| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | S&P | Moody's |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 292.8 | 17.7% | 74.4% | 5.49% fxd | 0.24 | 2025-04-16 | A-1+ | P-1 |
| Class A-2-A | 287.7 | 17.4% | 57.0% | 5.33% fxd | 1.04 | 2027-03-16 | AAA | Aaa |
| Class A-2-B | 260.0 | 15.7% | 41.3% | +39 bps SOFR | 1.04 | 2027-03-16 | AAA | Aaa |
| Class A-3 | 547.7 | 33.1% | 8.2% | 5.10% fxd | 2.46 | 2029-03-16 | AAA | Aaa |
| Class A-4 | 87.2 | 5.3% | 2.9% | 5.04% fxd | 3.59 | 2029-09-17 | AAA | Aaa |
| Class B | 25.1 | 1.5% | 1.4% | 5.28% fxd | 3.60 | 2029-10-16 | AA | Aa2 |
| Class C | 23.5 | 1.4% | 0.0% | 5.43% fxd | 3.60 | 2029-12-17 | A | A2 |
| Sponsor | AmeriCredit Financial Services, Inc |
|---|---|
| Servicer | AmeriCredit Financial Services, Inc. |
| Depositor / Transferor | AFS SenSub Corp |
| Indenture Trustee | — |
| Owner Trustee | Wilmington Trust Company |
| Asset Rep. Reviewer | Clayton Fixed Income Services LLC |
| Underwriters | BNP Paribas Securities, Lloyds Securities, Wells Fargo Securities, Goldman Sachs, MUFG Securities Americas, Scotia Capital |
| GMCAR 2024-2 | GMCAR 2024-1 | GMCAR 2023-2 | GMCAR 2023-4 | GMCAR 2023-1 | GMCAR 2023-3 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2024-04-10 | 2019-01-16 | 2018-01-18 | 2018-01-18 | 2018-01-18 | 2018-01-18 |
| Pool balance | $1,654.1MM | $1,657.3MM | $1,701.7MM | $1,623.3MM | $1,719.2MM | $1,682.7MM |
| WA Credit Score | 784+1 | 783 | 783 | 783 | 781 | 782 |
| WA APR | 5.46%+0.95pp | 5.21% | 4.02% | 4.83% | 3.51% | 4.51% |
| WA original term mo | 68.0−1.0 | 69.0 mo | 69.0 mo | 70.0 mo | 69.0 mo | 70.0 mo |
| % new vehicles | 87.7% | — | — | — | — | — |
| Reserve % | 0.24% | 0.24% | 0.19% | 0.21% | 0.23% | 0.23% |
| Geo top-3 | TX 14.4% FL 7.1% NY 5.3% | TX 14.0% FL 7.3% CA 5.4% | TX 14.0% FL 8.3% CA 6.9% | TX 14.2% FL 7.4% CA 6.0% | TX 14.8% CA 7.7% NY 5.7% | TX 14.2% FL 7.9% CA 6.4% |
| Structure (at issuance) | ||||||
| AAA spread | +39 bps−14bps | +40 bps | +75 bps | +53 bps | +62 bps | +47 bps |
| AAA % of pool | 71.5%+0.9pp | 71.7% | 69.8% | 70.9% | 67.9% | 70.6% |
| Subordination below AAA | 2.9%−1.1pp | 4.1% | 2.9% | 4.1% | 2.8% | 4.1% |
| OC (initial) | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% |
| OC target | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% |
| OC floor | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% |
| YSOC | 5.27% | 5.45% | 6.69% | 5.68% | 8.86% | 6.89% |
| Tranches | 7 | 8 | 7 | 8 | 7 | 8 |
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.
| GMCAR 2024-2 | HART 2024-A | FCAOT 2024-A | HAROT 2024-1 | WOART 2024-A | TAOT 2024-A | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2024-04-10 | 2024-03-20 | 2024-03-19 | 2024-02-21 | 2024-02-14 | 2024-01-30 |
| Pool balance | $1,654.1MM | $1,812.8MM | $1,696.7MM | $2,159.2MM | $1,343.7MM | $1,908.5MM |
| WA Credit Score | 784+18 | 766 | 756 | 768 | 757 | 767 |
| WA APR | 5.46%+0.09pp | 5.70% | 4.80% | 4.59% | 6.54% | 5.37% |
| WA original term mo | 68.0+2.0 | 66.6 mo | 63.7 mo | 62.2 mo | 67.6 mo | 66.0 mo |
| % new vehicles | 87.7% | 95.8% | 92.5% | 86.1% | 95.6% | 84.2% |
| Reserve % | 0.24% | 0.25% | 0.23% | 0.25% | 0.23% | 0.25% |
| Geo top-3 | TX 14.4% FL 7.1% NY 5.3% | TX 12.9% FL 11.5% CA 6.4% | TX 16.0% CA 9.1% FL 8.6% | NJ 4.9% MA 4.9% CA 4.8% | FL 47.9% GA 18.3% NC 15.8% | CA 23.9% TX 15.3% IL 4.6% |
| Structure (at issuance) | ||||||
| AAA spread | +39 bps+2bps | +42 bps | +36 bps | — | +34 bps | +37 bps |
| AAA % of pool | 71.5%+0.3pp | 69.7% | 70.4% | 73.6% | 71.2% | 71.3% |
| Subordination below AAA | 2.9%−1.2pp | 4.5% | 4.7% | 0.0% | 4.1% | 1.8% |
| OC (initial) | 1.50% | 3.00% | 2.00% | 2.50% | — | 0.85% |
| OC target | 2.00% | 3.00% | 2.00% | — | 1.15% | 0.85% |
| OC floor | 2.00% | 3.00% | 2.00% | — | 0.50% | 0.85% |
| YSOC | 5.27% | 5.15% | 5.77% | — | 6.75% | 6.40% |
| Tranches | 7 | 7 | 7 | 4 | 7 | 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 (148 series across 9 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.
AmeriCredit Financial Services, Inc — ticker GMCAR.
Peer tier: prime.
Open in Explorer ↗ for
FICO sub-band and new/used stratification.