Auto Leasing Guide
Go to LeaseGuide.com now !

New Cars - A Reality Check La Follette TN

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
(865) 922-0709
517B Maynardville Pike
Knoxville, TN
 
Enterprise Rent-A-Car
(901) 382-1242
5771 Stage Rd
Memphis, TN

Data Provided by:
Enterprise Auto Rental
(865) 694-8526
041 Kingston Pike
Knoxville, TN
 
Enterprise Auto Rental
(865) 579-5559
37 S Central St
Knoxville, TN
 
Hertz - Tac Air North
(423) 855-8131
1101 Airport Road
Chattanooga, TN
Hours
Mo-Fr 0700-2330, Sa 0800-2200, Su 0800-2330
Special Services
Child Seats, Hand Controls for Disabled Drivers Only

Enterprise Auto Rental
(901) 751-8588
263 Winchester Rd
Memphis, TN
 
Hertz - 2478 Highway 75
(423) 323-3701
2478 Highway 75
Kingsport, TN
Hours
Mo-Fr 0900-1730, 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
This location is for Insurance Replacement rentals only. After Hours - After hour returns are allowed.

Enterprise Rent-A-Car
(901) 396-3736
2909 Airways Blvd
Memphis, TN

Data Provided by:
Enterprise Rent-A-Car
(901) 465-2447
145 Bowers Rd
Oakland, TN

Data Provided by:
Hertz - Wilson Air Center
(901) 345-2992
2930 Winchester Road
Memphis, TN
Hours
24 hours, 7 days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. No walkins allowed.

Data Provided by:

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) ...

Click here to read the rest of this article from Lease Guide