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Auto Loans Receivable (Tables)
 9 Months Ended
Sep. 30, 2023
Receivables [Abstract]  
Auto Loans Receivable
The components of auto loans receivable, net of unearned discounts and allowances for expected credit losses, at September 30, 2023, and December 31, 2022, are as follows:
September 30,
2023		December 31,
2022
Total auto loans receivable$373.6 $377.0 
Accrued interest and fees4.1 4.4 
Deferred loan origination costs0.7 0.5 
Less: unearned discounts(10.5)(21.3)
Less: allowances for expected credit losses(47.9)(57.5)
Auto loans receivable, net$320.0 $303.1 
Financing Receivable Credit Quality Indicators
The following tables present auto loans receivable as of September 30, 2023, and December 31, 2022, disaggregated by major credit program tier:
Fiscal Year of Origination
As of September 30, 2023
20232022202120202019Prior to 2019Total
Credit Program Tier(1):
Platinum$70.4 $16.5 $9.2 $4.0 $4.0 $0.7 $104.8 
Gold52.8 39.8 21.0 8.2 5.8 1.2 128.8 
Silver50.4 37.4 19.2 6.3 3.9 0.6 117.8 
Bronze6.2 1.4 7.3 1.9 0.1 0.1 17.0 
Copper0.4 0.4 3.5 0.7 0.1 0.1 5.2 
Total auto loans receivable$180.2 $95.5 $60.2 $21.1 $13.9 $2.7 $373.6 
Current-period gross write-offs$4.5 $27.3 $12.5 $3.7 $2.1 $0.6 $50.7 
Fiscal Year of Origination
As of December 31, 2022
20222021202020192018
Prior to 2018
Total
Credit Program Tier(1):
Platinum$21.9 $12.9 $6.4 $7.4 $2.2 $0.2 $51.0 
Gold53.7 30.0 12.9 10.6 3.2 0.4 110.8 
Silver61.9 29.8 10.4 8.0 1.9 0.1 112.1 
Bronze41.4 17.1 7.4 3.7 1.0 0.1 70.7 
Copper19.2 8.0 2.6 1.8 0.7 0.1 32.4 
Total auto loans receivable$198.1 $97.8 $39.7 $31.5 $9.0 $0.9 $377.0 
(1) Classified based on credit grade assigned when customer was initially approved for financing.
Financing Receivable, Allowance for Credit Loss
The following is a rollforward of our allowance for expected credit losses for auto loans receivable for the nine months ended September 30, 2023:
Nine Months Ended
September 30, 2023
Balance as of beginning of year$57.5 
Provision for credit losses36.0 
Write-offs(50.7)
Recoveries(1)
21.2 
Sold loans
(16.1)
Balance as of September 30, 2023
$47.9 
(1) Includes proceeds from the recovery of vehicle collateral, net of costs incurred.
Financing Receivable, Past Due The following table presents past due auto loans receivable, as of September 30, 2023, and December 31, 2022:
Age Analysis of Past-Due Auto Loans Receivable as of
September 30,
2023		December 31,
2022
31-60 Days$18.6 $13.0 
61-90 Days5.5 4.1
Greater than 90 Days3.7 2.6
Total Past Due$27.8 $19.7 
Current345.8 357.3
Total$373.6 $377.0