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FINANCING INFO AND APPLICATIONS

Hoekstra Transportation is committed to assisting you in finding the right financing package to fit your specific needs. Lease terms, types, residuals, and other financing options are all fully negotiable and adjustable.

Not sure what option will work best for you? Feel free to contact our Sales Department for more information.

Financing Types

LEASE PURCHASE: SALE

You own the vehicle at the end of your lease.

  • Keep the depreciation benefits
  • Zero down payment available (depending on credit and payment)
  • Maintain our credit line
  • Sales tax is paid at onset of lease
  • You own the equipment at lease expiration by paying as little as $1.00

TRAC LEASES

You have the option to purchase your vehicle for an agreed upon residual value or walk away and pay nothing.

  • Equipment does not reflect your balance sheet
  • Lower rates available due to depreciation being kept by the Lessor
  • Zero down payment available (depending on credit and payment)
  • Purchase your equipment at an agreed upon residual at lease expiration or walk away
  • Sales tax is billed monthly

OPERATING LEASES

You return the vehicle at the end of your lease duration and walk away.

  • Equipment does not reflect your balance sheet
  • Sales tax is billed monthly
  • Zero down payment available (depending on credit and payment)
  • Walk away from your equipment at lease expiration with no obligations
  • Equipment may be purchased at lease expiration as well.

LEASE PURCHASE: OPTION

You have the option to purchase your vehicle at lease expiration.

  • Keep the depreciation benefits
  • Maintain your credit line
  • Zero down payment available (depending on credit and payment)
  • Sales tax is billed monthly
  • You may purchase the equipment at lease expiration or return it

TRADITIONAL LOAN FINANCING

You own the vehicle.

  • Sales tax is billed at purchase
  • You own the vehicle
  • Keep the depreciation benefits
  • Bus lease or purchase will reflect on your financial statements

ALTERNATIVE FUEL LEASING OPTION

  • Structured using any one of the above options
  • You own the vehicle
  • The complete bus/van and conversion are financed together.

MUNICIPAL LOAN

If you qualify as a municipality, we can offer you an extremely low rate because of the tax exemption treatment that is provided to you. Contact our Sales Department for more information.

SCHOOL BUS LEASING

Visit our Hoekstra Leasing & Fleet Solutions page for more information on school bus leasing and fleet maintenance through Hoekstra Transportation.

Lease vs. Purchase

A ONE STOP SHOP.

Hoekstra Transportation allows you to purchase, finance and service your vehicles all in one place. Working with Hoekstra on your next vehicle purchase will save you time and money by not having to work with mulitple vendors. Offering innovative solutions to help our customers meet their goals is our main priority.

FLEXIBILITY

Hoekstra Transportation is dedicated to taking the time to customize any finance package to meet the specific needs of our customers.

FAST CREDIT APPROVAL

Depending on the credit and size of the transaction, we can have credit approval within one business day.

HIGHER RESIDUALS

By working with our used vehicles sales department, Hoekstra can offer higher residuals on vehicles, resulting in a lower monthly payment.

COMPETITIVE RATES

Hoekstra Transportation strives to continuously assist you in finding the best possible financing solution on the market. We value our ability to offer the most competitve rates possible to our customers.

WALK-AWAY LEASES

For those who prefer not to own their vehicles, Hoekstra Transportation can structure an operating lease whereby customers are able to return the vehicles and walk away with no obligation to purchase.

LEASE TO OWN

Our financing department can structure packages allowing customers to expense their payments as a lease and obtain ownership upon disbursement of their final payment.

SHORT-TERM LEASE OPTIONS

With our variety of inventory available, Hoekstra can structure short-term leases between 3 and 18 months to assist customers with reliable service, while purchased vehicles are being built and/or delivered.

Ready To Get Started With Financing?

When you need us, we’re here. Partner with Hoekstra Transportation for a consultative approach to financing to fit your needs. We’ll guide you through the most frequently asked questions, customization options, as well as financing and fleet solutions to help you make the most informed choice.

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