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New Cars - A Reality Check Arvada CO

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 - Wyndham Phoenix
(602) 636-1353
50 East Adams Street
Phoenix, AZ
Hours
Mo-Fr 0700-1800
Sa 0800-1600
Su 1200-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Hotel Guests only. After Hours - After hour returns are allowed. Park the vehicle in the hotel parking garage. Leave the keys and contract with the valet or the front desk.

U-Haul Company
(303) 423-1292
6275 Wadsworth Byp
Westminster, CO
 
Hertz Corp
(303) 432-3186
5595 Sheridan Blvd # A
Arvada, CO
 
Penske Truck Rental
(303) 426-8086
7900 Federal Blvd
Westminster, CO
 
Hertz - Broomfield Stevens Aviation
(303) 465-0081
11905 Corporate Way
Broomfield, CO
Hours
Mo-Fr 0730-1800
Sa-Su 0800-1600.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Located at the Rocky Mountain Metropolitan Airport. This location is for Private Flights only.

U-Haul Company
(303) 422-0121
6490 W 56th Ave
Arvada, CO
 
U-Haul Company
(303) 657-1970
5295 Sheridan Blvd
Arvada, CO
 
Dollar
(303) 427-0331
3019 W 74th Ave
Westminster, CO
 
Enterprise Rent A Car
(303) 429-9376
9100 Pierce St
Westminster, CO
 
Enterprise Rent A Car
(303) 428-9999
7398 Federal Blvd
Westminster, CO
 

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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