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New Cars - A Reality Check Alamogordo NM

There is a common misconception that new-car dealers finance the cars they sell or lease. Not true. Dealers don't make loans or finance leases. A dealer may run a preliminary credit check on you prior to completing your paperwork, but this should not be interpreted as approval of your loan or lease application.

Enterprise Rent-A-Car
(575) 434-9010
1200 N White Sands Blvd # 109
Alamogordo, NM

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Hertz - Bode Aviation
(505) 899-5980
7401 Paseo Del Volcan Northwest
Albuquerque, NM
Hours
0800-2000 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles
Additional Information
This location is for Private Flights only. Located at the Double Eagle Airport.

Enterprise Rent-A-Car
(505) 764-9173
1200 Lomas Blvd Ne
Albuquerque, NM

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Enterprise Rent-A-Car
(575) 434-9010
1200 N White Sands Blvd # 109
Alamogordo, NM

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Enterprise Auto Rental
(505) 986-1414
611 St. Michael'S Drive
Santa, Fe, NM
 
Hertz - Holloman Air Force Base HLE
(575) 443-1155
3500 Airport Road
Alamogordo, NM
Hours
Mo-Fr 0800-1730, Sa 0900-1300, 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
Additional Information
Located at the White Sands Regional Airport. After Hours - After hour rentuns are allowed. Park car in the Hertz area. Place keys and rental agreement in drop box next to the door.

Hertz - Roswell Industrial Air Center
(575) 347-2211
1 Jerry Smith Circle
Roswell, NM
Hours
Mo-Fr 0800-2100, Sa 0800-1400, Su 1000-2100
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., Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hour returns are allowed Monday-Saturday 0600-0800, Sunday 0800-1000. Park the vehicle in the Hertz area. Place keys and rental record in the drop box, located at the counter.

Rio Transit
(505) 994-1608
4330 Meadowlark Ln SE
Rio Rancho, NM
 
Star Fire Transportation
(575) 522-0750
5010 Anasazi Trl
Las Cruces, NM
 
Rent A Wheel
(575) 523-9770
110 W Picacho Ave
Las Cruces, NM
 
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New Cars - A Reality Check

In the years we've been in the automotive advice business we’ve received thousands of emails with questions about buying and leasing new cars.

Although each reader's situation is different, there seem to be general issues that show up over and over again that represent some common misunderstandings and misconceptions about new car buying and leasing. Let's address some of them now.

New cars are not financed by dealers
There is a common misconception that new-car dealers finance the cars they sell or lease. Not true. Dealers don't make loans or finance leases. A dealer may run a preliminary credit check on you prior to completing your paperwork, but this should not be interpreted as approval of your loan or lease application. He just wants to make sure he's not wasting his time on someone with serious credit problems.

A new-car purchase or lease deal is contingent on the dealer being able to find a finance company or bank who will agree to finance your deal, based on your credit history and debt load. The finance company pays the dealer for the car (which means the finance company owns the car), and arranges for the customer to pay them back the money for that car, plus interest. See for more details.

Dealers can ask you to return your new car
A dealer will allow you to drive away in his new car immediately after you've signed your loan or lease papers. This does not mean your credit has been approved or that your loan (or lease) ...

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