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Year 0 Year 1 Year 2 Year 3 Year 4
Lease Program (13,166,400) (13,012,800) (12,916,800) (12,916,800)
Trek Certified Used
(from Lease) - - 15,552,000 20,736,000
Trek Care 3,588,300 10,366,200 16,745,400 23,124,600
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Trek Certified Used
2,400,000 2,400,000 2,400,000 2,400,000
Trek Finance (6,482,438) 31,695,563 67,227,563 100,113,563

Investment/Develop Cost (23,000,000) (12,364,884) (12,268,276) (15,831,076) (19,119,676)

Cumulative Profits $ (23,000,000) $ (26,025,421) $ 19,180,686 $ 73,177,086 $ 114,337,686

NPV $76,418,124.31

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(23,041,200) (22,772,400) (22,604,400) (22,604,400)
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Trek Certified Used
(from Lease) - - 27,216,000 36,288,000
Trek Care &YQFDUFE/FU1SFTFOU7BMVF
5,532,300 15,982,200 25,817,400 35,652,600
Trek Certified Used rNJMMJPO
2,400,000 2,400,000 2,400,000 2,400,000
Trek Finance (9,260,625) 45,279,375 96,039,375 143,019,375

Investment/Develop Cost (23,000,000) (13,630,183) (12,650,698) (17,743,498) (22,441,498)

Cumulative Profits $ (23,000,000) $ (37,999,708) $ 28,238,478 $ 111,124,878 $ 172,314,078

NPV $121,742,018.88

Year 0 Year 1 Year 2 Year 3 Year 4
Lease Program (32,916,000) (32,532,000) (32,292,000) (32,292,000)
Trek Certified Used
(from Lease) - - 38,880,000 51,840,000
Trek Care 7,476,300 21,598,200 34,889,400 48,180,600
Trek Certified Used
2,400,000 2,400,000 2,400,000 2,400,000
Trek Finance (12,038,813) 58,863,188 124,851,188 185,925,188
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Investment/Develop Cost (23,000,000) (14,895,481) (13,033,119) (19,655,919) (25,763,319)
Trek Care 3,588,300 10,366,200 16,745,400 23,124,600
Trek Certified Used
2,400,000 2,400,000 2,400,000 2,400,000
Trek Finance (6,482,438) 31,695,563 67,227,563 100,113,563
&INANCIAL!NALYSIS
Investment/Develop Cost (23,000,000) (12,364,884) (12,268,276) (15,831,076) (19,119,676)

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Year 0 Year 1 Year 2 Year 3 Year 4
Lease Program (13,166,400) (13,012,800) (12,916,800) (12,916,800)
Cumulative Profits $ (23,000,000) $ (26,025,421) $ 19,180,686 $ 73,177,086 $ 114,337,686
Trek Certified Used
(from Lease) - - 15,552,000 20,736,000
NPV
Trek Care 3,588,300 10,366,200 16,745,400 $76,418,124.31
23,124,600
Trek Certified Used
i`ˆÕ“ÊVVi«Ì>˜ViÊ,>Ìi
Trek Finance
2,400,000
(6,482,438)
2,400,000
31,695,563
2,400,000
67,227,563
2,400,000
100,113,563
Year 0 Year 1 Year 2 Year 3 Year 4
Lease Program
Investment/Develop Cost (23,000,000) (23,041,200)
(12,364,884) (22,772,400)
(12,268,276) (22,604,400)
(15,831,076) (22,604,400)
(19,119,676)
Trek Certified Used
(from LeaseProfits
Cumulative ) $ (23,000,000) $ - $
(26,025,421) 19,180,686- $ 27,216,000 $
73,177,086 36,288,000
114,337,686
Trek Care 5,532,300 15,982,200 25,817,400 35,652,600
Trek Certified Used
NPV $76,418,124.31
2,400,000 2,400,000 2,400,000 2,400,000
Trek Finance (9,260,625) 45,279,375 96,039,375 143,019,375

Investment/Develop Cost (23,000,000) (13,630,183) (12,650,698) (17,743,498) (22,441,498)
Year 0 Year 1 Year 2 Year 3 Year 4
Lease Program (23,041,200) (22,772,400) (22,604,400) (22,604,400)
Cumulative Profits $ (23,000,000) $ (37,999,708) $ 28,238,478 $ 111,124,878 $ 172,314,078
Trek Certified Used
(from Lease) - - 27,216,000 36,288,000
NPV
Trek Care 5,532,300 15,982,200 25,817,400 $121,742,018.88
35,652,600
Trek Certified Used
"DDFQUBODFGPSêOBODJOHBOEMFBTJOH ,FZ7BSJBCMFT
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Trek Finance
CJLFTJTSFMBUJWFMZXJEFTQSFBEBOE (9,260,625) 45,279,375
r1FSDFOUBHFPGCJLFTêOBODFE 96,039,375 143,019,375

