Funding

Mass. City Turns to Lease Purchasing to Replace Aging Fleet

March 13, 2017

The City of Springfield, Mass., has decided to put out a bid for a lease-purchase agreement to replace its aging refuse truck fleet. The city council approved a five-year contract for the lease-purchase of five automated trash trucks and one box truck for $1.6 million, MassLive reported.

The city has made an effort to reduce its aging fleet, including its fire apparatus, in recent years. A lease-purchase agreement lowers annual vehicle costs for the city to make it more affordable.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

Does anyone run a University fleet similar to ours? New Jersey City University has approximately 10,000 students, 1000 faculty & staff,...

View Topic

Hi everyone! Just wanted to remind you about fleetDOCs, our library of fleet-related documents. Users can upload any relevant fleet...

View Topic

Fleet Documents

1025 Fleet Documents (and counting) to Download!

Sponsored by

Norman Kasschau was the VP/Marketing for ARI, starting in 1958. He originally joined ARI after 12 years of fleet and leasing experience with Ford.

Read more