<Page>
SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No. )

Filed by the Registrant / /
Filed by a party other than the Registrant / /

Check the appropriate box:
/X/ Preliminary Proxy Statement
/ / CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE
14a-6(e)(2))
/ / Definitive Proxy Statement
/ / Definitive Additional Materials
/ / Soliciting Material Pursuant to Section 240.14a-12

AMERICREDIT CORP.
- --------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)

- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

/ / No fee required.

/ / Fee computed on table below per Exchange Act Rules 14a-6(i)(4)
and 0-11.

(1) Title of each class of securities to which transaction applies:

------------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:

------------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):

------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:

------------------------------------------------------------------------
(5) Total fee paid:

------------------------------------------------------------------------

/ / Fee paid previously with preliminary materials.

/ / Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.

(1) Amount Previously Paid:

------------------------------------------------------------------------
(2) Form, Schedule or Registration Statement No.:

------------------------------------------------------------------------
(3) Filing Party:

------------------------------------------------------------------------
(4) Date Filed:

------------------------------------------------------------------------

<Page>

[AMERICREDIT LOGO] AMERICREDIT CORP.
801 Cherry Street, Suite 3900
Fort Worth, Texas 76102

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

Dear AmeriCredit Shareholder:

On Tuesday, November 6, 2001, AmeriCredit Corp. will hold its 2001
Annual Meeting of Shareholders at the Fort Worth Club, 306 West Seventh
Street, Fort Worth, Texas. The meeting will begin at 10:00 a.m.

Only shareholders who owned stock at the close of business on
Thursday, September 20, 2001 can vote at this meeting or any adjournments
that may take place. At the meeting we will:

1. Elect three members of the Board of Directors to
terms expiring in 2004;

2. Consider and vote upon the proposal to amend
AmeriCredit's Articles of Incorporation to increase
the authorized number of shares of Common Stock from
120,000,000 to 230,000,000;

3. Consider and vote upon the proposal to amend
AmeriCredit's Employee Stock Purchase Plan to
increase the number of shares of Common Stock
reserved under the Purchase Plan from 2,000,000 to
3,000,000;

4. Approve the appointment of our independent auditors
for fiscal 2002; and

5. Attend to other business properly presented at the
meeting.

Your Board of Directors recommends that you vote in favor of the
proposals outlined in the Proxy Statement.

At the meeting, we will also report on AmeriCredit's fiscal 2001
business results and other matters of interest to shareholders.

The approximate date of mailing for the Proxy Statement, proxy card
and AmeriCredit's 2001 Annual Report is September 24, 2001.

We hope you can attend the Annual Meeting. Whether or not you can
attend, please READ the enclosed Proxy Statement. When you have done so,
please MARK your votes on the enclosed proxy card, SIGN AND DATE the proxy
card, and RETURN it to us in the enclosed envelope. Your vote is important,
so please return your proxy card promptly.

Sincerely,

CHRIS A. CHOATE
SECRETARY
SEPTEMBER 23, 2001

<Page>

AMERICREDIT CORP.

PROXY STATEMENT
FOR
ANNUAL MEETING OF SHAREHOLDERS

TO BE HELD NOVEMBER 6, 2001

----------------

SOLICITATION AND REVOCABILITY OF PROXIES

The accompanying proxy is solicited by the Board of Directors on
behalf of AmeriCredit Corp., a Texas corporation ("AmeriCredit" or the
"Company"), to be voted at the 2001 Annual Meeting of Shareholders of
AmeriCredit (the "Annual Meeting") to be held on November 6, 2001, at the time
and place and for the purposes set forth in the accompanying Notice of Annual
Meeting of Shareholders (the "Notice") and at any adjournment(s) thereof. WHEN
PROXIES IN THE ACCOMPANYING FORM ARE PROPERLY EXECUTED AND RECEIVED, THE SHARES
REPRESENTED THEREBY WILL BE VOTED AT THE ANNUAL MEETING IN ACCORDANCE WITH THE
DIRECTIONS NOTED THEREON; IF NO DIRECTION IS INDICATED SUCH SHARES WILL BE
VOTED FOR THE ELECTION OF DIRECTORS AND IN FAVOR OF THE OTHER PROPOSALS SET
FORTH IN THE NOTICE.

