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HomeMy WebLinkAbout08/21/2007, C8 - 2007-08 GENERAL PURPOSE SEDAN PROCUREMENT I / M6mq Dart council August 21, 2007 j agenda REpom "°. C � CITY OF SAN LUIS OBISPO FROM: Department Head: Jay Walter, Public Works Directo Q Prepared By: Dave Smith, PW Administrative S ices Manager SUBJECT: 2007-08 GENERAL PURPOSE SEDAN PROCUREMENT CAO RECOMMENDATION 1. Approve a purchase order in the amount of $75,034.70 to Toyota of San Luis Obispo for procurement of three Prius Hybrid sedans. 2. Approve transfer of$8,278 from Water Fund working capital and $14,256 from Sewer Fund working capital to fund additional purchase costs. DISCUSSION The proposed procurements were approved in the 2007-09 Financial Plan. (See Appendix B pages 3-122, 3-163, and 3-172.) One sedan is a fleet addition, and the other two are fleet replacements. In recent years the City has typically made bulk annual vehicle procurements through California Multiple Award Schedule (CMAS) contracts. Based on recent.successful experiences using a cooperative purchasing arrangement through local agency contracts, Public Works explored the possibility of using this procedure for the general purpose sedan procurements in 2007-08. One advantage of this approach is that it often involves a local vendor rather than the out-of-county vendors associated with the CMAS contracts. All three of these sedans are for the Utilities Department. In an effort to improve fuel economy and vehicle emissions, Public Works conferred with the Utilities Department about possibly buying sedans with alternative fuel technology rather than the conventional engine technology in the units originally specified. As a result of these discussions, the Utilities Department agreed to order Toyota Prius hybrid vehicles. A cooperative purchasing contract is available through the Economic Opportunity Commission of San Luis Obispo, which recently bought Prius' Hybrids from Toyota of San Luis Obispo after soliciting competitive bids. CONCURRENCE The Fleet CIP Review committee reviewed alternatives for these sedans. The committee, which included representation from the Utilities department, was in agreement with a recommendation to purchase hybrid replacement vehicles, specifically targeting the Toyota Prius because of highest potential mileage gain, reputation for quality, and appropriateness of intended use. C 2007-08 General Purpose Sedan Procurement Page 2 FISCAL IMPACT Fleet policy allows an additional 20% premium in purchase price for alternative fuel beyond the cost of the conventional fuel comparable. Although the up front purchase price of the Hybrid is 46% higher than a comparable sedan, when fuel savings over the projected replacement cycle established in Fleet policy is factored.in, the cost difference is only 3% (see attached comparison chart). Purchase Price(unit price of$22,937.87) 68,813.61 Doc fee($55 per unit) 165.00 Subtotal $68,978.61 Sales Tax (7.75%) 5,345.84 Subtotal $74,324.45 License ($228 per unit) 684.00 California Tire fee($8.75 per unit) 26.25 Purchase order amount 75,034.70 Accessories to be installed by Fleet Staff 2.600.00 77,634.70 