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New Cars - A Reality Check Youngstown OH

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 Penske Truck Rental
(724) 528-2131
Shenango Vly
Youngstown, OH
 
Legend Auto Works
(330) 743-0044
1776 Cherry St
Youngstown, OH
 
Penske Truck Rental
(330) 759-9110
5925 Belmont Ave
Youngstown, OH
 
Xpress Rent A Car
(330) 782-9684
4280 Lake Park Rd
Youngstown, OH
 
Hertz Corp
(330) 965-9443
8162 Market St Ste A
Youngstown, OH
 
U-Haul Company
(330) 744-4146
1033 Mahoning Ave
Youngstown, OH
 
U Save Auto Rental
(330) 792-5580
975 Bears Den Rd
Youngstown, OH
 
Hertz - 7735 Market Street HLE
(330) 965-9443
7735 Market Street
Youngstown, OH
Hours
Mo-Fr 0730-1730, Sa 0900-1200, Su Closed
Special Services
Child Seats, 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
After Hours - After hour returns are allowed. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Affordable Car Rental Boardman
(330) 965-0808
900 Wick Ave
Youngstown, OH
 
Enterprise Rent A Car
(330) 726-7300
7880 Market St
Youngstown, OH
 

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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