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New Cars - A Reality Check Portland OR

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.

Mr. Formal Tuxedo Sales & Rentals
(503) 238-7216
1205 S.E. Grand Avenue
Portland, OR
 
Enterprise Auto Rental
(503) 275-5359
45 Sw Pine St
Portland, OR
 
Enterprise Auto Rental
(503) 230-1212
11 E. Burnside Street
Portland, OR
 
Enterprise Auto Rental
(503) 963-1795
740 Ne Sandy Blvd
Portland, OR
 
Enterprise Auto Rental
(503) 220-8200
623 W. Burnside Street
Portland, OR
 
Zipcar
(503) 328-3539
808 SW 3rd Avenue
Portland, OR
 
Hertz - 330 Southwest Pine Street HLE
(503) 249-5727
330 Southwest Pine Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
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 , 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. Located between 3rd and 4th Avenue directly across from the main entrance of Embassy Suites Hotel Downtown. Bus - Approximately 1 block from the Greyhound station and 1 mile from the Trailways station. Pickup service is available, or cab fare will be reimbursed with receipt.

Hertz - Mercedes Downtown HLE
(503) 223-1234
1605 Southwest Naito Parkway
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-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 , 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.

Hertz - Amtrak Portland
(503) 249-5727
800 N.W. 6th Street
Portland, OR
Hours
Mo-Fr 0730-1800, Sa-Su 0800-1600
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Amtrak arrivals only. After Hours - Please reserve at the Portland International Airport, 9445 N. E. Airport Way. Cab fare will be reimbursed up to $30.00 with receipt.

Budget Truck Rental
(503) 382-0001
2033 SW 4th Ave
Portland, ME
 

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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