What are the best financing options for purchasing buses?
There are several financing options available for purchasing buses, including loans, leases, and grants. Would you like to explore any specific option?
Can you explain the difference between leasing and buying?
Sure! When you lease a bus, you essentially rent it for a set period, while buying means you own the bus outright. Leasing often has lower monthly payments but no ownership at the end.
What are the benefits of getting a loan instead?
Getting a loan allows you to own the bus once it's paid off, which can be a good investment. Additionally, you may be able to deduct interest payments on your taxes.
Are there any grants available for bus purchases?
Yes, there are various grants available, especially for electric or environmentally friendly buses. It's best to check with local and federal programs.
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