Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - AmeriCredit Automobile Receivables Trust 2016-2 | d172739d8k.htm |
Exhibit 99.1
AmeriCredit Automobile Receivables Trust 2016-2
Final Pool as of the Cutoff Date
4/6/2016
Composition of the Auto Loan Contracts
as of the Cutoff Date
| New | Used | Total | ||||||||||
| Aggregate Principal Balance (1) |
$ | 700,582,277.74 | $ | 605,180,652.84 | $ | 1,305,762,930.58 | ||||||
| Number of Automobile Loan Contracts |
29,534 | 38,066 | 67,600 | |||||||||
| Percent of Aggregate Principal Balance |
53.65 | % | 46.35 | % | 100.00 | % | ||||||
| Average Principal Balance |
$ | 23,721.21 | $ | 15,898.19 | $ | 19,316.02 | ||||||
| Range of Principal Balances |
($ | 250.70 to $84,943.92 | ) | ($ | 254.12 to $84,258.62 | ) | ($ | 250.70 to $84,943.92 | ) | |||
| Weighted Average APR (1) |
10.20 | % | 14.26 | % | 12.08% | |||||||
| Range of APRs |
(2.00% to 26.00% | ) | (2.00% to 28.99% | ) | (2.00% to 28.99% | ) | ||||||
| Weighted Average Remaining Term |
65 | 62 | 63 | |||||||||
| Range of Remaining Terms |
(3 to 75 months | ) | (3 to 75 months | ) | (3 to 75 months | ) | ||||||
| Weighted Average Original Term |
72 | 70 | 71 | |||||||||
| Range of Original Terms |
(24 to 75 months | ) | (24 to 75 months | ) | (24 to 75 months | ) | ||||||
| (1) | Aggregate Principal Balance includes some portion of accrued interest. As a result, the Weighted Average APR of the automobile loan contracts may not be equivalent to the automobile loan contracts’ aggregate yield on the Aggregate Principal Balance. |
Score Distribution of the Automobile Loan Contracts
as of the Cutoff Date
| % of Aggregate | % of Aggregate | |||||||
| Custom Score (1) | Principal Balance (2) | Credit Bureau Score (3) | Principal Balance (2) | |||||
| Less than 215 | 10.84% | |||||||
| 215-224 | 10.91% | Less than 540 | 23.74% | |||||
| 225-244 | 31.79% | 540-599 | 44.83% | |||||
| 245-259 | 22.30% | 600-659 | 29.97% | |||||
| 260 and greater | 24.16% | 660 and greater | 1.47% | |||||
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| |||||
| Weighted Average Score |
244 | 573 |
| (1) | Proprietary credit score developed and utilized by the sponsor to support the credit approval and pricing process. The scale of the proprietary score is not comparable to a credit bureau score. A custom score may not be available for a small portion of accounts originated under discontinued origination platforms and those accounts will not be included in the Custom Score table above. Since these accounts are not included in the percentages above, the Aggregate Principal Balance of the accounts based on the custom score may be less than the total pool. |
| (2) | Percentages may not add to 100% because of rounding. |
| (3) | A statistically based score (sometimes referred to as FICO score) generated by credit reporting agencies. The sponsor utilizes TransUnion, Equifax or Experian credit reports depending on the location of the obligor. Credit Bureau Scores are unavailable for some accounts and those accounts are not included in the Credit Bureau Score table above. Since these accounts are not included in the percentages above, the Aggregate Principal Balance of the accounts based on Credit Bureau Score may be less than the total pool. |
AmeriCredit Automobile Receivables Trust 2016-2
Final Pool as of the Cutoff Date
4/6/2016
Distribution of the Automobile Loan Contracts by APR
as of the Cutoff Date
| % of Total Number | ||||||||||||||||
| Aggregate Principal | % of Aggregate | Number of Automobile | of Automobile | |||||||||||||
| Distribution by APR |
