Common Lease Questions and Terminology Ballston Spa NY

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 - Saratoga Springs Downtown
(518) 691-0404
4 Adelphi Street
Saratoga Springs, NY
Hours
Mo-Fr 0800-1700, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - After hour returns are allowed. Drop box is located by front door. Bus - Approximately 5 miles from the bus station.

Hertz - Richmor Aviation
(518) 691-0404
405 Greenfield Avenue
Saratoga Springs, NY
Hours
Mo-Fr 0800-1700, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Reservations will be held up to 2 hours past time the time of arrival noted on the reservation, during regular business hours. This location is for Private Flights only. After Hours - Meets reservations for private flights if received during regular business hours.

Hertz - General Electric Delivery Location
(518) 456-1777
1 Research Circle
Albany, NY
Hours
0600-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for General Electric R & D Department Employees only. After Hours - Meets reservations if received by 1600 EST.

Hertz - 724 New Loudon Road HLE
(518) 783-0178
724 New Loudon Road
Latham, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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. In-Car Navigation System , 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 hour - After hour returns are allowed. Park vehicle in the lined space next to the building. Place completed rental agreement and keys in the drop box to the side of the building adjacent to the door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - 49 Route 17 K HLE
(845) 561-7479
49 Route 17 K
Newburgh, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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. 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.
Additional Information
After Hours - After hour returns are allowed. The drop box is located on the right side of the building. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - North American Flight Services
(518) 691-0404
405 Greenfield Avenue
Saratoga Springs, NY
Hours
Mo-Fr 0800-1700, Sa 0900-1300, Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Reservations will be held up to 2 hours past time the time of arrival noted on the reservation, during regular business hours. This location is for Private Flights only. After Hours - Meets reservations for private flights if received during regular business hours.

Hertz - Richmor Aviation
(518) 786-1282
19 Airport Road
Albany, NY
Hours
0600-2400 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
Located at the Schenectady County Airport. This location is for Private Flights only.

Hertz - 1592 State Street HLE
(518) 372-5187
1592 State Street
Schenectady, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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. In-Car Navigation System , Ski Equipped Vehicles, 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 hour - After hour returns are allowed. Park vehicle in any lined space next to the building. Place completed rental agreement and keys in the drop box to the side of the building adjacent to the door. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - Richmor Aviation at Columbia
(518) 786-1282
Route 9H
Hudson, NY
Hours
Mo-Fr 0700-2000, Sa-Su 0800-1700
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System , Gold Counter Service
Additional Information
This location is for Private Flights only.

Hertz - Arthur Kill Road HLE
(718) 227-3832
4409 Arthur Kill Road
Staten Island, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1200, 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. In-Car Navigation System , 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
Located on the premises of A to Z Auto Body. Pick up time must be at least one hour after location opening and one hour prior to location closing.

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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