Common use of Aggregate Characteristics Clause in Contracts

Aggregate Characteristics. The Receivables had the following characteristics in the aggregate as of the Cutoff Date: (i) approximately 12.40% of the Original Pool Balance was attributable to loans for purchases of new Financed Vehicles, and approximately 87.60% of the Original Pool Balance was attributable to loans for purchases of used Financed Vehicles; (ii) approximately 23.63% of the Original Pool Balance was attributable to Receivables the mailing addresses of the Obligors with respect to which are located in the State of North Carolina and 16.16% of the Original Pool Balance was attributable to Receivables the mailing addresses of the Obligors with respect to which are located in the State of California, 5.89% in the State of Texas and 5.01% in the State of South Carolina, and no other state accounts for more than 5% of the Original Pool Balance; (iii) the weighted average Contract Rate of the Receivables was 20.08%; (iv) there are 9,172 Receivables being conveyed by Seller to Issuer; (v) the average Cutoff Date Principal Balance of the Receivables was $11,993.67 and (vi) the weighted average original term and weighted average remaining term of the Receivables were 56.81 months and 54.68 months, respectively.

Aggregate Characteristics. The Receivables had the following characteristics in the aggregate as of the Cutoff Date: (i) approximately 12.4013.15% of the Original Pool Balance was attributable to loans for purchases of new Financed Vehicles, and approximately 87.6086.85% of the Original Pool Balance was attributable to loans for purchases of used Financed Vehicles; (ii) approximately 23.6322.11% of the Original Pool Balance was attributable to Receivables the mailing addresses of the Obligors with respect to which are located in the State of North Carolina and 16.1618.04% of the Original Pool Balance was attributable to Receivables the mailing addresses of the Obligors with respect to which are located in the State of California, 5.896.91% in the State of Texas and 5.01Texas, 5.55% in the State of South CarolinaArizona and 5.37% in the State of Oklahoma, and no other state accounts for more than 5% of the Original Pool Balance; (iii) the weighted average Contract Rate of the Receivables was 20.0820.03%; (iv) there are 9,172 9,006 Receivables being conveyed by Seller to Issuer; (v) the average Cutoff Date Principal Balance of the Receivables was $11,993.67 12,214.58 and (vi) the weighted average original term and weighted average remaining term of the Receivables were 56.81 57.12 months and 54.68 54.45 months, respectively.