The principal executive offices of AmeriCredit are located at 801
Cherry Street, Suite 3900, Fort Worth, Texas 76102. AmeriCredit's mailing
address is the same as its principal executive offices.

This Proxy Statement and accompanying proxy are being mailed on or
about September 24, 2001. AmeriCredit's Annual Report covering the Company's
fiscal year ended June 30, 2001 is enclosed herewith, but does not form any
part of the materials for solicitation of proxies.

The enclosed proxy, even though executed and returned, may be revoked
at any time prior to the voting of the proxy by giving written notice of
revocation to the Secretary of the Company at the Company's principal executive
offices or by executing and delivering a later-dated proxy or by attending the
Annual Meeting and voting in person. However, no such revocation shall be
effective until such notice has been received by the Company at or before the
Annual Meeting. Such revocation will not affect a vote on any matters taken
prior to receipt of such revocation. Mere attendance at the Annual Meeting will
not of itself revoke the proxy.

In addition to the solicitation of proxies by use of the mail, the
directors, officers and regular employees of the Company may solicit the return
of proxies either by mail, telephone, telegraph, or through personal contact.
Such officers and employees will not be additionally compensated but will be
reimbursed for out-of-pocket expenses. AmeriCredit has also retained Corporate
Investor Communications, Inc. ("CIC") to assist in the solicitation of proxies
from shareholders and will pay CIC a fee of approximately $8,000 for its
services and will reimburse such firm for its out-of-pocket expenses. Brokerage
houses and other custodians, nominees, and fiduciaries will be requested to
forward solicitation materials to the beneficial owners. The cost of preparing,
printing, assembling and mailing the Annual Report, the Notice, this Proxy
Statement and the enclosed proxy, as well as the cost of forwarding
solicitation materials to the beneficial owners of shares and other costs of
solicitation, will be borne by AmeriCredit.

2
<Page>

PURPOSES OF THE MEETING

At the Annual Meeting, the shareholders of AmeriCredit will consider
and vote on the following matters:

1. The election of three (3) directors to terms of office
expiring at the annual meeting of shareholders in 2004, or until their
successors are elected and qualified;

2. The approval of the proposal to amend to the Company's
Articles of Incorporation to increase the authorized number of shares
of Common Stock from 120,000,000 to 230,000,000;

3. The approval of the proposal to amend the Company's
Employee Stock Purchase Plan (the "Purchase Plan") to increase the
number of shares of the Company's Common Stock reserved under the
Purchase Plan from 2,000,000 to 3,000,000;

4. The ratification of the appointment by the Board of
Directors of PricewaterhouseCoopers LLP as independent public
accountants for the Company for the fiscal year ending June 30, 2002;
and

5. The transaction of such other business that may properly
come before the Annual Meeting or any adjournments thereof.

QUORUM AND VOTING

The record date for the determination of shareholders entitled to
notice of and to vote at the Annual Meeting was the close of business on
September 20, 2001 (the "Record Date"). On the Record Date, there were
84,308,205 shares of Common Stock of the Company, par value $0.01 per share,
outstanding, each of which is entitled to one vote on all matters to be acted
upon at the Annual Meeting. There are no cumulative voting rights. The
presence, in person or by proxy, of holders of a majority of the outstanding
shares of Common Stock entitled to vote at the meeting is necessary to
constitute a quorum to transact business. Assuming the presence of a quorum,
the affirmative vote of the holders of a plurality of the shares of Common
Stock represented at the Annual Meeting is required for the election of
directors and the affirmative vote of the holders of a majority of the shares
of Common Stock represented at the Annual Meeting is required for the approval
of the amendment to the Purchase Plan and for the ratification of the
appointment by the Board of Directors of PricewaterhouseCoopers LLP as
independent public accountants for the Company for the fiscal year ending June
30, 2002. Approval of the amendment to the Company's Articles of Incorporation
to increase the authorized number of shares of Common Stock from 120,000,000 to
230,000,000 requires the affirmative vote of at least two-thirds of the
outstanding shares entitled to vote.

