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Germantown buys two low‑mileage transit vans rather than renewing leases

Germantown School District Board of Education · December 17, 2025
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Summary

Finance committee learned the district purchased two 10‑passenger Ford Transit vans (roughly $14,000 each plus fees) at lease end because low mileage and current market prices made purchase more cost‑effective; the high‑school auto program will maintain them.

The finance committee was informed that two Ford 10‑passenger Transit vans originally leased in September 2020 reached lease termination in October 2025. Business manager Britney Altendorf said each van had about 34,000–35,000 miles and that market comparisons at the time showed a final payout between approximately $190,000–$195,000 to begin new leases and purchase replacements — numbers that made continuing leases or buying new vehicles less cost‑effective.

Given the low mileage and market conditions, the district purchased both vans outright at about $14,000 each plus fees (roughly $28,000 total). Altendorf told the committee the vans are white, used for activities and for a daytime graduation‑center program, and will be maintained by the high‑school automotive shop.

The item was presented to the committee for transparency and information rather than as a formal finance committee action; committee members expressed support for the decision.