
Commitment	Annual Interest Rate at June 30, 2026
New vehicle floor plan	4.78%
Used vehicle floor plan	4.88%
Service loaner floor plan	4.88%
Revolving line of credit	4.93%


Commitment	Annual Interest Rate at June 30, 2026
Wholesale flooring facility	3.58%
Used vehicle flooring facility	3.68%
Daily rental facility	3.84%
Wholesale leasing facility	3.94%
Working capital revolving facility	3.89%


($ in millions)	Balance as of June 30, 2026	Initial Principal Amount	Issuance Date	Interest Rate Range	Final Distribution Date
LAD Auto Receivables Trust 2022-1 Class C	11.5	23.0	08/17/22	6.85% to 6.85%	Various dates through Apr 2030
LAD Auto Receivables Trust 2023-1 Class D	25.2	31.3	02/14/23	7.30% to 7.30%	Various dates through Jun 2030
LAD Auto Receivables Trust 2023-2 Class C-D	58.8	79.5	05/24/23	5.58% to 6.30%	Various dates through Feb 2031
LAD Auto Receivables Trust 2023-3 Class B-D	69.4	79.4	08/23/23	6.09% to 6.92%	Various dates through Dec 2030
LAD Auto Receivables Trust 2023-4 Class A-D	86.5	121.1	11/15/23	6.24% to 7.37%	Various dates through Apr 2031
LAD Auto Receivables Trust 2024-1 Class A-D	84.7	100.9	02/14/24	5.17% to 6.15%	Various dates through Jun 2031
LAD Auto Receivables Trust 2024-2 Class A-D	138.3	232.2	06/20/24	5.46% to 6.37%	Various dates through Oct 2031
LAD Auto Receivables Trust 2024-3 Class A-D	259.1	306.3	11/15/24	4.52% to 5.18%	Various dates through Feb 2032
LAD Auto Receivables Trust 2025-1 Class A-D	284.8	311.4	02/12/25	4.69% to 5.52%	Various dates through May 2032
LAD Auto Receivables Trust 2025-2 Class A-D	351.9	443.3	08/13/25	4.25% to 5.01%	Various dates through Dec 2032
LAD Auto Receivables Trust 2025-3 Class A-C	440.9	477.4	11/13/25	4.03% to 4.60%	Various dates through Mar 2033
LAD Auto Receivables Trust 2026-1 Class A-C	446.0	532.1	02/18/26	3.75% to 4.42%	Various dates through Aug 2033
LAD Auto Receivables Trust 2026-2 Class A-C	484.3	525.6	05/13/26	3.92% to 4.94%	Various dates through Oct 2033
Total non-recourse notes payable	$2,741.4	$3,263.5

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details