Common Lease Questions and Terminology Los Banos CA

Vehicle leasing is a contract to acquire the use of the vehicle for only a specific period. Most often it is for a two- or three-year period of time. In most cases, the lease payment will be lower than the purchase payment, making leasing increasingly popular as the price of new vehicles continues to rise.

Hertz - Santos Ford HLE
(209) 827-0133
617 West Pacheco Blvd
Los Banos, CA
Hours
Mo-Fr 0800-1800
Sa 0900-1800
Su 1100-1600
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., 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.

U-Haul Company
(909) 873-2486
2775 W Foothill Blvd
Rialto, CA
 
J & L Towing
(530) 945-2462
3298 Ballsferry Rd
Cottonwood, CA
Special Services
towing

Hertz - Miramonte Resort and Spa
(760) 775-7217
45 000 Indian Wells Lane
Indian Wells, CA
Hours
Mo-Fr 0900-1200 and 1300-1500,Sa 0900-1300,Su Closed
Special Services
Child Seats, Gold Counter Service
Additional Information
This location is for Hotel Guests only.

U-Haul Company
(512) 396-7017
1900 Ranch Road 12
San Marcos, CA
 
Hertz - Marriott Hotel HLE
(818) 999-5049
21850 Oxnard Street
Woodland Hills, CA
Hours
Mo-Fr 0730-1800
Sa-Su 0900-1300
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , 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.

Budget Rent A Car
(949) 347-0339
28570 Marguerite Pkwy # 106
Mission Viejo, CA

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Hertz - Auburn Municipal Airport
(530) 889-0660
2409 Rickenbacker Way
Auburn, CA
Hours
Mo-Fr 0730-1800
Sa 0900-1300
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
This location is for Private Flights only.

Hertz - Country Club Auto Body
(559) 673-2404
17094 Road 26
Madera, CA
Hours
Mo-Fr 0800-1700
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., 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
This location is for insurance replacement rentals only.

Hertz - Signature Flight Support
(562) 420-2322
3333 East Spring Street
Long Beach, CA
Hours
0630-2230 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. Walkins are not allowed. Previous known as AeroPlex Million Air.

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Common Lease Questions and Terminology

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Vehicle leasing is a contract to acquire the use of the vehicle for only a specific period. Most often it is for a two- or three-year period of time. In most cases, the lease payment will be lower than the purchase payment, making leasing increasingly popular as the price of new vehicles continues to rise.

Why are lease payments often less than finance payments?
A finance purchase requires payment for the full negotiated value of the vehicle during the term of the loan (the full cost of the vehicle can be determined by adding the down payment, monthly payments, interest, taxes, and any other associated fees). Since you will own and take title to the vehicle at the end of the term, the bank has little interest in the vehicle itself"other than its collateral value during the loan. A lease only requires you to pay for the depreciation of the vehicle during the contracted term in which you wish to operate it. In effect, you are only paying for the portion of the vehicle you use.

Additionally, with a lease, the leasing company owns the vehicle. This relationship means the lessee has a responsibility to maintain the vehicle according to strict standards defined in the lease contract. Specific terms set limits as to the amount of damage ("wear and tear") or mileage ("mileage allowance") allowed on the vehicle during the lease period. Leasing companies also require their vehicles to be properly insured and maintained during the lease....

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