Frequently asked questions
Is the municipality responsible for its own insurance?
Yes. The municipality maintains insurance on the vehicle in accordance with insurance requirements for retail financing transactions.
What if the municipality is self-insured?
Since many municipalities are self-insured, we may consider a waiver of the physical damage and liability insurance requirements.
Can manufacturer incentives be used on a Municipal Lease-Purchase?
Manufacturers set eligibility for incentives. Your dealership can explain any incentives currently available.
Are aftermarket products available for financing on a Municipal Lease-Purchase?
Municipalities can check with their dealerships to see if they offer financing for aftermarket products on a Municipal Lease-Purchase.