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CutRate Car Rentals Capital Lease Pilot Project (2006-2009)

The CutRate Car Rentals Capital Lease Pilot Program launched in Q4 2006 aimed to optimize vehicle acquisition. Under this initiative, 50% of the new car inventory would be obtained through a capital lease, while the other 50% would enter through a capital purchase program. This dual approach facilitates better financial management and inventory diversification. A thorough evaluation of costs and performance is scheduled for four years post-launch to assess the program's effectiveness in meeting operational needs.

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CutRate Car Rentals Capital Lease Pilot Project (2006-2009)

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  1. CutRate Car Rentals Capital Lease Pilot Project 2006 to 2009

  2. CutRate Car Rentals • Pilot program launched fourth quarter of 2006 • 50% of new car inventory to be obtained under the capital lease replacement program • 50% of new car inventory to be obtained under the capital purchase replacement program • Costs to be evaluated after 4 years

  3. Car Purchase Replacement ProgramVendor Distribution

  4. Car Purchase Replacement ProgramCosts by Vendor by Year

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