Common Lease Questions and Terminology Plattsburgh 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.

RentAWreck
(518) 562-8462
779 State Route 3
Plattsburgh, NY
 
Hertz - Plattsburgh International Airport
(518) 563-2051
42 Airport Road
Plattsburgh, NY
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
Private flight and walkin arrivals will only be held for 2 hours beyond the time indicated on the reservation, during the location's hours of operation. Railroad - Approximately 7 miles from the railroad station. After Hours - After hour returns are allowed. Place completed rental agreement and keys in the drop box located near the car return area.

Enterprise Auto Rental
(718) 457-2900
334 23Rd Ave
East, Elmhurst, NY
 
Hertz - Rensselaer Amtrak
(518) 454-9701
East Street Rensselaer
Albany, NY
Hours
Mo-Fr 0800-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Ski Equipped Vehicles, Gold Counter Service
Additional Information
After Hours - Please make reservation for the Albany International Airport, 737 Albany Shaker Road. Cab fare to the airport will be reimbursed up to $20.00 with receipt. After hour returns are allowed. Park vehicle in the Long Term Parking area. The drop box is located at the Amtrak Ticket Counter Information Booth. A $5.00 charge will be applied to the rental if returned to the Amtrak Station.

Budget Rent A Car
(718) 639-6400
8808 23rd Ave
East Elmhurst, NY
 
Hertz - Shelt Air
(518) 563-2051
1 Alabama Avenue
Plattsburgh, NY
Hours
Mo-Fr 0900-1700, Sa-Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only
Additional Information
After Hours - After hour returns are allowed. The drop box is located near the car return area.

Enterprise Auto Rental
(585) 359-3500
152 W Henrietta Rd
Rochester, NY
 
Hertz - Atlantic Long Island
(631) 752-9022
Route 109
Farmingdale, NY
Hours
24 Hours, 7 Days
Special Services
Child Seats, Hand Controls for Disabled Drivers Only In-Car Navigation System
Additional Information
This location is for Private Flights only. Tail number required on reservation.

Budget Rent A Car
(315) 334-4562
592 Hangar Rd
Rome, NY

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Hertz - SheltAir Aviation Services
(718) 779-4040
22 Marine Air Terminal
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

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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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