Abstentions and broker non-votes are counted towards determining
whether a quorum is present. Broker non-votes will not be counted in
determining the number of shares voted for or against the proposed matters, and
therefore will not affect the outcome of the vote. Abstentions on a particular
item (other than the election of directors) will be counted as present and
voting for purposes of any item on which the abstention is noted, thus having
the effect of a "no" vote as to that proposal because each proposal (other than
the election of directors) requires the affirmative vote of a majority of the
shares voting at the meeting. With regard to the election of directors, votes
may be cast in favor of or withheld from each nominee; votes that are withheld
will be excluded entirely from the vote and will have no effect.

3
<Page>

PRINCIPAL SHAREHOLDERS AND STOCK OWNERSHIP OF MANAGEMENT

The following table and the notes thereto set forth certain
information regarding the beneficial ownership of the Company's Common Stock as
of the Record Date, by (i) each current director and nominee for director of
the Company; (ii) each Named Executive Officer (as defined in the "Executive
Compensation-Summary Compensation Table" on page __ of this Proxy Statement);
(iii) all present executive officers and directors of the Company as a group;
and (iv) each other person known to the Company to own beneficially more than
five percent of the presently outstanding Common Stock. Unless otherwise
indicated, the address for the following shareholders is 801 Cherry Street,
Suite 3900, Fort Worth, Texas 76102.

<Table>
<Caption>
Common Percent of
Stock Owned Class Owned
Beneficially (1) Beneficially (1)
---------------- ----------------

Liberty Wanger Asset Management, L.P. 5,816,900(2) 6.90%
Clifton H. Morris, Jr 2,349,610(3) 2.74%
Michael R. Barrington 1,061,746(4) 1.25%
Daniel E. Berce 1,657,865(5) 1.93%
Edward H. Esstman 875,426(6) 1.03%
A. R. Dike 115,000(7) *
James H. Greer 528,908(8) *
Douglas K. Higgins 266,000(9) *
Kenneth H. Jones, Jr 215,000(10) *
Michael T. Miller 130,316(11) *
All Present Executive Officers and Directors as a Group
(16 Persons) (3)(4)(5)(6)(7)(8)(9)(10)(11) 7,702,599 8.56%
</Table>
- ---------------
* Less than 1%

(1) Except as otherwise indicated, the persons named in the table have sole
voting and investment power with respect to the shares of Common Stock
shown as beneficially owned by them. Beneficial ownership as reported
in the above table has been determined in accordance with Rule 13d-3
under the Securities Exchange Act of 1934, as amended (the "Exchange
Act"). The percentages are based upon [84,308,205] shares outstanding
as of the Record Date, except for certain parties who hold options that
are presently exercisable or exercisable within 60 days of the Record
Date. The percentages for those parties who hold options that are
presently exercisable or exercisable within 60 days of the Record Date
are based upon the sum of [84,308,205] shares outstanding plus the
number of shares subject to options that are presently exercisable or
exercisable within 60 days of the Record Date held by them, as
indicated in the following notes.

(2) Liberty Wanger Asset Management, L.P. reports holding an aggregate of
5,816,900 shares. The address of Liberty Wanger Asset Management, L.P.
is 227 West Monroe Street, Suite 3000, Chicago, Illinois 60606.

(3) This amount includes 1,436,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days. This amount also
includes 76,272 shares of Common Stock in the name of Sheridan C.
Morris, Mr. Morris' wife.

4
<Page>

(4) This amount includes 951,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days.

(5) This amount includes 1,536,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days.

(6) This amount includes 792,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days.

(7) The amount includes 60,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days. This amount also
includes 7,000 shares of Common Stock held in the name of Sara B. Dike,
Mr. Dike's wife.

(8) This amount includes 200,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days. This amount does
not include 39,212 shares of Common Stock held by Mr. Greer's wife as
separate property, as to which Mr. Greer disclaims any beneficial
interest.

(9) This amount includes 120,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days. This amount does
not include 34,000 shares held in trust for the benefit of certain
family members of Mr. Higgins, as to which Mr. Higgins disclaims any
beneficial interest.

(10) This amount includes 180,000 shares subject to stock options that are
currently exercisable or exercisable within 60 days.

(11) This amount includes 103,680 shares subject to stock options that are
currently exercisable or exercisable within 60 days.

