October 23, 1996
Xx. X. Xxxxxxxx
Vice President Operations
Avis, Inc.
000 Xxx Xxxxxxx Xxxx
Xxxxxx Xxxx, XX 00000
Dear Xx. Xxxxxxxx:
This letter will confirm the agreement ("Agreement") reached between Avis,
Inc. ("Avis") and General Motors ("GM") regarding Avis' purchase or lease of
GM vehicles for model year 1997 through model year 2000. The details of this
Agreement are as follows:
1997 MODEL YEAR
1. Avis will purchase or lease from GM dealers of their choice a minimum
of 121,750 1997 model GM vehicles under the terms and conditions of
GM's 1997 Model Year Daily Rental Fleet Program (refer Attachment 1).
Avis has agreed to purchase these GM vehicles in a mix which includes
a considerable number of GM's higher priced vehicles and which
represents a higher percentage of these units than Avis otherwise
would purchase. The agreed mix of units is as follows:
Metro 2,500 Bonneville 5,075
Prizm 9,400 LeSabre 4,000
Cavalier 15,400 Eighty Eight 1,000
Sunfire 5,050 DeVille 4,000
Sunfire Cvt. 100 Venture 100
Malibu 1,250 Trans Sport 100
Grand Am 17,850 Astro 300
Skylark 14,050 Blazer 6,000
Achieva 11,675 Xxxxx 1,500
Lumina 14,650 Chevy Full-size Van 150
Monte Carlo 2,500 GMC Full-size Van 50
Grand Prix 1,500 Tracker 150
-------
Supreme 3,400 Total Units 121,750
Xx. X. Xxxxxxxx
October 23, 1996
Page 2
2. Avis agrees that in all advertising and promotional materials which
Avis undertakes for the 1997 Model Year (September 1, 1996 through
August 31, 1997), Avis will feature only General Motors products
where any vehicle is featured or promoted. Consequently, when Avis
advertising or promotional materials feature or promote a vehicle, a
General Motors' product shall be featured and promoted in accordance
with the custom of the Rent A Car industry with a tag line
substantially similar to the following:
"We feature (Trade name GM vehicle) and other fine GM
vehicles"
3. In exchange for this Agreement to purchase, promote and service the
number of 1997 models and in a vehicle mix satisfactory to GM, as
described in Paragraph 1, GM will provide Avis with the sum of
$64,527,500 in addition to any incentives due under the terms and
conditions of GM's 1997 Model Year Daily Rental Fleet Program.
Also, per our agreement, GM will provide Avis an additional 13,000
units in an agreed upon mix for the sum of $6,890,000.
(a) Avis is required to purchase a minimum of 4,000 incremental
vehicles in order to qualify for the option to buy.
Available carlines include Cavalier, Skylark, Bonneville,
Eighty Eight, LeSabre, Aurora, Astro/Safari, Blazer/Xxxxx.
Additional carlines may become available throughout the
model year. Mix is to be mutually agreed upon by GM-XXX
Xxxxx and Avis, Inc.
First Option expires on January 17, 1997 for 4,000 units
Second Option expires on February 28, 1997 for 3,000 units
Third Option expires on March 31, 1997 for 2,000 units
4. The pro rata portion of the sum described in Paragraph 3, will
be paid to Avis by the 25th of the month following vehicle
delivery and receipt of a diskette/electronic media transmission
by GM provided GM receives Avis' diskette/electronic media
transmission by the last business day of the month. A
diskette/electronic media transmission received after the last
business day of the month will be paid by the 25th of the
following month. This diskette/electronic media transmission
must include VIN numbers on the portion of the minimum 121,750
units delivered in the preceding month and not covered in
previous payments. Attachment 2 details data transmission and
record format requirements and should be used when reporting
vehicle acquisitions. The report of vehicle acquisitions should
Xx. X. Xxxxxxxx
October 23, 1996
Page 3
be transmitted by EDS Elite to the GM Consolidated Fleet
Redistribution Department or diskettes sent to the following address:
Attention: X. X. XxXxxx, Director-Finance
NAO Fleet Operations
MC 000-000-000
00000 Xxx Xxxx Xxxxxx
Xxxxxx, Xxxxxxxx, 00000
In the event that Avis does not purchase or lease the agreed number
of vehicles at the agreed mix, all payments made to Avis as described
in Paragraph 4 by General Motors will be reimbursed to GM on demand
subject to Paragraph 5.
