NSITE DOCUMENT

Cost Benefit Analysis - Lease Versus Buy.xlsx

  • Library: Purchissues
  • Year Created: 2023
  • File Type: XLSX
The document discusses a Cost Benefit Analysis for a Lease Versus Buy Decision regarding the City's vehicle fleet. It outlines the benefits of leasing over purchasing vehicles, focusing on the advantages of not requiring a large initial cash outlay. The analysis is based on the planned replacement of vehicles in the first year of the Fleet Leasing Program. It provides information on the current fleet, cost comparisons, fuel costs, repair costs, maintenance costs, and administrative costs related to purchasing or leasing new vehicles. The document also includes projections over 5 years for fuel savings, repair costs, mechanics costs, and administrative costs savings, comparing the total cost to replace the entire fleet through purchasing versus leasing.
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