5
<Page>

ELECTION OF DIRECTORS
(ITEM 1)

On September 7, 1999, the Board of Directors adopted amendments to the
Company's bylaws classifying the Board of Directors into three (3) classes, as
nearly equal in number as possible, each of whom would serve for three years,
with one class being elected each year. The Board of Directors believes that
the staggered three-year term of the classified Board of Directors helps assure
the continuity and stability of management of the Company. This continuity and
stability will result from the fact that with the classified Board of
Directors, the majority of the directors at any given time will have prior
experience as directors of the Company. The classified Board of Directors is
also intended to protect shareholders' rights in the event of an acquisition of
control by an outsider which does not have the support of the Board of
Directors.

The Board of Directors has set the number of directors for the ensuing
year at eight (8). At the 2001 Annual Meeting, three (3) Class II directors
shall be elected to serve terms expiring at the 2004 Annual Meeting. All three
(3) nominees are currently members of the Board of Directors.

Vacancies occurring on the Board may be filled by the Board of
Directors for the unexpired term of the replacement director's predecessor in
office. In order to be elected, each nominee for director must receive at least
the number of votes equal to the plurality of the shares represented at the
meeting, either in person or by proxy. Unless otherwise directed in the
enclosed proxy, it is the intention of the persons named in such proxy to vote
the shares represented by such proxy for the election of the following named
nominees to the Board of Directors.

NOMINEES FOR TERMS EXPIRING IN 2004:

MICHAEL R. BARRINGTON, 42, has been a director of the Company since
1990. Mr. Barrington has been Vice Chairman, Chief Executive Officer and
President of the Company since July 2000, and was Vice Chairman, President and
Chief Operating Officer of the Company from November 1996 until July 2000. From
November 1994 until November 1996, Mr. Barrington was Executive Vice President,
Chief Operating Officer of the Company. Since its formation in July 1992, Mr.
Barrington has also been a senior executive officer of AmeriCredit Financial
Services, Inc. ("AFSI"), a subsidiary of the Company.

DOUGLAS K. HIGGINS, 51, has been a director of the Company since 1996.
Mr. Higgins is a private investor and owner of Higgins & Associates and has
been in such position since July 1994.

KENNETH H. JONES, JR., 66, has been a director of the Company since
1988. Mr. Jones, a private investor, retired as Vice Chairman of KBK Capital
Corporation ("KBK"), a publicly held non-bank commercial finance company, in
December 1999. Mr. Jones had been Vice Chairman of KBK since January 1995.
Prior to January 1995, Mr. Jones was a shareholder in the Decker, Jones,
McMackin, McClane, Hall & Bates, P.C. law firm in Fort Worth, Texas, and was
with such firm and its predecessor or otherwise involved in the private
practice of law in Fort Worth, Texas for more than five years.

6
<Page>

THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE "FOR" THE
ELECTION OF EACH OF THE INDIVIDUALS NOMINATED FOR ELECTION AS A DIRECTOR.

CONTINUING DIRECTORS:

CLIFTON H. MORRIS, JR., 66, has been a director of the Company since
1988. Mr. Morris has been Executive Chairman of the Board since July 2000, and
was Chairman of the Board and Chief Executive Officer of the Company from May
1988 until July 2000. Mr. Morris was also President of the Company from May
1988 until April 1991 and from April 1992 to November 1996. Mr. Morris is also
a director of Service Corporation International, a publicly held company that
owns and operates funeral homes and related businesses, and Cash America
International, a publicly held pawn brokerage company.

DANIEL E. BERCE, 47, has been a director of the Company since 1990.
Mr. Berce has been Vice Chairman and Chief Financial Officer of the Company
since November 1996 and was Executive Vice President, Chief Financial Officer
and Treasurer for the Company from November 1994 until November 1996. Mr. Berce
is also a director of INSpire Insurance Solutions, Inc., a publicly held
company which provides policy and claims administration services to the
property and casualty insurance industry, Curative Health Services, Inc., a
publicly held company that provides specialty health care services and AZZ
incorporated (formerly Aztec Manufacturing, Co.), a publicly held company that
manufactures specialty electrical equipment and provides galvanizing services
to the steel fabrication industry.

EDWARD H. ESSTMAN, 60, has been a director of the Company since 1996.
Mr. Esstman has been Vice Chairman of the Company since August 2001 and was
Vice Chairman, President and Chief Operating Officer, Dealer Services, of AFSI
from April 2000 until August 2001. Mr. Esstman was President and Chief
Operating Officer of AFSI from November 1996 until April 2000. Mr. Esstman was
Executive Vice President, Director of Consumer Finance Operations of AFSI from
November 1994 until November 1996, and has been a senior executive officer of
AFSI since AFSI's formation in July 1992.

