Are you in need of a wheelchair van soon, but don’t have the funds to pay for it all at once?
Are you looking for a payment plan that can be customized to suit your organization’s budget?
Does your organization find it needs to replace its wheelchair accessible van every two to five years?
Then leasing could be the right payment plan for your organization.
In this article, you’ll learn 5 major reasons you should lease your wheelchair accessible van:
1. Lower monthly payments
2. New wheelchair accessible van every two to five years
3. Warranty coverage and maintenance
4. Tax benefits
5. Inexpensive or no down payment
You’ll also learn what leasing looks like from MoveMoblity.
1. Lower monthly payments
When leasing a wheelchair accessible van, you only pay for the depreciation that occurs during the term of your lease.
Monthly payments are lower compared to outright purchasing the vehicle because the contract includes a residual value at the end of the term.
This means you pay on a monthly basis until the balance reaches the residual value.
2. New wheelchair accessible van every two to five years
For organizations whose wheelchair accessible 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.
3. Warranty coverage and maintenance
If you incur high mileage every month on your vehicle, it will be covered by the manufacturer’s warranty for the total number of years you are driving the leased vehicle.
Lease terms often range from two to five years, so you don’t have to worry about the cost of expensive repairs that often add up in your ongoing monthly operating costs.
In other words, having fewer unpredictable service issues means less headaches from sending your vehicle in for repairs.
This results in not only less downtime for your business, but a lower operating costs.
4. Tax benefits
Leasing your vehicle through some manufacturers means that your lease payments are 100 per cent tax deductible as an operating expense.
That is huge savings in tax dollars.
5. Inexpensive or no down payment
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.
Leasing a wheelchair accessible van from MoveMobility
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.
Your next steps to leasing a wheelchair accessible van
You came to this article to learn if leasing is the right payment option for your organization.
Now, you know the 5 major benefits to leasing a wheelchair accessible vehicle.
Curious what our current leasing prices look like? Talk to a MoveMobility expert now.
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