Need Help Financing?
There are many options for financing vehicles. We have local connections and the know-how to get your work vehicle financed at a great rate, and you can start the process before choosing your vehicle.
There are many reasons to buy a wheelchair van, minivan, SUV or people-mover from us, but the number one reason is that we TRULY value our customers as more than just a sale – we make it less about the vehicle and more about the customer. We believe that if we care for our customers first, the business will follow. Not the other way around. We know it to be true…our main source of attracting buyers is through repeat business. We often refer to a slogan that we all believe in:
“We’ll help you buy a vehicle even if it’s not from us”
Do Wheelchair Van Conversions Negate the Manufacturer Warranty?
Answer:
No. The conversion of a van, truck, or SUV into a wheelchair-accessible vehicle does not change the typical warranty. That being said, there may be some vehicles in our inventory that are out of warranty due to age, mileage, or extreme modifications. For these vehicles, we have warranty options available (for engine, transmission, mobility packages, etc.) which you can learn more about here
Will Medicare Pay For My Wheelchair Van?
Answer:
Medicare Part B is the section of Medicare that might cover a used wheelchair van, but only because it provides coverage of some durable medical equipment (DME). Unfortunately, however, this is not typically an expense that is covered by Medicare. To learn more about your question visit Medicare.gov website for current information and coverage.
How Do I Finance My Wheelchair Van?
Answer:
We understand purchasing a wheelchair van can be expensive. Helping families afford workable transportation was one of our main purposes for selling handicap vehicles. Finding funding for these purchases can be a challenge if you don’t know where to look. Our mobility specialists here at Broadmoor are knowledgeable about funding options and can help connect you with local credit unions and banks that are also uniquely positioned to help.
Should I Buy a Side-Entry or Rear-Entry Wheelchair Van?
Answer:
You should select the wheelchair van that best suits your unique mobility needs, here are some considerations –
It’s easier to pick up or drop off a passenger in a wheelchair curbside with a side-entry wheelchair van. If the van has a ramp for exit and entry, an accessible parking space is ideal to accommodate the extra width needed to enter and exit the wheelchair van. Side-entry handicap vans typically have seats that can be removed as needed. Side-entry vans allow the wheelchair user to have more options, they can ride as a passenger or drive. Side-entry wheelchair vehicles are a good choice for wheelchair users who want to be in the driver’s seat.
Rear-Entry: Rear entry wheelchair vans feature a lowered area in the rear to accommodate the wheelchair and a foldout ramp. The middle seats can remain unmodified and allow for seating for other passengers. Rear-entry wheelchair vans are typically less expensive than side-entry wheelchair vans. With a rear-entry wheelchair van, the option to drive from your wheelchair does not exist. Parking on a hill is more challenging, as is parallel parking since you need extra room in the rear for the wheelchair user to be able to enter and exit the vehicle.
Are There Special Programs for Financial Assistance?
Answer:
Yes, we have helped customers work with some programs in the past and will continue to do so.
BETTER RETURN ON INVESTMENT
There are several very good reasons for buying USED vs NEW when selecting a wheelchair-accessible vehicle. For starters, there is a better ROI and lower depreciation costs over 5 years. The other main reason is the higher purchase price of a new vehicle, especially when you consider that handicap vans are typically inflated to begin with.
The reason for this inflated cost of NEW vehicles is typically due to the following:
1) Insurance companies buy the handicap accessible vehicles and usually aren’t concerned with price
2) Dealers that sell NEW vehicles don’t sell a high volume and therefore they need to make more profit per vehicle
3) Limited competition means higher prices
At Broadmoor Motors, we choose to be fair no matter what. Our goal is to change the way people buy vehicles and that includes handicap-accessible vans.
HOW MUCH DOES DEPRECIATION COST
A look at how a New 2020 Van could depreciate in value over the course of five years:
| TimeLine | Est. Depreciation | Est. Retail Value (original $38,040) |
| 1st Minute After Purchase | 10% | $34,236 |
| 1st Year After Purchase | 19% ($7,227) | $30,812 |
| 2nd Year After Purchase | 31% ($11,792) | $26,247 |
| 3rd Year After Purchase | 42% ($15,976) | $22,063 |
| 4th Year After Purchase | 51% ($19,400) | $18,639 |
| 5th Year After Purchase | 60% ($22,824) | $15,216 |
| Trade-In Value After 5 Years | 68% | $12,172 |
The Trade-in Value price is where BMG typically acquires the vehicle. More often than not, these vehicles run for a very long time.
Providing Quality Wheelchair Vehicles Since 1988!
Serving Grand Rapids, Kalamazoo, Lansing, Detroit, Holland, Muskegon, Travers City, and many other places all around Michigan and our Neighboring States too.
