Do you need an auto for a few days? Or perhaps you need a ride for a month? Do you want an auto that you can call yours but are still undecided whether it's the best choice? Why don't you offer that vehicle 24 months before you can be certain it's the right one? In addition to outright purchasing an auto, there are two other options you can take. You can rent a vehicle or lease it.
Car rental and leasing are often used alternately, but there are differences between the two. When you like an auto financing option, you can lease but not rent. Vehicle rental means you pay the rental business for the use of a vehicle for a predetermined duration of time. Rental duration can go as short as one day to as long as one year. At the end of the rental duration, you would have to return the vehicle and have no further right to use it unless you extend your rental period.
Leasing is often the ideal option of people who are thinking of buying a vehicle but are still not sure of it. They get to lease a new vehicle of their option for a predetermined period of time, often two or three years, and pay a percentage of the car's value during the leasing duration. At the end, if their deal permits it, they can buy the car on its remaining balance or they can just return it.
They get complete use of the car minus the hassles and other costs tied to it, such as taxes, but they won't actually own it. The real owner is still the leasing firm. They can walk away after the deal and after paying for any damages or extra mileage used. Some deals are open-ended leases, which mean that the lessee should also pay the difference between the estimated cost they paid and the real worth of the vehicle during the leasing period.
To rent, however, is a totally different concept. It is probably a better option for you than leasing because you can rent a car for a few days, weeks, or months, and give it back anytime as you are not tied to a lengthy leasing contract. If you like, you can rent a specific vehicle model for one week and another one the next.
There are two choices in renting: short-term or long-term. auto rent business companies normally give more discounts to long period rental contracts to encourage clients. You can also have flexible conditions with renting long term, like added tax alternatives besides the basic coverage. So if you are in another state or country for a couple of months, you would have no trouble with renting.
Car rental and leasing are often used alternately, but there are differences between the two. When you like an auto financing option, you can lease but not rent. Vehicle rental means you pay the rental business for the use of a vehicle for a predetermined duration of time. Rental duration can go as short as one day to as long as one year. At the end of the rental duration, you would have to return the vehicle and have no further right to use it unless you extend your rental period.
Leasing is often the ideal option of people who are thinking of buying a vehicle but are still not sure of it. They get to lease a new vehicle of their option for a predetermined period of time, often two or three years, and pay a percentage of the car's value during the leasing duration. At the end, if their deal permits it, they can buy the car on its remaining balance or they can just return it.
They get complete use of the car minus the hassles and other costs tied to it, such as taxes, but they won't actually own it. The real owner is still the leasing firm. They can walk away after the deal and after paying for any damages or extra mileage used. Some deals are open-ended leases, which mean that the lessee should also pay the difference between the estimated cost they paid and the real worth of the vehicle during the leasing period.
To rent, however, is a totally different concept. It is probably a better option for you than leasing because you can rent a car for a few days, weeks, or months, and give it back anytime as you are not tied to a lengthy leasing contract. If you like, you can rent a specific vehicle model for one week and another one the next.
There are two choices in renting: short-term or long-term. auto rent business companies normally give more discounts to long period rental contracts to encourage clients. You can also have flexible conditions with renting long term, like added tax alternatives besides the basic coverage. So if you are in another state or country for a couple of months, you would have no trouble with renting.
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