Livingston Parish School Board Maximizes Resale Equity, Invests in a Newer Fleet

Background

Location: Livingston, LA

Fleet Size: 35 Vehicles

Industry: Government/School

THE CHALLENGE

Board approvals and budget restrictions forced the Livingston Parish School Board to keep its vehicles until they were in poor condition, then sell them at auction for an average of $2,000 — well below market values.

THE SOLUTION

Enterprise Fleet Management kept the board’s approved budget and secured 14 vehicles in the first year by selling existing vehicles at a higher resale price and investing the resale gains into a new fleet of vans.

THE RESULTS

Partnering with Enterprise Fleet Management enabled the Livingston Parish School Board to maximize resale returns and reinvest in the right type of vehicle, contributing to a lower total cost of fleet ownership. Leveraging Enterprise’s powerful resale network, Livingston Parish School Board sold its older vehicles at an average of $25,800 — 1190% above their average auction value.

Our Maintenance, Transportation, and Warehouse fleets have gone from holding on to vehicles well past their prime due to budget limitations to a fleet of new and dependable vehicles. Partnering with Enterprise Fleet Management has made this possible. They are a wonderful company to work with and their customer service is exceptional.

Kim Stewart, Business Manager of Livingston Parish School Board

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