AmeriCredit Automobile Receivables Trust 2016-1 - FORM 8-K - EX-99.1 - January 19, 2016

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Exhibit 99.1

AmeriCredit Automobile Receivables Trust 2016-1

Final Pool as of the Cutoff Date

1/13/2016

Composition of the Auto Loan Contracts

as of the Cutoff Date

 

     New     Used     Total  

Aggregate Principal Balance (1)

    $ 726,231,294.64      $ 572,467,699.65      $ 1,298,698,994.29   

Number of Automobile Loan Contracts

      29,026        33,993        63,019   

Percent of Aggregate Principal Balance

      55.92 %      44.08 %      100.00 % 

Average Principal Balance

    $ 25,020.03      $ 16,840.75      $ 20,608.05   

Range of Principal Balances

    ($ 262.26 to $84,472.02 )    ($ 253.65 to $82,575.57 )    ($ 253.65 to $84,472.02 ) 
Weighted Average APR (1)      10.26 %      14.56 %      12.15 % 

Range of APRs

      (2.00% to 25.50% )      (2.00% to 27.99% )      (2.00% to 27.99% ) 

Weighted Average Remaining Term

      67        64        66   

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 )      (12 to 75 months )      (12 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

 

     AmeriCredit Score (1)    % of Aggregate
Principal Balance (2)		     Credit Bureau Score (3)    % of Aggregate
Principal Balance (2)		  
   Less than 215      9.23 %      
   215-224      10.17 %    Less than 540      22.45 % 
   225-244      31.33 %    540-599      45.12 % 
   245-259      23.08 %    600-659      30.71 % 
   260 and greater      26.19 %    660 and greater      1.72 % 
  

 

   

 

 

    

 

   

 

 

  
Weighted Average Score    246      576   

 

(1) Proprietary credit score developed and utilized by AmeriCredit to support the credit approval and pricing process. The scale of the proprietary score is not comparable to a credit bureau score. An AmeriCredit 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 AmeriCredit score table above. Since these accounts are not included in the percentages above, the Aggregate Principal Balance of the accounts based on the AmeriCredit 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. AmeriCredit 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 2016-1

Final Pool as of the Cutoff Date

1/13/2016

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%

      7,071,838.28         0.54 %      239         0.38 % 

3.000% to 3.999%

      29,210,516.48         2.25 %      1,016         1.61 % 

4.000% to 4.999%

      38,955,644.29         3.00 %      1,385         2.20 % 

5.000% to 5.999%

      37,606,436.69         2.90 %      1,183         1.88 % 

6.000% to 6.999%

      92,143,970.00         7.10 %      3,234         5.13 % 

7.000% to 7.999%

      88,304,684.79         6.80 %      3,240         5.14 % 

8.000% to 8.999%

      76,613,965.00         5.90 %      3,145         4.99 % 

9.000% to 9.999%

      89,163,522.38         6.87 %      3,975         6.31 % 

10.000% to 10.999%

      94,952,699.60         7.31 %      4,238         6.72 % 

11.000% to 11.999%

      125,009,883.32         9.63 %      5,954         9.45 % 

12.000% to 12.999%

      90,570,909.46         6.97 %      4,478         7.11 % 

13.000% to 13.999%

      90,080,422.79         6.94 %      4,659         7.39 % 

14.000% to 14.999%

      82,614,059.99         6.36 %      4,474         7.10 % 

15.000% to 15.999%

      76,334,890.58         5.88 %      4,268         6.77 % 

16.000% to 16.999%

      71,367,778.66         5.50 %      4,113         6.53 % 

17.000% to 17.999%

      63,140,563.44         4.86 %      3,700         5.87 % 

18.000% to 18.999%

      65,019,387.83         5.01 %      3,925         6.23 % 

19.000% to 19.999%

      29,305,952.36         2.26 %      1,933         3.07 % 

20.000% to 20.999%

      21,883,535.35         1.69 %      1,554         2.47 % 

21.000% to 21.999%

      13,351,140.76         1.03 %      991         1.57 % 

22.000% to 22.999%

      7,263,117.61         0.56 %      583         0.93 % 

23.000% to 23.999%

      5,189,354.52         0.40 %      417         0.66 % 

24.000% to 24.999%

      2,611,826.21         0.20 %      228         0.36 % 

25.000% to 25.999%

      634,147.96         0.05 %      56         0.09 % 

26.000% to 26.999%

      225,178.07         0.02 %      23         0.04 % 

27.000% to 27.999%

      73,567.87         0.01 %      8         0.01 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

