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Yucaipa council asks staff for refined fleet-lease plan after 10-year comparison shows modest cost premium
Summary
City staff presented a 10-year leasing vs. purchase analysis for the municipal fleet and, while leasing showed operational advantages, council asked for more detailed vendor quotes and a prioritized list of early replacements before deciding.
City staff presented a 10-year analysis of leasing versus purchasing the city's non-Sheriff vehicle fleet, recommending further study after describing trade-offs between higher financing costs and operational benefits.
"The lease option would provide a more efficient solution at a higher financial cost," staff said, showing the city's fleet of roughly 20 vehicles and an apples-to-apples comparison assuming two five-year lease cycles over 10 years. Staff said maintenance assumptions for years six through 10 for the purchase option were roughly $4,500 per vehicle per year (about $472,000 cumulatively) and that lease vendors could…
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