| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | S&P | Fitch |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 260.9 | 23.3% | 76.3% | — | — | — | — | — |
| Class A-2 | 326.3 | 29.1% | 47.2% | 4.03% fxd | 0.91 | 2028-07-17 | AAA | AAA |
| Class A-3 | 376.3 | 33.5% | 13.7% | 3.96% fxd | 2.12 | 2030-03-15 | AAA | AAA |
| Class A-4 | 95.7 | 8.5% | 5.1% | 4.08% fxd | 3.36 | 2031-06-16 | AAA | AAA |
| Class B | 23.6 | 2.1% | 3.0% | — | — | — | — | — |
| Class C | 19.6 | 1.7% | 1.3% | — | — | — | — | — |
| Class D | 14.6 | 1.3% | 0.0% | — | — | — | — | — |
| Sponsor | Ally Bank |
|---|---|
| Servicer | Ally Bank |
| Depositor / Transferor | CEO Certification |
| Indenture Trustee | U.S. Bank Trust Company, National Association |
| Owner Trustee | BNY Mellon Trust of Delaware |
| Asset Rep. Reviewer | Clayton Fixed Income Services LLC |
| Underwriters | Barclays Capital, BofA Securities, Wells Fargo Securities, Lloyds Securities, SMBC Nikko Securities |
| AART 2025-1 | AART 2024-2 | AART 2024-1 | AART 2023-1 | AART 2022-3 | AART 2022-2 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-10-16 | 2024-09-27 | 2024-03-13 | 2023-07-19 | 2022-12-14 | 2022-10-12 |
| Pool balance | $1,122.0MM | $1,120.0MM | $1,122.0MM | $1,122.0MM | $1,029.0MM | $1,116.6MM |
| WA Credit Score | 734+4 | 734 | 734 | 730 | 729 | 729 |
| WA APR | 6.93%+1.05pp | 6.93% | 6.93% | 5.88% | 5.26% | 5.26% |
| WA original term mo | 70.6+0.6 | 71.0 mo | 71.0 mo | 69.4 mo | 70.1 mo | 69.4 mo |
| % new vehicles | 40.0% | 40.3% | 40.0% | 41.6% | 40.0% | 50.0% |
| Reserve % | 1.00% | — | — | — | — | — |
| Geo top-3 | TX 12.8% FL 8.8% CA 7.4% | TX 12.3% FL 9.7% CA 7.3% | TX 13.1% FL 9.1% CA 6.9% | TX 13.4% FL 9.5% CA 6.2% | TX 11.8% CA 9.2% FL 9.0% | TX 12.2% CA 9.5% FL 9.4% |
| Structure (at issuance) | ||||||
| AAA spread | — | — | +42 bps | — | +62 bps | +70 bps |
| AAA % of pool | 71.1%+0.5pp | 73.1% | 70.7% | 72.5% | 69.7% | 69.7% |
| Subordination below AAA | 5.1%+0.2pp | 0.0% | 5.2% | 5.1% | 4.9% | 0.0% |
| OC (initial) | 0.45% | 6.03% | 0.45% | 1.61% | 4.37% | 9.38% |
| OC target | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| OC floor | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| YSOC | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. |
| Tranches | 7 | 4 | 7 | 7 | 7 | 4 |
OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.
| AART 2025-1 | WOART 2025-D | FCAOT 2025-B | HART 2025-C | HAROT 2025-3 | TAOT 2025-C | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-10-16 | 2025-10-15 | 2025-09-26 | 2025-09-17 | 2025-08-12 | 2025-07-30 |
| Pool balance | $1,122.0MM | $982.7MM | $1,645.7MM | $2,148.3MM | $2,483.1MM | $2,001.9MM |
| WA Credit Score | 734−35 | 757 | 752 | 772 | 769 | 770 |
| WA APR | 6.93%+1.32pp | 6.15% | 5.21% | 5.61% | 4.97% | 5.85% |
| WA original term mo | 70.6+4.6 | 68.6 mo | 66.0 mo | 67.9 mo | 61.9 mo | 65.7 mo |
| % new vehicles | 40.0% | 97.6% | 93.5% | 99.5% | 86.0% | 88.0% |
| Reserve % | 1.00% | 0.23% | 0.24% | 0.25% | 0.25% | 0.25% |
| Geo top-3 | TX 12.8% FL 8.8% CA 7.4% | FL 46.0% GA 18.7% NC 15.7% | TX 16.5% CA 8.7% FL 8.2% | TX 13.0% FL 9.8% CA 8.2% | CA 16.3% TX 9.8% PA 7.6% | CA 21.9% TX 15.8% IL 3.9% |
| Structure (at issuance) | ||||||
| AAA spread | — | +31 bps | +30 bps | +35 bps | +35 bps | +30 bps |
| AAA % of pool | 71.1%+0.1pp | 69.9% | 71.7% | 68.9% | 72.5% | 71.0% |
| Subordination below AAA | 5.1%+0.9pp | 4.2% | 4.8% | 4.6% | 0.0% | 2.4% |
| OC (initial) | 0.45% | — | 2.00% | 3.00% | — | 0.85% |
| OC target | 1.30% | 0.90% | 2.00% | 3.00% | — | 0.85% |
| OC floor | 1.30% | 0.50% | 2.00% | 3.00% | — | 0.85% |
| YSOC | n.a. | 6.55% | 4.06% | 5.09% | 4.77% | 5.09% |
| Tranches | 7 | 7 | 7 | 7 | 5 | 6 |
OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.
Anchor expectations in empirical base rates from the sponsor's prior series and FICO-tier peer set.
Left: per-series cumulative NET loss at matched seasoning 10-D (10-D servicer distribution reports). IQR band uses a fixed cohort of all peer series with ≥18 months of data (263 series across 22 issuers). Right: portfolio-level 60+ DQ rate aggregated across all active deals per issuer (calendar time, last 3 years), from ABS-EE loan-level data ABS-EE.
Ally Bank — ticker AART.
Peer tier: prime.
Open in Explorer ↗ for
FICO sub-band and new/used stratification.