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Tag: Bus Buying Tips

What Credit Score Do You Need to Finance a Bus?

Businessman checking his credit score online

Financing a bus is a big investment, whether you are starting a new transportation business, expanding an existing fleet, or purchasing a bus for a school, church, or organization. One of the first questions buyers usually ask is about credit score requirements. While credit plays an important role in financing, it is not the only factor lenders consider. Is There a Minimum Credit Score for Bus Financing? In most cases, lenders prefer a credit score of 600 or higher when financing a bus. Buyers with scores in the mid-600s to mid-700s typically qualify for better interest rates and more flexible… Read more »

Understanding Vehicle Specs: A Beginner’s Guide to Bus Terminology

coach bus

If you’re shopping for a bus, you’re probably already considering factors such as the number of passengers it needs to accommodate or whether it has sufficient luggage space, but once you start diving into vehicle listings, you’ll notice a whole lot of unfamiliar terms popping up. GVWR? Wheelbase? ADA compliant? If you’re new to the world of buses, it can all feel like a different language. Here’s a quick breakdown of some common bus specs and what they mean! GVWR (Gross Vehicle Weight Rating) GVWR is the maximum total weight a bus can safely carry. That includes the vehicle itself,… Read more »