Financing That Fits How You Operate
TRAC leases, walk-away leases, dollar buyouts, traditional loans — we work with multiple lenders and know which structures fit businesses, non-profits, churches, and municipalities. Most decisions in 24 hours.
Five Ways to Structure the Deal
There's no single right answer — the best structure depends on your cash flow, how long you keep vehicles, and how you're organized. Loan and lease terms run as long as 84 months.
Traditional Loan
Straightforward financing — you own the vehicle from day one and build equity with every payment. Best when you plan to run the vehicle well past the loan term.
TRAC Lease
Terminal Rental Adjustment Clause lease — lower payments with a pre-set residual value. Popular with commercial operators who want payment flexibility and a known end-of-term number.
Walk-Away (FMV) Lease
Fair-market-value lease. Use the vehicle for the term, then return it and walk away — or buy it at market value. Good for fleets that rotate vehicles on a schedule.
Dollar Buyout Lease
Lease-structured payments with a $1 purchase at the end. You know from day one the vehicle is yours — and many organizations choose it for how the lease is treated on their financial statements.
Municipal & Non-Profit Programs
Structures built for churches, non-profits, and government buyers — including board-resolution leases and grant-funded purchases. We handle the paperwork requirements with you.
Not sure which fits?
Let's talk through how your organization buys and uses its vehicles — we'll walk the pros and cons of each option with you.
What a Monthly Payment Looks Like
Sample loan payments at today's typical terms, by vehicle price and term length. Lease options are also available at a lower monthly payment, and both loans and leases can run out to 84 months.
| Vehicle price | 60 months | 48 months | 36 months |
|---|---|---|---|
| $50,000 | $1,022/mo | $1,233/mo | $1,586/mo |
| $100,000 | $2,044/mo | $2,466/mo | $3,173/mo |
| $150,000 | $3,066/mo | $3,699/mo | $4,759/mo |
| $200,000 | $4,088/mo | $4,932/mo | $6,346/mo |
Financing Questions, Answered
The questions buyers actually ask us — answered the way we answer them on the phone.
How fast can we get a financing decision?
Most credit decisions come back within 24 hours. The fastest approvals come from applicants who have their documents ready: driver’s license, two years of business tax returns, and three months of business bank statements. Non-profits, churches, and municipalities substitute their 501(c)(3) letter or municipal authorization.
What’s the difference between a TRAC lease, an FMV lease, and a dollar buyout?
A TRAC lease gives you lower payments with a pre-set residual value at the end — you know the end-of-term number from day one. A walk-away (FMV) lease lets you return the vehicle at the end of the term or buy it at market value, which suits fleets that rotate vehicles. A dollar buyout is lease-structured payments with a $1 purchase at the end — the vehicle was always going to be yours, and many organizations prefer how it sits on their financial statements. There’s no universally right answer; it depends on cash flow and how long you keep vehicles.
How long can terms run?
Loans and leases both run as long as 84 months.
Can a church or non-profit finance a bus?
Yes — this is a large share of what we do. We work with structures built for churches, non-profits, and government buyers, including board-resolution leases and grant-funded purchases, and we handle the paperwork requirements with you.
Do you finance both buses and wheelchair vans?
Yes. The same loan and lease structures apply to HLE shuttle buses, FR Conversions mobility vans, and specialty builds.
What will a monthly payment look like?
As a reference point, a $100,000 vehicle runs about $2,044/month on a 60-month loan at today’s typical terms. The financing page shows a full sample table from $50,000 to $200,000. Leases come in lower, and both can extend to 84 months. Actual payment depends on credit approval, term, and down payment.
Do I need a down payment?
Often, no. Well-qualified buyers typically finance or lease with nothing down — on both loans and leases. Buyers with limited or newer credit history may need money down, usually 10% and rarely as much as 20%. Special-order vehicles carry a 10% deposit to start the build, and that deposit applies toward your purchase.
Can I get pre-qualified before I pick a vehicle?
Yes, and it’s the smart order of operations — pre-qualification tells you your real budget before you fall in love with a spec. Use the pre-qualify form and we’ll come back usually within a day.
What We'll Need From You
Having these ready is the difference between a same-day decision and a week of back-and-forth:
- Driver's license
- Two most recent years of business tax returns (commercial buyers)
- Three most recent months of business bank statements
- Non-profit / religious / municipal: 501(c)(3) letter or municipal authorization
- Lease structures: voting board resolution authorizing the lease
Get Pre-Qualified
Tell us the basics and we'll match you with the right structure and lender — no hard credit pull to start the conversation.
Got it — we're on it.
Thanks for reaching out. A member of the BRBS team will contact you shortly — usually within the hour during business hours, or first thing the next business day.
Financing questions? Just ask.
Five minutes on the phone usually answers what an hour of reading can't.
3175 East Andrew Johnson Hwy, Greeneville, TN 37745 · Mon–Wed 9–5 · Thu 9–4 · Fri 9–4 · sales@blueridgebus.com