5. All volume and mix requirements are subject to reasonable minor
adjustments based on mutual agreement between the parties when
the exact circumstances faced by both parties are known at the
time of vehicle delivery. It is understood that these
adjustments may require Avis to purchase a comparably priced mix
of product. In the event that either party cannot fulfill any
terms of this Agreement due to events beyond its control, such
as acts of God, labor disputes, and severe economic downturns,
the parties will enter negotiations with the intent of allowing
both to continue business without substantial penalty.
6. In the event that GM desires to sell additional daily rental vehicles
to GM dealers for sale or lease to Avis, and Avis agrees to purchase
additional vehicles from GM dealers of their choice, GM will provide
Avis with the sum of $530,000 in exchange for 1,000 unit incremental
volume packages in a mix similar to that described in paragraph 1.
Additionally, in the event Avis purchases an existing licensee during
the 1997 model year, and such existing Avis licensee is:
(1) A Participating Avis Licensee under the terms of the
Agreement between the Avis Licensee Association and GM dated
September 10, 1996 ("ALA Agreement"), GM agrees to accept an
assignment of the purchase volume, mix and monies identified
in the Participation Form executed by the Participating Avis
Licensee under the ALA Agreement; or
(2) A non-Participating Avis Licensee party to a purchase
agreement with GM, GM agrees to accept an assignment of the
purchase volume, mix and monies identified in the purchase
agreement for that non-Participating Avis Licensee;
Xx. X. Xxxxxxxx
October 23, 1996
Page 4
Provided such agreement is signed by such existing Avis licensee, the
Avis Licensee Association, if applicable, and Avis, and is in a form
acceptable to GM.
7. GM agrees to provide Avis with GM's 1997 Model Year Daily Rental
Fleet Program depreciation rates as detailed in Attachment 1 on the
121,750 units described in paragraph 1. GM agrees that if
depreciation rates are reduced, Avis will receive a similar
reduction. Further, GM agrees that any increase in the published
allowance(s) applicable to fleet purchases at risk will also apply to
Avis under paragraph 6 for reclassification purposes.
8. Avis agrees to provide to GM, at the beginning of each month, a
schedule of anticipated purchases of 1997 model year vehicles
(model year fleet plan) by division and car line, by month and
model year. Avis also agrees to provide to GM, at the end of
each month, a schedule of 1996 and 1997 model vehicle returns by
month for the 1996 and 1997 calendar years. Receipt of the
information described in this paragraph is an additional
condition of payment of the amounts discussed in this Agreement.
9. Avis agrees to retain any documents or records relevant to
vehicles purchased under this Agreement or any GM program and/or
claims submitted for payment under this Agreement or any other
GM program for two years after the close of the program. Avis
agrees to permit any designated representative of GM to examine,
audit and take copies of any accounts and records Avis is to
maintain under this Agreement. Avis agrees to make such accounts
and records readily available at its facilities during regular
business hours. GM agrees to xxxxxxx Xxxx with a list of any
reproduced records.
The Reclassification Program for the 1997 model year is under development and
will be mailed under a separate cover. The reclassification program is the
process by which vehicles are converted from repurchase (VN9) to risk (VX5).
MODEL YEARS 1998 THROUGH 2000
This letter will also confirm the Agreement reached between Avis and GM
regarding Avis' purchase or lease of GM vehicles for model year 1998 through
model year 2000. The details of this Agreement are as follows:
10. GM agrees to commit to Avis the availability of the 100%
Repurchase Program through model year 2000.