Less Available budget 55,100.00 Supplemental funding needed 22,534.70. This will require supplemental funding from the water and sewer fund working capital to cover the additional purchase cost. Requested funding is currently available from working capital in the water and sewer funds. Both the water and sewer funds will be above the policy minimum even after the supplemental appropriation. Project Funding Water Fund Sewer Fund Combined Bud-et Budget Total Approved 2007-08 CIP budget 17,600 37,500 55,100 Current request to increase budget 8,278 14,256 22,535 Revised Total 25,878 51,756 77,635 ALTERNATIVES The City could purchase standard sedans as originally proposed. This would reduce up front purchase costs but the City would miss the opportunity to expand use of hybrid vehicles into the City fleet inventory. ATTACRMENTS 1. Hybrid sedan comparison table 2. E.O.C. Cooperative purchase 3. Quotation from Toyota of San Luis Obispo G:\Staff-Reports-Agendas-Minutes\_CAR\2007\Pleet\CAR 2007-08 General Purpose Sedan Procurement.DOC `— Attachment Standard sedan compared to Hybrids Non-Hybrid Hybrid Sebrin Civic Prius Escape Accord Averaged MPG rating 23 50 55 32 32 Base Unit $15,900 $23,700 $23;569 $23,198 $32,185 Delivery $250 $250 $250 Sales Tax $1,252 $1,856 _ $1,827 $1,798 $2,494 Purchase cost $17,402 $25,806 $25,396 $24,996 $34,929 Differencia 1(20%limit by policy) n/a 48% 46% 44% 101% Purchase cost $18,654 $27,662 $27,223 $24,996 $34,929 Fuel expense at 80,000 miles $13,043 . $6,000 $5,455 $9,375 $9,375 Projected cost of ownership $31,697 $33,662 $32,677 $34,371 $44,304 Differencial(20%limit by policy) rt/ 6% 3% 8% 40% Fuel consumption based on$3.75 a gallon Engine type -V-6 I-4 1-4 14 V-6 Headroom 40.1/38.4 39.4/37.4 39.1/37.3 40.4/39.2 38.3/36.8 Legroom 42.4/36.2 42.2/34.6 41.9/38.6 41.6/35.6 42.6/36.8 Shoulder room 56.4/56.4 53.6/52.3 55.0/52.9 56.6/55.9 56.9/56.1 Hiproom 53.5/53.2 51.9/51.0 51.0/51.6 53.3/49.1 54.6/53.5 Cargo 31.8 10.4 14.4 27.8 11.2 Passenger volumn 100.9 90.9 96.2 n/a 97.7 Seating Capacity 5 5 5 5 5 Fuel tank 16.9 12.3 11.9 15 17.1 C�-3 1030 SOUTHWOOD DRIVE SAN LUIS OBISPO ECONOMIC OPPORTUNITY CALIFORNIA 93401 COMMISSION•SINCE 1%5 (805)544-4355 FAX(805)549-8388 January 16,2007 Economic Opportunity Commission of San Luis Obispo County,Inc.is a private non-profit Community Action Agency,providing comprehensive community-based programs,which strive to alleviate poverty and promote self-sufficiency for all qualified participants. EOC is in the process of shopping for a two new 4 door hybrid sedans for our Migrant and Seasonal Head Start Programs.This letter is being sent to San Luis Obispo County dealers and should be treated as a request for competitive quotes.Listed below are the basic specifications we are requiring. • New • 4 Door Sedan • Hybrid • Light in Color preferred,not required • Automatic Transmission • Cruise Control • Air Bags,Front and Side • Antilock Brake System • AM/FM Radio • Air Conditioning • Power Windows and Locks • Delivery/Purchase no later than January 31,2007. Please send all specifications and quotes by January 24,2007,5 PM addressed to: EOC Purchasing Department 1030 Southwood