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What is the difference between a loaner car and a rental car?What Is the Difference Between A Rental Car And A Loaner Car Transaction? A loaner car is typically a car given to you for free during repairs or maintenance to your regular vehicle. A rental car is a car you pay for regardless of whether your car is being worked on or serviced.
What does it mean when a car is a loaner?Loaner vehicle' means a motor vehicle owned by a dealer which is withdrawn temporarily from dealer inventory for exclusive use as a courtesy vehicle loaned at no charge for a period not to exceed 30 days within acalendar year 366 day period to any one customer whose motor vehicle is being serviced by such dealer.
Is a loaner car considered a new car?Loaner cars are not new and they are not used, which means they qualify for both, new car and used car incentives / programs. You can lease a loaner car as if it was brand new! The mileage on the car does not count toward your lease mileage.
What is a loaner car called?A courtesy car is a vehicle provided by a repair shop or dealership that you can drive temporarily, if your own car isn't driveable. Those in the know sometimes refer to it as a 'loaner car. '
What does a loaner mean at a car dealership?What Is a Loaner Car? Before loaner cars from dealers go up for sale with a discounted price tag, they're used as courtesy vehicles for service center customers.
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