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Bus Leasing Solutions in Colorado – Part 1

January 27, 2017by Colorado West Equipment117

Lease Purchase Options

When you are in need for a new or used bus for your organization, you have many things to think about. Here are three alternatives offered by Colorado West Equipment.

Why Finance?

Bus financing makes it easier to manage your cash flow while adding to your fleet when you require more vehicles.

Colorado West Equipment has multiple programs to fit your specific needs. We have built robust relationships with various reputable institutions to offer you financing accommodated to your business needs. We have a flexible, quick, and easy application process to help you obtain the vehicles you need.

Walk Away Lease

  • Keep depreciation benefits
  • Sales tax is billed monthly
  • Pre-determined mileage amount
  • Tax benefits (speak with own accountant)
  • Only responsible for excessive wear and tear
  • Can ”walk away” at the end of lease or purchase
  • Based on credit and monthly payment desired, a zero down payment option is available

Lease Purchase: PurchaseLease Purchase Options

  • Depreciation benefits
  • Sales tax is paid at the time lease begins
  • Talk to an accountant about tax benefits
  • Depending on your monthly payment and credit, you may not need a down payment
  • You own the bus at the closure of the lease for a minimal amount

Lease Purchase: Short term/seasonal

  • Use for special events
  • Seasonal storage options
  • Sales tax is billed monthly
  • Seasonal payment options
  • Only responsible for excessive wear and tear
  • Terms are customizable to your specific needs
  • First & last month payment due up front for deposit
  • Insurance is needed to be held by the lessor during time of lease
  • Return/walk away once your lease is up

Stay tuned for more information on bus financing alternatives. If you need a new or used bus in Colorado, feel free to contact Colorado West Equipment at any time at (303)-288-1300.

bus financing alternatives

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