Police Car Leasing:
One of First Capital's specialties is the
tax-exempt municipal lease-to-own financing for police & sheriff's vehicles
including any essential-use law enforcement equipment upfits. (Your lowest
cost type of non-debt financing)
There are two things that every department
knows well; new police cars are expensive and no matter what...police cars
wear out regularly and must to be replaced or upgraded--its
just a matter of time. Deferring only drives up the
maintenance side of the equation while decreasing reliability, response
ultimately, officer and citizen safety.
Most Chiefs tell us
that they know
they should be on a set rotation schedule to optimize vehicle
levels and minimum service costs--it just seems that the vehicle rotation budget
is always the first line item to get squeezed or downsized.
New Police Cars
The reason so many departments have turned to
municipal lease-to-own financing is that municipal
leasing provides the financial "leverage" they need make larger capital
expenditure for essential new vehicles while
spreading those costs over multiple budget periods--a practical, "pay as
you go" budgeting model that matches capital costs with annual budget allocations
based on community tax receipts.
Pay Cash, Wait For a Grant...
or use a Municipal Lease today?
Grants can be a tempting route, but the
process itself can be convoluted and tedious, more importantly the financial
outcome and timing are almost always uncertain.
Municipal leasing conserves cash allowing use of the
to be matched against to tax revenue over those periods. A "pay as you go"
model, that most government planners find is a "perfect budget fit." First
Capital's municipal leases can be pre-paid at any time. The government entity
may to continue to pursue any potential grant opportunities knowing that that
essential new equipment is going into service now, and that should grant funds
(or bond proceeds for that matter) become available, proceeds can be used to pay
off part or all of the remaining lease balance without penalty.
your budget by 3, 4 or even 5 times!
Using municipal leasing for your police cars is like multiplying your capital
budget by a factor of 3, 4 or 5 times!
Here's Why: You can get "roughly" 3-5
times more "purchasing power" this year by applying your annual
allocations to a municipal lease then you would if your municipality simply spent the same amount each
year on cash purchases. Looking at it another way, lets say your governing
body gives you enough to purchase (3) new vehicles each year. With our
tax-exempt municipal lease you could take delivery of 9-15 new vehicles this
year! Call for a real quote based on your own numbers.
Police Vehicles & Motorcycles
Ford Police Interceptor
Dodge Charger Police Package
Chevy Impala Police Package
|Chevrolet Tahoe Police Pursuit
||Chevy Caprice Police Package
||Mobile Command Centers
||Crime Scene & Evidence Collection
Harley Davidson, Honda, Kawasaki
& Victory Police Motorcycles
Upfits In Your Municipal Police Lease Lease
|Police Car Laptops Notebooks
||In Car Video
|Radar, Speed Enforcement
||Lights, Light bars & Sirens
|Radios Communication Gear
||Push Bumpers | Police Cage
K-9 Canine Equipment
|CAD Computer Aided Dispatch
|Bullet Proof Vests
"Tax exempt" municipal leasing--what does that really mean anyway?
There is a very valuable I.R.S. tax benefit to our investors that "exempts"
them from federal and in some cases state and local income tax on the interest
earned and certain carrying costs when financing state, county and local governments. Our
lower tax liability translates directly into significantly lower borrowing rates for our
state, county and municipal government customers--it's that simple!
Comparing Municipal Leases to Commercial
May we send a one page comparison of the features, benefits & pitfalls of
each? Request our one-page, plain English
Municipal Vs. Leasing to Commercial Leasing Comparison.
Get A Prompt, Written
Police Car Leasing
Quick Quote Now!
Any Configuration, Any
No Obligation, Of Course!