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District to replace five Priuses with three RAV4s; lease change expected to reduce annual expense
Summary
The board approved an enterprise lease change swapping five leased Toyota Prius vehicles for three Toyota RAV4s, projecting annual lease expense of $8,343 and an estimated trade-in credit of about $58,180.
Director of Maintenance and Operations Nick Von Flue presented a proposal to return the district's five leased Toyota Prius vehicles and lease three Toyota RAV4s instead. He said the change would reduce the district's annual lease expense to $8,343 and the district expects an approximate trade-in credit of $58,180 for the returned Priuses.
The board approved the enterprise lease agreement renewal unanimously. Trustees said the switch better aligns the fleet to current transportation needs and offers cost savings; no additional details on vehicle specifications or term length were provided in the meeting minutes.
