AmeriCredit Automobile Receivables Trust 2010-3 Inactive
Filed: 23 Sep 10, 12:00am
Exhibit 99.1
Composition of Automobile Loan Contracts
as of the Cutoff Date
9/20/2010
| New | Used | Total | |||||||
Aggregate Principal Balance(1) | $ | 337,065,268.69 | $ | 591,902,703.01 | $ | 928,967,971.70 | |||
Number of Receivables in Pool | 14,564 | 35,294 | 49,858 | ||||||
Percent of Pool by Principal Balance | 36.28% | 63.72% | 100.00% | ||||||
Average Principal Balance | $ | 23,143.73 | $ | 16,770.63 | $ | 18,632.28 | |||
Range of Principal Balances | ($ | 479.55 to $77,875.77) | ($ | 295.25 to $57,149.21) | ($ | 295.25 to $77,875.77) | |||
Weighted Average APR(1) | 13.90% | 16.98% | 15.86% | ||||||
Range of APRs | (1.00% to 24.99%) | (3.00% to 27.99%) | (1.00% to 27.99%) | ||||||
Weighted Average Remaining Term | 69 months | 65 months | 66 months | ||||||
Range of Remaining Terms | (3 to 72 months) | (3 to 72 months) | (3 to 72 months) | ||||||
Weighted Average Original Term | 72 months | 67 months | 69 months | ||||||
Range of Original Terms | (36 to 72 months) | (24 to 72 months) | (24 to 72 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 aggregate yield on the Aggregate Principal Balance. |
Distribution of the Automobile Loan Contracts by Score
as of the Cutoff Date
9/20/2010
AmeriCredit Score (1) | Percent of Aggregate Principal Balance(2) | Credit Bureau Score (3) | Percent of Aggregate Principal Balance (2) | |||||||
| Less than 215 | 2.69 | % | ||||||||
| 215-224 | 9.59 | % | Less than 540 | 20.26 | % | |||||
| 225-244 | 37.31 | % | 540-599 | 47.76 | % | |||||
| 245-259 | 27.36 | % | 600-659 | 27.19 | % | |||||
| 260 and greater | 23.06 | % | 660 and greater | 4.80 | % | |||||
Weighted Average Score | 246 | 579 | ||||||||
| (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 |
| (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. |
Distribution of the Automobile Loan Contracts by APR
as of the Cutoff Date
9/20/2010
Distribution by APR | Aggregate Principal Balance(1) | Percent of Aggregate Principal Balance(2) | Number of Automobile Loan Contracts | Percent of Number of Automobile Loan Contracts (2) | |||||
1.000%-1.999% | $ | 51,453.83 | 0.01% | 3 | 0.01% | ||||
2.000%-2.999% | 532,402.58 | 0.06% | 19 | 0.04% | |||||
3.000%-3.999% | 2,642,374.28 | 0.28% | 111 | 0.22% | |||||
4.000%-4.999% | 3,746,327.21 | 0.40% | 141 | 0.28% | |||||
5.000%-5.999% | 7,276,776.62 | 0.78% | 260 | 0.52% | |||||
6.000%-6.999% | 3,959,544.15 | 0.43% | 150 | 0.30% | |||||
7.000%-7.999% | 13,923,548.45 | 1.50% | 539 | 1.08% | |||||
8.000%-8.999% | 12,018,238.15 | 1.29% | 516 | 1.03% | |||||
9.000%-9.999% | 20,633,437.80 | 2.22% | 943 | 1.89% | |||||
10.000%-10.999% | 28,413,739.89 | 3.06% | 1,403 | 2.81% | |||||
11.000%-11.999% | 42,290,797.62 | 4.55% | 2,080 | 4.17% | |||||
12.000%-12.999% | 54,682,524.52 | 5.89% | 2,772 | 5.56% | |||||
13.000%-13.999% | 72,217,902.73 | 7.77% | 3,682 | 7.38% | |||||
14.000%-14.999% | 96,408,938.40 | 10.38% | 4,922 | 9.87% | |||||
15.000%-15.999% | 96,247,679.89 | 10.36% | 5,050 | 10.13% | |||||
16.000%-16.999% | 106,003,710.53 | 11.41% | 5,604 | 11.24% | |||||
17.000%-17.999% | 95,402,366.87 | 10.27% | 5,249 | 10.53% | |||||
18.000%-18.999% | 116,091,240.42 | 12.50% | 6,526 | 13.09% | |||||
19.000%-19.999% | 52,774,334.98 | 5.68% | 3,139 | 6.30% | |||||
20.000%-20.999% | 44,309,684.21 | 4.77% | 2,731 | 5.48% | |||||
21.000%-21.999% | 29,311,054.15 | 3.16% | 1,929 | 3.87% | |||||
22.000%-22.999% | 15,592,757.79 | 1.68% | 1,017 | 2.04% | |||||
23.000%-23.999% | 9,253,129.58 | 1.00% | 666 | 1.34% | |||||