11. GM agrees to extend the terms and conditions of GM's 1997 Model
Year Daily Rental Fleet Program (refer Attachment 1) for model
year 1998 through model year 2000.
GM reserves the right to place "new" models (as defined by GM) on any
of the four (4) 1997MY repurchase percentage tiers or create a new
tier. Additionally, GM also reserves the right to shift vehicles only
to higher percentage tiers, (e.g. shift from repurchase tier 1 to
tier 2, thus lowering Avis' vehicle depreciation cost).
12. GM agrees that Avis may purchase or lease from GM dealers of its
choice a minimum of 100,000 vehicles for each model year 1998 through
2000.
GM and Avis agree that vehicle mix and production timing provided to
Avis in Model Years 1998 through 2000 will be mutually satisfactory
to both parties.
13. During the term of this Agreement, providing GM can meet Avis'
Fleet Purchase requirements, Avis agrees to maintain a minimum
GM share penetration of 51%. Further, during the term of this
Agreement, Avis agrees that all advertising and promotional
materials which Avis undertakes for future model years, Avis
will feature only General Motors products where any vehicle is
featured or promoted. Accordingly, Avis agrees to allow such
space and include such tag lines as in accordance with the
custom of the trade and industry. In exchange, GM will provide
Avis with a base sum of $25,000,000 for each model year 1998
through model year 2000. The actual amount in excess of
$25,000,000 will be negotiated for each model year. These sums
are in addition to any incentives due under the terms and
conditions of GM's Model Year Daily Rental Fleet Programs, if
any are available.
On behalf of the General Motors' Car and Truck Divisions, I would like to
express my appreciation for your business and hope this Agreement will
continue to strengthen our business relationship.
Please return a copy of this letter acknowledging your agreement to the above.
Very truly yours,
/s/ Xxxxxxx X. Xxx
Xxxxxxx X. Xxx
Executive Director
Fleet Operations
Agreed to:
Avis, Inc.
By: /S/ Xxxx Xxxxxxxx (Mr. Xxxx Xxxxxxxx)
--------------------
Vice President Operations - U.S. Rent A Car
Date: 10/29/96
---------
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
Attachment 1 - Part 1 of 2
GENERAL MOTORS CORPORATION
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
1. PROGRAM NAME AND NUMBER:
1997 Model Year Passenger Car and Light Duty Truck 100% Repurchase
Program for Daily Rental Operators - Program No. 97-02.
2. PROGRAM DESCRIPTION:
To provide General Motors dealers certain repurchase information on
selected 1997 model year passenger cars and light duty trucks sold
and delivered by GM dealers to qualified daily rental operators and
eligible for repurchase by General Motors in accordance with the
guidelines herein.
3. 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.
4. DELIVERY/ORDER/IN-SERVICE/PRODUCTION PERIOD:
Order - beginning with announcement of the 1997 model year program
and ending when dealers are notified that 1997 model year orders are
no longer being accepted.
Production, Delivery, In-Service - 1997 model year.
IMPORTANT - Acceptance of an order on any vehicle line does not
constitute a commitment to build or to build in a requested time
frame.
Minimum In-Service Period - None.
Maximum In-Service Period - 24 months or July 31, 1999 (which ever
occurs first).
Repurchase Mileage Requirements:
- No maximum mileage limitations.
- Excess mileage penalty of $0.07 per mile over maximum free
mileage levels that vary by month. (Refer Attachment "B")
All units to be repurchased by General Motors Corporation under this
program must be returned and accepted by July 31, 1999. Non-returned
vehicles purchased under this program must remain in service a
minimum of six (6) months (180 days). Documented frame, fire and/or
water damaged vehicles which are ineligible for repurchase have no
minimum in-service period.
2 of 14
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
5. ELIGIBLE MODELS/REQUIRED OPTIONS AND/OR ORDER TYPES:
All new and unused 1997 General Motors models, specified on
Attachment "A", with required minimum factory installed equipment
levels specified on Attachment "C" and processing options ordered for
qualified daily rental operators for use as daily rental vehicles and
delivered by GM dealers. (Refer to 10A).
