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Page 5 of 5 Number of Owners: 2010 PORSCHE PANAMERA S/4S VIN: WP0AB2A73AL063101 Body Style: SEDAN 4 DR Engine Size: 4.8L V8 FI DOHC 32V Last owned in the following state/province: Annual average mileage: *Below industry annual average of 15,000 miles 8,103 None of these major title problems were reported by a state Department of Motor Vehicles: Salvage, Junk, Rebuilt, Fire, Flood, Hail, Lemon Not Actual Mileage, Exceeds Mechanical Limits Original Manufacturer's Warranty: Basic Warranty Active Please confirm remaining factory warranty and extended warranty options with your dealer! The original manufacturer's warranty includes: 48 months or 50,000 miles No issues reported to CARFAX on the following: Total Loss Structural Damage Courtesy of G.E.A.R.S. 370 Glynn St S Fayetteville, GA 30214 770-460-1300 www.gearsmotorsports.com Airbag Deployment Odometer Rollback Other Accidents / Damage Information excerpted from the CARFAX Vehicle History Report and/or Safety & Reliability Ratings; see full reports for additional information, glossary of terms, source attributions,disclaimers & limitations. Go to carfax.com for complete Buyback Guarantee terms and conditions.

Page 1 of 5 Vehicle Information: 2010 PORSCHE PANAMERA S/4S VIN: WP0AB2A73AL063101 SEDAN 4 DR 4.8L V8 FI DOHC 32V Standard Equipment Safety Options CARFAX Report Provided By: G.E.A.R.S. 370 Glynn St S Fayetteville, GA 30214 770-460-1300 www.gearsmotorsports.com No accident / damage reported to CARFAX CARFAX 1-Owner vehicle 11 Service records available Personal lease vehicle 26,199 Last reported odometer reading $490 Above retail book value This CARFAX Vehicle History Report is based only on information supplied to CARFAX and available as of 7/24/13 at 4:21:56 PM (EDT). Other information about this vehicle, including problems, may not have been reported to CARFAX. Use this report as one important tool, along with a vehicle inspection and test drive, to make a better decision about your next used car. Price Calculator Adjust the value of this 2010 Porsche Panamera S/4S based on the information available in this report 1) Retail Book Value 2) CARFAX Price Adjustment 3) Adjusted Retail Value $ 0 Enter retail book value here + $490 Above retail book value Begin by entering the retail book value Ownership History The number of owners is estimated Year purchased 2010 Type of owner Personal lease Estimated length of ownership 3 yrs. 2 mo. Owned in the following states/provinces Estimated miles driven per year 8,100/yr Last reported odometer reading 26,199

Page 2 of 5 Title History CARFAX guarantees the information in this section Salvage Junk Rebuilt Fire Flood Hail Lemon Not Actual Mileage Exceeds Mechanical Limits GUARANTEED - None of these major title problems were reported by a state Department of Motor Vehicles (DMV). If you find that any of these title problems were reported by a DMV and not included in this report, CARFAX will buy this vehicle back. Register View Terms View Certificate Additional History Not all accidents / issues are reported to CARFAX Total Loss No total loss reported to CARFAX. Structural Damage No structural damage reported to CARFAX. Airbag Deployment No airbag deployment reported to CARFAX. Odometer Check No indication of an odometer rollback. Accident / Damage No accidents or damage reported to CARFAX. Manufacturer Recall Check with an authorized Porsche dealer for any open recalls. Basic Warranty Original warranty estimated to have 8 months or 23,801 miles remaining. Indicated No Recalls Warranty Active Detailed History Glossary Purchased: 2010 Type: Personal lease Where: Est. miles/year: 8,100/yr Est. length owned: 3/1/10-5/24/13 (3 yrs. 2 mo.) Low mileage! This owner drove less than the industry average of 15,000 miles per year. Date: Mileage: Source: Comments: 01/25/2010 The Collection Vehicle offered for sale 02/26/2010 5 The Collection 03/01/2010 12 Lisle, IL 03/01/2010 03/19/2010 Lisle, IL Pre-delivery inspection completed Vehicle purchase reported Titled or registered as personal lease vehicle Title issued or updated First owner reported Titled or registered as personal lease vehicle

Page 3 of 5 Two states? Vehicle leasing companies often title a car in one state but register it to be driven in another. 01/25/2011 6,578 The Collection 02/08/2011 09/12/2011 12,265 The Collection 11/30/2011 14,891 The Collection 02/14/2012 16,401 The Collection 02/15/2012 04/05/2012 17,845 The Collection 07/27/2012 20,064 The Collection 12/04/2012 22,942 The Collection 01/15/2013 03/18/2013 24,985 The Collection 05/17/2013 26,194 The Collection Vehicle serviced Maintenance reminder reset Horn replaced Engine/powertrain computer/module checked Computer reprogrammed Charcoal/vapor canister replaced Engine/powertrain computer/module checked Oil and filter changed Four tires mounted and balanced Front brakes replaced Tires replaced 05/24/2013 26,199 Dealer Inventory Vehicle offered for sale 06/19/2013 The Collection Vehicle serviced

Page 4 of 5 06/30/2013 Dealer Inventory Vehicle offered for sale I'm here to help! Print and bring my SmartBuyer Checklist when you go to test drive this 2010 Porsche Panamera S/4S. Have Questions? Consumers, please visit our Help Center at www.carfax.com. Dealers or Subscribers, please visit our Help Center at www.carfaxonline.com. Glossary View Full Glossary CARFAX Price Adjustment Accidents, service records, number of owners and many other history factors can affect a vehicle's value. The CARFAX Price Adjustment is a tool that analyzes millions of used car transactions to measure how the combination of all the information reported to CARFAX affects the value of a particular vehicle. The vehicle's retail book value plus the CARFAX Price Adjustment will give you a more accurate measure of the vehicle's value. Use this tool, along with a vehicle inspection and test drive, to make a better decision about your next used car. First Owner When the first owner(s) obtains a title from a Department of Motor Vehicles as proof of ownership. Ownership History CARFAX defines an owner as an individual or business that possesses and uses a vehicle. Not all title transactions represent changes in ownership. To provide estimated number of owners, CARFAX proprietary technology analyzes all the events in a vehicle history. Estimated ownership is available for vehicles manufactured after 1994 and titled solely in the US including Puerto Rico. Dealers sometimes opt to take ownership of a vehicle and are required to in the following states: Maine, Massachusetts, New Jersey, Ohio, Oklahoma, Pennsylvania and South Dakota. Please consider this as you review a vehicle's estimated ownership history. Title Issued A state issues a title to provide a vehicle owner with proof of ownership. Each title has a unique number. Each title or registration record on a CARFAX report does not necessarily indicate a change in ownership. In Canada, a registration and bill of sale are used as proof of ownership. Follow Us: facebook.com/carfax @CarfaxReports CARFAX on Google+ CARFAX DEPENDS ON ITS SOURCES FOR THE ACCURACY AND RELIABILITY OF ITS INFORMATION. THEREFORE, NO RESPONSIBILITY IS ASSUMED BY CARFAX OR ITS AGENTS FOR ERRORS OR OMISSIONS IN THIS REPORT. CARFAX FURTHER EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. CARFAX 2013 CARFAX, Inc., an R.L. Polk & Co. company. All rights reserved. Covered by United States Patents Nos. 7,113,853; 7,505,838 and 7,596,512. 7/24/13 4:21:56 PM (EDT)