Dr. San Luis Obispo,CA 93401 or fax to 805-549-8388,attention"Purchasing". If you have any questions,please contact Rocky Rockwood at 544-4355,ext. 116. Sincerely, James(Rocky)Rockwood Purchasing Specialist •Child Caw Resource Connection •Bmergewy Services•Bnegp Comerra#don• Weatberizatum Services•Thrif3 Stone •Family Planning Sandws•Head Start•Homeless Shelter•Migrant Child Cane•Senior Health Scmxmng•Tem Parenting Program -y AUG-03-2009 FRI 10:29 AMS'. FAX NO. 805 3388 4114010f P� 01 Z `inventory Detail Parc ] of2 v 181e6 VEHICLE =MxRy gMORT nATP.a 02/09/07 DCV920 t6adc�Y iqumbosc 12341 TIS' 09:13 SERIAL # 377596460 Check Code: D Model DwScript:ioa: 4-DR am/E=c Category ..........; g Xeux ..... ..... .... 2007 Current Dealer 130-043Q1 Interior Color ,_s.FEil ma. Wholeaal'e Dealer 04130 E$terior Color .,: 0040 VMTE Previous Dealar .. .a 04150 Body ............: RYM= OAS/EEMC SBDN Involas rMr.0 12/29/06 Ramber of Cyt ... : 4 Ship Date 01/02/07 Allocation Nbmber: 122 Retail Date • Engine Number ... : 19133D74 Date of pirstuse .: Vessel AtaftOY ... 253 law : nlb Vessel MHMG CSAV RIOVD02 Damage: IQp bAMAGE FDI xBs Flettt .............r NOM�FLR3e7r Port "S CcaW}ets .: VO VIN 4.....•.... .., J'SDKH2tlTI477S9646tl IL nitiCm sactcry Installed Aocersoriee: F8 no Port Installed Accescorie0 ..: Retail vehicle Base Model 6 22175.00 Total ACCeSSoxAcs ...................... $ A178.00' x=AANICAL R PERFORMANCE Hybrid Synergy Dative System 1.5L 40y1 DOHC 16 Valve a/VVT-1 .zngj Q slceraic Cocinusly variable Trans (ECVT) Electronic Dolor steering System MacPhorson Strut Pxomt SnSVWWJ= Torsion aoam Rear Sus;ponsion 15' Allay Wbeels WIP185/66R15 Tires rr=t DISC (14") and Rear Drum Stakes SAS")" lar C rr Pass Advanced Front airbag (am) LX & Fr Pass Side re cuz+Ain Airbags Traction Ccntrci (TaAC) ABS W/plea axalae Force Dist & Rr$ Assist 3 PaixAt Seatbelts W/ArAv=a pats 11e1tr side-zMgact Door Ream¢ Rr-Scat Child Reetraiut 9YO (CPS) Lower Anchors and TOD Tether SYacket8 (LAmes) Direct Tire Pressure .bait oriaQ System ExTRRxOR Multi-RaZlectr Rslogn Ante-Of! Headlanpr M141 Cir-Rayd Purr .Reated Outside 1Sirraro Ghrcma-Type Finiab om From Grille Rear. 5p:tilsr CMWORT AND COHVSlOIWcg Auto C21mata Cont=l m/Air riltration MOM CD with 6 SNOW E Push Button Start Remote Keyless Entry. Mgina lembiliaor Cruise Control 14quid-Crystal Mniti-=Xo Dupla.► Paaul W/Energy Monitor, Fuel COAOV pti.oa, 114 j1dealer..oyotacomNehicleSystem/NewNehiclelnventoryNehiC'6'nventoryDetail.asp... 2/9/2007 AUG-03-2007 FRI 10:30 AM; FAX M0. 80GA�� � ,3388 P. 01 "Tnvcnzory Detail Pagd 2 of z climate Control, 0/9 TeM & Audio Status Tilt Steer Wheal vlcliaaate & Audio Cntrl 60/40 Split sold-Pl,At Rear Shat Vtsriable V=r, & Inteanittent Rr tepor6 HaavY-fluty Rr Window Defogger w/'Pilger Pwr Door Locks & Wndwy m/= Attto Ob/Down cAtr console & Dual-ccs=zttarlt Glome Hcx 2 Auxiliary 12V power outlets Cargo Tonneau cover & Undr-rloor Storaqu Overhead console with Map nights fabric clot7x Seats vehicle Ease M0c4g1 .... ........... Retmii Total...........:$ 22175.00 S 2217.5.00 50 State Emissions Package R2 Iacludaq; Vehicle Stability 1175.00 Centrcli Backup Cameray S=t Xey SysteMt AM/Flt Cn m/6 Spaakers, AUX Audio Input Miaipleg, and Mp3jWgA playback Capability , Total Acceseorfee Charge S 1175.00 ' - ~ ���/y ' 1175.00 Destination e ... .... ..8.111.............. TDA ............. 