Automotive and Diagnostic Equipment Financing

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The automotive repair industry is very competitive, and at the same time is becoming more and more reliant on technology. Today's mechanics rely on a bevy of sophisticated (and rather expensive) automotive diagnostic equipment. Alignment machines, computer diagnostic stations, and emissions testing devices are all common in today's repair facilities. And since this equipment carries such a high price tag, almost all repair facilities seek to finance their automotive diagnostic equipment.

There is an advantage to not only financing automotive repair and diagnostic equipment, but to do so with great terms. Adding new diagnostic equipment opens up new profit centers for a repair shop. Better finance terms on automotive diagnostic and repair equipment can mean more profit.

Crest Capital has been handling automotive diagnostic and repair equipment financing since 1989, and we are familiar with the needs of the auto repair industry. Thus, we offer financing for all manner of automotive equipment: regardless of what it is, we can help you finance it - quickly and easily. Contact us today to learn more. And if you're looking for business vehicle financing, well, we do that too.

Repair, Diagnostic and Car Wash Equipment

Automotive equipment financing covers the lifts, tire changers, wheel balancers and alignment machines of a repair shop, brake lathes and A/C service machines, collision repair equipment such as frame machines and spray booths, diagnostic equipment from scan tools to dynamometers and emission testers, and car wash systems.

Who Uses Automotive Equipment

Independent repair shops, dealership service departments, tire and lube centers, collision repair shops, fleet maintenance shops, service stations and car washes.

How Shop Equipment Is Quoted

Shop equipment is usually quoted by a distributor or the manufacturer, often with delivery, installation and training, and a new shop or a new bay is often quoted as one package of lifts, tire equipment and diagnostics. See automotive repair equipment financing and diagnostic equipment financing.

New and Used Automotive Equipment

Lifts, tire equipment and diagnostic equipment are often bought used or reconditioned. Before buying used, check the inspection records and safety locks of a lift, the calibration of alignment and diagnostic equipment, and whether the software subscription and updates transfer with it.

Automotive and Diagnostic Equipment Financing for Your Business.
Check Your Eligibility Instantly.

Check Your Eligibility Instantly

About 2 minutesNo personal-credit inquiryInstant answer