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New Cars - A Reality Check Bellerose NY

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 - 2098 Jericho Turnpike HLE
(516) 328-0084
2098 Jericho Turnpike
New Hyde Park, NY
Hours
Mo-Fr 0730-1800, 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 , 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Pereza Auto Corp
(718) 651-4698
10601 27th Ave
East Elmhurst, NY
 
Avis Rent A Car
(718) 672-5137
9010 Grand Central Pkwy
East Elmhurst, NY
 
Laguardia Rent A Car
(718) 476-8181
3231 Junction Blvd
East Elmhurst, NY
 
Hertz - West Hempstead R and M Service
(516) 485-0945
260 Hempstead Turnpike
West Hempstead, NY
Hours
Mo-Fr 0800-1700, Sa 0800-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System

Hertz - Garden City Hotel
(516) 328-0084
45 7th Street
Garden City, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Hotel guests.

U-Haul Company
(718) 205-7446
10106 Astoria Blvd
East Elmhurst, NY
 
A Discount Rent A Car Inc
(718) 478-2843
3231 Junction Blvd
East Elmhurst, NY
 
Dollar Rent A Car
(718) 779-7456
La Guardia 22-61 94t St
East Elmhurst, NY
 
Budget Rent A Car
(718) 639-6400
8808 23rd Ave
East Elmhurst, NY
 

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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