TOTAL

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(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 2016-1

Final Pool as of the Cutoff Date

1/13/2016

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

    $ 22,878,537.26         1.76 %      1,055         1.67 % 

Alaska

      2,651,686.34         0.20 %      113         0.18 % 

Arizona

      28,111,038.93         2.16 %      1,306         2.07 % 

Arkansas

      15,777,997.55         1.21 %      716         1.14 % 

California

      85,388,856.02         6.57 %      4,246         6.74 % 

Colorado

      22,336,382.25         1.72 %      1,123         1.78 % 

Connecticut

      7,340,586.99         0.57 %      405         0.64 % 

Delaware

      4,185,067.64         0.32 %      226         0.36 % 

District of Columbia

      3,065,702.14         0.24 %      143         0.23 % 

Florida

      95,299,998.57         7.34 %      4,993         7.92 % 

Georgia

      59,752,058.16         4.60 %      2,634         4.18 % 

Hawaii

      3,160,785.32         0.24 %      154         0.24 % 

Idaho

      2,175,062.56         0.17 %      122         0.19 % 

Illinois

      45,920,740.83         3.54 %      2,408         3.82 % 

Indiana

      25,740,330.25         1.98 %      1,424         2.26 % 

Iowa

      6,289,478.08         0.48 %      318         0.50 % 

Kansas

      6,107,230.97         0.47 %      299         0.47 % 

Kentucky

      25,351,185.19         1.95 %      1,250         1.98 % 

Louisiana

      42,921,967.93         3.30 %      1,742         2.76 % 

Maine

      4,069,046.90         0.31 %      238         0.38 % 

Maryland

      31,620,237.57         2.43 %      1,526         2.42 % 

Massachusetts

      19,323,191.06         1.49 %      1,067         1.69 % 

Michigan

      23,974,464.54         1.85 %      1,475         2.34 % 

Minnesota

      10,321,215.03         0.79 %      557         0.88 % 

Mississippi

      23,263,317.38         1.79 %      1,036         1.64 % 

Missouri

      26,523,310.67         2.04 %      1,364         2.16 % 

Montana

      2,758,341.63         0.21 %      123         0.20 % 

Nebraska

      3,833,617.14         0.30 %      208         0.33 % 

Nevada

      9,845,723.03         0.76 %      432         0.69 % 

New Hampshire

      4,762,827.34         0.37 %      271         0.43 % 

New Jersey

      21,575,369.33         1.66 %      1,179         1.87 % 

New Mexico

      20,370,319.87         1.57 %      883         1.40 % 

New York

      39,235,906.40         3.02 %      2,065         3.28 % 

North Carolina

      40,938,960.47         3.15 %      1,930         3.06 % 

North Dakota

      1,590,762.04         0.12 %      73         0.12 % 

Ohio

      45,217,763.40         3.48 %      2,639         4.19 % 

Oklahoma

      21,807,432.94         1.68 %      990         1.57 % 

Oregon

      6,804,571.14         0.52 %      366         0.58 % 

Pennsylvania

      45,489,890.40         3.50 %      2,592         4.11 % 

Rhode Island

      2,439,156.90         0.19 %      148         0.23 % 

South Carolina

      21,948,894.04         1.69 %      1,036         1.64 % 

South Dakota

      1,520,734.64         0.12 %      88         0.14 % 

Tennessee

      32,397,640.45         2.49 %      1,497         2.38 % 

Texas

      249,935,166.12         19.25 %      10,521         16.69 % 

Utah

      5,318,855.75         0.41 %      238         0.38 % 

Vermont

      1,811,472.74         0.14 %      86         0.14 % 

Virginia

      27,050,886.08         2.08 %      1,280         2.03 % 

Washington

      15,576,867.15         1.20 %      793         1.26 % 

West Virginia

      14,573,798.22         1.12 %      676         1.07 % 

Wisconsin

      14,819,247.75         1.14 %      810         1.29 % 

Wyoming

      3,480,113.74         0.27 %      150         0.24 % 

Other (3)

      45,199.45         0.00 %      5         0.01 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