Balance (1) | Principal Balance (2) | Loan Contracts | Loan Contracts (2) | ||||||||||||
| 2.000% to 2.999% |
6,472,648.47 | 0.50 | % | 224 | 0.33 | % | ||||||||||
| 3.000% to 3.999% |
23,285,687.67 | 1.78 | % | 850 | 1.26 | % | ||||||||||
| 4.000% to 4.999% |
24,249,125.79 | 1.86 | % | 918 | 1.36 | % | ||||||||||
| 5.000% to 5.999% |
37,173,861.06 | 2.85 | % | 1,219 | 1.80 | % | ||||||||||
| 6.000% to 6.999% |
103,934,973.19 | 7.96 | % | 3,809 | 5.63 | % | ||||||||||
| 7.000% to 7.999% |
102,794,292.80 | 7.87 | % | 3,868 | 5.72 | % | ||||||||||
| 8.000% to 8.999% |
92,825,204.62 | 7.11 | % | 3,977 | 5.88 | % | ||||||||||
| 9.000% to 9.999% |
107,403,844.61 | 8.23 | % | 4,968 | 7.35 | % | ||||||||||
| 10.000% to 10.999% |
97,765,690.46 | 7.49 | % | 4,615 | 6.83 | % | ||||||||||
| 11.000% to 11.999% |
110,699,888.62 | 8.48 | % | 5,685 | 8.41 | % | ||||||||||
| 12.000% to 12.999% |
88,759,604.58 | 6.80 | % | 4,780 | 7.07 | % | ||||||||||
| 13.000% to 13.999% |
82,435,964.51 | 6.31 | % | 4,716 | 6.98 | % | ||||||||||
| 14.000% to 14.999% |
77,606,209.14 | 5.94 | % | 4,623 | 6.84 | % | ||||||||||
| 15.000% to 15.999% |
71,078,077.34 | 5.44 | % | 4,305 | 6.37 | % | ||||||||||
| 16.000% to 16.999% |
70,675,957.55 | 5.41 | % | 4,446 | 6.58 | % | ||||||||||
| 17.000% to 17.999% |
63,310,645.13 | 4.85 | % | 4,035 | 5.97 | % | ||||||||||
| 18.000% to 18.999% |
63,012,563.80 | 4.83 | % | 4,180 | 6.18 | % | ||||||||||
| 19.000% to 19.999% |
27,621,769.27 | 2.12 | % | 1,982 | 2.93 | % | ||||||||||
| 20.000% to 20.999% |
23,346,827.91 | 1.79 | % | 1,770 | 2.62 | % | ||||||||||
| 21.000% to 21.999% |
14,022,527.10 | 1.07 | % | 1,163 | 1.72 | % | ||||||||||
| 22.000% to 22.999% |
7,644,622.58 | 0.59 | % | 595 | 0.88 | % | ||||||||||
| 23.000% to 23.999% |
5,593,592.18 | 0.43 | % | 484 | 0.72 | % | ||||||||||
| 24.000% to 24.999% |
3,076,950.10 | 0.24 | % | 287 | 0.42 | % | ||||||||||
| 25.000% to 25.999% |
744,360.40 | 0.06 | % | 75 | 0.11 | % | ||||||||||
| 26.000% to 26.999% |
185,330.59 | 0.01 | % | 21 | 0.03 | % | ||||||||||
| 27.000% to 27.999% |
23,257.35 | 0.00 | % | 2 | 0.00 | % | ||||||||||
| 28.000% to 28.999% |
19,453.76 | 0.00 | % | 3 | 0.00 | % | ||||||||||
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|||||||||
| TOTAL |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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| (1) | Aggregate Principal Balances include some portion of accrued interest. Indicated APRs represent APRs on principal balance net of such accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
AmeriCredit Automobile Receivables Trust 2016-2
Final Pool as of the Cutoff Date
4/6/2016
Distribution of the Automobile Loan Contracts by Geographic Location
of Obligor as of the Cutoff Date
| Aggregate | Number of | % of Total Number | ||||||||||||||
| Principal | % of Aggregate | Automobile | of Automobile | |||||||||||||
| Geographic Location |
Balance (1) | Principal Balance (2) | Loan Contracts | Loan Contracts (2) | ||||||||||||
| Alabama |
$ | 23,436,666.19 | 1.79 | % | 1,136 | 1.68 | % | |||||||||
| Alaska |
2,212,079.04 | 0.17 | % | 108 | 0.16 | % | ||||||||||
| Arizona |
24,930,367.35 | 1.91 | % | 1,241 | 1.84 | % | ||||||||||
| Arkansas |
16,010,777.69 | 1.23 | % | 771 | 1.14 | % | ||||||||||
| California |
87,821,775.78 | 6.73 | % | 4,620 | 6.83 | % | ||||||||||
| Colorado |
19,576,493.68 | 1.50 | % | 1,008 | 1.49 | % | ||||||||||
| Connecticut |
8,436,143.17 | 0.65 | % | 515 | 0.76 | % | ||||||||||
| Delaware |
4,406,734.94 | 0.34 | % | 262 | 0.39 | % | ||||||||||
| District of Columbia |
3,286,026.71 | 0.25 | % | 158 | 0.23 | % | ||||||||||
| Florida |
