Financing for the Purchase of Wheelchair Accessible Vans

Financing for the Purchase of Wheelchair Accessible Vans

Transportation for a handicapped person can be burdensome in a conventional vehicle. However, wheelchair accessible vans, while truly life changing for the handicapped person, are often very costly and difficult for many people to afford and purchase. The process for getting a mobility van can be long, even without added financial concerns. But, there are options for financing for wheelchair accessible vans.

Dealer Financing

As with any vehicle purchase, the dealer or company represented generally have a financing program that will meet most consumers' needs. Depending on the credit of the one seeking financing, the payments may be more than the family is able to afford due to the high interest rate which will be charged. However, this is an option if none of the other options below are available.

Private Financing

Companies designed to help the handicapped or disabled person are available in most areas, including loans specifically for van modification or wheelchair accessible vans. The Internet is a good place to start searching. Financing is generally more reasonable with these companies and loans are provided with longer terms for repayment in order to lessen monthly payments.

Government Assistance

State agencies may have loan programs or grant programs for the disabled person that will aid in the purchase of a mobility vehicle or modification of one for that purpose. Generally financing plans are flexible and interest rates lower than other financing. Grants do not have to be repaid as they are gifts and not loans. A quick search of the Internet should provide some options. Qualification for these programs will be strict and so will not be available to everyone.

Fundraising

While maybe not the top choice, friends, family and co-workers will not hesitate to host a fundraiser in order to help purchase a wheelchair accessible van. In addition, local charities may offer help for these purchases based on each individual's circumstances. Churches are often willing to help in this way.

Another option is to use a combination of the above financing solutions to allow purchase of the wheelchair accessible van. Even if it is not possible to get donations or grants to cover the entire purchase price, these amounts can reduce the amount required to be financed, reducing monthly payments. Wheelchair accessible vans can be a life changing purchase for handicapped persons and their families and every effort to make this leap should be explored.

POST COMMENT

Glass Painting Ideas | Glass Painting Glass Painting | Glass Painting Ideas Law Requires Maryland Plumbers to Be Licensed to Offer Services Right Virginia Plumbers for Small Jobs or Big Ones Home Remedies for Breast Enlargement What Are You Waiting For, Learn How To Make Money Online Working From Home ! Home Stagers Make Dreams Happen Closet Organizers - Benefits To Using Them For Your Home Bucks County Real Estate : Foreclosure Period Seems Wonderful Venetian Blinds-a Fantastic Choice For Your Home Benefits of Homeopathic Remedies for Gout How to get financing for real estate investment properties from Hard money Lenders Virginia "Happy Holidays From Your Atlanta Estate Planning Attorney!" – How's Your Estate Plan?