and was predominantly impacted by our net interest margin, which increased 35 basis points a year over year to 6.2%. The provision for loan losses was $73 million versus last year's provision of $68 million and results in a reserve balance of $479 million. While the ...
economic conditions, including inflationary pressures, climbing interest rates and the potential impact of Russia’s invasion of Ukraine. Changes in the availability or cost of capital and working capital financing, including changes related to the asset-backed securitization market. ...
Changes in general or regional U.S. economic conditions, including inflationary pressures, climbing interest rates and the potential impact of international events. Changes in the availability or cost of capital and working capital financing, including changes related to the asset-backed securitization ma...
Monthly Payments:Financing also is billed as hassle- and pressure-free. CarMax works with a variety of lenders, including Chase, Ally Auto, Capital One, Exeter, Santander, and Wells Fargo. Your choice of financing source never affects the price of the vehicle. Shoppers can be pre-approved, ...
economic conditions, including inflationary pressures, climbing interest rates and the potential impact of Russia’s invasion of Ukraine. Changes in the availability or cost of capital and working capital financing, including changes related to the asset-backed securitization market...
And while prices have gone down, obviously, interest rates are higher than a year ago. I think you still have the pressure of the consumers on everything else that they're basically buying food and housing, get inflationary pressure there. So I think it speaks more to the consumer mindset...
and local economies; our business operations and continuity; the availability of corporate and consumer financing; the health and productivity of our associates; the ability of third-party providers to continue uninterrupted service; and the regulatory environment in which we operate. Chan...
Thanks. Good morning. Wanted to go back to that explanation on the other financing channel. You said that they're very interest rate sensitive consumers, but you also said that they're more able to pay cash. So are most buyers in that bucket? Are they more budget conscious? Or are they...
Used Vehicle Financing Penetration by Channel (Before the Impact of 3-day Payoffs) (1) Three Months Ended February 28 Years Ended February 28 2022 2021 2022 2021 CAF (2) 44.1 % 47.0 % 46.1 % 45.5 % Tier 2 (3) 23.7 % 21.0 % 22.5 % 22.3 % Ti...
Interest margin: Interest and fee income $ 282.5 8.4 $ 266.2 8.4 Interest expense (84.6 ) (2.5 ) (87.4 ) (2.8 ) Total interest margin 197.9 5.9 178.8 5.6 Provision for loan losses (122.0 ) (3.6 ) (38.2 ) (1.2 ) Total interest margin after provision for loa...