Saturday, January 30, 2016

How to Lease Rental Cars

Leasing a car from a rental company is similar to renting a car, but with a few differences. The most notable is the minimum amount of days required on the agreement. Leasing a rental car generally requires an agreement to keep the car a minimum of 63 days, whereas renting only requires a commitment of one day. Additionally, committing to a monthly lease yields a significant daily discount. Leasing a rental car may be a good temporary transportation option for long vacations, or if you do not have a down payment and are unable to purchase a car. Most car rental companies make securing a vehicle quick and easy.

Instructions

    1

    Compare the various sites for the best deals. Search the major car rental websites such as Enterprise, Budget, Thrifty, Hertz, etc.

    2

    Complete the lease request form on the car rental site. If you are not using the Internet, call the company you wish to lease a car from, advise them of what size car you need, the amount of time you will need it and the date you will be picking up the car. Your driver's license number and insurance policy ID will be requested at this time. Additionally, most companies require a credit or debit card to reserve the car.

    3

    Receive your reservation number. This number guarantees a car will be waiting for you at the agreed upon arrival time. If your size car is not available, usually the company will upgrade to a larger size at no additional charge.

    4

    Advise the car representative you have a lease reservation. You will be asked to provide your driver's license and the card used to hold the reservation.

    5

    Perform a survey on the car before signing the lease agreement. Because you will be held responsible for any damage incurred while the car is in your possession, it is important to document any preexisting damage on the car.

    6

    Sign the lease agreement. This is a binding contract. However, if you need the car longer than the agreed upon time, simply call the company and advise them. Most companies do not have a problem with this and will accommodate your request.

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