Financing Options

Automotive Lift Financing Options

Daytona does not lend. Independent lenders offer equipment financing for Daytona car lifts, tire changers and wheel balancers in the US and Canada. Get a quote from your distributor first, then apply with the lender for your country.

Important notice Daytona is not a lender and is not a party to financing agreements. All financing is offered by independent third-party lenders. Approval, rates and terms are set by the lender. Third-party financing may be available. Approval not guaranteed.

Select your country

Each country has its own lender. Choose where your business is located to see the lender that applies to you.

Select a country to see your lender. You can switch at any time.

United States

US financing via NewLane Finance

NewLane Finance is an independent commercial equipment finance company backed by WSFS Bank. US customers can apply with NewLane for equipment financing.

  • Commercial equipment financing for US businesses and auto service centers
  • Covers a range of equipment categories, including automotive shop equipment
  • You apply directly with the lender
  • Terms, rates and approvals are set solely by NewLane Finance
Third-party disclaimer: United States NewLane Finance is an independent third-party lender and is not affiliated with, owned by or controlled by Daytona Automotive Equipment. Any financing application, agreement, approval, rate or term is strictly between you and NewLane Finance. Daytona makes no representations or warranties regarding NewLane Finance and is not responsible for its products, services, decisions or policies.
Canada

Canada financing via Jocova Financial

Jocova Financial is an independent Canadian equipment financing provider that helps Canadian businesses acquire new and used commercial equipment.

  • Built for Canadian businesses
  • Equipment financing and leasing for shop and automotive equipment
  • Application and approval handled directly by Jocova Financial
  • Terms, rates and approvals are set solely by Jocova Financial
Third-party disclaimer: Canada Jocova Financial is an independent third-party lender and is not affiliated with, owned by or controlled by Daytona Automotive Equipment. Any financing application, agreement, approval, rate or term is strictly between you and Jocova Financial. Daytona makes no representations or warranties regarding Jocova Financial and is not responsible for its products, services, decisions or policies.

How financing works

Your distributor quotes the equipment. The lender handles the financing. Three steps.

  1. Get a quote

    Find your local Daytona distributor. Distributors quote, deliver and install your lift, including single home-garage orders.

  2. Apply with the lender

    Apply directly with NewLane Finance in the US or Jocova Financial in Canada. Approval is not guaranteed.

  3. Complete your order

    If the lender approves you, sign the financing agreement with the lender and finish your purchase through your distributor.

Financing FAQ

Does Daytona provide financing directly?

No. Daytona Automotive Equipment does not provide, originate, underwrite or service financing. Financing is offered only by independent third-party lenders: NewLane Finance in the US and Jocova Financial in Canada.

Who offers financing for Daytona equipment in the US?

NewLane Finance, an independent commercial equipment finance company backed by WSFS Bank. All terms, approvals and agreements are between you and NewLane Finance.

Who offers financing for Daytona equipment in Canada?

Jocova Financial, an independent Canadian equipment financing provider. All terms, approvals and agreements are between you and Jocova Financial.

Is financing approval guaranteed?

No. The lender sets approval, rates and terms based on its own credit criteria. Daytona makes no guarantees about approval, rates or terms.

Where do I get a quote before I apply?

Your local Daytona distributor can quote, deliver and install your lift. Use the distributor locator to find one near you, then ask your lender which documents it needs.

Can I finance freight and installation?

That depends on the lender. Ask NewLane Finance or Jocova Financial whether your quote can include freight, concrete work, electrical work and installation. Get the full project quote from your distributor first so you know exactly what to ask the lender to cover.

Can I finance a home garage lift?

Each lender sets its own eligibility rules. NewLane Finance focuses on commercial equipment financing and Jocova Financial focuses on Canadian businesses, so confirm with the lender before you apply. Daytona distributors can quote single home-garage orders.

Can I deduct a lift under Section 179 or CCA?

Possibly, but the rules and limits change each year and depend on your situation. Section 179 applies in the US and Capital Cost Allowance (CCA) applies in Canada. This is general information, not tax advice. Check the IRS and CRA sources and ask your accountant.

Is financing available outside the US and Canada?

No. Daytona serves the United States and Canada only, so the financing partners on this page are for those two markets.

Built for your shop

Start with a quote from your distributor

Get a quote from your local Daytona distributor on car lifts, tire changers and wheel balancers. Then apply with the lender for your country.