1..,_....w........_•-8888.. . Gasoline Dealer noidback ...88........................... whal. Irimancial Reserve Total .. .. '••'••1= s 23970.00 Residual value 24. 36 49 6a STD 14,320 12,548 10,03;1 +7,149 LOW 12,990 10,476 7,593 t 01 hu p;//dealer.toyola.comNehicteSysUnVNL.wlVdsiciclnventoryNel)i clebiventdryAcWl.asP... 2/9/2007 Dealer Number 5011 Cr----t Number R.O.S.Number Stoclt Number PENDING Buyer(and CoaBuyer)Name and Address�....,uding Courtly amd7Jp Cada) Crodltor••SPllar'¢�eme and'Atldreaa, CITY OF SAN LUIS OBISPO TOYOTA SAN LUIS"GMSPO 12380 LOS OSOS VALLEY HD SAN LUIS OBISPO, GA 93405-7201 You,the Buyer(end Go-Buyer,If any),may buy the vehicle below for cash or on credk By signing this contract,you choose m buy the vehicle on credit under the agreements do the from end haclr It"this contract.You agroe to pay the Creditor-Seller(sometimes"we'or"us'in this canbact)the Amount Financed and Finance Charge according tote payment schedule below.We will figure your finance charge an a dally basis.The Truth•Ina.snding Disclosures below are pan of this contract. New Melte Used Year And Model Odometer Vehicle Identification Number Primary Use For WhiCh Purchased ' 'Q'peroonnf:lamllyorliousehCld ' NEW S$6udhheaearm mmwdel FEDERAL TRUTH-IN-LENDING DISCLOSURES STATEMENT OF INSURANCE ANNUAL. Totactf Tbtbl'Saw. ' NOTICE No person Is�raegqrhm a a condition of rmendng PERCENTAGE CWIRGE . .Flnagtxd Paymmas Pdae mepumfiesa olamoar�eMdato.pumase«nagmimo my RATE 'The dollar The.amouneof The amount you The:total'cast of. insuarcammgrhapmtirrd to bureanya m muagam or The cost of amount the �t provided will have paid after your purchase dr. hrokecYm are tot required m oN ern etlwr Insurance m yaw soda as cath Will to you or you have made all CfedlU Including obtain«eda.Yaardedaimhto buyarmo buy other insurance e wM not be a lama In fie moa approval process. a yearly rate. coat you. on your IhchaH. payments as your down scheduled. "'Thf/I Vehicle Insurance 0.00 % S 0.0� $ 2sr 011.s7 $ 25.011. r 1 S nshm N/A pea CorM.FreSThaP T res Serm �A e (o)means an estimate S N/A Dad.White _Nat.$ N/A YOUR PAYLENTSCHEDULEWILL BE Body Opry $ N/A Lhft —Mn$ 9/1 Number of Pio:nmew Arn"of Payrrama: When Peymmtl An Due: N/' P IJ A _uoL S BTA One m N/A � $.� Nedcal N/A _Los,gN!A One Palmas of N/A _No.S N/A m N/A Monthly 13 -VdNniMalVehtwInsurance Plemiums $--a ONEPaynwnm . Mmmry,BopinMn 6711171UNLESS A CHARGE IS INCLUDED IN THIS AGfEENENT FOR Ona Final M N/A - R=LIAB.UTY OR PROPERTY DAMAGEINSIIRAN�CE MM NT Lae rhga y,ptgmurmbrotraceNedmh6v&Nr,10•dry9aPaUNdnya+ail payalem dimgaMsSarawpanoltha�nent MIS hal. �SUCHCWERAGEtSWTPVMED 9YTHIS ffNENT PpyroaU.Ifycu pay OR9youdebt esly you my becharged aMommm anN¢edarga Ydu may than physmN ceroepie whit a ce"blle to to oc Semirymerol.YauamgNtpasecu"InexaamthavaMda a alnpp�r��. (saBotnain ad ym;dloow whogga6padamdc.mu AtNNomi IMomellon:See sys mane far mora IMartsam Indumnp h ahem nmpaymm4 tlefaR, dry rrglsrm ere