97,340,893.76 | 7.45 | % | 5,524 | 8.17 | % | ||||||||||
| Georgia |
56,956,772.11 | 4.36 | % | 2,637 | 3.90 | % | ||||||||||
| Hawaii |
3,770,847.99 | 0.29 | % | 199 | 0.29 | % | ||||||||||
| Idaho |
2,210,741.58 | 0.17 | % | 112 | 0.17 | % | ||||||||||
| Illinois |
47,446,966.58 | 3.63 | % | 2,611 | 3.86 | % | ||||||||||
| Indiana |
25,094,184.85 | 1.92 | % | 1,465 | 2.17 | % | ||||||||||
| Iowa |
6,017,917.82 | 0.46 | % | 362 | 0.54 | % | ||||||||||
| Kansas |
6,182,076.90 | 0.47 | % | 323 | 0.48 | % | ||||||||||
| Kentucky |
22,221,501.68 | 1.70 | % | 1,171 | 1.73 | % | ||||||||||
| Louisiana |
43,344,663.14 | 3.32 | % | 1,884 | 2.79 | % | ||||||||||
| Maine |
4,212,300.68 | 0.32 | % | 292 | 0.43 | % | ||||||||||
| Maryland |
37,261,935.82 | 2.85 | % | 1,901 | 2.81 | % | ||||||||||
| Massachusetts |
20,185,541.09 | 1.55 | % | 1,186 | 1.75 | % | ||||||||||
| Michigan |
23,610,326.79 | 1.81 | % | 1,604 | 2.37 | % | ||||||||||
| Minnesota |
9,049,427.65 | 0.69 | % | 541 | 0.80 | % | ||||||||||
| Mississippi |
20,531,320.49 | 1.57 | % | 996 | 1.47 | % | ||||||||||
| Missouri |
27,378,070.42 | 2.10 | % | 1,478 | 2.19 | % | ||||||||||
| Montana |
3,451,842.96 | 0.26 | % | 162 | 0.24 | % | ||||||||||
| Nebraska |
3,902,807.81 | 0.30 | % | 223 | 0.33 | % | ||||||||||
| Nevada |
9,159,554.56 | 0.70 | % | 427 | 0.63 | % | ||||||||||
| New Hampshire |
4,288,272.37 | 0.33 | % | 243 | 0.36 | % | ||||||||||
| New Jersey |
23,912,540.81 | 1.83 | % | 1,435 | 2.12 | % | ||||||||||
| New Mexico |
19,016,375.28 | 1.46 | % | 875 | 1.29 | % | ||||||||||
| New York |
38,870,478.12 | 2.98 | % | 2,284 | 3.38 | % | ||||||||||
| North Carolina |
41,101,478.98 | 3.15 | % | 2,041 | 3.02 | % | ||||||||||
| North Dakota |
1,508,689.38 | 0.12 | % | 81 | 0.12 | % | ||||||||||
| Ohio |
45,312,340.50 | 3.47 | % | 2,873 | 4.25 | % | ||||||||||
| Oklahoma |
25,589,776.91 | 1.96 | % | 1,180 | 1.75 | % | ||||||||||
| Oregon |
7,143,975.39 | 0.55 | % | 388 | 0.57 | % | ||||||||||
| Pennsylvania |
52,098,446.45 | 3.99 | % | 3,231 | 4.78 | % | ||||||||||
| Rhode Island |
1,850,104.86 | 0.14 | % | 127 | 0.19 | % | ||||||||||
| South Carolina |
23,783,504.42 | 1.82 | % | 1,207 | 1.79 | % | ||||||||||
| South Dakota |
1,986,173.13 | 0.15 | % | 118 | 0.17 | % | ||||||||||
| Tennessee |
29,939,935.26 | 2.29 | % | 1,476 | 2.18 | % | ||||||||||
| Texas |
252,367,314.97 | 19.33 | % | 10,984 | 16.25 | % | ||||||||||
| Utah |
5,043,475.41 | 0.39 | % | 250 | 0.37 | % | ||||||||||
| Vermont |
1,597,442.54 | 0.12 | % | 89 | 0.13 | % | ||||||||||
| Virginia |
25,783,884.13 | 1.97 | % | 1,329 | 1.97 | % | ||||||||||
| Washington |
13,827,755.71 | 1.06 | % | 735 | 1.09 | % | ||||||||||
| West Virginia |
14,054,303.16 | 1.08 | % | 719 | 1.06 | % | ||||||||||
| Wisconsin |
14,405,080.24 | 1.10 | % | 884 | 1.31 | % | ||||||||||
| Wyoming |
2,663,792.06 | 0.20 | % | 121 | 0.18 | % | ||||||||||
| Other (3) |
171,031.27 | 0.01 | % | 13 | 0.02 | % | ||||||||||
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| TOTAL |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
| (3) | States and Territories with Aggregate Principal Balances less than $1,000,000 each. |
AmeriCredit Automobile Receivables Trust 2016-2
Final Pool as of the Cutoff Date
4/6/2016
Distribution of the Automobile Loan Contracts by Wholesale LTV
as of the Cutoff Date
| % of Aggregate | ||||
| Wholesale LTV (1) Range | Principal Balance (2) (3) | |||
| Less than 100% | 27.30% | |||
| 100-109 | 22.85% | |||
| 110-119 | 22.93% | |||
| 120-129 | 17.49% | |||
| 130-139 | 8.15% | |||
| 140-149 | 1.12% | |||
| 150 and greater | 0.16% | |||
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| Weighted Average Wholesale LTV |
