OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “rental” vehicle: “The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline. B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program. C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment. D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery regardless of order type. E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement. F. Orders not produced during the 2006 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders. G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable. H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]
Appears in 2 contracts
Samples: Daily Rental Purchase Agreement (Vanguard Car Rental Group Inc.), Daily Rental Purchase Agreement (Vanguard Car Rental Group Inc.)
OTHER PROGRAM GUIDELINES. A. Delivery data is not required to receive the invoice credit but deliveries should be reported as soon as the delivery is made.
B. Deliveries through secondary dealer codes are eligible.
C. Customer rebate amount must be spelled out on Buyer’s order, and customer incentive acknowledgement and/or assignment form is not required.
D. General Motors upfitted vehicles (except RV’s) are eligible provided the vehicle was purchased directly from GM or from another dealer in the United States and proved title to the vehicle was retained by the franchised dealer through the point of sale and delivery to the ultimate fleet customer. Recreational vehicles are excluded.
E. This incentive program is available exclusively to the ultimate daily rental fleet customer.
F. A qualified fleet customer/user is defined as any company that purchases and registers or leases five (5) or more new cars and/preceding model or calendar year or preceding twelve (12) month period or that owns or leases fifteen (15) or more cars and/or trucks.
G. The qualified daily rental fleet user must always be the customer who purchases the vehicle directly from the General Motors dealer and who meets the in-service requirement.
H. Canceled fleet orders must be credited and rebilled as retail stock. You should contact your regional office.
I. The qualified daily rental fleet customer hereby agrees that the vehicles supplied by GM under this agreement are subject to the export control laws and regulations of the United Sates (U.S.) and shall comply with such laws and regulations.
J. Optional equipment and, in special circumstances, certain standard equipment can be added to and deleted from GM vehicles during the ordering and manufacturing process by retail, fleet and rental customers. It is the rental account's responsibility to ensure that actual vehicle content is properly disclosed to a buyer or transferee in a clear and unambiguous writing when disposing of a vehicle. Rental accounts that use third party build specifications to promote the sale of their unit should be especially careful to ensure the accuracy of that data. The rental company shall be responsible for, and shall hold GM harmless, from any claim related to incorrect or incomplete descriptions of vehicle content by third party buyers or transferees.
K. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” incentives. Any exceptions to this rule must be pre-approved by GM before a unit enters rental service. In the event a vehicle enrolled in the Daily Rental National Fleet Risk Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchaseincentives. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement.
F. Orders not produced during the 2006 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]
Appears in 2 contracts
Samples: Purchase Agreement (Dollar Thrifty Automotive Group Inc), Vehicle Purchase Agreement (Avis Budget Group, Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “rental” vehicle: “The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery deliveries regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement.
F. Orders not produced during the 2006 2005 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 Up To 10% Of Each Xxxxxxx Holding Period Small: 5 month min - 12 month maximum Aveo 320/350 Cavalier 320/350 Damage Allowance - $400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of Cobalt 330/360 Sunfire 320/350 Ion 320/350 0-150 days in that month • No Minimum inService 19,000 Free Miles Grand Am 375/000 000-000 days in Service G6 375/395 24,000 Free Miles Vibe 375/395 MidSize: $0.27/mile mileage penalty Malibu 380/410 Classic 380/410 Century 375/390 In-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models Date (Expiration in Transit + 5 Days): Monte Carlo 380/410 First Cycle - July Up To January 31, 2007 2006 Models 2005 Impala 380/410 Second Cycle - July 31Feb 1, 2008 Total Passenger Car: [REDACTED]2005 and Beyond Grand Prix 380/410 LaCrosse 390/420 Saturn L 375/405 GTO 450/500 Bonneville 410/440 LeSabre 410/440 Xxxx Xxxxxx 000/000 XxXxxxx 545/570 STS 955/975 CTS 645/670 Venture 365/395 Montana 365/395 Montana SV6 365/395 Uplander 365/395 Xxxxx/Xxxxxx 000/000 Xxxxxxx 365/395 Relay 365/395 Colorado 380/425 Canyon 380/425 Blazer 365/385 VUE 365/385 TrailBlazer 380/410 Equinox 375/395 Rainier 375/405 Envoy 375/405 SRX 775/825 Express Van 360/390 Savana Van 360/390 Silverado/Avalanche 370/400 Sierra 370/400 Tahoe 490/520 Yukon 490/520 Suburban 490/520 Yukon XL 490/520 SSR 650/750 Aztek 375/395 Rendezvous 375/395 Escalade 575/600
Appears in 2 contracts
Samples: Daily Rental Purchase Program Agreement (Vanguard Car Rental Group Inc.), Daily Rental Purchase Program Agreement (Vanguard Car Rental Group Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “rental” rental vehicle”: “The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, necessary General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement.
