U.S. Floorplan Risk Management

U.S. Floorplan Product Features Advance Rates New vehicles – 100% of invoice amount, including taxes, destination charges, and dealer holdback Auction vehicles - auction price plus auction fee, transportation, and taxes Used vehicles - up to 100% of wholesale value (as determined by selected trade publications) Payment Terms Principal due generally upon sale of related vehicle Interest and other administrative charges are billed and payable monthly in arrears Curtailment Terms Insurance . 106 Ford FORD CREDIT Ford Credit requires higher risk dealers to make periodic principal payments, or "curtailments," prior to the sale or lease of the related vehicle The amount of monthly curtailment payments is 10% of the amount financed on a vehicle, starting after a specified period of time after the vehicle is financed, over a year for new and demonstrator vehicles and less than a year for program and used vehicles Application of the curtailment policy to a particular dealer may be modified or waived by the appropriate approval authority Comprehensive insurance coverage for the financed vehicles is mandatory and generally is included with the financing Over half of the dealers purchase collision coverage through Ford Credit from The American Road Insurance Company and the remainder purchase it from other insurance companies In-Transit vehicles are also covered by comprehensive insurance arranged by Ford

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