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What is the Interest Free Vanpool Loan Program?

Benefits
SAVE! Own a brand new 7 to 15 passenger van for a fraction of its cost.

SAFETY! The loan is interest free, your commuter costs are much less, you have company for your commute and you are helping the environment by removing 6 to 14 vehicles from the roads.

SMART! Rider's fares cover all van expenses.

SAVVY! The van is yours to operate as you please once the loan is paid off.

The Interest Free Vanpool Loan Program helps groups and/or businesses purchase a seven to fifteen passenger van for work related commuting. The group or business is responsible for, ten percent (10%) of the total cost of the vehicle, prior to receipt of their van. The balance will be paid off in equal payments over a forty-eight (48) month period with no interest. At least one member of the vanpool must be a licensed, Vermont resident. The vanpool must be registered in Vermont.

The Interest Free Vanpool Loan Program is part of the statewide Vermont Rideshare Program which is administered by the Vermont Public Transportation Association.

For more information.: To learn more about the Interest Free Vanpool Loan Program call the Vermont Public Transportation Association in White River Junction, Vermont, at (802) 296-2143. There is no obligation to purchase a van.


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