F. Orders not produced during the 2006 2005 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 2004 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 2005 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 2006 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 2007 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes lncludes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum inIn-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]2007
1. PROGRAM NAME AND NUMBER:
Appears in 2 contracts
Samples: Daily Rental Purchase Program Agreement (Vanguard Car Rental Group Inc.), Daily Rental Purchase Program Agreement (Vanguard Car Rental Group Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “rental” vehicle: “The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery deliveries regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement.
F. Orders not produced during the 2006 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based “Special Equipment Options and Special Equipment Paint (SEO Equipment) are not available on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]XX0 Xxxxxxxxxx Vehicles.”
Appears in 2 contracts
Samples: Daily Rental Purchase Agreement (Vanguard Car Rental Group Inc.), Daily Rental Purchase Agreement (Vanguard Car Rental Group Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessaryIF NECESSARY, General Motors will audit the rental company to ensure compliance with this guidelineGENERAL MOTORS WILL AUDIT THE RENTAL COMPANY TO ENSURE COMPLIANCE WITH THIS GUIDELINE.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery deliveries regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement.
F. Orders not produced during the 2006 1998 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.. 10 Revised 9/11/97 1998 MY DAILY RENTAL PURCHASE PROGRAM GUIDELINES ------------------------------------------------
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED].
Appears in 1 contract
Samples: Vehicle Purchase and Lease Agreement (Republic Industries Inc)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreementagreement(s).
F. Orders not produced during the 2006 2007 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 VN9 Attachment 2 AVEO $ 0.13 400 Sep 91 91.5 92 95 20,000 [REDACTED] $ 0.13 400 Oct 91 91.5 92 95 22,500 [REDACTED] COBALT $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 HHR $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 VIBE $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 ION $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 G5 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 G6 NON-CONVERTIBLE $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 G6 CONVERTIBLE $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 OPEN $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 OPEN $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 TOTAL SM / COMPACT $ 0.18 400 May 76 76.5 77 80 33,000 [REDACTED] $ 0.18 400 June 75 75.5 76 79 33,000 [REDACTED] MALIBU $ 0.18 400 July 74 74.5 75 78 35,000 [REDACTED] $ 0.28 400 Aug 73 73.5 74 77 35,000 [REDACTED] MALIBU MAXX $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 AURA $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 LACROSSE $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 GRAND PRIX $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 MONTE CARLO $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 IMPALA $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum inGTO $ $ OPEN $ $ TOTAL MIDSIZE $ [REDACTED] $ [REDACTED] LUCERNE $ [REDACTED] $ [REDACTED] OPEN $ $ OPEN $ $ OPEN $ $ OPEN $ $ OPEN $ $ OPEN $ $ OPEN $ $ TOTAL FULLSIZE $ [REDACTED] $ [REDACTED] DTS $ [REDACTED] $ [REDACTED] STS $ $ CTS $ $ XLR $ $ SAAB 9-Service • 24 Month Maximum in2X $ $ SAAB 9-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out7X $ $ SAAB 9-of3 $ $ SAAB 9-stock vehicles not eligible • All units to be purchased by 5 $ $ OPEN $ $ TOTAL LUXURY $ [REDACTED] $ [REDACTED] EQUINOX $ [REDACTED] $ [REDACTED] VUE $ $ H2 $ $ H3 $ $ TRAILBLAZER $ $ RAINIER $ $ SSR $ $ ENVOY $ $ SRX $ $ TAHOE $ $ ESCALADE $ $ YUKON $ $ SUBURBAN $ $ YUKON XL $ $ OPEN $ $ OPEN $ $ TOTAL UTILITY $ [REDACTED] $ [REDACTED] SIERRA 900 $ [REDACTED] $ [REDACTED] SILVERADO 900 $ $ CANYON $ $ SILVERADO 800 (CLASSIC) $ $ COLORADO $ $ AVALANCHE $ $ SIERRA 800 (CLASSIC) $ $ OPEN $ $ OPEN $ $ OPEN $ $ TOTAL PICKUP $ [REDACTED] $ [REDACTED] SOLSTICE $ [REDACTED] $ [REDACTED] SKY $ $ CORVETTE $ $ TOTAL SPORT $ [REDACTED] $ [REDACTED] RENDEZVOUS $ [REDACTED] $ [REDACTED] TORRENT $ $ ACADIA $ $ OUTLOOK $ $ OPEN $ $ OPEN $ $ TOTAL CROSS OVER $ [REDACTED] $ [REDACTED] UPLANDER $ [REDACTED] $ [REDACTED] EXPRESS $ $ EXPRESS CARGO $ $ TERRAZA $ $ SAVANA $ $ RELAY $ $ TOTAL VAN $ [REDACTED] $ [REDACTED] VN9 AVIS BUDGET - 0300 AVEO [REDACTED] - - - - - - - - - - - - - - [REDACTED] - COBALT - - - - - - - - - - - - - - - HHR - - - - - - - - - - - - - - - VIBE - - - - - - - - - - - - - - - ION - - - - - - - - - - - - - - - G5 - - - - - - - - - - - - - - - G6 NON-CONVERTIBLE - - - - - - - - - - - - - - - G6 CONVERTIBLE - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - TOTAL SM / COMPACT [REDACTED] - - - - - - - - - - - - - - [REDACTED] - MALIBU [REDACTED] - - - - - - - - - - - - - - [REDACTED] - MALIBU MAXX - - - - - - - - - - - - - - - AURA - - - - - - - - - - - - - - - LACROSSE - - - - - - - - - - - - - - - GRAND PRIX - - - - - - - - - - - - - - - MONTE CARLO - - - - - - - - - - - - - - - IMPALA - - - - - - - - - - - - - - - GTO - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - TOTAL MIDSIZE [REDACTED] - - - - - - - - - - - - - - [REDACTED] - LUCERNE [REDACTED] - - - - - - - - - - - - - - [REDACTED] - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - TOTAL FULLSIZE [REDACTED] - - - - - - - - - - - - - - [REDACTED] - DTS [REDACTED] - - - - - - - - - - - - - - [REDACTED] - STS - - - - - - - - - - - - - - - CTS - - - - - - - - - - - - - - - XLR - - - - - - - - - - - - - - - SAAB 9-2X - - - - - - - - - - - - - - - SAAB 9-7X - - - - - - - - - - - - - - - SAAB 9-3 - - - - - - - - - - - - - - - SAAB 9-5 - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - TOTAL LUXURY [REDACTED] - - - - - - - - - - - - - - [REDACTED] - EQUINOX [REDACTED] - - - - - - - - - - - - - - [REDACTED] - VUE - - - - - - - - - - - - - - - H2 - - - - - - - - - - - - - - - H3 - - - - - - - - - - - - - - - TRAILBLAZER - - - - - - - - - - - - - - - RAINIER - - - - - - - - - - - - - - - SSR - - - - - - - - - - - - - - - ENVOY - - - - - - - - - - - - - - - SRX - - - - - - - - - - - - - - - TAHOE - - - - - - - - - - - - - - - ESCALADE - - - - - - - - - - - - - - - YUKON - - - - - - - - - - - - - - - SUBURBAN - - - - - - - - - - - - - - - YUKON XL - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - TOTAL UTILITY [REDACTED] - - - - - - - - - - - - - - [REDACTED] - SIERRA 900 [REDACTED] - - - - - - - - - - - - - - [REDACTED] - SILVERADO 900 - - - - - - - - - - - - - - - CANYON - - - - - - - - - - - - - - - SILVERADO 800 (CLASSIC) - - - - - - - - - - - - - - - COLORADO - - - - - - - - - - - - - - - AVALANCHE - - - - - - - - - - - - - - - SIERRA 800 (CLASSIC) - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - TOTAL PICKUP [REDACTED] - - - - - - - - - - - - - - [REDACTED] - SOLSTICE - - - - - - - - - - - - - - - SKY - - - - - - - - - - - - - - - CORVETTE - - - - - - - - - - - - - - - TOTAL SPORT [REDACTED] - - - - - - - - - - - - - - [REDACTED] - RENDEZVOUS [REDACTED] - - - - - - - - - - - - - - [REDACTED] - TORRENT - - - - - - - - - - - - - - - ACADIA - - - - - - - - - - - - - - - OUTLOOK - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - OPEN - - - - - - - - - - - - - - - TOTAL CROSS OVER [REDACTED] - - - - - - - - - - - - - - [REDACTED] - UPLANDER [REDACTED] - - - - - - - - - - - - - - [REDACTED] - EXPRESS - - - - - - - - - - - - - - - EXPRESS CARGO - - - - - - - - - - - - - - - TERRAZA - - - - - - - - - - - - - - - SAVANA - - - - - - - - - - - - - - - RELAY - - - - - - - - - - - - - - - TOTAL VAN [REDACTED] - - - - - - - - - - - - - - [REDACTED] - GRAND TOTAL [REDACTED] - - - - - - - - - - - - - - [REDACTED] - __________________________________________ Date:___________________________ __________________________________________ Acknowledged and Agreed General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]Approved
1. PROGRAM NAME AND NUMBER:
Appears in 1 contract
Samples: Vehicle Purchase Agreement (Avis Budget Group, Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (GM FAN) must be reported as 020 Daily Rental fleet delivery regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreementagreement(s).
F. Orders not produced during the 2006 model 2011 Model Year production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Optional equipment and, in special circumstances, certain standard equipment can be added to and deleted from GM vehicles during the ordering and manufacturing process by retail, fleet and rental customers. It is the rental account's responsibility to ensure that actual vehicle content is properly disclosed to a buyer or transferee in a clear and unambiguous writing when disposing of a vehicle. Rental accounts that use third party build specifications to promote the sale of their unit should be especially careful to ensure the accuracy of that data. The rental company shall be responsible for, and shall hold GM harmless, from any claim related to incorrect or incomplete descriptions of vehicle content by third party buyers or transferees.
H. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipmentoptionalequipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. I. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgementsjudgments. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 AvgI. General Condition Standards 2 A. Vehicle Return Requirements 3 B. Title, Registration, Tax, VIN Plate 3 C. Collision Damage 4
D. Damage Allowance, Existing Damage, Previous Repairs 5 E. Vehicle Maintenance 5 II. Invoice/Includes DFC • 100% Purchase Normal Wear and Tear 6 A. Glossary 6 B. Sheet Metal and Paint 6
C. Convertible Tops 7 D. Front and Rear Bumpers 7 E. Tires 10 F. Wheels, Covers and Aluminum Wheels 11
G. Vehicle Lighting 12 H. Interior Soft Trim and Carpets 12 I. Carpet Retainers / Sill Plates 12 J. Vehicle Glass 12 III. Original Equipment, Aftermarket Equipment and Accessories 13 IV. Missing Equipment Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in(MET) 14 V. Vehicle Integrity 14 VI. Litigation Liability 15
VII. General Turn-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]In Procedures 15 A. Forecast 15 B. Delivery 16
Appears in 1 contract
Samples: Vehicle Purchase Agreement (Avis Budget Group, Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery deliveries regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreementagreement(s).
