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Highway official presents quotes to replace aging payloader; board asks for more pricing and trade-in checks
Summary
The highway official presented Caterpillar and John Deere quotes for a replacement payloader (Caterpillar list price $255,000 including sweeper and forklift attachments); financing options and rental savings from the sweeper attachment were discussed and staff were asked to obtain additional auction and contractor-pricing information before a decision.
An agency official told the board the town's aging payloader (about 15 years old) is showing electrical faults and recommended considering replacement, presenting two vendor quotes. "Caterpillar can get us in 1 for the list price of it is 255,000," the official said, adding the Caterpillar quote included a forklift and a sweeper attachment; the official said including the sweeper could eliminate an annual rental cost the town currently pays (about $34,000 for a month each spring).
The official described financing scenarios discussed in the quote: roughly $38,000 per year over seven years or about $56,000 per year over five years, with a trade-in allowance of about $25,000 on the existing machine. John Deere's quote carried a higher machine price but a slightly larger trade-in allowance and did not include the sweeper or fork attachments. Board members asked staff to get additional pricing, to check auction values for the existing machine and to have Tim look into contractor pricing before any purchase decision; no purchase vote was taken at the workshop.
