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Business vehicle financing FAQs
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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.
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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.
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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.
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Can manufacturer incentives be used on a Municipal Lease-Purchase?
Manufacturers set eligibility for incentives. Your dealership can explain any incentives currently available.
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