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New Cars - A Reality Check Cleveland OH

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 - Rockwell Landerhaven
(216) 265-1207
1 Allen Bradley Drive
Mayfield Heights, OH
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Rockwell Corporation use only.

Enterprise Auto Rental
(216) 664-1776
77 Saint Clair Ave Ne
Cleveland, OH
 
Enterprise Auto Rental
(216) 921-9805
596 Lee Rd
Shaker, Heights, OH
 
Hertz - 11800 Madison Avenue HLE
(216) 521-0180
11800 Madison Avenue
Lakewood, OH
Hours
Mo-Fr 0800-1800, Sa-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. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(216) 227-2100
548 W 117Th St
Lakewood, OH
 
Hertz - Landmark
(216) 267-8900
1601 North Marginal Road
Cleveland, OH
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(216) 696-7500
802 Superior Ave E
Cleveland, OH
 
Hertz - 4253 Mayfield Road HLE
(216) 382-4825
4253 Mayfield Road
South Euclid, OH
Hours
Mo-Fr 0730-1730, 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., 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. Record the return date and time, mileage, and tank level on rental agreement jacket. Leave the keys and rental agreement in the drop box located next to the front door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Enterprise Auto Rental
(216) 251-7119
5931 Lorain Ave
Cleveland, OH
 
Enterprise Auto Rental
(216) 397-7600
200 Mayfield Rd
Cleveland, Heights, OH
 

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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