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Rio Blanco County reviews Enterprise Fleet Management proposal to speed replacements and capture resale revenue
Summary
Enterprise Fleet Management presented a proof-of-concept municipal-lease model to help the county replace aging vehicles more frequently, capture resale equity and reduce maintenance and fuel costs. Commissioners asked about sheriff vehicle upfits, resale assumptions and implementation timing.
Rio Blanco County commissioners heard a presentation from Enterprise Fleet Management on July 22 outlining a municipal-lease model intended to let the county replace older vehicles more frequently while capturing resale revenue from sold units.
The county’s Fleet profile, updated with data from county staff, shows many vehicles have long service lives and rising maintenance costs. Andrew Leggett, an Enterprise representative, told commissioners the company’s model uses conservative reduced book values and its remarketing network to maximize resale proceeds that can be rolled back into replacement purchases. "If you turn around and sell that vehicle then to somebody else for $20,000, you have a $10,000 gain," Leggett said during the…
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