| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | S&P | Moody's |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 152.0 | 16.0% | 78.7% | 3.99% fxd | 0.19 | 2026-11-16 | A-1+ | P-1 |
| Class A-2-A | 229.2 | 24.1% | 54.6% | 3.88% fxd | 1.04 | 2028-12-18 | Aaa | Aaa |
| Class A-2-B | 100.0 | 10.5% | 44.1% | +32 bps SOFR | 1.04 | 2028-12-18 | Aaa | Aaa |
| Class A-3 | 329.1 | 34.6% | 9.4% | 3.84% fxd | 2.57 | 2031-02-18 | Aaa | Aaa |
| Class A-4 | 61.1 | 6.4% | 3.0% | 3.93% fxd | 3.83 | 2032-04-16 | Aaa | Aaa |
| Class B | 14.8 | 1.6% | 1.5% | 4.16% fxd | 3.86 | 2032-04-16 | AA | Aa2 |
| Class C | 13.9 | 1.5% | 0.0% | 4.36% fxd | 3.86 | 2033-05-16 | A | A2 |
| 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 | BMO Capital Markets, Credit Agricole Securities, Deutsche Bank Securities, J.P. Morgan Securities, Wells Fargo Securities, BofA Securities |
| GMCAR 2025-4 | GMCAR 2025-3 | GMCAR 2025-2 | GMCAR 2025-1 | GMCAR 2024-4 | GMCAR 2024-3 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-11-05 | 2025-07-16 | 2025-05-14 | 2025-01-15 | 2024-10-16 | 2024-07-10 |
| Pool balance | $951.1MM | $974.1MM | $984.2MM | $1,644.9MM | $1,346.6MM | $1,420.3MM |
| WA Credit Score | 781−1 | 783 | 782 | 781 | 782 | 783 |
| WA APR | 5.86%+0.04pp | 5.70% | 5.82% | 6.08% | 5.83% | 5.69% |
| WA original term mo | 13.0−56.0 | 69.0 mo | 69.0 mo | 13.0 mo | 69.0 mo | 69.0 mo |
| % new vehicles | 87.9% | 87.9% | 87.9% | 87.9% | 87.7% | 87.7% |
| Reserve % | 0.25% | 0.25% | 0.24% | 0.24% | 0.24% | 0.24% |
| Geo top-3 | TX 14.1% FL 7.1% CA 7.0% | TX 13.7% FL 7.4% CA 6.4% | TX 12.2% FL 7.7% NY 6.2% | 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% |
| Structure (at issuance) | ||||||
| AAA spread | +32 bps−4bps | +30 bps | +45 bps | +33 bps | +40 bps | +36 bps |
| AAA % of pool | 75.6%+2.7pp | 72.9% | 73.0% | 73.4% | 72.8% | 71.4% |
| Subordination below AAA | 3.0%+0.0pp | 3.0% | 3.0% | 3.0% | 1.6% | 3.0% |
| OC (initial) | 2.75% | 2.75% | 2.75% | 2.75% | 1.50% | 1.50% |
| OC target | 2.75% | 2.75% | 2.75% | 2.75% | 2.00% | 2.00% |
| OC floor | 2.75% | 2.75% | 2.75% | 2.75% | 2.00% | 2.00% |
| YSOC | 2.68% | 3.50% | 2.86% | 3.13% | 3.04% | 4.40% |
| Tranches | 7 | 7 | 7 | 7 | 6 | 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 2025-4 | TAOT 2025-D | WOART 2025-D | FCAOT 2025-B | HART 2025-C | HAROT 2025-3 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-11-05 | 2025-10-23 | 2025-10-15 | 2025-09-26 | 2025-09-17 | 2025-08-12 |
| Pool balance | $951.1MM | $1,998.8MM | $982.7MM | $1,645.7MM | $2,148.3MM | $2,483.1MM |
| WA Credit Score | 781+12 | 771 | 757 | 752 | 772 | 769 |
| WA APR | 5.86%+0.25pp | 5.71% | 6.15% | 5.21% | 5.61% | 4.97% |
| WA original term mo | 13.0−53.0 | 65.8 mo | 68.6 mo | 66.0 mo | 67.9 mo | 61.9 mo |
| % new vehicles | 87.9% | 88.0% | 97.6% | 93.5% | 99.5% | 86.0% |
| Reserve % | 0.25% | 0.25% | 0.23% | 0.24% | 0.25% | 0.25% |
| Geo top-3 | TX 14.1% FL 7.1% CA 7.0% | CA 22.9% TX 15.8% IL 3.9% | 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% |
| Structure (at issuance) | ||||||
| AAA spread | +32 bps0bps | +32 bps | +31 bps | +30 bps | +35 bps | +35 bps |
| AAA % of pool | 75.6%+4.0pp | 73.4% | 69.9% | 71.7% | 68.9% | 72.5% |
| Subordination below AAA | 3.0%−1.2pp | 2.4% | 4.2% | 4.8% | 4.6% | 0.0% |
| OC (initial) | 2.75% | 0.85% | — | 2.00% | 3.00% | — |
| OC target | 2.75% | 0.85% | 0.90% | 2.00% | 3.00% | — |
| OC floor | 2.75% | 0.85% | 0.50% | 2.00% | 3.00% | — |
| YSOC | 2.68% | 4.94% | 6.55% | 4.06% | 5.09% | 4.77% |
| Tranches | 7 | 6 | 7 | 7 | 7 | 5 |
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 (185 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.