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New Cars - A Reality Check East Providence RI

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.

Enterprise Auto Rental
(401) 438-8550
65 Waterman Ave
East, Providence, RI
 
Hertz - Amtrak Station
(401) 274-4043
100 Gaspee Street
Providence, RI
Hours
Mo-Fr 0830-1730, 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. In-Car Navigation System
Additional Information
After Hours - Cab fare will be reimbursed to the Providence T F Green Airport location up to $20 with receipt.

Enterprise Rent A Car
(401) 781-0125
101 Cadillac Dr
Cranston, RI
 
Hertz - North Providence HLE
(401) 353-8317
1375 Mineral Springs Avenue
Providence, RI
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., 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. Complete rental agreement and place keys and rental agreement in drop box located by the location's front door.

Hertz - 400 Silver Spring Street HLE
(401) 274-4043
400 Silver Spring Street
Providence, RI
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. Complete rental agreement and place keys and rental agreement in drop box located by the location's front door.

Hertz - East Providence HLE
(401) 431-5176
630 Taunton Avenue
Providence, RI
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., 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. Complete rental agreement and place keys and rental agreement in drop box located by the location's front door.

Enterprise Auto Rental
(401) 861-4408
0 Weybosset St
Providence, RI
 
Enterprise Rent A Car
(401) 946-0470
333 Niantic Ave
Cranston, RI
 
U-Haul Company
(401) 521-6333
464 Broad St
Cranston, RI
 
Enterprise Auto Rental
(401) 946-3888
33 Niantic Avenue
Cranston, RI
 

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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