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Debt (Summary of Term ABS Financings)
$ in Millions
3 Months Ended
Mar. 31, 2022
USD ($)
Term ABS 2019-1 [Member]  
Debt Instrument [Line Items]  
Close Date Feb. 21, 2019
Net Book Value of Loans Contributed at Closing $ 503.1
Maturity Date Feb. 15, 2021 [1],[2]
Term ABS 2019-2 [Member]  
Debt Instrument [Line Items]  
Close Date Aug. 28, 2019
Net Book Value of Loans Contributed at Closing $ 625.1
Maturity Date Aug. 15, 2022 [1],[3]
Term ABS 2019-3 [Member]  
Debt Instrument [Line Items]  
Close Date Nov. 21, 2019
Net Book Value of Loans Contributed at Closing $ 439.6
Maturity Date Nov. 15, 2021 [1],[2]
Term ABS 2020-1 [Member]  
Debt Instrument [Line Items]  
Close Date Feb. 20, 2020
Net Book Value of Loans Contributed at Closing $ 625.1
Maturity Date Feb. 15, 2022 [1],[2]
Term ABS 2020-2 [Member]  
Debt Instrument [Line Items]  
Close Date Jul. 23, 2020
Net Book Value of Loans Contributed at Closing $ 602.3
Maturity Date Jul. 15, 2022 [1],[4]
Term ABS 2020-3 [Member]  
Debt Instrument [Line Items]  
Close Date Oct. 22, 2020
Net Book Value of Loans Contributed at Closing $ 750.1
Maturity Date Oct. 17, 2022 [1],[4]
Term ABS 2021-1 [Member]  
Debt Instrument [Line Items]  
Close Date Jan. 29, 2021
Net Book Value of Loans Contributed at Closing $ 125.1
Maturity Date Feb. 15, 2023 [1],[4]
Term ABS 2021-2 [Member]  
Debt Instrument [Line Items]  
Close Date Feb. 18, 2021
Net Book Value of Loans Contributed at Closing $ 625.1
Maturity Date Feb. 15, 2023 [1],[4]
Term ABS 2021-3 [Member]  
Debt Instrument [Line Items]  
Close Date May 20, 2021
Net Book Value of Loans Contributed at Closing $ 562.6
Maturity Date May 15, 2023 [1],[4]
Term ABS 2021-4 [Member]  
Debt Instrument [Line Items]  
Close Date Oct. 28, 2021
Net Book Value of Loans Contributed at Closing $ 312.6
Maturity Date Oct. 16, 2023
[1] Financing made available only to a specified subsidiary of the Company.
[2] Represents the revolving maturity date. The outstanding balance will amortize after the revolving maturity date based on the cash flows of the pledged assets.
[3] Represents the revolving maturity date. The Company has the option to redeem and retire the indebtedness after the revolving maturity date. If we do not elect this option, the outstanding balance will amortize based on the cash flows of the pledged assets.
[4] The Dealer Loans amount represents advances paid to Dealers on Consumer Loans assigned under our Portfolio Program. The Purchased Loans amount represents one-time payments made to Dealers to purchase Consumer Loans assigned under our Purchase Program.