109% |
| (1) | Wholesale LTV is calculated using the total amount financed, which may include taxes, title fees and ancillary products over the wholesale auction value of the financed vehicle at the time the vehicle is financed. The vehicle value at origination is determined by using NADA or “Kelley Blue Book Trade-in” prices for used vehicles or dealer invoice/dealer wholesale price for new vehicles. |
| (2) | Wholesale LTV was not available or could not be calculated on certain accounts and these accounts are not included in the table above. Since these accounts are not included in the Wholesale LTV table, the Aggregate Principal Balance may be less than the total pool. |
| (3) | Percentages may not add up to 100% because of rounding. |
AmeriCredit Automobile Receivables Trust 2016-2
Final Pool as of the Cutoff Date
4/6/2016
Distribution of the Automobile Loan Contracts by Original Term
as of the Cutoff Date
| % of Total Number | ||||||||||||||||
| Original Term to | Aggregate Principal | % of Aggregate | Number of Automobile | of Automobile | ||||||||||||
| Scheduled Maturity |
Balance (1) | Principal Balance (2) | Loan Contracts | Loan Contracts (2) | ||||||||||||
| 1 - 24 months |
$ | 164,020.60 | 0.01 | % | 25 | 0.04 | % | |||||||||
| 25 - 36 months |
1,705,162.35 | 0.13 | % | 186 | 0.28 | % | ||||||||||
| 37 - 48 months |
8,137,379.99 | 0.62 | % | 705 | 1.04 | % | ||||||||||
| 49 - 60 months |
78,050,826.35 | 5.98 | % | 6,989 | 10.34 | % | ||||||||||
| 61 - 72 months |
1,181,807,361.73 | 90.51 | % | 58,633 | 86.74 | % | ||||||||||
| 73 - 75 months |
35,898,179.56 | 2.75 | % | 1,062 | 1.57 | % | ||||||||||
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| TOTAL |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
AmeriCredit Automobile Receivables Trust 2016-2
Final Pool as of the Cutoff Date
4/6/2016
Distribution of the Automobile Loan Contracts by Vehicle Make
as of the Cutoff Date
| Vehicle Make |
Aggregate Principal Balance (1) |
% of Aggregate Principal Balance (2) |
Number of Automobile Loan Contracts |
% of Total Number of Automobile Loan Contracts (2) |
||||||||||||
| Buick(3) |
$ | 33,080,213.78 | 2.53 | % | 1,518 | 2.25 | % | |||||||||
| Cadillac(3) |
37,637,835.34 | 2.88 | % | 1,455 | 2.15 | % | ||||||||||
| Chevrolet(3) |
566,920,779.30 | 43.42 | % | 26,171 | 38.71 | % | ||||||||||
| Chrysler |
27,284,320.21 | 2.09 | % | 1,794 | 2.65 | % | ||||||||||
| Dodge |
76,073,107.62 | 5.83 | % | 4,220 | 6.24 | % | ||||||||||
| Ford |
86,578,573.66 | 6.63 | % | 4,989 | 7.38 | % | ||||||||||
| GMC(3) |
87,609,020.58 | 6.71 | % | 3,283 | 4.86 | % | ||||||||||
| Honda |
27,370,078.41 | 2.10 | % | 1,708 | 2.53 | % | ||||||||||
| Hyundai |
44,227,791.86 | 3.39 | % | 2,905 | 4.30 | % | ||||||||||
| Jeep |
36,558,719.28 | 2.80 | % | 1,960 | 2.90 | % | ||||||||||
| Kia |
55,496,618.80 | 4.25 | % | 3,471 | 5.13 | % | ||||||||||
| Mitsubishi |
15,856,062.07 | 1.21 | % | 998 | 1.48 | % | ||||||||||
| Nissan |
78,994,330.12 | 6.05 | % | 4,764 | 7.05 | % | ||||||||||
| Toyota |
45,052,542.90 | 3.45 | % | 2,823 | 4.18 | % | ||||||||||
| Other (4) |
87,022,936.65 | 6.66 | % | 5,541 | 8.20 | % | ||||||||||
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| Total |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
| (3) | The total Aggregate Principal Balance of all new GM vehicles is $495,501,789.66, or approximately 38% of the total pool. The total Aggregate Principle Balance of all new GM vehicles originated under subvention programs account for approximately 28% of the total pool. |
