Delivery trucks (4) Sample Modified
Vehicles, leased from Desert Fleet Leasing. Commenced Mar 1, 2025, ends Mar 1, 2030.
- Term
- 48 months, paid in arrears
- Discount rate
- 7.00%
- Liability at commencement
- 100,224.48
- ROU at commencement
- 100,224.48
- Straight-line cost
- 2,400.00 per period
| Input | Value | Source |
|---|---|---|
| Lease name | Delivery trucks (4) | Sample data |
| Lessor | Desert Fleet Leasing | Sample data |
| Asset type | Vehicles | Sample data |
| Commencement date | Mar 1, 2025 | Sample data |
| Payment frequency | Monthly | Sample data |
| Payment timing | In arrears (end of each period) | Sample data |
| Lease term, in payment periods | 48 | Sample data |
| First payment, before escalations | 2,400.00 | Sample data |
| Escalation | None | Sample data |
| Escalation amount | – | Sample data |
| Escalates every N periods | 0 | Sample data |
| Free-rent periods at the start | 0 | Sample data |
| Lease component share of each payment | 100% | Sample data |
| Discount rate, annual | 7% | Sample data |
| Payments made before commencement | – | Sample data |
| Initial direct costs | – | Sample data |
| Incentives received | – | Sample data |
| Residual value guarantee, amount probable | – | Sample data |
| Ownership transfers at the end? | No | Sample data |
| Purchase option reasonably certain? | No | Sample data |
| Purchase option price | – | Sample data |
| Specialized asset with no other use? | No | Sample data |
| Remaining economic life, in payment periods | 96 | Sample data |
| Commencement near the end of the asset's life? | No | Sample data |
| Fair value of the asset | 160,000.00 | Sample data |
| Policy: major part of economic life | 75% | Sample data |
| Policy: substantially all of fair value | 90% | Sample data |
These are the inputs at commencement. Later changes are listed under History.