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Common Lease Questions and Terminology Jamaica 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 - New York City JFK Airport
(718) 656-7600
Building 318
New York City, NY
Hours
24 Hours, 7 Days
Special Services
Child Seats, Gold Canopy , Hand Controls for Disabled Drivers Only In-Car Navigation System , Prestige Service , Covered Return Center

Forest Hills Taxi and Car Service
(718) 289-4119
72-11 Austin St, Suite 132
Forest Hills, NY
 
East Coast Rent A Car Inc
(718) 544-3838
11078 Queens Blvd
Forest Hills, NY
 
Four Ones Car Svce
(718) 835-1111
9616 Metropolitan Ave
Forest Hills, NY
 
Hertz - 686 Burnside Avenue HLE
(516) 239-0198
686 Burnside Avenue
Inwood, NY
Hours
Mo-Fr 0730-1800, Sa 0900-1300, 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
Pick up time must be at least one hour after location opening and one hour prior to location closing.

Hertz - General Aviation
(718) 656-7600
JFK Airport
New York City, NY
Hours
24 Hours, 7 Days
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. After Hours - After hour returns are allowed. Please contact servicing location at time of return for vehicle pickup.

Budget Truck Rental
(718) 393-1013
11050 Horace Harding Expy
Forest Hills, NY
 
Rebate Rent A Car
(718) 544-3838
11045 Queens Blvd
Forest Hills, NY
 
Thrifty Car RentaL
(718) 261-7886
11201 Queens Blvd
Forest Hills, NY
 
Laguardia Rent A Car
(718) 476-8181
3231 Junction Blvd
East Elmhurst, NY
 

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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