All qualified fleet orders for eligible models received from dealers
must contain a valid Fleet Order Type.
Ordering Instructions: All repurchase orders must contain fleet
processing option VN9 and your customer UPC processing code. Vehicles
must be ordered with minimum option requirements specified on
Attachment "C".
Dealer must take full responsibility for including the proper
processing option on all orders. Should errors occur in the ordering
of vehicles, resulting in diversions or reinvoicing, the dealer may
be charged an administrative fee.
All qualified fleet orders for eligible models received from the
dealer must contain the Fleet Account Number (FAN) of record and
account name.
Dealer Order Acknowledgements must be checked to verify accuracy of
order submitted.
Dealer orders currently on hand or in the system that qualify under
this program, except that they do not contain the appropriate
processing options, can be amended or canceled and reordered if they
have not been released to production. This is the ordering dealer's
responsibility.
Fleet orders submitted with Fleet Processing Option VN9 and
incompatible retail incentive options will be rejected with an error
message.
Colors Not Eligible for Repurchase - Refer Mandatory Optional
Equipment.
Required Options - Processing Option VN9 and your customer assigned
UPC processing code must be ordered by the dealer on repurchase
vehicles to be enrolled in the 1997 Model Year Daily Rental 100%
Repurchase Program. Processing Option VN9 will provide a net invoice
- less holdback and advertising.
3 of 14
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
6. COMPATIBLE INCENTIVE/ALLOWANCE PROGRAMS:
Vehicles enrolled in the 1997 Model Year 100% Repurchase Program are
not eligible for any other fleet/retail program, including, but not
limited to, the Dealer Fleet Ordering Assistance Program (VQ), Price
Assurance and Price Protection. Chevrolet GEO Dealer Rent A Car
System units (CGDRACS) and General Motors Dealer Rent A Car System
units (GMDRACS) are not eligible for the 1997 Model Year 100%
Repurchase Program.
7. METHOD OF APPLICATION: Not Applicable.
8. METHOD OF PAYMENT:
Check to title holder or financial institution upon receipt and
clearance of proper paperwork at auction site and General Motors
Corporation.
Repurchase payment is made in the form of a check to the title holder
or financial institution at the address shown on the title, unless
prior arrangements are made.
The Payment Modification System (PMS) provides an effective method to
redirect repurchase checks to lending institutions as co-payee with
the titled owner.
If a lender and a daily rental operator desire co-payee/redirection,
please direct requests for additional information in writing to:
NAO Dealer Accounting
Mail Code 000-000-000
P. O. Box 436014
Pontiac, M1 48343-6014
9. FINAL DATE FOR SUBMISSION OF APPLICATTQNS AND RESOLUTION OF ALL
APPLICABLE REJECTS: Not Applicable
10. 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
4 of 14
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
ineligible for repurchase."
In the event a vehicle enrolled in the 100% Repurchase Daily
Rental 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 repurchase. If necessary, General
Motors will audit the customer to ensure compliance with
this guideline.
B. All dealers are responsible for maintaining a copy of a
current General Motors dealer allowance incentive programs
administrative manual, and, as such, all guidelines and
terms contained therein will be applied to this program.
C. Unless otherwise specified, all eligible units must be
purchased from General Motors and delivered to the ultimate
customer through a General Motors dealership. 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 fleet deliveries regardless of
order type.
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
agreement.
F. Orders not produced during the 1997 model production period
will be canceled. There are no provisions for dealers 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.
