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New Cars - A Reality Check Belleville NJ

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.

American Auto Leasing Co
(973) 674-5670
20 N Park St
East Orange, NJ
 
Enterprise Auto Rental
(973) 783-3868
13 Grove Street
Montclair, NJ
 
Enterprise Auto Rental
(973) 678-9950
88 Central Ave.
East, Orange, NJ
 
Enterprise Auto Rental
(973) 622-2900
85 Mccarter Hwy
Newark, NJ
 
Enterprise Auto Rental
(973) 242-8300
Raymond Plz W/ Penn Station
Newark, NJ
 
Hertz - Clare Pine Service Center HLE
(973) 744-7409
40 Claremont Avenue
Montclair, NJ
Hours
Mo-Fr 0800-1800, 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 , 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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Rent A Car
(973) 678-9950
388 Central Ave
East Orange, NJ
 
Hertz - Clifton Downtown HLE
(973) 777-1879
593 Broad Street
Clifton, NJ
Hours
Mo-Fr 0730-1730, Sa 0730-1600, 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., 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.

U-Haul Company
(973) 676-9268
245 Snyder St
Orange, NJ
 
Budget Car & Truck Rental
(973) 674-0170
474 Main St
Orange, NJ
 

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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