| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | S&P | Moody's |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 190.0 | 17.6% | 76.5% | 3.90% fxd | 0.24 | 2027-07-16 | A-1+ | P-1 |
| Class A-2-A | 295.6 | 27.4% | 49.1% | 4.28% fxd | 1.01 | 2029-05-16 | AAA | Aaa |
| Class A-2-B | 62.0 | 5.7% | 43.4% | +30 bps SOFR | 1.01 | 2029-05-16 | AAA | Aaa |
| Class A-3 | 357.6 | 33.1% | 10.2% | 4.44% fxd | 2.39 | 2031-07-16 | AAA | Aaa |
| Class A-4 | 78.2 | 7.2% | 3.0% | 4.56% fxd | 3.61 | 2032-03-16 | AAA | Aaa |
| Class B | 16.7 | 1.5% | 1.5% | 4.70% fxd | 3.67 | 2032-05-17 | AA | Aa2 |
| Class C | 15.7 | 1.5% | 0.0% | — | — | — | — | — |
| Sponsor | AmeriCredit Financial Services, Inc |
|---|---|
| Servicer | GM Financial |
| Depositor / Transferor | AFS SenSub Corp |
| Indenture Trustee | — |
| Owner Trustee | Wilmington Trust, National Association |
| Asset Rep. Reviewer | Clayton Fixed Income Services LLC |
| Underwriters | Credit Agricole Securities, BNP Paribas Securities, Deutsche Bank Securities, Mizuho Securities, SMBC Nikko Securities |
| GMCAR 2026-3 | GMCAR 2026-2 | GMCAR 2026-1 | GMCAR 2025-4 | GMCAR 2025-3 | GMCAR 2025-2 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2026-07-15 | 2026-04-15 | 2026-01-14 | 2025-11-05 | 2025-07-16 | 2025-05-14 |
| Pool balance | $1,078.8MM | $1,335.0MM | $1,317.6MM | $951.1MM | $974.1MM | $984.2MM |
| WA Credit Score | 7810 | 777 | 779 | 781 | 783 | 782 |
| WA APR | 5.93%+0.07pp | 6.11% | 5.97% | 5.86% | 5.70% | 5.82% |
| WA original term mo | 70.0+1.0 | 70.0 mo | 70.0 mo | 13.0 mo | 69.0 mo | 69.0 mo |
| % new vehicles | 80.8% | 80.8% | 80.8% | 87.9% | 87.9% | 87.9% |
| Reserve % | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.24% |
| Geo top-3 | TX 14.4% FL 6.8% CA 6.7% | TX 14.2% FL 7.1% CA 6.7% | TX 14.6% FL 7.1% CA 6.3% | 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% |
| Structure (at issuance) | ||||||
| AAA spread | +30 bps−2bps | +40 bps | +32 bps | +32 bps | +30 bps | +45 bps |
| AAA % of pool | 73.5%−2.1pp | 75.7% | 75.6% | 75.6% | 72.9% | 73.0% |
| Subordination below AAA | 3.0%−0.0pp | 3.0% | 3.0% | 3.0% | 3.0% | 3.0% |
| OC (initial) | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% |
| OC target | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% |
| OC floor | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% |
| YSOC | 3.18% | 2.19% | 2.44% | 2.68% | 3.50% | 2.86% |
| Tranches | 7 | 7 | 7 | 7 | 7 | 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 2026-3 | FCAOT 2026-B | HART 2026-B | NAROT 2026-A | MBART 2026-1 | HAROT 2026-2 | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2026-07-15 | 2026-06-23 | 2026-06-17 | 2026-05-27 | 2026-05-20 | 2026-05-13 |
| Pool balance | $1,078.8MM | $1,655.3MM | $2,408.5MM | $1,394.8MM | — | $2,159.3MM |
| WA Credit Score | 781+7 | 752 | 774 | 787 | 780 | 768 |
| WA APR | 5.93%+0.86pp | 5.07% | 5.17% | 4.44% | 6.37% | 4.99% |
| WA original term mo | 70.0+5.9 | 66.4 mo | 65.8 mo | — | 62.4 mo | 61.9 mo |
| % new vehicles | 80.8% | 92.6% | 99.8% | 10.9% | 48.1% | 86.1% |
| Reserve % | 0.25% | 0.24% | 0.25% | 0.25% | — | 0.25% |
| Geo top-3 | TX 14.4% FL 6.8% CA 6.7% | TX 17.3% CA 8.7% FL 8.5% | TX 13.0% FL 9.9% CA 8.5% | FL 6.8% CA 6.3% GA 3.7% | CA 20.4% FL 14.8% TX 14.0% | CA 15.3% TX 9.9% NY 6.2% |
| Structure (at issuance) | ||||||
| AAA spread | +30 bps−6bps | +14 bps | +36 bps | +43 bps | +36 bps | +38 bps |
| AAA % of pool | 73.5%+0.7pp | 90.6% | 67.0% | 69.5% | 73.6% | 72.8% |
| Subordination below AAA | 3.0%+0.2pp | 4.8% | 4.5% | 2.8% | 0.0% | 0.0% |
| OC (initial) | 2.75% | 2.00% | 3.00% | 1.00% | 2.50% | — |
| OC target | 2.75% | 2.00% | 3.00% | 1.00% | 2.50% | — |
| OC floor | 2.75% | 2.00% | 3.00% | 1.00% | 2.50% | — |
| YSOC | 3.18% | 4.61% | 6.86% | 8.14% | — | 5.10% |
| Tranches | 7 | 7 | 7 | 7 | 5 | 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 (201 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.