A. R. DIKE, 65, has been a director of the Company since 1998. Mr.
Dike is the President and Chief Executive Officer of The Dike Company, Inc., a
private insurance agency, and has been in such position since July 1999. Prior
to July 1999, Mr. Dike was President of Willis Corroon Life, Inc. of Texas, and
was in such position for more than five years. Mr. Dike is also a director of
Cash America International.

JAMES H. GREER, 74, has been a director of the Company since 1990. Mr.
Greer is Chairman of the Board of Shelton W. Greer Co., Inc. which engineers,
manufactures, fabricates and installs building specialty products, and has been
such for more than five years. Mr. Greer is also a director of Service
Corporation International.

BOARD COMMITTEES AND MEETINGS

Standing committees of the Board include the Audit Committee, the
Stock Option/Compensation Committee and the Nominating Committee.

7
<Page>

The Audit Committee's principal responsibilities consist of (i)
recommending the selection of independent auditors, (ii) reviewing the scope of
the audit conducted by such auditors, as well as the audit itself and (iii)
reviewing the Company's internal audit activities and matters concerning
financial reporting, accounting and audit procedures, and policies generally.
Members consist of Messrs. Dike, Greer, Higgins and Jones. The "Report of the
Audit Committee" is contained in this Proxy Statement beginning on page __.

The Stock Option/Compensation Committee (i) administers the Company's
employee stock option and other stock-based compensation plans and oversees the
granting of stock options and (ii) reviews and approves compensation for
executive officers. Members consist of Messrs. Dike, Greer, Higgins and Jones.

The Nominating Committee was established in August 2001. The
Nominating Committee (i) establishes procedures for the nomination of
directors, (ii) recommends to the Board of Directors a slate of nominees for
directors to be presented on behalf of the Board for election by shareholders
at each Annual Meeting of the Company, (iii) recommends to the Board
appropriate nominees to fill Board vacancies and (iv) considers nominees to the
Board recommended by shareholders. Shareholders may nominate director nominees
for consideration by writing to the Secretary of the Company at 801 Cherry
Street, Suite 3900, Fort Worth, Texas 76102 and providing the nominee's name,
biographical data and qualifications. In order to be considered by the
Nominating Committee, prospective nominee recommendations must be received by
the Secretary no later than May 30th of the year in which the Annual Meeting is
to be held. Members consist of Messrs. Dike, Greer, Higgins and Jones.

The Board of Directors held five regularly scheduled meetings during
the fiscal year ended June 30, 2001. Various matters were also approved during
the last fiscal year by unanimous written consent of the Board of Directors. No
director attended fewer than 75% of the aggregate of (i) the total number of
meetings of the Board of Directors and (ii) the total number of meetings held
by all committees of the Board on which such director served.

DIRECTOR COMPENSATION

Members of the Board of Directors currently receive a $2,500 quarterly
retainer fee and an additional $4,000 fee for attendance at each meeting of the
Board. Members of Committees of the Board of Directors are paid $2,000 per
quarter for participation in all committee meetings held during that quarter.

At the 2000 Annual Meeting of Shareholders, the Company adopted the
2000 Limited Omnibus and Incentive Plan for AmeriCredit Corp. (the "2000
Plan"), which provides for grants to the Company's non-employee directors of
stock options and reserves, in the aggregate, a total of 2,000,000 shares of
Common Stock for issuance upon exercise of stock options granted under such
plan. On November 7, 2000, the date of the Company's 2000 Annual Meeting of
Shareholders, options to purchase 20,000 shares of Common Stock were granted
under the 2000 Plan to each of Messrs. Dike, Greer, Higgins and Jones at an
exercise price of $28.44 per share. The exercise price for the options granted
to Messrs. Dike, Greer, Higgins and Jones is equal to the last reported sale
price of the Common Stock on the New York Stock Exchange ("NYSE") on the day
preceding the date of grant. These options, which have a term of ten years, are
fully vested upon the date of grant, but may not be exercised prior to the
expiration of six months after the date of grant.

