How Can You Finance an Air Ride Suspension System?
Financing an air ride suspension system involves exploring loans, credit options, or manufacturer programs. Many providers offer payment plans with low APR or deferred interest. Credit checks may apply, but some companies provide no-credit-check leasing. Costs range from $2,000 to $8,000, depending on vehicle type and customization. Financing helps spread payments while upgrading vehicle performance and comfort.
How do I choose the right suspension?
How Much Does an Air Ride Suspension System Cost?
Basic kits start at $1,500, while premium systems exceed $7,000. Labor adds $500–$2,000. Factors affecting cost include vehicle compatibility, single vs. multi-axle setups, and add-ons like wireless controls. Financing reduces immediate expenses, with APR rates as low as 0% for qualified buyers. Leasing options may include maintenance packages.
Installation complexity significantly impacts final pricing. Heavy-duty trucks often require reinforced brackets and dual compressors, adding $800–$1,200 to material costs. Luxury vehicles may need specialized calibration tools, increasing labor hours by 15–25%. Below is a breakdown of typical price ranges:
| Component | Economy Tier | Mid-Range | Premium |
|---|---|---|---|
| Air Springs | $300/pair | $600/pair | $1,200/pair |
| Compressor | $200 | $450 | $900 |
| Control System | Manual valves | Digital dashboard | Smartphone app |
Seasonal promotions can reduce costs by 10–15%, particularly during winter months when retailers clear inventory. Some manufacturers offer rebates for trade-ins of OEM suspension components.
How much does good air suspension cost?
Does Financing Air Suspension Require a Credit Check?
Most lenders require credit checks (minimum 620 FICO), but “bad credit” specialists like Credit Acceptance Corp. approve scores as low as 550. No-credit-check leases often demand higher deposits (20–30%) and shorter terms. Soft inquiries don’t affect credit scores. Co-signers can secure better rates: APR drops 3–5% with a 700+ FICO co-applicant.
Alternative approval pathways exist for non-traditional borrowers. Proof of consistent income (6+ months at current job) may override mediocre credit scores. Some lenders use “tiered” approval systems:
| Credit Score Range | Approval Rate | Typical APR |
|---|---|---|
| 720–850 | 98% | 3.9–5.9% |
| 650–719 | 75% | 6.5–9.9% |
| 550–649 | 40% | 12.5–18% |
Secured loans using vehicles as collateral often bypass credit requirements entirely. However, these carry repossession risks if payments lapse. Always verify lender credentials through the Better Business Bureau before signing agreements.
Which Companies Offer Air Ride Suspension Financing?
Key providers include Air Lift Company (0% APR for 12 months), RideTech (partnered with Synchrony Bank), and AccuAir (lease-to-own plans). Dealerships like Ford and GM offer OEM air suspension financing through affiliated lenders. Aftermarket retailers like Summit Racing provide third-party credit via Bread Finance. Compare terms: some waive installation fees for financed purchases.
Can You Lease Air Ride Suspension Systems for Commercial Vehicles?
Yes. Companies like Hendrickson and Watson & Chalin offer 3–5-year commercial leases with mileage-based pricing. Tax advantages include Section 179 deductions ($28,900 in 2023). Lease payments average $150–$400/month, covering maintenance. Early buyout options exist at 50–70% of retail post-36 months. DOT-compliant systems qualify for operating cost reductions.
“Air ride financing democratizes access to advanced suspension tech. We’ve seen a 40% uptake in small fleets using lease programs—it transforms cash flow management. Always compare APR vs. total interest: a 5-year loan at 4% often costs less than a 3-year lease with balloon payments.”
– Mark Sullivan, Commercial Fleet Advisor
FAQs
- Does Financing Air Suspension Affect My Credit Score?
- Yes. Hard inquiries temporarily lower scores by 5–10 points, but consistent payments improve credit history. Report payments to bureaus by confirming with lenders upfront.
- Are There Hidden Fees in Air Suspension Loans?
- Some lenders charge origination fees (1–3%) or prepayment penalties. Always request a Truth in Lending Act (TILA) disclosure before signing.
- Can I Pay Off My Air Suspension Loan Early?
- Most lenders allow early repayment without penalties. Confirm this clause in your contract—some subprime lenders impose 2–5% fees.