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New Cars - A Reality Check Silver City NM

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
(505) 922-1440
300 Coors Nw
Albuquerque, NM
 
Penske Truck Rental
(575) 526-9024
2001 S Valley Dr
Las Cruces, NM
 
Enterprise Rent-A-Car
(505) 474-3234
4462 Cerrillos Rd
Santa Fe, NM

Data Provided by:
Hertz - 2010 Cerrillios Road HLE
(505) 438-4650
2010 Cerrillios Road
Santa Fe, NM
Hours
Mo-Fr 0730-1800, Sa 0900-1300, 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 Corp
(575) 521-4807
705 S Telshor Blvd
Las Cruces, NM
 
Hertz - Holloman Air Force Base HLE
(575) 443-1155
3500 Airport Road
Alamogordo, NM
Hours
Mo-Fr 0800-1730, Sa 0900-1300, 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
Additional Information
Located at the White Sands Regional Airport. After Hours - After hour rentuns are allowed. Park car in the Hertz area. Place keys and rental agreement in drop box next to the door.

Enterprise Auto Rental
(505) 765-9100
400 University Ave Suite D
Albuquerque, NM
 
Hertz - Amtrak Train Station
(505) 842-4235
301 1st Street
Albuquerque, NM
Hours
1030-1700 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
Located approximately 5 miles from the Albuquerque International Airport.

Enterprise Rent-A-Car
(505) 473-3600
2641 Cerrillos Rd # A
Santa Fe, NM

Data Provided by:
Hertz - Cutter Aviation FBO
(505) 243-7011
2502 Clark Car Loop Southeast
Albuquerque, NM
Hours
0700-2200 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - After hour reservations are allowed. Please call the Albuquerque International Airport location, 3400 University S. E. upon arrival to for pickup or delivery service - 505-842-4235.

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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