5 of 14
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
11. GENERAL POLICY GUIDELINES:
A. 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.
B. 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.
6 of 14
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
Attachment A
-----------------------------------------------------------------------------------------------------------------------------
1997 MY - Daily Rental Fleet Program
Residual Value Repurchase Program
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Tier 1 Tier 2 Tier 3 Tier 4
-----------------------------------------------------------------------------------------------------------------------------
Metro Cavalier Grand Am DeVille
Prizm Cavalier Convt. Skylark Park Avenue
Tracker Lumina Achieva Riviera
Malibu Monte Xxxxx Xxxxxxxxxx Aurora
Sunfire Supreme LeSabre
Sunfire Convt. S-Series Pickup Eighty Eight
Grand Prix Sonoma
Century Blazer
Regal Xxxxx
GMT-600 (G Bravada
Van) C/K Trucks
Venture Astro
Trans Sport Safari
Silhouette Camaro
Camaro Convt.
7 of 14
Attachment B
Month Of
Vehicle
Return & Free Damage
Acceptance Repurchase Percentage Miles1 Allowance2 Major Program Features
---------- --------------------------------------- ------ ---------- ----------------------
Tier 1 Tier 2 Tier 3 Tier 4
% % % % 100% Repurchase Program
Aug 1996 91 91.5 92 95 15,000 250
Sep 91 91.5 92 95 15,000 250 Repurchase amount calculated as percent of
Oct 91 91.5 92 95 20,000 250 Capitalized Cost based on month of return to
Nov 90 90.5 91 94 20,000 250 GM & acceptable by GM
Dec 89 90 91 94 20,000 250
-------------------------------------------------------------------------------
Jan 1997 88 89 90 93 22,500 250
Feb 86.5 88 89.5 92.5 22,500 250 The daily repurchase rate equals the monthly
Mar 85 87 89 92 22,500 250 rate difference divided by the number of
Apr 84.5 86 88 91 25,000 250 days in that month
May 83.5 85.5 87 90 25,000 250
June 82.5 84.5 86 89 25,000 250
-------------------------------------------------------------------------------
July 82.5 83.5 85 88 27,500 400 No Minimum in-Service
Aug 81 82.5 84 87 27,500 400 24 Month Maximum in-Service
Sep 79 81.5 83 86 27,500 400
Oct 79 80.5 82 85 29,000 400 No Maximum Mileage Limitations
Nov 79 80 81 84 29,000 400 $0.07 excess mileage penalty
Dec 79 80 80 83 29,000 400 Effective date of mileage change is the first
------------------------------------------------------------------------------- day of the month
Jan 1998 80 80 80 83 31,000 550
Feb 78.5 79 80 83 31,000 550
Mar 78 78.5 79 82 31,000 550 Damage allowance varies by the return and
Apr 77 77.5 78 81 33,000 550 acceptance date
May 76 76.5 77 80 33,000 550 Effective date of damage allowance change
June 75 75.5 76 79 33,000 550 is the first day of the month
-------------------------------------------------------------------------------
July 74 74.5 75 78 35,000 550
Aug 73 73.5 74 77 35,000 550 Out-of-stock vehicles not eligible
Sep 72 72.5 73 76 35,000 550 P.E.G. discounts not available
Oct 71.5 72 72.5 75.5 37,500 550
Nov 71 71.5 72 75 37,500 550 Prior Repair Limits
Dec 71 71.5 72 75 37,500 550 -------------------
