Case Note: Testing a Lease-or-Buy Decision

Context

[PLACEHOLDER: De-identified case about a council deciding whether to lease or purchase fleet vehicles.]

The question

Should the council lease new vehicles or purchase outright?

What we looked at

[PLACEHOLDER: The assumptions, model structure, and key variables examined.]

What changed

[PLACEHOLDER: How the model revealed unexpected costs in the leasing option.]

Lesson

[PLACEHOLDER: The broader principle this case illustrates about hidden costs in leasing arrangements.]