V# 77 Chec Colorado Lease Schedule - 22JRXRQuote No: 3606393Open - End (Equity) Lease Schedule
Supplemental to and part of Master Equity Lease Agreement date:09/14/2016
1. Lessee Name City of La Quinta Delivery Date 11/20/2017
Address Customer#55327278495 Calle Tampico
City La Quinta State CA Postal Code 92253
ATTN
Driver Alternate Driver Pool
Address 78495 Calle Tampico Garage County RIVERSIDE
City LA QUINTA State CA Postal Code 92253
2. Lease Term Commencing on the delivery date of the vehicle and ending 60 months after the first full monthly rental payment date with an
option to continue month-to-month for an unlimited period of time.
3. Vehicle Description Year 2018 Make Chevrolet Model Colorado
Series WT 4x2 Extended Cab 6 ft. box 128.3
License #temp Unit #22JRXR Replacement Unit #VIN#1GCHSBEN4J1138245
4. Monthly Rental and Other Payments Due
4A. Calculation of Monthly Rental
$25,192.30 Capitalized Price of Vehicle
$0.00 Initial License Fee
$0.00 License and Certain Other Charges
$335.00 Other: (See Page 2)
$0.00 Extended Mechanical Service Program
$0.00 Less Gain Applied From Prior Unit
$0.00 Less Capitalized Price Reduction
$25,527.30 Total Capitalized Amount (Delivered Price)
$344.62 Depreciation Reserve @1.35%
$107.92 Monthly Lease Charge
$452.54 Total Monthly Rental Excluding Additional Services
Additional Services
$38.77 Full Maintenance1 Contract Miles 50,000 Overmileage Charge $0.0350 Per Mile
Incl: # Brake Sets (1 Set = 1Axle)0 # Tires 0 Loaner Vehicle Not Included
Master Policy Enrollment Fees
$0.00 Physical Damage Management Comp/Collision Deductible 0/0
$0.00 Commercial Automobile Liability Enrollment
Liability Limit $0.00
$491.31 Monthly Rental Sub-Total
$39.60 Sales Tax 8.7500 State CA
$530.91 Total Monthly Rental Including Additional Services
4B. Initial Charges
$190.87 Pro-Rated Rental
$530.91 First Month's Rental
$0.00 Security Deposit
$0.00 Capitalized Price Reduction
$0.00 Sales Tax on Capitalized Price Reduction
$0.00 Tax on Gain On Prior
$0.00 Tax on Incentive ( Taxable Incentive Total :$0.00 )
$400.55 License and Certain Other Charges
$0.00 Aftermarket Equipment
$0.00 Other
$1,122.33 Total Initial Charges
4C. Service Charge $400.00 Service Charge Due at Lease Termination
4D. Reduced Book Value $4,793.38 Reduced Book Value at Lease Termination
Quote based on estimated annual mileage of 10,000
Special Provisions
As set forth in the Master Open - End (Equity) Lease Agreement, the terms and provisions contained in this schedule shall be conclusive and binding on Lessee unless Lessee objects in writing to the
same within ten (10) days after the date of delivery of the vehicle.
Enterprise FM Trust, a Delaware statutory trust, is the owner of the vehicle covered by this Schedule. Enterprise FM Trust (not Enterprise Fleet Management) is and shall be deemed to be the Lessor
of such vehicle under the Master Open - End (Equity) Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open - End (Equity) Lease Agreement with respect to
such vehicle. All rental and other payments owed by the Lessee with respect to such vehicle under the Master Open - End (Equity) Lease Agreement shall be paid to Enterprise Fleet Management in its
capacity as the servicer for Enterprise FM Trust. All references in Sections 11(a) and 12 of the Master Open - End (Equity) Lease Agreement to the "Lessor" shall include any servicer(s) and/or other
agent(s) for or of Enterprise FM Trust.
1The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this
[Invoice/Schedule/Quote], all such maintenance services are to be performed by Enterprise Fleet Management, Inc., and all such maintenance fees are payable by Lessee solely for the account of
Enterprise Fleet Management, Inc., pursuant to that certain separate [Maintenance Agreement] entered into by and between Lessee and Enterprise Fleet Management, Inc.; provided that such
maintenance fees are being billed by Enterprise FM Trust, and are payable at the direction of Enterprise FM Trust, solely as an authorized agent for collection on behalf of Enterprise Fleet
Management, Inc.
