HANDBOOK ON FINANCING OPTIONS FOR DIAGNOSTIC INSPECTION PROGRAMS

A major impediment to initiating motor vehicle diagnostic inspection programs is the high initial capital investment needed to establish inspection centers. At the present time, there is a wide range of public and private finance methods available, with few if any of them geared specifically toward motor vehicle diagnostic inspection programs. This report provides a description of the methods by which, in the absence of a specific funding mechanism, it may be possible for a State or local government planner or private entrepreneur to innovatively obtain required funds from currently available sources. The funding mechanisms are divided into two main categories, public and private financing, to coincide with the two basic administrative organizational approaches to the various inspection concepts. State and local government funding mechanisms are described including Federal domestic assistance and State and locally generated revenues. In addition, the report contains the spectrum of funding mechanisms, including commercial banks and capital investment firms, applicable to private for-profit and non-profit enterprises such as cooperatives and auto service clubs.

Media Info

  • Pagination: 89 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00313633
  • Record Type: Publication
  • Source Agency: National Technical Information Service
  • Report/Paper Numbers: DOT-HS-805-242
  • Files: NTIS, USDOT
  • Created Date: Jun 26 2002 12:00AM