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New Cars - A Reality Check Westland MI

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.

U-Haul Company
(734) 466-9091
7840 N Wayne Rd
Westland, MI
 
U-Haul Company
(734) 729-3165
5215 S Merriman Rd
Westland, MI
 
Altra Auto Rental
(800) 464-6359
33300 Warren Rd
Westland, MI
 
Hertz - Plymouth Road HLE
(734) 525-9870
33910 Plymouth Road
Livonia, MI
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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

U-Haul Company
(734) 397-0825
41479 Michigan Ave
Canton, MI
 
U-Haul Company
(734) 844-2112
39205 Ford Rd
Westland, MI
 
Penske Truck Rental
(734) 729-3097
27429 Joy Rd
Westland, MI
 
Mikes Modern Classics
(734) 721-0730
1118 S Newburgh Rd
Westland, MI
 
Penske Truck Rental
(734) 981-5866
47255 Michigan Ave
Canton, MI
 
U-Haul Company
(734) 595-6796
40600 Michigan Ave
Canton, MI
 

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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