TOTAL

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(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 2016-1

Final Pool as of the Cutoff Date

1/13/2016

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%   25.84%
   100-109   22.37%
   110-119   23.36%
   120-129   18.09%
   130-139   8.79%
   140-149   1.43%
   150 and greater   0.11%
  

 

  

 

     100.00%

Weighted Average Wholesale LTV

    110%  

 

(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 2016-1

Final Pool as of the Cutoff Date

1/13/2016

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

    $ 83,617.59         0.01 %      13         0.02 % 

25 - 36 months

      1,422,386.47         0.11 %      154         0.24 % 

37 - 48 months

      8,398,776.24         0.65 %      693         1.10 % 

49 - 60 months

      76,156,858.15         5.86 %      6,477         10.28 % 

61 - 72 months

      1,176,153,212.17         90.56 %      54,442         86.39 % 

73 - 75 months

      36,484,143.67         2.81 %      1,240         1.97 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

TOTAL

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest.
(2) Percentages may not add to 100% because of rounding.

AmeriCredit Automobile Receivables Trust 2016-1

Final Pool as of the Cutoff Date

1/13/2016

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)

    $ 37,237,750.47         2.87 %      1,595         2.53 % 

Cadillac(3)

      31,932,817.65         2.46 %      1,177         1.87 % 

Chevrolet(3)

      530,885,049.83         40.88 %      23,155         36.74 % 

Chrysler

      29,669,188.66         2.28 %      1,742         2.76 % 

Dodge

      82,216,429.87         6.33 %      4,056         6.44 % 

Ford

      93,668,064.61         7.21 %      5,083         8.07 % 

GMC(3)

      82,242,202.90         6.33 %      2,819         4.47 % 

Honda

      29,468,642.15         2.27 %      1,754         2.78 % 

Hyundai

      50,611,962.37         3.90 %      3,026         4.80 % 

Jeep

      36,520,787.61         2.81 %      1,795         2.85 % 

Kia

      57,696,631.74         4.44 %      3,335         5.29 % 

Mercedes

      14,515,279.32         1.12 %      600         0.95 % 

Mitsubishi

      15,392,526.56         1.19 %      903         1.43 % 

Nissan

      84,391,930.12         6.50 %      4,757         7.55 % 

Toyota

      44,517,802.76         3.43 %      2,549         4.04 % 

Volkswagen

      13,861,011.58         1.07 %      892         1.42 % 

Other (4)

      63,870,916.09         4.92 %      3,781         6.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(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 $500,768,026.03, or approximately 39% of the total pool. The total Aggregate Principal Balance of all new GM vehicles originated under subvention programs accounts for approximately 25% of 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

    $ 3,440,850.95         0.26 %      184         0.29 % 

Full-Size Van/Truck

      241,488,965.51         18.59 %      8,072         12.81 % 

Full-Size SUV

      76,595,463.94         5.90 %      2,547         4.04 % 

Mid-Size Car

      323,599,354.09         24.92 %      17,366         27.56 % 

Mid-Size SUV

      299,333,236.39         23.05 %      14,488         22.99 % 

Economy/Compact Car

      237,447,188.71         18.28 %      14,542         23.08 % 

Compact Van/Truck

      39,027,212.73         3.01 %      2,100         3.33 % 

Sports Car

      77,470,967.98         5.97 %      3,711         5.89 % 

Segment Unavailable (4)

      295,753.99         0.02 %      9         0.01 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(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 2016-1

Final Pool as of the Cutoff Date

1/13/2016

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

    $ 1,168,509,728.78         89.98 %      52,820         83.82 % 

1

      49,539,251.18         3.81 %      2,563         4.07 % 

2+

      80,650,014.33         6.21 %      7,636         12.12 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(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

    $ 1,257,141,766.78         96.80 %      58,994         93.61 % 

1

      15,770,770.92         1.21 %      1,359         2.16 % 

2+

      25,786,456.59         1.99 %      2,666         4.23 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(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

    $ 1,292,315,796.05         99.51 %      62,331         98.91 % 

1

      4,485,557.83         0.35 %      478         0.76 % 

2+

      1,897,640.41         0.15 %      210         0.33 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,298,698,994.29         100.00 %      63,019         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest.
(2) Percentages may not add to 100% because of rounding.