8
<Page>

The Board of Directors anticipates that an annual grant of stock
options will be authorized under the 2000 Plan to non-employee directors
following the 2001 Annual Meeting of Shareholders in amounts and upon such
terms as were authorized following the 2000 Annual Meeting of Shareholders.

COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION

No member of the Stock Option/Compensation Committee is or has been an
officer or employee of the Company or any of its subsidiaries or had any
relationship requiring disclosure pursuant to Item 404 of Regulation S-K
promulgated by the Securities and Exchange Commission ("SEC"). No member of the
Stock Option/Compensation Committee served on the compensation committee, or as
a director, of another corporation, one of whose directors or executive
officers served on the Stock Option/Compensation Committee or whose executive
officers served on the Company's Board of Directors.

EXECUTIVE COMPENSATION

SUMMARY COMPENSATION TABLE

The following sets forth information concerning the compensation of
the Company's Chief Executive Officer and each of the other four most highly
compensated executive officers of the Company (the "Named Executive Officers")
for the fiscal years shown.
<Table>
<Caption>
Long Term
Compensation Awards
-------------------
Shares of
Common Stock
Annual Compensation Underlying All Other
Name and Fiscal ------------------- Stock Options Compensation
Principal Position Year Salary (1) Bonus ($) (#) ($) (2)
- ----------------------------------- -------- ----------- -------------- ------------- -----------------------

Clifton H. Morris, Jr. 2001 380,000 525,000 -- 82,650
Executive Chairman 2000 730,000 1,050,000 -- 79,800
1999 574,815 823,973 -- 79,750

Michael R. Barrington 2001 676,000 975,000 -- 44,770
Vice Chairman, CEO & 2000 630,000 900,000 -- 43,819
President 1999 474,815 673,973 -- 44,592

Daniel E. Berce 2001 655,000 937,500 -- 47,989
Vice Chairman & CFO 2000 630,000 900,000 -- 44,566
1999 474,815 673,973 -- 44,370

Edward H. Esstman 2001 455,000 531,250 -- 48,805
Vice Chairman (3) 2000 430,000 500,000 -- 45,955
1999 384,061 448,202 -- 45,905

Michael T. Miller 2001 386,849 453,973 150,000 8,208
Executive Vice President 2000 325,000 325,000 40,000 5,340
& COO 1999 255,000 255,000 18,400 5,278
</Table>
- ------------
(1) Includes Board of Directors fees to Messrs. Morris, Barrington, Berce
and Esstman.

(2) The amounts disclosed in this column for fiscal 2001 include:

(a) Company contributions to 401(k) retirement plans on behalf of
Messrs. Morris, Berce, Esstman and Miller in the amount of
$7,650 and on behalf of Mr. Barrington in the amount of
$5,483;

(b) Payment by the Company of premiums for term life insurance on
behalf of Mr. Barrington, $1,385; Mr. Berce, $2,120; Mr.
Esstman, $3,655; and Mr. Miller, $558; and

(c) Annual premium payments under split-dollar life insurance
policies on Mr. Morris, $75,000; Mr. Barrington, $37,902; Mr.
Berce, $38,219; and Mr. Esstman, $37,500.

(3) Mr. Esstman resigned as co-Chief Operating Officer as of August 7,
2001, but will continue to serve as Vice Chairman of the Board.

9
<Page>

OPTION GRANTS IN LAST FISCAL YEAR

The following table shows all individual grants of stock options to the
Named Executive Officers of the Company during the fiscal year ended June 30,
2001.
<Table>
<Caption>
Shares of
Common Stock % of Total
Underlying Options
Options Granted to Exercise Grant Date
Granted Employees in Price Expiration Present
(#) Fiscal Year ($/Sh) Date Value ($)
------------------ ------------------ ----------- --------------- ----------------

Clifton H. Morris, Jr. -- -- -- -- --
Executive Chairman

Michael R. Barrington -- -- -- -- --
Vice Chairman, CEO &
President

Daniel E. Berce -- -- -- -- --
Vice Chairman & CFO

Edward H. Esstman -- -- -- -- --
Vice Chairman

Michael T. Miller 150,000 (1) 6.70% 28.44 11/7/2010 2,118,205 (2)
Executive Vice President
& COO
</Table>
- ------------
(1) The options granted to Mr. Miller, which expire ten years after the
grant date, become exercisable 50% on November 7, 2001 and 50% on
November 7, 2002.

