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1996-09-25 - CC Packet
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1996-09-25 - CC Packet
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8/30/2011 11:03:32 AM
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These quotes are based upon 12,000 miles per year on a three year lease. First year costs <br /> would be $5,850.18 based upon Northtown Associates quote. Total payments over the <br /> three year lease would be $14,960A0. A buyout option after the third year would be for <br /> $15,140.00. If the City desired to purchase the truck straight out and trade it in every <br /> three years the City could save about $2,000.00 per year. <br /> A new 9 foot Fisher Plow installed on the truck would run around $3,700.00 based upon <br /> my quote from Crysteel. A plow should last at least six years without any additional costs <br /> besides the wear blade. <br /> Our current one ton pickup has had the power steering unit rebuilt twice in the last four <br /> years and it may be wise to replace this vehicle on the same type of schedule as outlined <br /> above. <br /> Overall it would be cheaper for the city to purchase the vehicle outright and trade it in <br /> every three years before the warranty period expires. Please let me know how to proceed. <br />
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