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Fire Truck Lease Purchase

Fire Truck Financing Payment Calculator

Payment Estimator

Estimate fire truck payment for budgeting purposes.

Fire Truck Justification Kit

Justifying Kit

Show your council buying a truck now makes financial sense.

Financing Kit

Learn options, best practices, common mistakes, and money saving ideas.

Fire Truck Financing Approach

Our Unique Approach

Our typical community saves over $11,000.

Is a fire truck lease purchase agreement right for your department?

Here are some facts about fire truck lease purchase agreements

  • The most common fire truck financing tool – over 90% of financed fire trucks are financed with a lease purchase agreement.
  • Is not a “lease” like an auto lease.
  • You own the truck during and after the agreement period.
  • A lien on the title is released after all payments have been made.
  • There is no residual or final purchase payment.
  • It qualifies for low, tax-exempt interest rates.
  • Can be used by municipalities (cities, counties, boroughs, townships,villages), fire districts, and volunteer fire departments to purchase fire truck.

Why is it called a “fire truck lease purchase agreement”?

Most states have limits of how much their municipalities and districts can borrow. Fire truck lease purchase agreements were developed to help communities buy fire trucks without debt and without cumbersome debt limits or regulations.

A fire truck lease purchase agreement provides the fire department the opportunity to cancel (called “non-approproriation”) each year. This right means the agreement is not considered debt in most states and is accounted as a expense.

What happens when a fire truck lease purchase agreement is paid off?

The lien on the fire truck’s title will be released and the fire department will own the truck free and clear. There will be no further payments, purchase prices, costs, or fees.

To learn more, simply call toll-free: (877) 323-1776


Get free tools and info for each step of your fire truck purchase

Early Stages

Justifying purchase, setting budget.

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Ready to sign contract, analyzing discount offers.

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Set payments, pay least cost, learn about financing.

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