Common Lease Questions and Terminology Kalamazoo MI

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.

Enterprise Rent-A-Car
(269) 372-1234
3611 Stadium Dr
Kalamazoo, MI

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Hertz - Kalamazoo Battle Creek International Airport
(269) 382-4903
5239 Portage Road
Kalamazoo, MI
Hours
Mo-Fr 0700-2300, Sa 0900-1700, Su 0800-2300
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., 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 - Will meet all after hour scheduled commercial flights Sunday-Friday only as long as reservation is received during normal business hours. Flights will not be met on Saturdays. After hour returns are available 0500-2400 7 days. Park vehicle in the rental car return lot. Write ending mileage and fuel level on the rental record jacket and drop keys and contract into the drop box located inside the airport on the rental counter. Pick up time must be at least one hour after location

Hertz - Duncan Aviation
(269) 965-5134
15745 South Airport Road
Battle Creek, MI
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service

Hertz - Muskegon County Airport
(231) 798-2370
101 Sinclair
Muskegon, MI
Hours
Mo-Fr 0700-2000, Sa Closed, Su 1300-1900
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., Gold Counter Service
Additional Information
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Penske Truck Rental
(734) 981-5866
47255 Michigan Ave
Canton, MI
 
Hertz - Carstar HLE
(269) 321-0497
6725 Lovers Lane
Portage, MI
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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Kraft Foods
(269) 965-5134
365 Elm Street
Battle Creek, MI
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Kraft employees only.

Discount Airport Car Rental
(888) 241-0179
293 Lucas Drive
Detroit, MI
Hours
Monday - Sunday 8:00 AM - 3:00 AM

Hertz - Bishop International Airport
(810) 234-2041
3425 West Bristol Road
Flint, MI
Hours
Mo-Fr 0730-0030, Sa 0900-1900, Su 0900-0030
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., 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. Park vehicle in the Hertz lot. Place keys and completed rental contract in drop box located at the Hertz counter. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 18001 Mack Avenue HLE
(313) 640-1635
18001 Mack Avenue
Grosse Pointe Farms, MI
Hours
Mo-Fr 0800-1800, 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., 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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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