(2) As suggested by the SEC's rules on executive compensation disclosure,
the Company used the Black-Scholes model of option valuation to
determine grant date pre-tax present value. The Company does not
advocate or necessarily agree that the Black-Scholes model can properly
determine the value of an option. The calculation is based on the
expectation that the options are fully exercised within five years of
the grant date and upon the following additional assumptions: annual
dividend growth of 0 percent, volatility of approximately 51%, and a
risk-free rate of return equal to 5.31%. There can be no assurance that
the amounts reflected in this column will be achieved.

10
<Page>

AGGREGATED OPTION EXERCISES IN LAST FISCAL YEAR
AND FY-END OPTION VALUES

Shown below is information with respect to the Named Executive Officers
regarding option exercises during the fiscal year ended June 30, 2001, and the
value of unexercised options held as of June 30, 2001.
<Table>
<Caption>
Shares of
Common Stock
Underlying Value of Unexercised
Unexercised In-the-Money
Options at Options at
FY-End FY-End
Shares (#) ($) (2)
Acquired on Value Exercisable/ Exercisable/
Name Exercise (#) Realized ($)(1) Unexercisable Unexercisable
- ------- -------------- ----------------- ---------------------- ----------------------------

Clifton H. Morris, Jr. 1,082,666 33,390,403 1,452,000/568,000 60,407,400/22,691,600
Executive Chairman

Michael R. Barrington 450,000 13,224,768 802,000/568,000 32,975,900/22,691,600
Vice Chairman, CEO &
President

Daniel E. Berce 582,214 18,660,516 968,000/568,000 40,271,600/22,691,600
Vice Chairman & CFO

Edward H. Esstman 300,000 7,867,081 594,000/396,000 23,730,300/15,820,200
Vice Chairman (3)

Michael T. Miller 263,760 4,421,040 0/385,040 0/12,716,328
Executive Vice President
& COO
</Table>
- ------------
(1) The "value realized" represents the difference between the exercise
price of the option shares and the market price of the option shares on
the date the options were exercised. The value realized was determined
without considering any taxes which may have been owed.

(2) Values stated are pre-tax, net of cost and are based upon the closing
price of $51.95 per share of the Company's Common Stock on the NYSE on
June 29, 2001, the last trading day of the fiscal year.

(3) Mr. Esstman resigned as co-Chief Operating Officer as of August 7,
2001, but will continue to serve as Vice Chairman of the Board.

11
<Page>

REPORT OF THE COMPENSATION COMMITTEE ON EXECUTIVE COMPENSATION

During fiscal 2001, the Stock Option/Compensation Committee of the
Board of Directors (the "Committee") was comprised of Messrs. Dike, Greer,
Higgins and Jones. The Committee is responsible for all elements of the total
compensation program for executive officers and senior management personnel of
the Company, including stock option grants and the administration of other
incentive programs.

GENERAL

The objectives of the Company's compensation strategy is as follows:
(i) to attract and retain the best possible executive talent, (ii) to motivate
its executives to achieve the Company's goals, (iii) to link executive and
shareholder interest through compensation plans that provide opportunities for
management to become substantial shareholders in the Company and (iv) to
provide a compensation package that appropriately recognizes both individual
and corporate contributions.

The Company's compensation strategy was initially developed in fiscal
1994 with the assistance of independent compensation consultants and was
reevaluated in fiscal 1996 by another independent compensation consultant. The
Committee has not authorized an evaluation of the Company's compensation
strategy or levels by outside consultants since fiscal 1996. However, the
Committee has continued to generally follow the strategies developed in prior
periods in conjunction with the outside consultants.

COMPONENTS OF COMPENSATION OF EXECUTIVE OFFICERS.

Compensation paid to the Company's Named Executive Officers in fiscal
2001 consisted of the following: base salary and annual bonus. With the
exception of Mr. Miller, no stock options or other long-term incentive awards
were made to the Company's Named Executive Officers in fiscal 2001.

BASE SALARY

Employment agreements have been entered into between the Company and
each of the Named Executive Officers. All of these employment agreements, which
are described in greater detail elsewhere in this Proxy Statement, provide for
certain minimum annual base salary with salary increases, bonuses and other
incentive awards to be made at the discretion of this Committee.

