Dear "sweetness"
Once again, thank you for your question. While rising gas prices have an impact on all of our financial lives, CarBiz takes into account factors such as gas prices, as well as other living costs ie food, clothing, shelter etc., in its business model. In general, CarBiz takes into account debt/income ratios and disposable income levels when putting its funding packages in place. Since it takes all of these economic factors into consideration, it minimizes any negative impacts rising gas prices could have.
We direct you to the Executive Address section of this IR hub (top right hand side). If you click on that, you will hear CarBiz CEO Carl Ritter addressing shareholders and he specifically references that point concerning rising gas costs.
We hope that answers your question and we suggest you continue to monitor this site for further news and updates.
AGORACOM Investor Relations
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