Financing Used Buses | A Guide for Commercial Vehicle Buyers
Financing Used Buses: A Guide for Commercial Vehicle Buyers Buying a used bus can be a great way to save money on transportation costs. However, it can also be a challenge to finance a used bus, especially if you are a new business or have a less-than-perfect credit score. Not for profit organizations and churches may be eligible for financing, but funders are not aggressively pursuing this business. In this blog post, we will discuss the ins and outs of financing used buses. We will cover topics such as commercial vehicle financing versus consumer vehicle financing, used vehicle financing versus leasing, and the challenges of financing a used bus as a new business. Commercial Vehicle Financing vs. Consumer Vehicle Financing Commercial vehicle financing is different from consumer vehicle financing in a number of ways. For one, commercial vehicle financing is typically more expensive than consumer vehicle financing. This is because commercial vehicles are used for business pu...