rotregmrad' aryotlrcrhuurmrsmrewnmeda. repo♦mwNinAdlhelmamesdiedieddeN.midmanru®medimpasedseoalhimereat. "...., . _ ... .. Buyer x ITEMMATION OFTHE AMOUNT FINANCED(Sefler may kelp pal of the mrsuript paid to clinical % t. Total Cash Plies Seiler A.Cash Prim of Motor Vahids and Acoasoriss g 22,07- A) a m!inarara o dwdM been po')dan or Is ma fnm va 1.Cash Prim Vatecle $ 2-2,93-7,87 nAlrte0i1N1all0a ttrta We ducitelM oma Vdcscmsa 2.Cash Prim Acrossones $ N/A Application IDr Optional Credit Insurance 3.Olhar(Nmrtmade) _ ❑crado Lha- ❑Buyer ❑Co-Buyar ❑Both Describe g N/A ❑Credit Mobilly(Bui Only) Dowse $ N/A Tam Ehy.. _-PhmJ=I B. Command Prepastron Fee(not a guwarmmmtel tee) $ 55.00 (B) Credit Lila kkas._$ WA C.Smog Fee Paid to Seam S N/A (C) Crodh Disability N/yam_$ &/A D. (OptIMTheft DesmmDevice(in whom pWM $ NIA (0) Total Credit Insurance Premlumo...S N/A.lot E (Opllonal)Thell Detam i Daft(W whom paid( S N/A (E) Insurance ComparryName. F. (0ptlaurN Sure Prnmmm Prrmm(m whom pall)_$ N/A (p) G.(WrIall Surhce Pmmdtlml Product pe whom pad $ N/A (G) Home"Office,Adrpass H.Sales Taxon arable Name In A through 0) $ 7AI ctq (H) I. Colonel DMV Electronic Filing Fee $ NAA (O Croda Iib Insurance and mvdll dicabaltymlynsurance are not otbuycrealt J. (Opeanal)Some Contract(to whom paid) $ a i• (JI bead ONE dhabhity,assuranto catch arsiffiLybur ce will n t f l aslactor i n' UK K (OpSonal)SaMce GOmrem(to whom paid) S VU x (In aemt appmatprocess.They war no:be provided unless you L (OpW*Smvma Comrsm(to whom paid) $ a A (U Sign amagma to pay the extra ton Chaim Ill?hlwanm Is baecd my=odgnalrmerwM scha&e.Thie leeearce tory NL Prior CNda or Lanae Balamas paid by Beret to nalpaYW YDuaw enddddIs mead If yeu make atrpapmms. Cra9(dmahaltby Insmenwdram ml mvererry hmrease n yyom«r $ N/A paymw orlat fn:tnmreN 0MIS IDT- i" (sea downp-4mwnt and wdo-in calculation) Insurance end earn dgrJY�a ends an the mlpWl N. (Optimal)Gap Causal(s wham rraldl $ N/A (N) lam dam std®«plymax unless a ehferam arm for ma o. (optawglkatlVmstlaCmtmaCa mlmaan�bonADmameu$�A (0) You are applying for the=0 insurance marked P. Other(to whom Pelt) N/ $— (P) above.Your Signature below means fhat you agree For N/A that(1)You aie not ekolbl ye for inarrance''you have ToW Ceefi Priv(A through P) $ "...'..--- (1) reached your fiff b' .(2)YOU are eligible for - 4,7z4-Q d sabil, nlsdranco only Ryouarawoddngkr xaBea z Amounts Paidac Publa Officials ar pLoflt SO hours a week or e on Bre Ehec6v+a A uwrceFGM ESTIMATED S 2211.00(A) Date ) Ocy the Pi Buyer is�aC�ble for a Reg made rtreneadTmmp Fees $ NCL (B) disaDil Insurartoe.DISItB NSU FRE MAY NOT - R'CONDRIONSRAWHICHYOUHAVE C. Californianre tees S 8.75 (0r SEEN'A DOCTOR"OR CHIROPRACTOR IN THE D. Other $ N/A (D) LAST 6 TAONTHS'Tefor to'Total Disabfft&Not Total OmeW Fara(A through D) $ z'6' 'y`2) Coy nele in WBRI f0 ' your tl1e�Cedt insurance. for 1S), 3. Amount PAN to Insurance Compania Fav nil aolmma�b _ $ ). . rrr� cont++r+wpw6isaiY+:u.rrrr---.�:�..