Somerton Considers GM Financial Vehicle Financing
City of SomertonCity · Somerton, AZ- Disclosed value
- Estimated annual payment of $196,648 for 15 vehicles; estimated delivered vehicle price of $839,744; 5.50% rate is a staff placeholder
- From agendapacket
- Document date
- Oct 20, 2026
- Term
- 5 years
The 30-second brief
Somerton considered a five-year dealership lease-purchase financed through GM Financial for 15 replacement vehicles. The estimated annual payment was $196,648, but GM Financial had not yet quoted the financing rate or term, leaving the option pending.
Gm Financial holds this financial services contract with City of Somerton. Its other public contracts on record include work for Pierce County and Carroll County.
Term as filed: 5 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Estimated annual payment of $196,648 for 15 vehicles; estimated delivered vehicle price of $839,744; 5.50% rate is a staff placeholder
- Document date
- October 20, 2026
- Term
- 5 years
- Vendor
- Gm Financial
- Agency
- City of Somerton
- Source document
- City of Somerton AgendaPacket Vehicle Replacement Financing Options 2026-10-20 (AgendaPacket)
Gm Financial's other public contracts
More City of Somerton contracts
Questions about this contract
Who was awarded the financial services contract by City of Somerton?
Gm Financial was awarded this financial services contract by City of Somerton, as recorded on October 20, 2026. The contract value is Estimated annual payment of $196,648 for 15 vehicles; estimated delivered vehicle price of $839,744; 5.50% rate is a staff placeholder.
How much is the Gm Financial contract with City of Somerton worth?
The Gm Financial contract with City of Somerton is valued at Estimated annual payment of $196,648 for 15 vehicles; estimated delivered vehicle price of $839,744; 5.50% rate is a staff placeholder, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Somerton AgendaPacket Vehicle Replacement Financing Options 2026-10-20 (AgendaPacket), dated October 20, 2026 from City of Somerton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Gm Financial hold?
Gm Financial may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Somerton currently buying?
Explore City of Somerton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.