------------------------------------------------------------------------------- $2,000 = "M.S.J.L.N" Models
Jan 1999 71 71.5 72 75 40,000 550 $2,000 - S-Pickup, Tracker
Feb 69 70 71 74 40,000 550 $2,500 - "A/W", "C/K" Truck & APV
Mar 67 68 68 72 40,000 550 $3,000 - "B.H.C" Models
Apr 65 67 67 70 42,500 550 $3,000 - "G/M" Vans, "S/T" Utility
May 63 65 65 68 42,500 550 $3,500 - All Cadillac Models
June 61 63 65 68 42,500 550 All units to be repurchased by General
July 59 61 63 66 42,500 550 Motors must be returned by and accepted
------------------------------------------------------------------------------- by: 1997 Models - July 31, 1999
--------
1 $0.07 excess mileage penalty
2 $100 administration fee on units in excess of guidelines
8 of 14
Attachment C
CHEVROLET REQUIRED MINIMUM EQUIPMENT LEVELS
REVISED
-------------------------------------------------------------------------------------
OPTIONS Lumina Lumina LS Monte Carlo Cav Coupe
-----------------------------------------------------------------------------------------------------------------------
1WL69 1WL69 1WW27 1JC37
Package 1SA 1SC 1SG 1SB
Engine L82 L82 L82 LN2
Automatic Transmission MXO MXO MXO MX1
Air Conditioning STD STD STD C60
Brakes JM4* STD STD STD
Seat Trim N/R N/R N/R N/R
Radio ULO STD STD UM6
Rear Defogger C49 C49 C49 C49
-------------------------------------------------------------------------------------
(RESTUBBED FROM TABLE ABOVE)
-------------------------------------------------------------------------------------
OPTIONS Cav Coupe RS Cavalier Cavalier LS Cav Conv LS
-----------------------------------------------------------------------------------------------------------------------
1JC37 1JC69 1JF69 1JF67
Package 1SU 1SF 1SH 1SP
Engine LN2 LN2 LN2 LN2
Automatic Transmission MX1 MX1 MXO MXO
Air Conditioning C60 C60 STD STD
Brakes STD STD STD STD
Seat Trim N/R N/R N/R N/R
Radio UM6 UM6 UM6 UM6
Rear Defogger C49 C49 C49 C49
-------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------
OPTIONS Tracker Express Express Astro
-----------------------------------------------------------------------------------------------------------------------
CE10367 CG11046 CG31706 CM11006
CJ10367 12/15PASS CL11006
Package 1SB 1SC 1SC 1SC
Engine LO1 L30 L31 L35
Automatic Transmission MX1 MT1 MT1 M30
Seat Trim N/R **G **G **G
Radio STD UM6 UM6 STD
Rear Defogger xx xx xx N/R
Rear Axle xx GU6 GT4 GT4/GU6
Moldings xx xx xx IN PKG
-------------------------------------------------------------------------------------
(RESTUBBED FROM TABLE ABOVE)
-------------------------------------------------------------------------------------
OPTIONS Blazer Metro Metro Prizm
-----------------------------------------------------------------------------------------------------------------------
CS/CT 1MR08 IMR69 ISK19
Package 1SC 1SD 1SA 1SB
Engine L35 L72 L72 L01
Automatic Transmission M30 MX1 MX1 MX1
Seat Trim N/R N/R N/R N/R
Radio IN PKG UL1 UL1 UL1
Rear Defogger ZM8 C49 C49 C49
Rear Axle xx UL1 UL1 UL1
Moldings xx C49 C49 C49
-------------------------------------------------------------------------------------
Unacceptable Color: Black
Note #1: Lumina has same model designation for Base and LS. PEG will determine which model is built.
