leasing – The Municipal

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Leasing fleet vehicles provides a cost-effective method for timely replacement

Posted on March 22, 2019 by Nicholette CarlsonMarch 22, 2019

The need for replacing fleet vehicles in Rockford, Ill., had become so substantial that choosing to lease became a necessity. The city had backup vehicles for each of its front-line vehicles since they were unreliable and frequently needed repair. Pictured is Dave DeCarlo working on a fire engine prior to the city choosing to lease. (Photo provided by the city of Rockford, Ill.)

A newer trend seen in some municipalities is the process of leasing fleet vehicles as opposed to purchasing them. Cities decide to lease for a variety of reasons. Out of necessity For the city of Rockford, Ill., its leasing initiative … Continue reading →

Lease or buy?

Posted on March 5, 2013 by Dani MolnarFebruary 26, 2013

“When I buy a piece of equipment,” Hogan explained, “I charge the vehicles’ user a monthly fee, and at the end of the vehicle’s life, I have enough money to pay for the replacement of the vehicle.” However, leasing can … Continue reading →