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New Cars - A Reality Check Austin TX

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.

Avis Rent A Car
(512) 371-1082
1610 W 35th St
Austin, TX
 
Used Cars Austin Texas
(512) 206-0005
5410 Airport Blvd
Austin, TX
 
Hertz - Downtown Austin HLE
(512) 457-1583
709 East 10th Street
Austin, TX
Hours
Mo-Fr 0730-1800, Sa 0900-1400, 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
After Hours - After hour returns are allowed. Park in the customer parking area, located on the side of the building. Leave the keys and rental agreement in the drop slot, located on the front door. Railroad - Approximately .5 miles from the train station.

A J Rental Car
(512) 989-6505
3301 N Interstate 35
Austin, TX
 
Enterprise Auto Rental
(512) 472-1373
19 S Lamar
Austin, TX
 
Enterprise Auto Rental
(512) 476-2300
201 West 5Th
Austin, TX
 
Advantage Rent A Car
(512) 480-3177
1100 N Interstate 35
Austin, TX
 
Cubit-Instant Access Cars
(512) 472-0069
411 Brazos St
Austin, TX
 
Enterprise Auto Rental
(512) 453-4402
817 N Lamar
Austin, TX
 
Hertz - Mazda North HLE
(512) 371-1250
6825 Burnet Road
Austin, TX
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. In-Car Navigation System , 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.

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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