24.000%-24.999% | 4,329,449.30 | 0.47% | 336 | 0.67% | |||||
25.000%-25.999% | 693,411.18 | 0.07% | 55 | 0.11% | |||||
26.000%-26.999% | 105,250.95 | 0.01% | 9 | 0.02% | |||||
27.000%-27.999% | 55,895.62 | 0.01% | 6 | 0.01% | |||||
TOTAL | $ | 928,967,971.70 | 100.00% | 49,858 | 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. |
Distribution of the Automobile Loan Contracts by Geographic Location of Obligor
as of the Cutoff Date
9/20/2010
Geographic Location | Aggregate Principal Balance as of Cutoff Date(1) | Percent of Aggregate Principal Balance(2) | Number of Receivables | Percent of Number of Receivables(2) | |||||
Alabama | $ | 14,458,072.56 | 1.56% | 721 | 1.45% | ||||
Alaska | 1,435,199.28 | 0.15% | 74 | 0.15% | |||||
Arizona | 23,565,991.41 | 2.54% | 1,231 | 2.47% | |||||
Arkansas | 10,445,349.57 | 1.12% | 553 | 1.11% | |||||
California | 85,584,966.46 | 9.21% | 4,529 | 9.08% | |||||
Colorado | 21,483,021.00 | 2.31% | 1,168 | 2.34% | |||||
Connecticut | 5,471,700.88 | 0.59% | 296 | 0.59% | |||||
Delaware | 4,622,491.74 | 0.50% | 260 | 0.52% | |||||
District of Columbia | 1,720,010.70 | 0.19% | 87 | 0.17% | |||||
Florida | 75,051,269.90 | 8.08% | 4,238 | 8.50% | |||||
Georgia | 24,413,431.21 | 2.63% | 1,231 | 2.47% | |||||
Hawaii | 2,043,950.61 | 0.22% | 111 | 0.22% | |||||
Idaho | 1,654,913.39 | 0.18% | 97 | 0.19% | |||||
Illinois | 36,643,708.66 | 3.94% | 1,958 | 3.93% | |||||
Indiana | 22,977,123.54 | 2.47% | 1,262 | 2.53% | |||||
Iowa | 5,176,947.33 | 0.56% | 303 | 0.61% | |||||
Kansas | 5,948,665.12 | 0.64% | 310 | 0.62% | |||||
Kentucky | 13,571,912.99 | 1.46% | 750 | 1.50% | |||||
Louisiana | 15,586,781.45 | 1.68% | 775 | 1.55% | |||||
Maine | 2,570,106.17 | 0.28% | 151 | 0.30% | |||||
Maryland | 24,504,931.84 | 2.64% | 1,305 | 2.62% | |||||
Massachusetts | 13,284,664.84 | 1.43% | 787 | 1.58% | |||||
Michigan | 34,352,482.71 | 3.70% | 1,932 | 3.88% | |||||
Minnesota | 8,826,785.10 | 0.95% | 525 | 1.05% | |||||
Mississippi | 6,239,587.76 | 0.67% | 329 | 0.66% | |||||
Missouri | 20,145,022.00 | 2.17% | 1,170 | 2.35% | |||||
Montana | 1,670,847.62 | 0.18% | 87 | 0.17% | |||||
Nebraska | 2,991,192.73 | 0.32% | 173 | 0.35% | |||||
Nevada | 5,973,838.18 | 0.64% | 317 | 0.64% | |||||
New Hampshire | 3,315,142.00 | 0.36% | 204 | 0.41% | |||||
New Jersey | 21,838,329.81 | 2.35% | 1,186 | 2.38% | |||||
New Mexico | 8,823,846.14 | 0.95% | 433 | 0.87% | |||||
New York | 35,627,122.55 | 3.84% | 1,970 | 3.95% | |||||
North Carolina | 28,825,658.27 | 3.10% | 1,550 | 3.11% | |||||
Ohio | 42,380,772.61 | 4.56% | 2,474 | 4.96% | |||||
Oklahoma | 14,567,423.45 | 1.57% | 774 | 1.55% | |||||
Oregon | 4,690,122.96 | 0.50% | 265 | 0.53% | |||||
Pennsylvania | 43,868,689.35 | 4.72% | 2,563 | 5.14% | |||||
Rhode Island | 1,691,206.02 | 0.18% | 97 | 0.19% | |||||
South Carolina | 7,820,531.83 | 0.84% | 428 | 0.86% | |||||
Tennessee | 12,617,056.83 | 1.36% | 683 | 1.37% | |||||
Texas | 146,811,254.86 | 15.80% | 7,017 | 14.07% | |||||
Utah | 2,710,176.71 | 0.29% | 142 | 0.28% | |||||
Virginia | 20,787,322.90 | 2.24% | 1,141 | 2.29% | |||||
Washington | 16,126,790.86 | 1.74% | 860 | 1.72% | |||||
West Virginia | 9,285,516.45 | 1.00% | 491 | 0.98% | |||||
Wisconsin | 10,255,839.51 | 1.10% | 618 | 1.24% | |||||
Wyoming | 2,305,255.83 | 0.25% | 107 | 0.21% | |||||
Other (3) | 2,204,946.01 | 0.24% | 125 | 0.25% | |||||
TOTAL | $ | 928,967,971.70 | 100.00% | 49,858 | 100.00% | ||||
| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
| (3) | States with Aggregate Principal Balances less than $1,000,000 each. |
Distribution of the Automobile Loan Contracts by Vehicle Make