Note #2: Cargo Vans are not included in the VN9 Program
Note #3: Four Wheel Drive Blazer requires ZM5, Four Wheel Drive Tracker requires NY7
* Mandatory thru December production
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
CHEVROLET
-------------------------------------------------------------------------
OPTIONS CAMARO CAMARO CONVERTIBLE
------------------------------------------------------------------------------------------------------------------
1FP87 1FP67
Package 1SB 1SE
Engine L36 L36
Automatic Transmission MXO MXO
Air Conditioning STD STD
Seat Trim AR9 AR9
Radio ULO ULO
Rear Defogger C49 XX
-------------------------------------------------------------------------
2
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
PONTIAC REQUIRED MINIMUM EQUIPMENT LEVELS
REVISED
--------------------------------------------------------------------------------
OPTIONS Sunfire* Sunfire Conv. Grand Am
-----------------------------------------------------------------------------------------------------------------------------
B37V @ 30% B67V E37V
B69V E69V
Package 1SA 1SC 1SA
Engine LN2 LD9 N/R
Automatic Transmission MX1 MXO MXO
Air Conditioning X00 Xxx X00
Seat Trim Std Std No 12C9
Power Locks xx AU3 xx
Power Windows xx A31 xx
Cruise Control xx Std K34
Tilt Steering Wheel xx Std N33
Radio UN6 UP3 UN6
Rear Defogger X00 Xxx C49
Smokers Package R8S R8S R8S
Wheels xx xx xx
Rear Deck Lid Spoiler xx xx T43**
Approved Colors 16,22,37 16,37 16,42,37
43,49,81 43,81 49,81,72
--------------------------------------------------------------------------------
(RESTUBBED FROM TABLE ABOVE)
--------------------------------------------------------------------------
OPTIONS Grand Prix*** Bonneville Trans Sport
-----------------------------------------------------------------------------------------------------------------------
J69 X69V M06
Package 1SB 1SB R811
Engine N/R N/R Std
Automatic Transmission Std Std Std
Air Conditioning Std Std Std
Seat Trim Std Std Std
Power Locks Std Std Std
Power Windows Std Std Std
Cruise Control Std Std Std
Tilt Steering Wheel Std Std Std
Radio Std Std Std
Rear Defogger Std Std N/R
Smokers Package xx xx xx
Wheels xx PF5 xx
Rear Deck Lid Spoiler xx T43 xx
Approved Colors 15,35,42 16,34,43 09,16
49,53,81**** 48,50 35,42,49
--------------------------------------------------------------------------
* Sunfire 30% Coupes
** Grand Am - spoiler required on all coupes & 50% of sedans
*** Not available until January 1997 production Transport - recommend power
sliding door (E58) **** Color 81 available on coupe only
3
1997
MY DAILY RENTAL REPURCHASE PROGRAM GUIDLINES
Buick Required Minimum Equipment Levels
--------------------------------------------------------------------------------
OPTIONS Skylark Custom LeSabre Custom Park Avenue
---------------------------------------------------------------------------------------------------------------------
J69 P69 W69
Minimum Option Package SA SA SA
4 Cyl Engine STD xxx xxx
V-6 Engine xx Std Std
Cruise Control K34 K34 Std
Driver's Power Seat xx AG1 Std
Power Windows 50% with A31 Std Std
Seats xx AG1
AM/FM Cassette UN6* UN6 Std
--------------------------------------------------------------------------------
Unacceptable Colors: 36 Lt. Adriatic Blue, 41 Black, 47 Medium Xxxxxx Xxxxx, 81 Bright Red, 89 Royal Orchid Pearl
Color Restriction: White (16) cannot exceed 40% usage
*Revised 6/18/96
4
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDLINES
OLDSMOBILE REQUIRED MINIMUM EQUIPMENT LEVELS
REVISED 6-6-96
----------------------------------------------------------------------------------
OPTIONS Achieva* Supreme Eighty Eight LSS
LS
-----------------------------------------------------------------------------------------------------------------------
L37NV H47WV N69HV Y69HV
L69NV H69WV
Package R7B R7A R7B R7C**
Engine Std N/R Std Std
Automatic Transmission Std Std Std Std
Air Conditioning Std Std Std Std
Seat Trim N/R N/R N/R N/R
Radio Std Std Std Std
Rear Defogger Std Std Std Std
----------------------------------------------------------------------------------
(RESTUBBED FROM TABLE ABOVE)
----------------------------------------------------------------------------------
OPTIONS Regency Silhouette Bravada Aurora
-----------------------------------------------------------------------------------------------------------------------
C69HV M06UV V06TV R29GV
N06UV
M16UV
Package R7D Any Pkg. R7A R7A
Engine Std Std Std Std
Automatic Transmission Std Std Std Std
Air Conditioning Std Std Std Std
Seat Trim N/R N/R N/R N/R
Radio Std Std Std Std
Rear Defogger Std Std Std Std
----------------------------------------------------------------------------------
Unacceptable Color: Black
Note: No additions or deletions to any package except for (plus) BF9 floor mat
delete.
