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New Cars - A Reality Check Albuquerque 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.

Hertz - Albuquerque International Airport
(505) 842-4235
3400 University Southeast
Albuquerque, NM
Hours
0500-0100 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles
Additional Information
After Hours - After hour returns are allowed.

Hertz - Cutter Aviation FBO
(505) 243-7011
2502 Clark Car Loop Southeast
Albuquerque, NM
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hour reservations are allowed. Please call the Albuquerque International Airport location, 3400 University S. E. upon arrival to for pickup or delivery service - 505-842-4235.

Hertz - Atlantic Aviation
(505) 842-4235
2505 Clark Carr Loop S.E.
Albuquerque, NM
Hours
0500-0100 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Amtrak Train Station
(505) 842-4235
301 1st Street
Albuquerque, NM
Hours
1030-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Located approximately 5 miles from the Albuquerque International Airport.

Enterprise Auto Rental
(505) 248-9868
01 3Rd St Nw Ste P
Albuquerque, NM
 
Enterprise Auto Rental
(505) 248-9933
502 Clark-Carr Loop Se
Albuquerque, NM
 
Enterprise Auto Rental
(505) 266-6616
833 Lomas Boulevard Ne
Albuquerque, NM
 
Enterprise Auto Rental
(505) 764-9173
200 Lomas Blvd Ne
Albuquerque, NM
 
Enterprise Rent-A-Car
(505) 764-9173
1200 Lomas Blvd Ne
Albuquerque, NM

Data Provided by:
Enterprise Auto Rental
(505) 343-1778
522 2Nd St Nw
Albuquerque, NM
 
Data Provided by:

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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