F. Orders not produced during the 2006 2007 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors.
A. Program Guidelines: Permanently rejected auction vehicles are also considered ineligible for reclassification incentive allowances. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan No exceptions will be made for reasons of frame, fire or flood damage for the 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective model year reclassification program.
B. Application Requirements:
C. Final date of mileage change is submission for payment for the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by2007 Model Year: 2005 Models - July 31June 30, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]2009.
Appears in 1 contract
Samples: Vehicle Purchase Agreement (Avis Budget Group, Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (GM FAN) must be reported as 020 Daily Rental fleet delivery deliveries regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreementagreement(s).
F. Orders not produced during the 2006 model 2011 Model Year production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Optional equipment and, in special circumstances, certain standard equipment can be added to and deleted from GM vehicles during the ordering and manufacturing process by retail, fleet and rental customers. It is the rental account's responsibility to ensure that actual vehicle content is properly disclosed to a buyer or transferee in a clear and unambiguous writing when disposing of a vehicle. Rental accounts that use third party build specifications to promote the sale of their unit should be especially careful to ensure the accuracy of that data. The rental company shall be responsible for, and shall hold GM harmless, from any claim related to incorrect or incomplete descriptions of vehicle content by third party buyers or transferees.
H. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. I. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgementsjudgments. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]
1. PROGRAM NAME AND NUMBER:
Appears in 1 contract
Samples: Vehicle Purchase Agreement (Avis Budget Group, Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (GM FAN) must be reported as 020 Daily Rental fleet delivery deliveries regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreementagreement(s).
F. Orders not produced during the 2006 2011 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Optional equipment and, in special circumstances, certain standard equipment can be added to and deleted from GM vehicles during the ordering and manufacturing process by retail, fleet and rental customers. It is the rental account's responsibility to ensure that actual vehicle content is properly disclosed to a buyer or transferee in a clear and unambiguous writing when disposing of a vehicle. Rental accounts that use third party build specifications to promote the sale of their unit should be especially careful to ensure the accuracy of that data. The rental company shall be responsible for, and shall hold GM harmless, from any claim related to incorrect or incomplete descriptions of vehicle content by third party buyers or transferees. 6 of 8
H. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. I. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgementsjudgments. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED].
Appears in 1 contract
Samples: Purchase Agreement (Dollar Thrifty Automotive Group Inc)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly weekly, or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (GM FAN) must be reported as 020 Daily Rental fleet delivery regardless of order type.
E. Failure X. Xxxxxxx to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreementagreement(s).
F. Orders not produced during the 2006 2009 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipmentoptionalequipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgementsjudgments. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 56 59 61 63 66 62 42,500 $ 0.28 $0.40 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of (1) $0.25-$0.40 excess mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED]penalty
Appears in 1 contract
Samples: Vehicle Purchase Agreement (Avis Budget Group, Inc.)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer * shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, * all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessary, General Motors will audit the rental company to ensure compliance with this guideline.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery regardless of order type.
E. Failure to comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement.
F. Orders not produced during the 2006 2003 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED].
Appears in 1 contract
Samples: Purchase Agreement (Anc Rental Corp)
OTHER PROGRAM GUIDELINES. A. This is the General Motors guideline regarding the definition of a “"rental” " vehicle: “"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly or monthly basis. Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing and not rental and will make the vehicle ineligible for purchase.” " In the event a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental and will be ineligible for purchase. If necessaryIF NECESSARY, General Motors will audit the rental company to ensure compliance with this guidelineGENERAL MOTORS WILL AUDIT THE RENTAL COMPANY TO ENSURE COMPLIANCE WITH THIS GUIDELINE.
B. All General Motors general guidelines and definition of terms relative to incentive programs (refer to General Motors Dealer Sales Allowance and Incentive Manual Articles 2 and 3) that were supplied to your dealership apply to this program.