-- M. S 2-%011_V(5) 5. SubmW(1 through a) DO Co4Buy ar Signature Ape L Total Dorrrpnyn mt A. APed7tadadn Valva Yr_MIA Make N/A $ N/HA) .OPTIONAL GAP CONMACT A�p Contract(dab!csncaaa• 1W1 eon Is root rogJnad m 0MaIn DIM atm rna not 1>B Madel MIA Odom MIA pr vkbdi unless you a�Nnn below and Woo 20 pay the Balm VIN N/A ekmge.Hyou eAamPmSup'aguo NtliaCLIhg ChargGlsehW .. N/1(B) In Itmn 1N.Sao your gap Cch=lor details on the Prateotim B. Lane Pew CredAerLea"Boulnce ESTIMATED S it Province.itisaPan maeswmrael. G NotTrade.m(A was 5)(esfiade H e neOlve number) $ N/NC) Term N/A Mos N/A $ �) $ Hj� el) Nanta Geo Contact E Manutectureec O Detrained Dd^e^t H/ You warn m buy a gap Contrast. ra Ra6ete � F. Oder, $ NjpF) Buyer G Cash $ H/A.(G) OP710tNUL SERVICE CONTRACT(S) You want m Total r(C through a) $,.NIA (0 pumhasa the service coMmm(s)adder with the following negaftecmr mean trod add eatrmeaaavtlass amizac ee a posaw mann,an One 1Naeae) cumpang(les)forma tamrfs)sham Delowforthe,Charge(s) 7.Amount Pr onced(5 less IS S 25,011.57 M shown in dem 141 K,ardor 1L atom. 1J Company. 101 Tenn Mr&H Miles egrrnAme IpREDtrPFJ�CE�ltdfrxdlt.TIEL01ALAfm AUTO'BROI�HHFEE DISCLOSURE IK Co 9aIL�dBkWA1IDR'ALdEaffiAU,YBIf,PA SSS 7FlB 11 fift conQad retlecin,the retail.Bele Of a Tarin M�/Ar Mum namsmuexrsal�cdmaaDmELm. nears motor veblde,the Sate Is not SUb)ed . to Bien received Ay an s utdbrokar them us IL CMP Proceeds of Loan Fropr H/A MnfaSs the t0ltdpelng bran IS checked: Term Moa.or Maes AmoumS N/A FrrarceCtmrgas.. !L . - .parse of aatgbroker receiving fee, If BuYmX Tams N/A'� "lain 'H/A apprMble: HOME THIS CON IAACT CAN BE CHANGED.This installments 01 It I LTR_ .S '_ N/AContract Contains the entire agreement between you tmmiMs teen Is ohm In Tam SD. _ _ _ and ue relating to this Contract.Any Change to the SELLERS Co-SW CANCEL auger and Co-asign here,the pmaielons of the Seam's Right m Cancel 9801101 on Cbnrsi must ho writing and Greta you and we the tack giving me Sollorta fight m Cancel H Seifert;unable m assign the=in=to alinencial institution wan apply moat�R.tJO orall rlianges are binding. x Buyer Signs x Buyer •Hoyer Coe rSl InsX OPTXft 0 You.pay no finance Charge 1018 Amount l9ranced,item 7,Is meld In fun on or.before Year SELLERS INITIALS THE U=M fr MW LIMM NMRANCE LIMITS PROWDEO IN LAW MUSTBE JET By EVERY.PERSON WHO PURCHASES A VEHICLE:IF YOU ARE UNSURE WHETHER OR NCTMLMCUMWMMWXEPOUCTWILLMMYOURNEKYACUREDVEHICLEINTHEEMff OFANACCMYOUSKOUI)CORTACTYOURIRSUHANCEABENT. WARNING: YOUR PRESENT POLICY.NAY NOT COVER COLLISION DAMAGE OR NAY.Her PROVIDE FOR FULL.REPLACEMENT C09M FOR THE VEHICLE SM PURCHASED.IF YOU DO NOT HAVE FURL COVERAGE SUFPIEMFMAL COVERAGE FOR COLLISION.DAMAGE MAY BE AVAILABLE TO YOU THROUGH YOUR INSURANCE AGENT OR THROUGH THE SELLING DEALER.HOWEVER UNLESS OTHERWISE SPECIFfED.THE COVERAGE YOU OBTAIN THROUGH THE DEALER PROTECTS ONLY THE DEALER,USUALLY UP TO THE AAMUNT OF THE URkE BALAW REMAMINGAFTERTHEVEHICLEAAS BEEN REPOSSESSED AND SOLD. FOR ADVICE ON FULL COVERAGETHATWILLPROTECT.YOU INTHE EVENT OF LOSBOR OAMAGETO YOUR VEHICLE,YOU SHOULD CONTACrYOUR INSURANCE AGENT. THE BUYER SHALL SIGNTO ACEDIVIR D<GETHAT HESIiE UDEIWANDSTHESE PUBLIC UABRIT/TERMS AND CONDITIONS. SIS R X Re BgrlsofBuyer:SeymhastefiedOnthebutandamwaeydfheltdoma�erprovidedaYYoumrnnnedonwNhthe7rddalnVBhfde.You remeserdthatyou have Dp��vyagm�a true peyrdf amounton the veti de trade lln.If the��vvooRR amount is more than this amount shdlvn above In hem 6B as"Prior Credit or Lease BalarKa~"you must paY S fl rthee'O on demand.Itthe payorGimOUmtsless4taitheam usitshownaboveinitem6Eas"oferCredoorLeaseBalance,"Sellmxdhrefundthedifferencetoyou. Buyer X Ca•BYyer 1 .. Noticeto r:(1),DD not slgnthfs agreement befine you read N or R R Contalr s any blank spaces to be filted.ln.