Thread: Purchase of Fire Trucks
06-13-2001, 02:16 PM #1J. MATT PERRYFirehouse.com Guest
Purchase of Fire Trucks
Has your fire department ever purchased fire trucks through a total cost agreement. This type purchase locks the vendor to a max. cost that the dept. would pay for repairs for a given period and what the vendor guarantees that he would repurchase the truck for at the end of the agreement. Generally the agreement is for a min. of 7 to a max. of 10 years. The benifit of this type purchase is that for budget purposes you know your costs during the time the agreement is in place. There normally is a option to keep the equipment past the time limit, but the vendor is no longer responsible for repairs or repurchase.
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