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New Cars - A Reality Check Pekin IL

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 - Komatsu America Co.
(309) 697-0650
2300 N. E. Adams
Peoria, IL
Hours
Mo-Fr 0700-1900
Sa-Su 0900-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Komatsu Employees Only. This locations is for Private Flights only.

Enterprise Rent-A-Car
(309) 633-2200
6100 W Everett M Dirksen Pkwy
Bartonville, IL

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Hertz - Byerly Flying Service
(309) 697-0650
6100 West Everett McKinley Dirksen Parkway
Peoria, IL
Hours
Mo-Fr 0700-2230
Sa-Su 0900-2230
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only.

Enterprise Auto Rental
(309) 676-5800
03 Ne Jefferson Ave
Peoria, IL
 
Enterprise Auto Rental
(309) 682-6700
212 N University St
Peoria, IL
 
Hertz - Greater Peoria Airport
(309) 697-0650
6100 West Everett McKinley Dirksen Parkway
Peoria, IL
Hours
Mo-Fr 0700-2300
Sa 0800-1800
Su 0800-2300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
After Hours - Meets scheduled flights Sunday through Friday, and American Eagle flight 3571 arriving at 2115 and United Express flight 6520 arriving at 2050 on Saturday as long as the reservation is received 24 hours in advance. After hour returns are allowed 0400-0030. Park the vehicle in the Hertz area, then leave the keys and rental agreement in the drop box, located at the counter. Bus - Approximately 7 miles from bus station. Cab fare will be reimbursed up to $8.55 with receipt.

Enterprise Auto Rental
(309) 633-2200
100 W Everett M Dirksen Pkwy
Peoria, IL
 
Enterprise Auto Rental
(309) 694-2555
00 Fairlane Drive
East, Peoria, IL
 
Enterprise Rent-A-Car
(309) 676-5800
203 NE Jefferson Avenue
Peoria, IL
 
Enterprise Rent-A-Car
(309) 263-6600
2271 S Main St
Morton, IL

Data Provided by:
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) ...

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