| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | Moody's | Fitch |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 292.0 | 17.8% | 76.5% | 4.40% fxd | 0.23 | 2026-01-16 | P-1 | F1+ |
| Class A-2-A | 340.1 | 20.7% | 55.8% | 4.44% fxd | 1.02 | 2028-01-18 | Aaa | AAA |
| Class A-2-B | 214.1 | 13.0% | 42.8% | +33 bps SOFR | 1.02 | 2028-01-18 | Aaa | AAA |
| Class A-3 | 554.1 | 33.7% | 9.1% | 4.62% fxd | 2.42 | 2029-12-17 | Aaa | AAA |
| Class A-4 | 99.9 | 6.1% | 3.0% | 4.73% fxd | 3.57 | 2030-08-16 | Aaa | AAA |
| Class B | 25.5 | 1.5% | 1.5% | 5.00% fxd | 3.59 | 2030-08-16 | Aa2 | AA |
| Class C | 23.9 | 1.5% | 0.0% | — | — | — | — | — |
| 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 | Credit Agricole Securities, Deutsche Bank Securities, J.P. Morgan Securities, Morgan Stanley, TD Securities, Academy Securities |
| GMCAR 2025-1 | GMCAR 2024-4 | GMCAR 2024-3 | GMCAR 2024-2 | GMCAR 2024-1 | GMCAR 2023-2 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-01-15 | 2024-10-16 | 2024-07-10 | 2024-04-10 | 2019-01-16 | 2018-01-18 |
| Pool balance | $1,644.9MM | $1,346.6MM | $1,420.3MM | $1,654.1MM | $1,657.3MM | $1,701.7MM |
| WA Credit Score | 781−2 | 782 | 783 | 784 | 783 | 783 |
| WA APR | 6.08%+0.62pp | 5.83% | 5.69% | 5.46% | 5.21% | 4.02% |
| WA original term mo | 13.0−56.0 | 69.0 mo | 69.0 mo | 68.0 mo | 69.0 mo | 69.0 mo |
| % new vehicles | 87.9% | 87.7% | 87.7% | 87.7% | — | — |
| Reserve % | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.19% |
| Geo top-3 | TX 13.9% FL 7.0% MI 5.6% | 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% |
| Structure (at issuance) | ||||||
| AAA spread | +33 bps−7bps | +40 bps | +36 bps | +39 bps | +40 bps | +75 bps |
| AAA % of pool | 73.4%+2.0pp | 72.8% | 71.4% | 71.5% | 71.7% | 69.8% |
| Subordination below AAA | 3.0%+0.1pp | 1.6% | 3.0% | 2.9% | 4.1% | 2.9% |
| OC (initial) | 2.75% | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% |
| OC target | 2.75% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% |
| OC floor | 2.75% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% |
| YSOC | 3.13% | 3.04% | 4.40% | 5.27% | 5.45% | 6.69% |
| Tranches | 7 | 6 | 7 | 7 | 8 | 7 |
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 2025-1 | VALET 2024-1 | FCAOT 2024-D | HAROT 2024-4 | NAROT 2024-B | TAOT 2024-D | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-01-15 | 2024-11-26 | 2024-11-22 | 2024-10-24 | 2024-10-23 | 2024-10-17 |
| Pool balance | $1,644.9MM | $1,749.4MM | $1,683.4MM | $2,159.2MM | $1,397.8MM | $1,841.9MM |
| WA Credit Score | 781+11 | 774 | 754 | 768 | 783 | 770 |
| WA APR | 6.08%+1.29pp | 4.68% | 4.79% | 4.88% | 4.62% | 5.96% |
| WA original term mo | 13.0−51.9 | — | 64.9 mo | 61.2 mo | — | 65.4 mo |
| % new vehicles | 87.9% | 80.0% | 94.2% | 86.2% | 10.0% | 90.0% |
| Reserve % | 0.24% | 0.22% | 0.23% | 0.25% | 0.25% | 0.25% |
| Geo top-3 | TX 13.9% FL 7.0% MI 5.6% | TX 13.9% CA 10.6% FL 8.3% | TX 16.1% CA 8.6% FL 8.5% | CA 17.5% TX 9.9% FL 6.9% | TX 17.1% FL 8.8% CA 6.2% | TX 17.3% CA 15.6% PA 4.5% |
| Structure (at issuance) | ||||||
| AAA spread | +33 bps−5bps | +36 bps | +32 bps | +45 bps | +38 bps | +39 bps |
| AAA % of pool | 73.4%+3.9pp | 68.9% | 69.5% | 73.4% | 67.6% | 73.7% |
| Subordination below AAA | 3.0%+3.0pp | 0.0% | 4.7% | 0.0% | 0.0% | 2.4% |
| OC (initial) | 2.75% | 4.00% | 2.00% | — | 4.00% | 0.85% |
| OC target | 2.75% | — | 2.00% | — | 4.00% | 0.85% |
| OC floor | 2.75% | — | 2.00% | — | 4.00% | 0.85% |
| YSOC | 3.13% | 10.68% | 6.20% | 5.38% | 6.85% | 4.99% |
| Tranches | 7 | 5 | 7 | 4 | 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 (169 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.