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Yucaipa approves five‑year vehicle lease program to replace aging fleet
Summary
Council approved a five‑year lease program to replace 23 city vehicles over a staggered schedule; staff said the lease (with 6% financing and a $1 residual) offers operational and maintenance benefits despite a slightly higher five‑year cost than purchasing outright.
The Yucaipa City Council approved a five‑year vehicle lease program to replace 23 city vehicles, citing improved reliability, safety features and operational efficiencies. Staff recommended a staggered replacement (10 vehicles in year one, 7 in year two, 1 in year three, 2 in year four and 3 in year five) and said the lease includes provisions that simplify future additions of public safety vehicles.
Financials and structure: Staff presented a comparison showing the five‑year lease cost for 23 vehicles is roughly $989,000…
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