|
|
Post by tinkusr8215 on Aug 2, 2018 18:32:44 GMT -5
Wonder what were leased that cost $540 per month? typical corporate - Its not our $$$
2018 Toyota RAV4
Lease Deal: $169 per month for 36 months with $2,999 due at signing
2018 Nissan Rogue Sport
Lease Deal: $199 per month for 36 months with $2,199 due at signing
2018 Ford Fusion
Lease Deal: $139 per month for 24 months with $2,299 due at signing
|
|
|
|
Post by peppy on Aug 2, 2018 18:35:59 GMT -5
Wonder what were leased that cost $540 per month? typical corporate - Its not our $$$
2018 Toyota RAV4
Lease Deal: $169 per month for 36 months with $2,999 due at signing
2018 Nissan Rogue Sport
Lease Deal: $199 per month for 36 months with $2,199 due at signing
2018 Ford Fusion
Lease Deal: $139 per month for 24 months with $2,299 due at signing
link the page mister. link the page that shows 100 cars leased @ 54k a month. |
|
|
|
Post by tinkusr8215 on Aug 2, 2018 18:38:09 GMT -5
Wonder what were leased that cost $540 per month? typical corporate - Its not our $$$
2018 Toyota RAV4
Lease Deal: $169 per month for 36 months with $2,999 due at signing
2018 Nissan Rogue Sport
Lease Deal: $199 per month for 36 months with $2,199 due at signing
2018 Ford Fusion
Lease Deal: $139 per month for 24 months with $2,299 due at signing
link the page mister. link the page that shows 100 cars leased @ 54k a month. Take home exercise for you. |
|
|
|
Post by morgieporgie on Aug 2, 2018 18:48:26 GMT -5
Wonder what were leased that cost $540 per month? typical corporate - Its not our $$$
2018 Toyota RAV4
Lease Deal: $169 per month for 36 months with $2,999 due at signing
2018 Nissan Rogue Sport
Lease Deal: $199 per month for 36 months with $2,199 due at signing
2018 Ford Fusion
Lease Deal: $139 per month for 24 months with $2,299 due at signing
If true, horrible negotiations unless they're all driving Benzes around town. |
|
|
|
Post by awesomo on Aug 2, 2018 19:07:59 GMT -5
investors.mannkindcorp.com/static-files/af1d14e2-e1ea-45f4-8d72-b1578f4a3b17Page 25Vehicle Leases – The Company entered into a lease agreement with Enterprise for the lease of approximately 100 vehicles. The lease will require monthly payments of approximately $54,000 per month plus the cost of maintaining the vehicles. The leases will commence when the Company takes possession of the vehicles in May 2018. The leases expire 48 months after the delivery date.
|
|
|
|
Post by sportsrancho on Aug 2, 2018 19:13:57 GMT -5
Subaru legacy's😉
|
|
|
|
Post by tomtabb on Aug 2, 2018 19:14:10 GMT -5
Wonder what were leased that cost $540 per month? typical corporate - Its not our $$$
2018 Toyota RAV4
Lease Deal: $169 per month for 36 months with $2,999 due at signing
2018 Nissan Rogue Sport
Lease Deal: $199 per month for 36 months with $2,199 due at signing
2018 Ford Fusion
Lease Deal: $139 per month for 24 months with $2,299 due at signing
link the page mister. link the page that shows 100 cars leased @ 54k a month. The 10-Q: "Vehicle Leases – The Company entered into a lease agreement with Enterprise for the lease of approximately 100 vehicles. The lease requires monthly payments of approximately $54,000 per month plus the cost of maintaining the vehicles. The leases commenced when the Company took possession of the majority of the vehicles in the second quarter of 2018. The leases expire 48 months after the delivery date." I don't quite understand the next line, "On March 8, 2018 the Company entered into a standby letter of credit for a total of $0.5 million in connection with the Company’s sales force vehicle lease program. The letter of credit is collateralized by a restricted cash account in the amount of $0.5 million. There were no amounts drawn down on this letter of credit as of June 30, 2018." Why would they do that? |
|
|
|
Post by peppy on Aug 2, 2018 19:36:09 GMT -5
investors.mannkindcorp.com/static-files/af1d14e2-e1ea-45f4-8d72-b1578f4a3b17Page 25Vehicle Leases – The Company entered into a lease agreement with Enterprise for the lease of approximately 100 vehicles. The lease will require monthly payments of approximately $54,000 per month plus the cost of maintaining the vehicles. The leases will commence when the Company takes possession of the vehicles in May 2018. The leases expire 48 months after the delivery date. thank you awesome. you are awesome. |
|
|
|
Post by tinkusr8215 on Aug 2, 2018 21:17:02 GMT -5
Since We dont have any details on the entire lease structure - May be I have spoken out of context. Mods - Please close this thread into bin.
Thank you
|
|
|
|
Post by bones1026 on Aug 2, 2018 21:38:00 GMT -5
Since We dont have any details on the entire lease structure - May be I have spoken out of context. Mods - Please close this thread into bin. Thank you Appreciate the condescending call out.... |
|
|
|
Post by mnholdem on Aug 2, 2018 21:39:15 GMT -5
This topic is taken up on another thread, including the subject of high-mileage surcharges that are typical in fleet leases. The point made by the OP is that MannKind has a lease for a fleet of vehicles at $540/month per vehicle for the sales force.
|
|
