Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Assets topic
No spam. Unsubscribe anytime.
Select Board directs staff to seek trade-in value, relist 2015 F-350 and gather local market info
Summary
After discussion about recent auction activity and local used-truck values, the board approved staff to seek trade-in estimates from dealerships and relist the town’s 2015 F-350, with a plan to set a trade-in floor and a relist price if trade offers fall short.
Get email alerts on the Municipal Assets topic
No spam. Unsubscribe anytime.
Town staff reported May 19 on an online auction for a 2015 Ford F-350 municipal vehicle that experienced a phantom bid; the vehicle was relisted at a lower starting price after fleet staff assessed its condition. Board members questioned whether the current $10,000 posting reflected market value and asked staff to seek trade-in estimates from dealerships and to consider relisting locally at a higher starting price.
Board members discussed Blue Book ranges and local market evidence; one selectboard member said a local buyer once offered roughly $20,000 for a similar vehicle several years ago. The board directed staff to obtain trade-in valuations from dealers and to relist the truck locally (including social channels) if a satisfactory trade-in figure was not offered; the motion to pursue trade-in offers and relist passed.

