Advantages of Bus Leasing
Why a lease often makes more sense than a purchase loan.
- Lower Monthly Payments
- Because you only pay for the portion of the bus that you actually use, your monthly payments are considerably lower than they would be for a purchase loan.
- 100% Financing
- Most leases simply require first and last month's payment in advance plus a small documentation fee.
- Preserves Credit Lines
- Credit lines with banks and other depository institutions are precious and difficult to establish, so preserve them for working capital.
- Increased Purchasing Power
- Your needs may require the capabilities of a $120,000 bus but your available cash/credit only allows for a $60,000 bus. Leasing closes that gap.
- Convenient
- All that is required to start is a one-page application.
- Hedge Against Inflation
- You do not pay for ownership on a vehicle that consistently depreciates.
- Fewer Maintenance Headaches
- Your vehicle always has Powertrain coverage, and you don't have to worry.
- Tax Advantages
- Your business is only taxed on the portion of the value that you use during your lease.
- Keep Your Fleet Up To Date
- Leasing vehicles for five years or less keeps them looking great for your riders with lower maintenance costs.