Printed On 12/01/2017 01:41:54 PM Page 1 of 2
Quote No: 3606393Open - End (Equity) Lease Schedule
Aftermarket Equipment Totals
Description (B)illed or (C)apped Price
Total Billed $0.00
Trailer tow hitch & harness C $542.32
Total Capitalized $542.32
Total $542.32
Other Totals
Description (B)illed or (C)apped Price
Total Billed $0.00
Pricing Plan Delivery Charge C $85.00
Courtesy Delivery Fee C $250.00
Total Capitalized $335.00
Total $335.00
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Quote No: 3606393
Termination Value Schedule A
Refer to paragraph 3b of the Terms and Conditions of the lease for the use of
this schedule which describes certain other charges that may be added to the
Termination Value. For months beyond the original term the Termination Value will
decrease by the amount of the "Monthly Fixed Charge".
Customer Name City of La Quinta
UNIT NO.22JRXR Monthly Rent $452.54 Fixed Charge:$344.62
Contract Date:12/01/2017 Term 60 Lease Charge:$107.92
Capitalized Price:$25,527.30
Month Date Termination Value RBV
1 Dec-17 $25,287.36 $25,182.68
2 Jan-18 $25,043.11 $24,838.06
3 Feb-18 $24,795.62 $24,493.44
4 Mar-18 $24,544.89 $24,148.82
5 Apr-18 $24,290.92 $23,804.20
6 May-18 $24,032.64 $23,459.58
7 Jun-18 $23,771.11 $23,114.96
8 Jul-18 $23,506.35 $22,770.34
9 Aug-18 $23,237.28 $22,425.72
10 Sep-18 $22,966.04 $22,081.10
11 Oct-18 $22,690.49 $21,736.48
12 Nov-18 $22,410.62 $21,391.86
13 Dec-18 $22,128.60 $21,047.24
14 Jan-19 $21,842.26 $20,702.62
15 Feb-19 $21,552.67 $20,358.00
16 Mar-19 $21,258.78 $20,013.38
17 Apr-19 $20,961.64 $19,668.76
18 May-19 $20,661.27 $19,324.14
19 Jun-19 $20,357.66 $18,979.52
20 Jul-19 $20,049.73 $18,634.90
21 Aug-19 $19,739.65 $18,290.28
22 Sep-19 $19,424.16 $17,945.66
23 Oct-19 $19,106.52 $17,601.04
24 Nov-19 $18,784.57 $17,256.42
25 Dec-19 $18,459.37 $16,911.80
26 Jan-20 $18,130.94 $16,567.18
27 Feb-20 $17,799.27 $16,222.56
28 Mar-20 $17,463.28 $15,877.94
29 Apr-20 $17,124.06 $15,533.32
30 May-20 $16,780.52 $15,188.70
31 Jun-20 $16,434.82 $14,844.08
Printed On 12/01/2017 01:42:06 PM Page 1 of 2
Quote No: 3606393
Termination Value Schedule A
Refer to paragraph 3b of the Terms and Conditions of the lease for the use of
this schedule which describes certain other charges that may be added to the
Termination Value. For months beyond the original term the Termination Value will
decrease by the amount of the "Monthly Fixed Charge".
Customer Name City of La Quinta
UNIT NO.22JRXR Monthly Rent $452.54 Fixed Charge:$344.62
Contract Date:12/01/2017 Term 60 Lease Charge:$107.92
Capitalized Price:$25,527.30
Month Date Termination Value RBV
32 Jul-20 $16,084.80 $14,499.46
33 Aug-20 $15,731.55 $14,154.84
34 Sep-20 $15,373.98 $13,810.22
35 Oct-20 $15,013.17 $13,465.60
36 Nov-20 $14,649.13 $13,120.98
37 Dec-20 $14,281.84 $12,776.36
38 Jan-21 $13,910.24 $12,431.74
39 Feb-21 $13,536.49 $12,087.12
40 Mar-21 $13,157.33 $11,742.50
41 Apr-21 $12,776.02 $11,397.88
42 May-21 $12,390.39 $11,053.26
43 Jun-21 $12,001.52 $10,708.64
44 Jul-21 $11,609.42 $10,364.02
45 Aug-21 $11,214.07 $10,019.40
46 Sep-21 $10,814.42 $9,674.78
47 Oct-21 $10,411.52 $9,330.16
48 Nov-21 $10,004.30 $8,985.54
49 Dec-21 $9,594.93 $8,640.92
50 Jan-22 $9,181.24 $8,296.30
51 Feb-22 $8,763.24 $7,951.68
52 Mar-22 $8,343.07 $7,607.06
53 Apr-22 $7,918.59 $7,262.44
54 May-22 $7,490.88 $6,917.82
55 Jun-22 $7,059.92 $6,573.20
56 Jul-22 $6,624.65 $6,228.58
57 Aug-22 $6,186.14 $5,883.96
58 Sep-22 $5,744.39 $5,539.34
59 Oct-22 $5,299.40 $5,194.72
60 Nov-22 $4,850.10 $4,850.10
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