(�Yoa ere ertdlter!ed e mmPltdelg Nlied In copy allro reammtr(M) "c rrf ayfAefultamoantduo und�thisagreement atmrvtlme(4)IfyoudefauhinthaperfdrmencsofymGgbllgaUom underdose hd,theveht9e hE saam dad umaybe SMIDIsttosuitand6ab11 fmfhe IdindeEtedhresseAlaneedbythisaginim m Contoahvits unCONtrgtalesueyouthmtlormtmocsitynrainoromeet: . .. emmemingtmfah eras,d1aro0fproml�9 er mmhad aY dm Boma rrmy tat rehrted m that city eltamey,ore dtetrlot elaomey,m M Investigator 101 ora Oeparderd Afany combrinallmo Atfa Bos Motor�m m sighted,ma 9810.7 rimy not ehanga me firatoing m peyman tams unions you Agma m willing m the Charge,You do not have to agree to am clump, ora h m en uMmr a pmgla fm tf»aHla m make a untlemrtl cheriga Burfo r Signature X . . Signature X The Annual Percentage Rate may be negotiable with the Seller.The Seller may assign thiS contract and retain its right to receive a part of the Finance Charge. THERE IS NO COOLING-OFF PERIOD IiMM YOU.08TAIN A CONTRACT CANCELLATION OMON YOU AGREE To THE TERMS OF THIS uffaffie In does rod pmuBe far a'raotepafr orodlm OVUS M pain for ablda rola TlMMIgni,yo cement itla cancef fhb CONTRACT._YOU CONFIRM THAT BEFORE cmdNatinnoyou 6%your mind,daft hSwhkialimaemich,ormahyou had eraWrrdadfigi IdIdr.Aftaryu YOU SIGNED THIS CONTRACT,WE GAVE slgn�B,yonlllayaldytarca aTRHIaRhh9m oHINsdlRmlmfagelatoroeudlas(reudHosaarcentamlalskdeas ITTOYOU,AND YOU WERE FREETOTAKE mphggsdlertoftl2440fftd lbm illialtap DUEdydlldatNHtap tMprceaiksAhbn$Po,0 SOblWtgtadin Ft AND REVIEW rr.YOU COMM THAT ft"oordiflonThoNgdjt gmoWhIcItmWm mldmCtlffmnb Sedon�etlevandk t op6mlg memeMtor YOU RECENEDAC0bmrr.LYFRLEDdN COPY WHEN YOU SIGNED R Buyer Signature X Date e�uyer Signature X Date 8�06r2B07 Coauyem and Other Owners—A cMuysr Is a person who is reapanmbla for paying yin entire dsbL An other anter is a pawn whose name is on 019 tlae to the valado but does no:have to pay the deaoLThs other owner agrees to tie aoevtoy,Interest lathe vehicte given to us in this contract. othorownersometurax N/A Addrva H/A OMMMMMMIM :fi IMuw ue m pII the wh m ea9,p n who a�pna as a Grer�for ItaawdtttlN OaAmntAAa me�YmerA of Mas mrmad.If Buyer L each Glamfiet mist�V a rhes etl.EBm 3�iaarlMrt3 wN be Iega tar ma nal annum CaMg ever H oma parwm a'm agn m Gumoma,sCm remand' for mlmbumamorrr.6ch Guammaegmaa m he IIaGa even II we do ons m more of the tmlPwinW(1) me Bupm�mone a bll�a paMal re'ease m a OAaGtmreMor:(31 any snartlty;(a) leen item me auger Van me mtN aoaing�of(5)cOmr¢a a atOaM am corNaot Eedr GuamMmaalmowl rxalptof a mmpbteE copy al els Collbedt alld WM21ny at ar aloe al elOranD_ ^_ Scoomeradvac nonce of amentilmoolft Guarardy,nonce ofthe Buyah n0lpaymra Mn•padanatrs,and llmaa;and nmkacarar amonimovdng atanyanr,and of anydemands upon the Buyer, N/A C� CJ