SUMMARY OF RESULTS


Capitalized Cost

Price of vehicle
Destination charge
Dealer prep
Acquisition fee
Gap insurance fee
Prepaid excess miles
------------
Gross capitalized cost
.
Trade-in allowance
Factory rebate
Cash downpayment
------------
Net capitalized cost


Cash Due At Signing

Cash downpayment
Security deposit
License and registration fees
First lease payment
------------
Total cash due at signing
(excluding sales & use tax)


Monthly Payment Amount

(excluding sales & use tax)


Nominal Lease Rate

Net capitalized cost
Base monthly payments
Residual Value
.
IRR


Effect Of Fees And Expenses

Net capitalized cost
Acquisition fee
Security deposit
Gap insurance fee
Prepaid excess miles
------------
Net funds provided by lease
.
Base monthly payment
Administrative fee
------------
Payment incl. fees
.
Residual value
Disposition fee
Security deposit return
------------
Residual incl. fees
.
Internal rate of return:
Beginning amount
Base monthly payments
Ending amount
.
IRR
Nominal lease rate
------------
Difference


Note: All IRR (internal rate of return) calculations are expressed as an annualized rate, and are based on the assumption that all payments are made at the beginning of each monthly period.