East Orange BOE Lease Purchase -Due 2-5-2026

The East Orange Board of Education is soliciting bids for lease purchase financing to pay for the purchase of a Ford Transit 350 XL Passenger Van Low Roof 148WB AWD. The total cost of financing is $52,340.00, and the repayment term will be for 5 years with equal payments commencing on July 1, 2026. The Board requests an interest rate and an indexed interest rate, and respondents must disclose any additional costs associated with the financing. The successful respondent must comply with relevant New Jersey laws and regulations. Key aspects of the job include: • Providing lease purchase financing for the purchase of a vehicle • Offering an interest rate and an indexed interest rate • Disclosing any additional costs associated with the financing • Complying with New Jersey laws and regulations • Providing an amortization schedule and other required documentation