At the Jasper Board of Mayor and Aldermen's December meeting, fire Chief Chris Rector said the town could purchase the ladder truck for "roughly" $15,000 and that he valued the truck at between $60,000 and $80,000.
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The ladder truck is 20 years newer than the town's current model and includes a water pump, which the current one doesn't have.
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Mayor Paul Evans said an investigator with the Tennessee Municipal League in Nashville inspected the vehicle recently and "definitely thought it was a good buy."
A new ladder truck would cost between $750,000 and $1 million, he said.