C. All eligible units must be delivered to the ultimate customer through a General Motors dealership or a qualified drop-ship location. Purchases or deliveries made through any other entity or individual are ineligible for payment.
D. All deliveries to customers with a valid Fleet Account Number (FAN) must be reported as 020 Daily Rental fleet delivery deliveries regardless of order type.
E. Failure to Xxxxxxx xx comply with these guidelines may result in the dealer being disqualified for future participation in fleet programs and terminations of dealer sales and service agreement.
F. Orders not produced during the 2006 1998 model production period will be canceled. There are no provisions for dealers and/or rental customers to receive any allowance for canceled orders.. 8 Revised 9/11/97 1998 MY DAILY RENTAL PURCHASE PROGRAM GUIDELINES ------------------------------------------------
G. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
H. General Motors reserves the right to cancel, amend, revise, or revoke any program at any time based on its sole business judgements. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rests solely with General Motors. Aug 2005 91 91.5 92 95 20,000 $ 0.13 400 Sep 91 91.5 92 95 20,000 $ 0.13 400 Oct 91 91.5 92 95 22,500 $ 0.13 400 Nov 90 90.5 91 94 22,500 $ 0.13 400 Dec 89 90 91 94 22,500 $ 0.13 400 Jan 2006 88 89 90 93 25,000 $ 0.13 400 Feb 86.5 88 89.5 92.5 25,000 $ 0.13 400 Mar 85 87 89 92 25,000 $ 0.13 400 Apr 84.5 86 88 91 27,500 $ 0.13 400 May 83.5 85.5 87 90 27,500 $ 0.13 400 June 82.5 84.5 86 89 29,250 $ 0.18 400 July 82.5 83.5 85 88 29,250 $ 0.18 400 Aug 81 82.5 84 87 29,250 $ 0.18 400 Sep 79 81.5 83 86 29,250 $ 0.18 400 Oct 79 80.5 82 85 29,250 $ 0.18 400 Nov 79 80 81 84 29,250 $ 0.18 400 Dec 79 80 80 83 29,250 $ 0.18 400 Jan 2007 80 80 80 83 31,000 $ 0.18 400 Feb 78.5 79 80 83 31,000 $ 0.18 400 Mar 78 78.5 79 82 31,000 $ 0.18 400 Apr 77 77.5 78 81 33,000 $ 0.18 400 May 76 76.5 77 80 33,000 $ 0.18 400 June 75 75.5 76 79 33,000 $ 0.18 400 July 74 74.5 75 78 35,000 $ 0.28 400 Aug 73 73.5 74 77 35,000 $ 0.28 400 Sep 72 72.5 73 76 35,000 $ 0.28 400 Oct 71.5 72 72.5 75.5 37,500 $ 0.28 400 Nov 71 71.5 72 75 37,500 $ 0.28 400 Dec 71 71.5 72 75 37,500 $ 0.28 400 Jan 2008 71 71.5 72 75 40,000 $ 0.28 400 Feb 69 70 71 74 40,000 $ 0.28 400 Mar 67 68 68 72 40,000 $ 0.28 400 Apr 65 67 67 70 42,500 $ 0.28 400 May 63 65 65 68 42,500 $ 0.28 400 June 61 63 65 68 42,500 $ 0.28 400 July 59 61 63 66 42,500 $ 0.28 400 Avg. Invoice/Includes DFC • 100% Purchase Program • Purchase amount calculated as percent of Capitalized Cost based on month of return to & acceptance by GM • The daily purchase rate equals the monthly rate difference divided by the number of days in that month • No Minimum in-Service • 24 Month Maximum in-Service • No Maximum Mileage Limitations • Effective date of mileage change is the first day of the month • Out-of-stock vehicles not eligible • All units to be purchased by General Motors must be returned and accepted by: 2005 Models - July 31, 2007 2006 Models - July 31, 2008 Total Passenger Car: [REDACTED].
Appears in 1 contract
Samples: Vehicle Purchase or Lease Agreement (Republic Industries Inc)