| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | S&P | Moody's |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 249.0 | 18.5% | 74.3% | 4.74% fxd | 0.25 | 2025-10-16 | A-1+ | P-1 |
| Class A-2-A | 190.0 | 14.1% | 60.2% | 4.53% fxd | 1.08 | 2027-10-18 | AAA | Aaa |
| Class A-2-B | 285.4 | 21.2% | 39.0% | +40 bps SOFR | 1.08 | 2027-10-18 | AAA | Aaa |
| Class A-3 | 412.9 | 30.7% | 8.4% | 4.40% fxd | 2.45 | 2029-08-16 | AAA | Aaa |
| Class A-4 | 92.0 | 6.8% | 1.6% | 4.44% fxd | 3.59 | 2030-04-16 | AAA | Aaa |
| Class B | 20.9 | 1.6% | 0.0% | 4.67% fxd | 3.67 | 2030-05-16 | AA | Aa2 |
| Sponsor | AmeriCredit Financial Services, Inc |
|---|---|
| Servicer | AmeriCredit Financial Services, Inc. |
| Depositor / Transferor | AFS SenSub Corp |
| Indenture Trustee | — |
| Owner Trustee | Wilmington Trust, National Association |
| Asset Rep. Reviewer | Clayton Fixed Income Services LLC |
| Underwriters | Barclays Capital, Credit Agricole Securities, BMO Capital Markets, BNP Paribas Securities, Mizuho Securities, Scotia Capital |
| GMCAR 2024-4 | GMCAR 2024-3 | GMCAR 2024-2 | GMCAR 2024-1 | GMCAR 2023-2 | GMCAR 2023-4 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2024-10-16 | 2024-07-10 | 2024-04-10 | 2019-01-16 | 2018-01-18 | 2018-01-18 |
| Pool balance | $1,346.6MM | $1,420.3MM | $1,654.1MM | $1,657.3MM | $1,701.7MM | $1,623.3MM |
| WA Credit Score | 782−1 | 783 | 784 | 783 | 783 | 783 |
| WA APR | 5.83%+0.62pp | 5.69% | 5.46% | 5.21% | 4.02% | 4.83% |
| WA original term mo | 69.00.0 | 69.0 mo | 68.0 mo | 69.0 mo | 69.0 mo | 70.0 mo |
| % new vehicles | 87.7% | 87.7% | 87.7% | — | — | — |
| Reserve % | 0.24% | 0.24% | 0.24% | 0.24% | 0.19% | 0.21% |
| Geo top-3 | TX 15.3% FL 7.2% MI 5.3% | TX 14.5% FL 7.5% MI 5.2% | 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% |
| Structure (at issuance) | ||||||
| AAA spread | +40 bps0bps | +36 bps | +39 bps | +40 bps | +75 bps | +53 bps |
| AAA % of pool | 72.8%+1.4pp | 71.4% | 71.5% | 71.7% | 69.8% | 70.9% |
| Subordination below AAA | 1.6%−1.4pp | 3.0% | 2.9% | 4.1% | 2.9% | 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 | 3.04% | 4.40% | 5.27% | 5.45% | 6.69% | 5.68% |
| Tranches | 6 | 7 | 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 2024-4 | HART 2024-C | FCAOT 2024-C | HAROT 2024-3 | WOART 2024-C | TAOT 2024-C | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2024-10-16 | 2024-10-16 | 2024-09-20 | 2024-08-21 | 2024-08-20 | 2024-07-30 |
| Pool balance | $1,346.6MM | $1,859.5MM | $1,688.8MM | $2,159.2MM | $1,312.6MM | $1,864.8MM |
| WA Credit Score | 782+14 | 769 | 756 | 768 | 756 | 769 |
| WA APR | 5.83%−0.14pp | 5.97% | 4.74% | 4.72% | 6.67% | 6.04% |
| WA original term mo | 69.0+3.6 | 68.0 mo | 64.8 mo | 61.3 mo | 68.1 mo | 65.4 mo |
| % new vehicles | 87.7% | 96.7% | 93.9% | 85.3% | 96.2% | 87.0% |
| Reserve % | 0.24% | 0.25% | 0.23% | 0.25% | 0.23% | 0.25% |
| Geo top-3 | TX 15.3% FL 7.2% MI 5.3% | TX 12.7% FL 10.6% CA 8.9% | TX 16.1% FL 8.6% CA 8.4% | CA 16.2% TX 9.7% NY 6.7% | — | CA 16.3% TX 16.2% PA 4.6% |
| Structure (at issuance) | ||||||
| AAA spread | +40 bps0bps | +40 bps | +40 bps | +48 bps | — | +37 bps |
| AAA % of pool | 72.8%+3.0pp | 69.8% | 69.3% | 72.4% | 35.4% | 71.0% |
| Subordination below AAA | 1.6%−2.6pp | 4.6% | 4.7% | 0.0% | 4.2% | 2.3% |
| OC (initial) | 1.50% | 3.00% | 2.00% | 2.50% | — | 0.85% |
| OC target | 2.00% | 3.00% | 2.00% | — | 0.90% | 0.85% |
| OC floor | 2.00% | 3.00% | 2.00% | — | 0.50% | 0.85% |
| YSOC | 3.04% | 4.98% | 6.50% | — | 7.77% | 6.16% |
| Tranches | 6 | 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 (162 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.