Diamond Bus North West

[Mrboo]

RE: Diamond Bus North West

(26/03/2021 07:09)dounowhoiam Wrote:  The Agenda document (https://democracy.greatermanchester-ca.g....pdf?T=10) states that it "provide an option to incumbent operators to sell their suitable existing vehicles at their residual value".

I don't see why Diamond would move the buses into other areas when it's not for another several years and they can either choose to sell the GMCA or transfer to another Rotala area when the time comes.

Yes they will get residual value but like anyone who buys a new car will tell you put a number plate on the car and you lose Value. But DNW will have payments still on the buses and will have interest outstanding.
So buying 2nd buses from London for Cash is a better plan if you move your unpaid buses out and sell the Ex London buses to TFGM as the residual value will work out about same as what paid for them unlike buses that are not paid for.