| (4) | Aggregate Principal Balance of less than 1% of Total Aggregate Principal Balance per vehicle make. |
Distribution of the Automobile Loan Contracts by Vehicle Segment
as of the Cutoff Date
| Vehicle Segment (1) |
Aggregate Principal Balance (2) |
% of Aggregate Principal Balance (3) |
Number of Automobile Loan Contracts |
% of Total Number of Automobile Loan Contracts (3) |
||||||||||||
| Full-Size Car |
$ | 3,824,521.16 | 0.29 | % | 197 | 0.29 | % | |||||||||
| Full-Size Van/Truck |
249,569,743.04 | 19.11 | % | 9,006 | 13.32 | % | ||||||||||
| Full-Size SUV |
82,942,964.22 | 6.35 | % | 3,024 | 4.47 | % | ||||||||||
| Mid-Size Car |
332,296,150.69 | 25.45 | % | 19,103 | 28.26 | % | ||||||||||
| Mid-Size SUV |
290,090,269.69 | 22.22 | % | 15,291 | 22.62 | % | ||||||||||
| Economy/Compact Car |
221,353,683.30 | 16.95 | % | 14,359 | 21.24 | % | ||||||||||
| Compact Van/Truck |
38,818,106.49 | 2.97 | % | 2,309 | 3.42 | % | ||||||||||
| Sports Car |
86,697,792.62 | 6.64 | % | 4,306 | 6.37 | % | ||||||||||
| Segment Unavailable(4) |
169,699.37 | 0.01 | % | 5 | 0.01 | % | ||||||||||
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| Total |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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| (1) | Categories reflect consolidated categories based on J.D. Power defined segments. |
| (2) | Aggregate Principal Balances include some portion of accrued interest. |
| (3) | Percentages may not add up to 100% because of rounding. |
| (4) | Vehicle segmentation was not available for certain accounts at the time the pool was selected. |
AmeriCredit Automobile Receivables Trust 2016-2
Final Pool as of the Cutoff Date
4/6/2016
Historical Delinquency Experience of the Automobile Loan Contracts
as of the Cutoff Date
| Number of Times Ever 31 to 60 Days Delinquent |
Aggregate Principal Balance (1) |
% of Aggregate Principal Balance (2) |
Number of Automobile Loan Contracts |
% of Total Number of Automobile Loan Contracts (2) |
||||||||||||
| 0 |
$ | 1,111,464,994.24 | 85.12 | % | 51,491 | 76.17 | % | |||||||||
| 1 |
41,937,227.36 | 3.21 | % | 2,519 | 3.73 | % | ||||||||||
| 2+ |
152,360,708.98 | 11.67 | % | 13,590 | 20.10 | % | ||||||||||
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|||||||||
| Total |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
| Number of Times Ever 61 to 90 Days Delinquent |
Aggregate Principal Balance (1) |
% of Aggregate Principal Balance (2) |
Number of Automobile Loan Contracts |
% of Total Number of Automobile Loan Contracts (2) |
||||||||||||
| 0 |
$ | 1,216,065,373.12 | 93.13 | % | 59,760 | 88.40 | % | |||||||||
| 1 |
31,498,129.25 | 2.41 | % | 2,455 | 3.63 | % | ||||||||||
| 2+ |
58,199,428.21 | 4.46 | % | 5,385 | 7.97 | % | ||||||||||
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|||||||||
| Total |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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|||||||||
| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
| Number of Times Ever Greater Than 90 Days Delinquent |
Aggregate Principal Balance (1) |
% of Aggregate Principal Balance (2) |
Number of Automobile Loan Contracts |
% of Total Number of Automobile Loan Contracts (2) |
||||||||||||
| 0 |
$ | 1,290,708,928.03 | 98.85 | % | 66,182 | 97.90 | % | |||||||||
| 1 |
10,668,429.13 | 0.82 | % | 1,012 | 1.50 | % | ||||||||||
| 2+ |
4,385,573.42 | 0.34 | % | 406 | 0.60 | % | ||||||||||
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|||||||||
| Total |
$ | 1,305,762,930.58 | 100.00 | % | 67,600 | 100.00 | % | |||||||||
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| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |