Economic Analysis of Navy Ownership versus Leasing of Vehicles.

This thesis investigates the relative merits of the forms of leasing available to the Navy. The whole life cost of Navy ownership is quantified by analyzing transportation cost data from PWC San Francisco. This cost of ownership is then compared to the cost of leasing and equivalent fleet of vehicles under various forms of leasing. The alternative of leasing only a selected portion of the required vehicles while continuing to own and operate the remainder is analyzed. Finally, a current large scale leasing program at PWC San Diego is addressed to determine its effectiveness in actual practice.