| Class | Size ($MM) | % of Pool | Enhancement | WAL | Coupon | Spread | Legal Final | S&P | Fitch |
|---|---|---|---|---|---|---|---|---|---|
| Class A-1retained | 260.9 | 23.3% | 5.85% | — | — | — | — | — | — |
| Class A-2 | 328.8 | 29.3% | 5.85% | 0.91 | 3.91% | +39 I-curve | 2028-11-28 | AAA | AAA |
| Class A-3 | 378.8 | 33.8% | 5.85% | 2.14 | 3.92% | +46 I-curve | 2030-10-30 | AAA | AAA |
| Class A-4retained | 90.6 | 8.1% | 5.85% | 3.41 | 4.02% | +53 I-curve | 2031-06-30 | AAA | AAA |
| Class Bretained | 23.6 | 2.1% | 3.75% | — | — | — | — | — | — |
| Class Cretained | 19.6 | 1.7% | 2.00% | — | — | — | — | — | — |
| Class Dretained | 14.6 | 1.3% | 0.70% | — | — | — | — | — | — |
Enhancement: subordinate notes, overcollateralization and reserve beneath the class, as a share of the pool net of any yield supplement (the adjusted pool, as the issuers and rating agencies measure it); the Class A notes share losses pari passu, so each carries the same figure. Spread: basis points over the benchmark named beside it, from the pricing term sheet — the interpolated curve for fixed-rate classes, 30-day average SOFR for floaters; the two are not comparable. A class marked retained was kept by the depositor, as the prospectus states.
| Sponsor | Ally Bank |
|---|---|
| Servicer | Ally Bank |
| Depositor / Transferor | Ally Auto Assets LLC |
| 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 | BofA Securities, Barclays Capital, Morgan Stanley, Lloyds Securities |
| AART 2026-1 | AART 2025-1 | AART 2024-2 | AART 2024-1 | AART 2023-1 | AART 2022-3 | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2026-03-10 | 2025-10-16 | 2024-09-27 | 2024-03-13 | 2023-07-19 | 2022-12-14 | 424B5 |
| Pool balance | $1,121.9MM | $1,122.0MM | $1,114.9MM | $1,122.0MM | $1,108.9MM | $988.5MM | 424B5 |
| WA Credit Score | 7340 | 734 | 734 | 734 | 730 | 729 | 424B5 |
| WA APR | 9.10%−0.42pp | 9.52% | 9.89% | 9.62% | 8.68% | 6.77% | 424B5 |
| WA original term mo | 70.4−0.2 | 70.6 mo | 71.0 mo | 71.0 mo | 69.4 mo | 70.1 mo | 424B5 |
| % new vehicles | 40.0% | 40.0% | 40.3% | 40.0% | 41.6% | 40.0% | 424B5 |
| Geo top-3 | TX 13.4% FL 8.6% CA 7.1% | 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% | 424B5 |
| Enhancement beneath the AAA term notes | |||||||
| Enhancement, initial | 5.85%0.00pp | 5.85% | 5.85% | 5.85% | 5.85% | 5.85% | calc |
| Enhancement, target | 6.70% | 6.70% | 6.70% | 6.70% | 6.70% | 6.70% | calc |
| Subordinate notes | 5.2%0.0pp | 5.1% | 5.1% | 5.2% | 5.2% | 5.2% | calc |
| OC (initial) | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% | 424B5 |
| OC target | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 424B5 |
| OC floor | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 424B5 |
| Reserve account | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 424B5 |
| YSOC | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | 424B5 |
| Pricing | |||||||
| AAA spread | +46 bps−21bps A-3 · 2.1y | +43 bps A-3 · 2.1y | +67 bps A-3 · 2.2y | +66 bps A-3 · 2.3y | +82 bps A-3 · 2.5y | +77 bps A-3 · 2.1y | FWP |
| Terms | |||||||
| Tranches | 7 | 7 | 7 | 7 | 7 | 7 | FWP |
Enhancement: subordinate notes, overcollateralization and the reserve account as a share of the cutoff-date pool — the losses the pool can absorb before the AAA term notes are touched. AAA spread: the pricing spread over the interpolated curve for the fixed-rate AAA class whose weighted-average life is nearest two years, with that class and its WAL shown; floating-rate classes are never used. Source: 424B5 = final prospectus, FWP = pricing term sheet, calc = derived from the above. Deltas are against the peer median; green means more protection, or a cheaper price for it, for the noteholder.
