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AutoNation Finance Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2025

The following table presents the components of AutoNation Finance income (loss):


	Three Months Ended March 31,
	2025		2024
Interest margin:
Interest and fee income	$	41.9	$	21.8
Interest expense	(13.9)		(7.0)
Total interest margin	28.0		14.8
Provision for credit losses	(18.9)		(10.2)
Total interest margin after provision for loan losses	9.1		4.6
Direct expenses(1)	(9.0)		(9.6)

AutoNation Finance income (loss)	$	0.1	$	(5.0)

(1) Direct expenses are comprised primarily of compensation expenses and loan administration costs incurred by our auto finance company.