Buses of all kinds are expensive, especially when bought new. Whether you are looking to grow your fleet or purchase a single bus for private use, it can often be difficult to get a fully equipped bus fresh off the lot without blowing your budget.
That doesn’t mean you can’t get the bus you need. Pre-owned buses can provide years of transportation with proper maintenance, and shopping for a pre-owned bus allows for much greater flexibility in how you manage your money.
When you are shopping for a pre-owned bus, you have several options that aren’t available for new vehicles.
If you are just looking to save a bit of money, buying a pre-owned bus is a reliable way to get a vehicle that will last for years. However, if you can’t afford to purchase outright, you also have a few options.
ABS offers flexible leasing and financing options to help you afford the bus you need, for as long as you need it. Leasing in particular can help you afford adding a quality bus to your fleet even if budgets are tight at the moment.
By leasing, you can reduce your monthly payments. Because you only pay for the portion of the value of the vehicle you actually use, payments can be up to 60% less than for a purchase loan. You also reduce the upfront costs by saving on down payment.
One of the best aspects of leasing buses is guaranteeing you always have reliable vehicles in your fleet. Rather than having to budget for buying new buses every twelve or so years, you can have newer vehicles replenishing your fleet every few years.
Leasing also avoids many of the worries that come with buying a used bus. While we do everything possible to guarantee all the pre-owned buses we sell will run for years after they are sold, it can be natural to worry about having a pre-owned vehicle show its age by breaking down or needing considerable repairs. By leasing, you don’t have to worry about any of that. Just pick up a reliable vehicle and when the lease is up you can continue your lease, change vehicles, or permanently make the lease return your own by buying it at a more affordable price.
Of course there are downsides to leasing or financing your bus. When you lease a vehicle, you enter a contract that extends a few years. You can set how long you wish to lease, but if you decide to return the vehicle before the lease is up you are likely to pay fees for lease termination.
Another important factor to consider is how much you will be driving the bus. When you lease a vehicle, you agree to a certain amount of miles and can be charged for exceeding that amount. So long as you have a solid idea how much you will be using your vehicle, this shouldn’t be much need for worry. But, it is important to remember when negotiating your contract and driving your leased vehicle.
Ultimately, the best way for you to get behind the wheel of a quality bus depends on your budget and how you will use the bus. Take the time to consider all your options and choose the one which best suits your needs.
Our sales associates are happy to help answer any questions so you can make a truly informed decision what works best for you. Just give us a call at 866-574-9970.
