Car leasing versus renting

Jul 5
0

Is there a difference between car leasing and renting a car? Absolutely! There are differences in obtaining a car through car leasing versus renting a car versus financing a car. Fundamentally the differences may sound similar, but it’s important to know and understand these differences.

Rent a Car

Renting a car is pretty much what is says. You pay x dollars at a set frequency (ex. hourly, daily, weekly, monthly). Renting a car is typically for a very short period of time, unlike car leasing which is 24, 36, 48 months (unless you take over a short term car lease on a lease transfer). When an individual rents a car, they typically incur a higher cost / fee for the time spent driving the vehicle. Continue reading “Car leasing versus renting” »

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Leasing a car vs. renting

Sep 20
0

Is there a difference between car leasing and renting a car? Absolutely!

There are differences in obtaining a car through car leasing, versus renting a car, versus financing a car. Fundamentally the differences may sound similar, but it’s important to know and understand these differences. Continue reading “Leasing a car vs. renting” »

Read more Leasing a car vs. renting