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Investment/Develop Cost (23,000,000) r1FSDFOUBHFPGCJLFTMFBTFE
(13,630,183) (12,650,698) (17,743,498) (22,441,498)
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Year 0 Year 1 Year 2 Year 3 Year 4
Lease Program
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(23,000,000) $&YQFDUFE/FU1SFTFOU7BMVF
(37,999,708) $ (32,532,000)
28,238,478 $ (32,292,000) $
111,124,878 (32,292,000)
172,314,078
Trek Certified Used
(from Lease)
NPV rNJMMJPO - - 38,880,000 51,840,000
$121,742,018.88
Trek Care 7,476,300 21,598,200 34,889,400 48,180,600
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Trek Certified Used
2,400,000 2,400,000 2,400,000 2,400,000
Trek Finance (12,038,813) 58,863,188 124,851,188 185,925,188
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Investment/Develop Cost (23,000,000) (14,895,481) (13,033,119) (19,655,919) (25,763,319)
Year 0 Year 1 Year 2 Year 3 Year 4
Lease Program (32,916,000) (32,532,000) (32,292,000) (32,292,000)
Cumulative Profits $ (23,000,000) $ (49,973,994) $ 37,296,269 $ 149,072,669 $ 230,290,469
Trek Certified Used
(from Lease) - - 38,880,000 51,840,000
NPV
Trek Care 7,476,300 21,598,200 34,889,400 $167,065,913.45
48,180,600
Trek Certified Used
2,400,000 2,400,000 2,400,000 2,400,000
Trek Finance (12,038,813) 58,863,188 124,851,188 185,925,188

Investment/Develop Cost (23,000,000) (14,895,481) (13,033,119) (19,655,919) (25,763,319)

Cumulative Profits $ (23,000,000) $ (49,973,994) $ 37,296,269 $ 149,072,669 $ 230,290,469

NPV $167,065,913.45

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Year 0 Year 1 Year 2 Year 3 Year 4
Single store Trek sales growth($) 6,731 6,731 6,731 6,731
Net per store sales growth (w/
cannibalization, 60%) 2,692 2,692 2,692 2,692
Net per store sales growth (%) 0.50% 0.50% 0.50% 0.50%
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% of stores w/ Confidence 20% 30% 40% 50%
Total IBD Trek sales growth (from
base year) 1,884,617 2,826,926 3,769,234 4,711,543
Growth in sales to Trek 942,308.5 1,413,462.8 1,884,617.0 2,355,771.3

Investment/Develop Costs (500,000) (800,000) (450,000) (475,000) (500,000)

Cumulative Profits $ (500,000) $ 142,309 $ 963,463 $ 1,409,617 $ 1,855,771

NPV $ 538,210

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Year 0 Year 1 Year 2 Year 3 Year 4
Single store Trek sales growth($) 13,462 13,462 13,462 13,462
Net per store sales growth (w/
cannibalization, 60%) 5,385 5,385 5,385 5,385
Net per store sales growth (%) 1.00% 1.00% 1.00% 1.00%
% of stores w/ Confidence 20% 30% 40% 50%
Total IBD Trek sales growth (from
base year) 3,769,234 5,653,851 7,538,468 9,423,085
Growth in sales to Trek 1,884,617.0 2,826,925.5 3,769,234.0 4,711,542.5

Investment/Develop Costs (500,000) (800,000) (450,000) (475,000) (500,000)

Cumulative Profits $ (500,000) $ 1,084,617 $ 2,376,926 $ 3,294,234 $ 4,211,543

NPV $ 2,058,312

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Year 0 Year 1 Year 2 Year 3 Year 4
Single store Trek sales growth($) 20,192 20,192 20,192 20,192
Net per store sales growth (w/
cannibalization, 60%) 8,077 8,077 8,077 8,077
Net per store sales growth (%) 1.50% 1.50% 1.50% 1.50%
% of stores w/ Confidence 20% 30% 40% 50%
Total IBD Trek sales growth (from
base year) 5,728,800 8,593,200 11,457,600 14,322,000
Growth in sales to Trek 2,864,400.0 4,296,600.0 5,728,800.0 7,161,000.0

Investment/Develop Costs (500,000) (800,000) (450,000) (475,000) (500,000)

Cumulative Profits $ (500,000) $ 2,064,400 $ 3,846,600 $ 5,253,800 $ 6,661,000

NPV $ 3,638,867

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