Auto Leasing Guide
Go to LeaseGuide.com now !

Difference Between Car Leasing and Renting Russellville AR

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
(479) 648-1117
1410 S Zero St
Fort Smith, AR
 
Enterprise Auto Rental
(501) 316-4141
9821 Interstate 30
Benton, AR
 
Hertz - Drake Field
(479) 443-4343
4500 South School Avenue
Fayetteville, AR
Hours
Mo-Fr 0800-2100
Sa-Su 0800-2000
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only. Walkins are not allowed.

Enterprise Auto Rental
(501) 227-7368
1301 West Markham
Little, Rock, AR
 
Penske Truck Rental
(479) 649-8513
23 N 11th St
Fort Smith, AR
 
PacLease
(479) 785-9600
901 Fresno St
Fort Smith, AR
 
Town & Country International Inc
(870) 932-8383
1701 E Parker Rd
Jonesboro, AR
 
Hertz - 2145 Creek View Drive HLE
(479) 444-6862
2145 Creek View Drive
Fayetteville, AR
Hours
Mo-Fr 0730-1730
Sa 0830-1230
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., 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
For commercial flight arrivals please use the Northwest Arkansas Regional Airport location. After Hours - After hour returns are allowed. Complete check-in information on front of rental jacket.. Drop keys and contract in the after hour return slot located on the back overhead garage door on the south side of the building.

Avis Rent A Car
(910) 487-9065
419 Cross Creek Mall Ste 400
Fayetteville, AR
 
U-Haul Company
(479) 649-9217
4700 Zero St
Fort Smith, AR
 

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