U.S. Floorplan Risk Management

U.S. Lease Residual Performance Return Rates Return Volume Lease Return Volume (000) and Return Rates (Pct) 22 22 78% 74% 78% 80% 78% 189 180 246 290 281 2014 2015 2016 2017 2018 24-Month 36-Month Off-Lease Auction Values (at FY 2018 Mix) $22,195 $21,315 $21,285 Healthy used car market supporting lease residual and credit loss performance 36-month auction values up 4% YoY; stronger than expected Expect 2019 FY average auction values to be about 4% lower $21,655 $21,950 YoY at constant mix $18,695 $17,910 $18,055 $17,110 2014 2015 2016 $17,430 2017 2018 Ford FORD CREDIT

View entire presentation