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| AGVS LEASING PROGRAM |
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- Limits Capital Expenditures.
- Includes AGV Spare Parts for the Five Year Term*
- Includes One Year Semi-Annual Preventative Maintenance Contract**
- Preferred Customer Labor Rates.
- Priority Turnaround on Part Repairs and Service Response
- Option to Renew Lease Upon Expiration of Initial Term & Upgrade to New Vehicles
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 More Detail |
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Odyssey Lease Example :
| Average Price per Vehicle:* |
$154,000 |
| Average # Vehicles / System* |
5 |
| Lease Term: |
60 Months |
| Est. Monthly Lease Payments |
$16,083 / mo |
| Est. Hourly Rate / AGV |
$6.70 |
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| (Monthly payment/ # of Vehicles (5) / # of working hours in month
(24/5 = 480 hrs month) |
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| * - MHIA 2003 Industry Data |
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Security Deposit: Equal to Two Months of Payments
(Example: $32,166.00)
After Lease Term Options:
- Buy AGVs for Fair Market Value
- Return AGV System
- Replace AGVs with new Vehicles and Renew Lease
Est. Monthly Lease Payment = $14,555
Est. Hourly Rate per AGV (Years 5-10) = $6.06 per Hour |
| *AGV Products will provide replacement spare parts for items needing replacement due to normal wear
and tear and does not cover parts that were damaged due to misuse or abuse. |
| ** The lease plan includes a one-year, semi-annual PM Contract. PM Service trips will be provided at
approximately six (6) months and one (1) year after the date of system acceptance. These service trips include only
those items covered under the PM Maintenance section of the service manual. If maintenance is required over and above
this level, AGV Products will perform the work at our discounted labor rates provided with the Lease Agreement. |
