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Difference Between Car Leasing and Renting Vincennes IN

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 - Riverdale Body Shop HLE
(219) 635-9600
2500 Indianapolis Boulevard
Schererville, IN
Hours
Mo-Fr 0800-1700
Sa 0800-1200
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.

Hertz - 3250 West Coliseum HLE
(260) 373-1113
3250 West Coliseum
Fort Wayne, IN
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., 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.

Budget Rent A Car
(260) 440-7430
3229 N Clinton St
Fort Wayne, IN

Data Provided by:
Budget Truck Rental
(812) 336-1181
912 S Walnut St
Bloomington, IN
 
Alamo Rent A Car
(812) 339-3443
1616 S Walnut St
Bloomington, IN
 
Avis Rent A Car
(812) 332-0494
3295 W 3rd St
Bloomington, IN
 
Enterprise Auto Rental
(317) 247-7555
801 Col H Weir Cook Memorial
Indianapolis, IN
 
Hertz - Tri-State Aero
(812) 425-7141
6101 Flightline Drive
Evansville, IN
Hours
Mo-Sa 0700-2230
Su 0800-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Enterprise Auto Rental
(317) 632-2214
115 West 16Th Street
Indianapolis, IN
 
Hertz - 317 East McKinley HLE
(574) 252-5119
317 East McKinley
Mishawaka, IN
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., 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.

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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