PROGRAM ALLOWANCES. The purchase amount shall be calculated beginning with dealer invoice including freight. Deducted from Dealer Invoice will be depreciation factored on the monthly depreciation rate times 12 months and divided by 365 days in the year multiplied by the number of days in service determined by the day the vehicle is returned to and accepted by General Motors in accordance with GM Turnback Standards & Procedures. • Return purchase amount will be net of calculated depreciation and applicable damage including MET items and/or mileage penalties as well as any other applicable administration fees as noted in the GM Turnback Standards & Procedures. • In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. • Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental fleet customer meets all program parameters and completes the sign-off procedures. Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option Group discounts. The following models are not eligible: Corvette, XLR, Van Conversions (including Hi-Cube and Stepvan), and Full Size Cargo Vans. Vehicles delivered from dealer inventory are not eligible for enrollment in the 2006 Daily Rental Purchase Program. Dealers will receive seven (7) additional days following the expiration of transit time before the invoice is due for payment, in lieu of interest credit days. Vehicle payment is due upon delivery to the fleet customer (if prior to invoice interest commencement date). By providing this additional allowance, interest reimbursements will not be made for vehicles arriving one (1) to seven (7) days after the expiration of transit time. Vehicles arriving more than ten (10) days after the interest commencement date are eligible for reimbursement under the GM In-Transit Credit Program.
PROGRAM ALLOWANCES. The purchase amount shall be calculated as a percent of dealer invoice including freight. The purchase percentage varies month by month and is determined by the month the vehicle is returned to and accepted by General Motors in accordance with GM2007CY Daily Rental Guaranteed Residual Program Process, Procedures, And Return Standards (Attachment “1C”). - Vehicles are assigned into one of the four tier groups. (Refer Attachment "1A" for tier composition and Attachment "1B" for respective tier monthly purchase percentage). - The daily purchase rate equals the change in the monthly rate divided by the number of calendar days for that month. - Depreciation from capitalized cost will be based on specific purchase percentages of dealer invoice, scaled by vehicle assignment into one of four tier groups. Purchase percentages vary by month of return to and acceptance by GM (out-of-service date as described in Attachment “1B”). - In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. Attachment 1 - Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental company meets all program parameters and completes the sign-off procedures. Units in the program are ineligible for the following: - Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option package discounts. - Ineligible Models: Van Conversions (including Hi-Cube and Step-Van), Full Size Cargo Vans, Hummer H1, Saturn Astra, and Select Saab Models. - Vehicles delivered from dealer inventory are not eligible for enrollment in the 2008 Daily Rental Purchase Program.
PROGRAM ALLOWANCES. The repurchase amount shall be calculated as a percent of dealer invoice including freight. The repurchase percentage varies month by month and is determined by the month the vehicle is RETURNED TO AND ACCEPTED BY GENERAL MOTORS in accordance with GM Auction Guidelines. - Vehicles are assigned into one of the four tier groups. (Refer Attachment "A" for tier composition and Attachment "B" for respective tier monthly repurchase percentage) - The daily repurchase rate equals the change in the monthly rate divided by the number of calendar days for that month. - Out-of-service date shall be the date the vehicle is returned to an approved auction location provided the rental company meets all program parameters and completes the sign-off procedures. Damage allowance varies by return and acceptance date. (Refer Attachment "B") Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option Group discounts. The following models are not eligible: Cavalier Z24, Corvette, Astro and Safari Cargo Vans, Suburban, Tahoe, Yukon, Van Conversions (including Hi-Cube and Stepvan), and Full Size Cargo Vans. Vehicles delivered from dealer inventory and NOT eligible for enrollment in the 1997 Repurchase Program.
PROGRAM ALLOWANCES. The purchase amount shall be calculated as a percent of dealer invoice including freight. The purchase percentage varies month by month and is determined by the month the vehicle is RETURNED TO AND ACCEPTED BY GENERAL MOTORS in accordance with GM Auction Guidelines. - Vehicles are assigned into one of the four tier groups. (Refer Attachment "A" for tier composition and Attachment "B" for respective tier monthly purchase percentage) - The daily purchase rate equals the change in the monthly rate divided by the number of calendar days for that month. - Depreciation from capitalized cost will be based on specific purchase percentages of dealer invoice, scaled by vehicle assignment into one of four tier groups. Purchase percentages vary by month of return to and acceptance by GM (out-of-service date as described in Attachment "B"). - In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. - Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental company meets all program parameters and completes the sign-off procedures. Damage allowance varies by return and acceptance date. (Refer Attachment "B") Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option Group discounts. The following models are not eligible: Corvette, Astro and Safari CargoVans, Van Conversions (including Hi-Cube and Stepvan), and Full Size Cargo Vans. Vehicles delivered from dealer inventory are NOT eligible for enrollment in the 1998 Daily Rental Purchase Program.
PROGRAM ALLOWANCES. The purchase amount shall be calculated beginning with dealer invoice including freight. Deducted from Dealer Invoice will be depreciation factored on the monthly depreciation rate times 12 months and divided by 365 days in the year multiplied by the number of days in service determined by the day the vehicle is returned to and accepted by General Motors in accordance with GM Turnback Standards & Procedures (Attachment3C). - Return purchase amount will be net of calculated depreciation and applicable damage including MET items and/or mileage penalties as well as any other applicable administration fees as noted in the GM Turnback Standards & Procedures (Attachment 3C). - In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. - Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental fleet customer meets all program parameters and completes the sign-off procedures. Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option Group discounts. The following models are not eligible: Van Conversions (including Hi-Cube and Step-Van), Full Size Cargo Vans, Hummer H1, and Saab All Models. Vehicles delivered from dealer inventory are not eligible for enrollment in the 2007 Daily Rental Purchase Program.