as of the Cutoff Date
9/20/2010
Vehicle Make | Aggregate Principal Balance(1) | Percent of Aggregate Principal Balance(2) | Number of Automobile Loan Contracts | Percent of Number of Automobile Loan Contracts(2) | |||||||
BMW | $ | 10,955,403.33 | 1.18 | % | 484 | 0.97 | % | ||||
Buick | 9,472,887.93 | 1.02 | % | 472 | 0.95 | % | |||||
Cadillac | 18,826,725.45 | 2.03 | % | 823 | 1.65 | % | |||||
Chevrolet | 217,256,797.69 | 23.39 | % | 10,795 | 21.65 | % | |||||
Chrysler | 34,523,536.28 | 3.72 | % | 2,195 | 4.40 | % | |||||
Dodge | 83,064,867.57 | 8.94 | % | 4,505 | 9.04 | % | |||||
Ford | 105,870,708.47 | 11.40 | % | 5,604 | 11.24 | % | |||||
GMC | 33,345,513.36 | 3.59 | % | 1,343 | 2.69 | % | |||||
Honda | 27,703,028.17 | 2.98 | % | 1,582 | 3.17 | % | |||||
Hyundai | 33,656,447.30 | 3.62 | % | 2,021 | 4.05 | % | |||||
Jeep | 34,811,635.86 | 3.75 | % | 1,867 | 3.74 | % | |||||
Kia | 59,011,085.60 | 6.35 | % | 3,347 | 6.71 | % | |||||
Mazda | 15,622,154.11 | 1.68 | % | 939 | 1.88 | % | |||||
Mercedes | 13,126,492.74 | 1.41 | % | 543 | 1.09 | % | |||||
Mitsubishi | 14,029,053.41 | 1.51 | % | 806 | 1.62 | % | |||||
Nissan | 69,530,482.76 | 7.48 | % | 3,772 | 7.57 | % | |||||
Pontiac | 17,791,655.29 | 1.92 | % | 1,350 | 2.71 | % | |||||
Saturn | 10,161,981.77 | 1.09 | % | 733 | 1.47 | % | |||||
Toyota | 49,316,548.32 | 5.31 | % | 2,845 | 5.71 | % | |||||
Volkswagen | 10,893,439.58 | 1.17 | % | 669 | 1.34 | % | |||||
Other(3) | 59,997,526.71 | 6.46 | % | 3,163 | 6.34 | % | |||||
Total | $ | 928,967,971.70 | 100.00 | % | 49,858 | 100.00 | % | ||||
| (1) | Aggregate Principal Balances include some portion of accrued interest. |
| (2) | Percentages may not add to 100% because of rounding. |
| (3) | Aggregate Principal Balance of less than 1% per vehicle make. |
Distribution of the Automobile Loan Contracts by Vehicle Segment
as of the Cutoff Date
9/20/2010
Vehicle Segment(1) | Aggregate Principal Balance(2) | Percent of Aggregate Principal Balance(3) | Number of Automobile Loan Contracts | Percent of Total Number of Automobile Loan Contracts(3) | |||||||
Full-Size Car | $ | 5,505,421.06 | 0.59 | % | 297 | 0.60 | % | ||||
Full-Size Van/Truck | 129,914,911.22 | 13.98 | % | 5,531 | 11.09 | % | |||||
Full-Size SUV | 64,883,035.64 | 6.98 | % | 2,573 | 5.16 | % | |||||
Mid-Size Car | 235,128,311.06 | 25.31 | % | 13,445 | 26.97 | % | |||||
Mid-Size SUV | 222,425,536.79 | 23.94 | % | 11,465 | 23.00 | % | |||||
Economy/Compact Car | 142,179,390.09 | 15.31 | % | 9,609 | 19.27 | % | |||||
Compact Van/Truck | 53,732,102.34 | 5.78 | % | 3,210 | 6.44 | % | |||||
Sports Car | 73,476,203.42 | 7.91 | % | 3,651 | 7.32 | % | |||||
Segment Unavailable(4) | 1,723,060.08 | 0.19 | % | 77 | 0.15 | % | |||||
Total | $ | 928,967,971.70 | 100.00 | % | 49,858.00 | 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 of the cutoff date for the pool. |
Distribution of the Automobile Loan Contracts by Wholesale LTV
as of the Cutoff Date
9/20/2010
| Wholesale LTV (1) Range | Percent of Aggregate Principal Balance (2)(3) | |||
| Less than 100 | 27.35% | |||
| 100-109 | 21.89% | |||
| 110-119 | 24.21% | |||
| 120-129 | 17.66% | |||
| 130-139 | 7.66% | |||
| 140-149 | 1.16% | |||
| 150 and greater | 0.06% | |||
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 Kelly 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 loans and these loans are not included in the table above. Since these loans are not included in the Wholesale LTV table, the Aggregate Principal Balance may be less than the total pool. |
| (3) | Percentages may not add to 100% because of rounding. |