Crystal Lake To Lease Vehicles To Save Cash

CRYSTAL LAKE, IL – A cost-saving move by city officials in Crystal Lake will have the city leasing vehicles, except for ambulances and fire engines, instead of buying the vehicles outright, according to the Northwest Herald. The Northwest Herald reports:

The goal is to use a fleet leasing program instead of purchasing vehicles outright to improve cash flow, implement replacement schedules and reduce maintenance costs.
The city has 57 vehicles, and it would cost $4.8 million to purchase the vehicles for the next five years, finance director George Koczwara said. It would cost $3.8 million to replace 120 units through the leasing

More via the Northwest Herald

Photo via Shuttertock