Your Payment Options with MoveMobility

In this article, you'll learn all about the 3 different payment options we offer at MoveMobility.

From a traditional payment to leasing to financing your accessible vehicle, how do you know if a payment option is right for your organization?

If you don’t pick the right one, you could get into big trouble. Not being able to make monthly payments, going into debt, or sacrificing funds for other services your organization offers to be able to afford a wheelchair van could all become a horrifying reality for your organization. 

 At MoveMobility, we understand all of these options can be confusing. Which is why in this article you’ll learn the answers to the 4 most popular questions we get about payment options with an accessible vehicle manufacturer: 

1. What are your payment options?

2. What are their differences?

3. What are the pros and cons of each option?

4. Who is each option right for?

What are the 3 payment options available at MoveMobility?

There are 3 main payment methods dealerships and manufacturers typically offer in the accessible vehicle industry: 

  1. Traditional purchasing (or buying outright)
  2. Commercial Leasing
  3. Personal Financing

Traditional purchasing of a wheelchair van

When you choose to pay traditionally, you pay an upfront deposit (generally between $15,000 and $40,000) before we put a vehicle under your name and into production. 

Once your vehicle is converted, you pay the rest of the total amount before we deliver it to you. 

Pros of traditionally purchasing your wheelchair van 

1. One payment and you’re done

The main pro of just making the outright purchase is that–for the most part–it’s one and done. 

You don’t have to worry about making monthly payments, a kilometer restriction, etc. 

2. You don’t pay the full amount until the van is converted

At MoveMobility, you don’t pay the full amount until the van is fully converted. This can offer a sense of comfort to some clients. 

Overall, 90 percent of our clients buy a van outright instead of leasing or financing.

Cons of traditionally purchasing your wheelchair van

1. Big initial purchase

The biggest con of outright purchasing your wheelchair van is the need to have all of the funds available to complete the purchase. Like other capital equipment purchases, wheelchair vans are a big investment, because they need the highest level of safety and quality. 

To learn more about what a wheelchair van costs, check out this article

Commercially leasing a wheelchair van

Please note: leasing with MoveMobility is for commercial use only–meaning that we do not offer a leasing option for personal users. 

When leasing a wheelchair van, you’ll pay monthly payments for 1, 3, or 5 years. This lets you spread the cost of the van out over time, which can be a better fit for some organizations’ budgets or cash flow.

When you lease a wheelchair van, you don’t own the van at the end of the fixed period of time, but you can buy it if you want by paying the buyout amount you agreed to. 

wheelchair van leasing

Pros of commercially leasing your wheelchair van

1. Lower payments

When you lease your van, you will typically pay a down payment and then monthly payments from there. MoveMobility’s leasing partners often offer $0 down payments.

This can be a great option if you know you need a wheelchair van soon but you don’t have all the funds available upfront. 

2. New wheelchair van every couple of years

For organizations whose wheelchair vans see daily use, you may find you’re needing to replace or repair your van frequently. 

This can be very expensive. So, leasing can be a great option if you have a fleet of multiple vans or need to replace wheelchair vans every few years. Learn more about the benefits of leasing a wheelchair van from this BraunAbility article

Cons of leasing your wheelchair van

1. Potential kilometer restriction

Some leasing companies offer an unlimited kilometer restriction on vehicle leases, which means you can drive the vehicle as much as you want without getting an extra charge. 

But if your lease has a kilometer restriction, you may be charged extra at the end of the term if you return the vehicle with more kilometers than you agreed on in your contract. 

At MoveMobility, you can lease a wheelchair van with no kilometer restriction. 

Financing a wheelchair van (for personal users)

Similar to leasing, financing is when you pay incremental amounts of money every month until the vehicle is paid off. However, when you finance your wheelchair van you own it once you’ve paid it off. 

Pros of financing your wheelchair van

1. Lower payments mean you can actually afford a wheelchair van

Financing a wheelchair van can give some personal users the ability to actually afford a wheelchair van.

If you’re buying a wheelchair van for personal reasons–your family, yourself, etc–then this can be a great option for you. By breaking the cost of a van down into manageable monthly payments, families can budget accordingly.

2. You own your wheelchair van once you’ve paid it off

Financing your wheelchair van allows you to own it once you’ve made your final payment. 

Again, financing can be a great option for you if you’re buying a wheelchair van for personal reasons–see this page on our website for more information.  

Cons of financing your wheelchair van

1. Financing is not best for businesses or companies that frequently replace vans

If you own the vehicle at the end of the finance, you’re responsible to sell or keep using it. Some organizations typically find this inconvenient, especially if they’re frequently replacing their van.

2. Interest rates may impact affordability

In recent years, interest rates have been between 4-8 percent. 

The higher the interest rate is, the more you end up paying for the van over your finance term. 

Who is each payment option right for?

Knowing which option is right for you can be difficult, so here are some traits you can look for in yourself or your organization to help you make your decision. 

Who is traditional purchasing right for?

  • Organizations that have budgeted for an upfront payment
  • Organizations that have funding or government grants

Who is commercial leasing right for?

  • Organizations that frequently replace their wheelchair vans
  • Nonprofits that may not have the funding needed to pay for the van all at once

Who is personal financing right for?

  • Personal users who don’t have the budget for an outright payment

Your next steps for choosing a payment option with MoveMobility

You came to this article to learn what the different payment options are with MoveMobility. 

Now, you know we offer traditional purchasing, commercial leasing, and personal financing. You also know the pros and cons of each option, and generally who each one is right for. 

At MoveMobility, we understand how difficult choosing the right payment option for your organization can be.

Learn more about how you can customize your payment plan and talk to a MoveMobility expert today

Or, continue your research journey and check out these related articles: 


Popular Resources

Subscribe for more resources:

Join hundreds of Canadian organizations - subscribe for more free resources.

What happens if you submit the form?

We understand that you don’t want to receive multiple phone calls, emails or spam. You just want to speak to a commercial mobility specialist who can answer your questions about accessible and mobile medical vans.

If you submit the form or request more information from us, here’s what will happen:

  • Within one business day, you’ll receive a phone call from one of our commercial mobility specialists at the phone number you provide. Click here to Meet the Team.
  • If we miss you on the phone, you’ll receive a voice message to call us back. You’ll also get an email to let you know we tried to connect but missed you.
  • Once we’ve connected, your commercial mobility specialist will have a few questions for you to understand what type of vehicle you’re looking for help with.
If at any point during the process you feel we’re just not the right fit for your community or organization, just let us know. 


Request More Information

Let us know what you’re looking for help with and we’ll be in touch.