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New Cars - A Reality Check Barre VT

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 - Amtrak Essex Junction
(802) 864-7409
29 Railroad Avenue
Burlington, VT
Hours
Mo-Fr 0615-2330, Sa-Su 0700-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles
Additional Information
After Hours - After hour rentals are allowed. Cab fare up to $20.00 will be reimbursed with receipt. Location is approximately 5 miles from the Burlington Airport.

Hertz - Atlantic Aviation
(802) 657-3100
1130 Airport Drive
Burlington, VT
Hours
Mo-Fr 0630-2330, Sa-Su 0700-2330
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.

U-Haul Company
(336) 229-1118
1550 Industry Dr
Burlington, VT
 
Ray Mini Storage
(336) 227-3677
141 N Beaumont Ave
Burlington, VT
 
Hertz Penske Truck Rental
(336) 584-2080
628 Huffman Mill Rd
Burlington, VT
 
Avis Rent A Car
(336) 227-3260
3441 N Aviation Dr
Burlington, VT
 
U-Haul Company
(336) 437-0509
2105 N Church St
Burlington, VT
 
U-Haul Company
(336) 226-6136
812 Plantation Dr
Burlington, VT
 
Hertz - Rutland Airport
(802) 775-3353
1002 Airport Road
Rutland, VT
Hours
Mo-Fr 0800-1800, Sa-Su 0900-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Rent A Car
(336) 229-0336
2326 N Church St
Burlington, VT
 

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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