U.S. Floorplan Risk Management
Payment Rate
U.S. Floorplan Securitization
Performance Overview
Floorplan Portfolio Net Losses (Recoveries) as a
Percent of Average Principal Balance
Losses
Recoveries
Highest Net Loss Percentage on Floorplan Portfolio since
January 2004 was 0.353% in 2009
0.202%
0.004%
(0.008)%
2014
(0.004)%
2015
2016
(0.004)%
2017
2018
Trust Pool 3-Month Average of Monthly Principal Payment Rate*
65%
55%
45%
35%
Lowest 3-Month Average Payment Rate
was 29.9% in February 2005
Payment rate
triggers
Memo:
Days Supply**
73
25%
120
143
15%
Jan-14 Jul-14 Jan-15
Jul-15
Jan-16
Jul-16 Jan-17 Jul-17
Jan-18
Jul-18
* The 3-month average monthly principal payment rate for a month equals the average of the monthly
payment rate for that month and the prior two months
**
Estimated days supply derived from payment rate
74
Ford FORD CREDIT
Losses
Trust Pool Net Losses (Recoveries) as a
Percent of Average Principal Balance
No Trust losses realized since inception because depositors elected to
accept reassignment of receivables from "status" accounts
0.000%
0.000%
0.000%
0.000%
0.000%
2014
2015
2016
2017
2018
Recoveries
Percent of Principal Balance
Trust Pool Dealer Risk Ratings
100%
90%
80%
70%
Other
60%
50%
40%
30%
Group IV (Poor)
■Group III
■Group II
20%
10%
■Group (Strong)
0%
Dec-14
Dec-15
Dec-16
Dec-17
Dec-18View entire presentation