How to select the correct fire truck financing term
The financing term is the number of years you’ll take to pay off your fire truck.
Choosing the right financing term mean balancing your decision among:
- Your payment budget
- The useful life of the truck you’re buying
- The timing of your future large purchases
If you choose wrong, your fire department could find itself needing a new truck later and not being able to afford it.
What are the common fire truck financing or leasing terms?
And which is right for you?
Short term financing
Short term financing terms are usually 3 to 5 years. It is perfect for fire departments who… click here for more
Intermediate term financing
Intermediate financing terms are usually 7 to 10 years. It is perfect for fire departments who… click here for more
Long term financing
Long term financing terms are usually 12 to 15 years. It is perfect for fire departments who… click here for more
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