The tool allows municipal users to enter the number of carts to be purchased, their current interest rate and the number of years in their purchase term to calculate purchase cost. These costs are then compared to typical hauler financing costs based on prevailing interest rates, financing terms and an average rate of sales tax to which haulers are subject to pay. This allows municipal users to quickly see the savings they can realize by purchasing direct from the manufacturer.
Many collection contracts result in the purchase of new carts every contract period (typically five years), because Toter carts warranty covers municipal trash cart bodies for 12 years and other components for 10 years from the date of purchase, those purchasing direct from Toter can more than double the purchase time interval, buying a cart once every 15 to 20 years, rather than the typical five.
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