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Code of Federal Regulations (Last Updated: April 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle C - Federal Property Management Regulations System |
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Chapter 102 - Federal Management Regulation |
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SubChapter B - Personal Property |
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Part 102-34 - Motor Vehicle Management |
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Subpart E - Replacement of Motor Vehicles |
§ 102-34.265 - May we keep a Government-owned motor vehicle even though the standard permits replacement?
Latest version.
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§ 102-34.265 May we keep a Government-owned motor vehicle even though the standard permits replacement?
Yes. The replacement standard is a minimum only, and therefore, you may keep a Government-owned motor vehicle longer than shown in § 102-34.270 if the motor vehicle can be operated without excessive maintenance costs or substantial reduction in resale value.