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 2026-1 | HAROT 2026-1 | HART 2026-A | WOART 2026-A | CAOT 2026-1 | TAOT 2026-A | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2026-03-10 | 2026-02-18 | 2026-02-18 | 2026-02-18 | 2026-01-28 | 2026-01-21 | 424B5 |
| Pool balance | $1,121.9MM | $2,483.1MM | $2,392.4MM | $1,308.7MM | $1,306.5MM | $1,995.4MM | 424B5 |
| WA Credit Score | 734−36 | 770 | 775 | 758 | 760 | 771 | 424B5 |
| WA APR | 9.10%+3.42pp | 5.00% | 5.39% | 5.87% | 8.73% | 5.68% | 424B5 |
| WA original term mo | 70.4+3.3 | 61.6 mo | 67.2 mo | 68.4 mo | 67.1 mo | 65.9 mo | 424B5 |
| % new vehicles | 40.0% | 86.5% | 97.5% | 98.0% | 0.0% | 88.0% | 424B5 |
| Geo top-3 | TX 13.4% FL 8.6% CA 7.1% | CA 16.0% TX 9.5% NY 6.7% | TX 13.2% FL 10.1% CA 9.1% | FL 44.5% GA 18.6% NC 16.2% | CA 17.6% TX 10.1% FL 6.8% | CA 23.8% TX 16.7% IL 3.8% | 424B5 |
| Enhancement beneath the AAA term notes | |||||||
| Enhancement, initial | 5.85%+1.10pp | 2.75% | 7.55% | 4.75% | 5.10% | 2.75% | calc |
| Enhancement, target | 6.70% | — | 8.05% | 5.65% | 5.10% | 3.60% | calc |
| Subordinate notes | 5.2%+0.8pp | 0.0% | 4.8% | 4.5% | 4.4% | 2.5% | calc |
| OC (initial) | 0.45% | 2.50% | 2.50% | 0.00% | 0.50% | 0.00% | 424B5 |
| OC target | 1.30% | — | 3.00% | 0.90% | 0.50% | 0.85% | 424B5 |
| OC floor | 1.30% | — | 3.00% | 0.50% | 0.50% | 0.85% | 424B5 |
| Reserve account | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 424B5 |
| YSOC | n.a. | n.a. | 5.70% | 5.49% | n.a. | 4.78% | 424B5 |
| Pricing | |||||||
| AAA spread | +46 bps+12bps A-3 · 2.1y | +34 bps A-3 · 2.4y | +34 bps A-3 · 2.5y | +36 bps A-3 · 2.6y | +44 bps A-3 · 2.7y | +34 bps A-3 · 2.4y | FWP |
| Terms | |||||||
| Tranches | 7 | 5 | 7 | 7 | 8 | 6 | FWP |
Enhancement: subordinate notes, overcollateralization and the reserve account as a share of the cutoff-date pool — the losses the pool can absorb before the AAA term notes are touched. AAA spread: the pricing spread over the interpolated curve for the fixed-rate AAA class whose weighted-average life is nearest two years, with that class and its WAL shown; floating-rate classes are never used. Source: 424B5 = final prospectus, FWP = pricing term sheet, calc = derived from the above. Deltas are against the peer median; green means more protection, or a cheaper price for it, for the noteholder.
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 (277 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 the performance page ↗ for
FICO sub-band and new/used stratification.