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New Cars - A Reality Check Lumberton NC

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
(336) 275-1299
01 W. Lee Street
Greensboro, NC
 
Hertz - Tac Air
(919) 840-4875
1725 East International Drive
Raleigh, NC
Hours
0600-0030 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(919) 732-5129
112 John Earl St # B
Hillsborough, NC

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Budget Rent A Car
(919) 217-5633
2201 Wide Waters Pkwy Ste L
Knightdale, NC

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Hertz - John Deere Fuquay Varina
(919) 303-5183
6501 Highway 55 East
Fuquay Varina, NC
Hours
Mo-Fr 0800-1800, Sa 0900-1200, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for John Deere Company use only. After Hours - After hour returns are allowd. Please see the lot attendant for parking instructions. Leave keys and contract with John Deere security.

Enterprise Rent-A-Car
(704) 636-2446
1823 South Main St.
Salisbury, NC
 
Enterprise Rent-A-Car
(704) 552-7704
6030 Piedmont Row Dr S
Charlotte, NC

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Enterprise Auto Rental
(704) 348-4433
102 S. Tryon St.
Charlotte, NC
 
Enterprise Rent-A-Car
(919) 620-1810
4504a N Roxboro St
Durham, NC

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Hertz - Wilson Air Center
(704) 359-0114
5400 Airport Drive
Charlotte, NC
Hours
0600-2300 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Formerly known as Signature Air. This location is for Private Flights only. All reservations require private flight arrival, even for customers arriving by private plane on a previous day.

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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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