Which of the following details must be included in the written statement provided to the lessee?

The inclusion of the make and model of the vehicle in the written statement provided to the lessee is essential because it ensures that the lessee has clear and specific information about the vehicle they are leasing. This detail is crucial for identifying the exact vehicle involved in the lease agreement, helping to avoid any misunderstandings or disputes about the vehicle being referenced.

Having this information also supports transparency in the transaction. It allows the lessee to make informed decisions regarding their lease and to understand exactly what they are committing to. The make and model are fundamental characteristics of the vehicle that are critical for both the lessee’s and lessor’s records, ensuring that all parties are aligned on the details of the agreement.

Other details such as the buyer's financial situation, sale date, and dealership profits are not necessary for the lessee to be aware of in the context of a written statement regarding the lease, as they pertain more to the dealer's or seller's internal considerations rather than the specific terms of the leasing agreement.