PROGRAM ALLOWANCES. The purchase amount shall be calculated beginning with dealer invoice including freight. Deducted from Dealer Invoice will be depreciation factored on the monthly depreciation rate times 12 months and divided by 365 days in the year multiplied by the number of days in service determined by the day the vehicle is returned to and accepted by General Motors in accordance with GM 2010CY Daily Rental Guaranteed Residual Program Turn-In Standards And Procedures (Attachment 3C). - Return purchase amount will be net of calculated depreciation and applicable damage including MET items and/or mileage penalties as well as any other applicable administration fees as noted in the GM 2010CY Daily Rental Guaranteed Residual Program Turn-In Standards And Procedures (Attachment 3C). - In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. - Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental fleet customer meets all program parameters and completes the sign-off procedures. Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option package discounts. The following models are not eligible: Van Conversions (including Hi-Cube and Step-Van) & Full Size Cargo Vans. Vehicles delivered from dealer inventory are not eligible for enrollment in the 2011 Daily Rental Purchase Program.
PROGRAM ALLOWANCES. The repurchase amount shall be calculated as a percent of dealer invoice including freight. The repurchase percentage varies month by month and is determined by the month the vehicle is returned to and accepted by General Motors in accordance with GM Auction Guidelines. - Vehicles are assigned into one of the four tier groups. (Refer Attachment "A" for tier composition and Attachment "B" for respective tier monthly repurchase percentage) - The daily repurchase rate equals the change in the monthly rate divided by the number of calendar days for that month. - Out-of-service date shall be the date the vehicle is returned to an approved auction location provided the rental company meets all program parameters and completes the sign-off procedures. Damage allowance varies by return and acceptance date. (Refer Attachment "B") Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option Group discounts. The following models are not eligible: Cavalier Z24, Corvette, 1 of 14 1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES Astro and Safari CargoVans, Suburban, Tahoe, Yukon, Van Conversions (including Hi-Cube and Stepvan), and Full Size Cargo Vans. Vehicles delivered from dealer inventory are not eligible for enrollment in the 1997 Repurchase Program. Dealers will receive seven (7) additional days following the expiration of transit time before the invoice is due for payment, in lieu of interest credit days. Vehicle payment is due upon delivery to the fleet customer (if prior to invoice interest commencement date). By providing this additional allowance, interest reimbursements will not be made for vehicles arriving one (1) to seven (7) days after the expiration of transit time. Vehicles arriving more than ten (10) days after the interest commencement date are eligible for reimbursement under the GM In-Transit Credit Program.
PROGRAM ALLOWANCES. The purchase amount shall be calculated as a percent of dealer invoice including freight. The purchase percentage varies month by month and is determined by the month the vehicle is returned to and accepted by General Motors in accordance with GM Auction Guidelines. - Vehicles are assigned into one of the four tier groups. (Refer Attachment "A" for tier composition and Attachment "B" for respective tier monthly purchase percentage). - The daily purchase rate equals the change in the monthly rate divided by the number of calendar days for that month. - Depreciation from capitalized cost will be based on specific purchase percentages of dealer invoice, scaled by vehicle assignment into one of four tier groups. Purchase percentages vary by month of return to and acceptance by GM (out-of-service date as described in Attachment "B"). - In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. - Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental company meets all program parameters and completes the sign-off procedures. Vehicles are not eligible for Preferred Equipment Group (P.E.G.)/Option Group discounts. * Vehicles delivered from dealer inventory are not eligible for enrollment in the 2003 Daily Rental Purchase Program. *
PROGRAM ALLOWANCES. The purchase amount shall be calculated as a percent of dealer invoice including freight. The purchase percentage varies month by month and is determined by the month the vehicle is returned to and accepted by General Motors in accordance with GM 2010CY Daily Rental Guaranteed Residual Program Turn-In Standards And Procedures (Attachment “1C”). - Vehicles are assigned into one of the four tier groups. (Refer Attachment "1A" for tier composition and Attachment "1B" for respective tier monthly purchase percentage). - The daily purchase rate equals the change in the monthly rate divided by the number of calendar days for that month. - Depreciation from capitalized cost will be based on specific purchase percentages of dealer invoice, scaled by vehicle assignment into one of four tier groups. Purchase percentages vary by month of return to and acceptance by GM (out-of-service date as described in Attachment “1B”). - In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. - Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental company meets all program parameters and completes the sign-off procedures.
PROGRAM ALLOWANCES. The purchase amount shall be calculated beginning with dealer invoice including freight. Deducted from Dealer Invoice will be depreciation factored on the monthly depreciation rate times 12 months and divided by 365 days in the year multiplied by the number of days in service determined by the day the vehicle is returned to and accepted by General Motors in accordance with GM 2010CY Daily Rental Guaranteed Residual Program Turn-In Standards And Procedures (Attachment 3C). - Return purchase amount will be net of calculated depreciation and applicable damage including MET items and/or mileage penalties as well as any other applicable administration fees as noted in the GM 2010CY Daily Rental Guaranteed Residual Program Turn-In Standards And Procedures (Attachment 3C). - In-service date shall be five (5) days following the expiration in-transit date as shown on the factory invoice. - Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental fleet customer meets all program parameters and completes the sign-off procedures.
