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New Cars - A Reality Check Mc Minnville 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 Rent-A-Car
(615) 661-6181
125 Franklin Rd
Brentwood, TN

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Enterprise Auto Rental
(901) 382-1242
771 Stage Rd
Bartlett, TN
 
Enterprise Auto Rental
(865) 342-1650
010 Airport Hotel Dr
Alcoa, TN
 
Hertz - Lovell Field Airport
(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 , Gold Counter Service
Additional Information
After Hours - After hour returns are allowed. Park vehicle in the Hertz area. Place keys and rental record in the drop box located at the counter. Bus - Approximately 12 miles from the bus station. Cab fare will be reimbursed with receipt. Please call upon arrival.

Hertz - Island Airport
(865) 970-3010
2701 Spence Place
Knoxville, TN
Hours
Mo-Fr 0800-1800, Sa-Su Closed.
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Enterprise Rent-A-Car
(615) 778-9450
625 Bakers Bridge Ave # 102
Franklin, TN

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Hertz - Knoxville Airport
(865) 342-3232
2187 Alcoa Highway
Knoxville, TN
Hours
Mo-Fr 0700-2400, Sa-Su 0800-2400
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
Located approximately 13 miles south of Knoxville near Alcoa, TN. After Hours - Meets commercial flights if reservation is received during regular businss hours. After hour returns are allowed. Park car in Hertz area, place keys and rental record in the drop box located at the counter.

Enterprise Auto Rental
(901) 345-8588
041 Brooks Road East
Memphis, TN
 
Enterprise Auto Rental
(615) 661-6181
25 Franklin Road
Brentwood, TN
 
Enterprise Auto Rental
(423) 877-5559
023 A Hixson Pike
Hixson, TN
 
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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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