pine St
Portland, OR
 
Hertz - Crown Plaza Hotel HLE
(503) 282-2644
1441 Northeast 2nd Avenue
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-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.

Budget Truck Rental
(503) 382-0001
2033 SW 4th Ave
Portland, ME
 
Enterprise Auto Rental
(503) 220-8200
623 W. Burnside Street
Portland, OR
 

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...

Click here to read the rest of this article from Lease Guide