HomeMy WebLinkAbout8, Lease all electric vehicleConsent Item # 8
2013 AlImElectric Vehicle
November 20, 2013
Background / History
• In 2008, the District established Electric and Water Vehicle
Replacement Funds
• The District replaces vehicles as needed
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New Information
• The use of all -electric vehicles is increasing
• This vehicle is intended for use as a pool vehicle
— Help the District gain experience in the charging and
operation of electric vehicles
— Evaluate possibility replacement of existing vehicles
• Participate in a competitive procurement from City of
Sacramento for a 36-month lease
• Magnussen's Auburn Toyota agreed to honor the City of
Sacramento bid pricing for the lease
— Toyota RAV 4 EV
— $458.80 per month
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Fiscal Impact
• Sufficient funds exist in the Electric and Water Vehicle
Replacement Funds for the lease of the vehicle
- Total purchase price of this vehicle would be $48,371
- Lease includes a $14,000 manufacturer's rebate
- A $2,500 California Energy Commission rebate is
possible if funding is still available
• Leasing the vehicle rather than purchasing is preferred
because of the rapidly changing technology in the emerging
electric vehicle industry
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Recommendation
• Authorize the General Manager to enter into a 36-month
lease of a RAV 4 EV with Magnussen's Auburn Toyota for
the amount of $458.80 per month plus applicable tax
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