N/R: Not Restricted
* MM5 Restricted
** REVISION FROM PREVIOUS REPORT
5
1997 MY DAILY RENTAL REPURCHASE PROGRAM
GUIDELINES
CADILLAC REQUIRED MINIMUM
EQUIPMENT LEVELS
SEDAN DeVILLE (6KD69) Leather Interior
Emission System Code
Accept Stripe (standard but color must be specified)
1SB (standard)
COLOR (code) TRIM (code) TRIM (code)
------------ ----------- -----------
06-Mulberry 152-Neutral Shale 772-Mulberry
17-Silver Mist 212-Dark Blue 772-Mulberry
33-Frost Beige 152-Neutral Shale
38-Emerald Green 152-Neutral Shale 992-Neutral Shale w/Gray
40-Cotillion White 152-Neutral Shale 212-Dark Blue
46-Shale 152-Neutral Shale 772-Mulberry
212-Dark Blue 922-Neutral Shale w/Gray
54-Sea Mist Green 422-Sea Mist Green 152-Neutral Shale
57-Shale Beige 152-Neutral Shale 722-Mulberry
77-Dark Cherry 152-Neutral Shale 922-Neutral Shale w/Gray
91-Polo Green 152-Neutral Shale 422-Sea Mist Green
922-Neutral Shale w/Gray
6
1997 MY DAILY RENTAL REPURCHASE PROGRAM
GUIDELINES
CADILLAC REQUIRED MINIMUM
EQUIPMENT LEVELS
SEVILLE SLS (6KS69) Option Group WA9 includes the following:
Leather Seating Areas
Lumbar Support - 4 way power
Sport Interior - includes full floor console
with transmission shift handle
and analog instrument cluster
Accent Stripe (standard but color must be specified)
Emission System Code
VK3 Front License Plate Mounting
COLOR (code) TRIM (code)
------------ -----------
06-Mulberry 154-Neutral Shale
924-Neutral Shale w/Gray
17-Silver Mist 214-Dark Blue
33-Frost Beige 154-Neutral Shale
38-Emerald Green 154-Neutral Shale
924-Neutral Shale w/Gray
40-Cotillion White 154-Neutral Shale
214-Dark Blue
774-Mulberry
46-Shale 154-Neutral Shale
214-Dark Blue
774-Mulberry
924-Neutral Shale w/Gray
57-Shale Beige 154-Neutral Shale
77-Dark Cherry 154-Neutral Shale
774-Mulberry
924-Neutral Shale w/Gray
91-Polo green 154-Neutral Shale
664-Beechwood
924-Neutral Shale w/Gray
7
1997 MY DAILY RENTAL REPURCHASE PROGRAM GUIDELINES
GMC Truck Required Minimum Equipment Levels
--------------------------------------------------------
OPTIONS XXXXXX XXXXXX XXXXXX SAFARI XXXXX 4 DR
-------------------------------------------------------------------------------
TG11406 TG21406 TG31406 TM11006 TS10506
TG21706 TG31706 TL11006 TT10506
Package 1SC 1SB 1SB 1SB 1SJ/1SK
Engine L30 L31 L31 L35 L35
Automatic Transmission M30 MT1 MT1 M30 M30
Air Conditioning C69 C69 C69 STD STD
Seat Trim **G **G **G **G **H
Radio UM6 UM6 UM6 UM6 UM6
Rear Defogger XX XX XX XX ZM8
Rear Axle Ratio GU6 GT4 GT4 XX XX
Moldings XX XX XX B74 XX
Mirrors XX XX XX D48 XX
Seat XX XX XX ZP8 XX
Paint ZY1 ZY1 ZY1 ZY1 ZY1
Wheels XX XX XX PA6 XX
--------------------------------------------------------
NOTE: MODELS ALSO REQUIRE:
BQ0/BQ1/BQ2/BTF/FB7/FCA/FCB/KCV/V6F
8
