As parcels become tighter and vehi...

As parcels become tighter and vehicle prices rise, many municipalities have had to re-examine to what degree they spend money on inlet vehicles and take a hard consider at creative alternatives.

Leasing — something consumer have been doing for years as a way to gain more vehicle for the currency — is one option that may or may not be feasible, depending forward numerous factors.

A municipality's decision may tranquillity largely on its cash pour and projected fiscal situation — whether it has sufficient cash onward hand to buy and what time to come revenues look like.

Other factors include interest rates, maintenance charges local availability of leasing services and a municipality's needinesss in terms of types of vehicles and their intended uses.

“Leasing is appropriate in certain circumstances and certain financial situations, depending in succession the intentions and the plans of the user,” says Michael Payne, president and CEO of the