No base salary increase was made during fiscal 2001 for Mr. Morris.
Effective July 1, 2000, the Committee authorized base salary increases of
$50,000 for Mr. Barrington, $25,000 for Messrs. Berce and Esstman and $35,000
for Mr. Miller. In connection with his promotion to co-Chief Operating Officer,
Mr. Miller received a $40,000 base salary increase effective October 29, 2000.
The increases for Messrs. Barrington, Berce, Esstman and Miller were considered
appropriate in light of the continuing growth and financial success of the
Company and, in the case of Mr. Miller, his promotion to co-Chief Operating
Officer of the Company.

In light of his resignation as co-Chief Operating Officer of the
Company, Mr. Esstman's base salary was reduced from $425,000 to $225,000 as of
August 7, 2001.

12
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ANNUAL INCENTIVE

The purpose of annual incentive bonus awards is to encourage executive
officers and key management personnel to exercise their best efforts and
management skills toward achieving the Company's predetermined objectives. In
fiscal 2001, the CEO and the other Named Executive Officers received annual
incentive awards equal to between 75% and 150% of their base salary. As
described in the Company's 2000 Proxy Statement, these bonus awards were made
in return for the Company's successfully meeting earnings per share targets
established by the Committee prior to fiscal 2001. Under this plan, minimum
earnings levels were required to be obtained before any bonuses were awarded;
the plan also defined maximum award levels. Based on the Company's earnings per
share in fiscal 2001, the maximum bonus target was achieved for the CEO and the
other Named Executive Officers.

For fiscal 2002, the Committee has approved an incentive plan similar
to the plan in effect for fiscal 2001, including the establishment of earnings
per share targets and award levels associated with the Company's success in
meeting those targets.

LONG-TERM INCENTIVE

In light of the stock options granted to the Named Executive Officers
under the 1998 Limited Stock Option Plan (the "1998 Plan"), approved by
shareholders at the 1998 Annual Meeting, no stock option grants were made in
fiscal 2001 to the Named Executive Officers, other than Mr. Miller. In
connection with his promotion to co-Chief Operating Officer, Mr. Miller was
granted a stock option for 150,000 shares on November 7, 2000 at an exercise
price of $28.44 per share.

As noted in the 1998 Proxy Statement, there will be no further
stock-based, long-term incentive awards to Messrs. Morris, Barrington, Berce
and Esstman until the stock options covered by the 1998 Plan are fully vested
and exercisable. Furthermore, the 2000 Limited Omnibus and Incentive Plan for
AmeriCredit Corp. specifically provides that Messrs. Morris, Barrington, Berce
and Esstman are not eligible to participate in such Plan.

OTHER COMPENSATION PLANS

The Company maintains certain broad-based employee benefit plans in
which executive officers are permitted to participate on the same terms as
non-executive personnel who meet applicable eligibility criteria, subject to
any legal limitations on the amounts that may be contributed or the benefits
that may be payable under the plans.

In addition, the Committee has previously approved a split-dollar life
insurance program for Messrs. Morris, Barrington, Berce and Esstman. Under this
program, the Company advances annual premiums for life insurance policies on
these officers, subject to the right of the Company to recover certain amounts
in the event of the officer's death or termination of employment. As adopted by
the Committee, the annual premiums will be approximately $75,000 in the case of
Mr. Morris and $37,500 in the case of Messrs. Barrington, Berce and Esstman.

13
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STOCK OWNERSHIP GUIDELINES FOR EXECUTIVE OFFICERS

The Board of Directors also adopted an Officer Stock Loan Program to
facilitate compliance with the stock ownership guidelines. Executive officers
may utilize loan proceeds to acquire and hold common stock of the Company by
means of option exercise or otherwise. The stock to be held as a result of a
loan under the program must be pledged to the Company. The aggregate principal
balance of all outstanding loans under the program may not exceed $20,000,000
at any time. Messrs. Barrington and Berce obtained loans under this program
during fiscal 2001. The largest amount of indebtedness outstanding under Mr.
Barrington's loan was $414,813; Mr. Barrington paid off his loan on August 31,
2001. The largest amount of indebtedness outstanding under Mr. Berce's loan was
$204,263; Mr. Berce paid off his loan on February 2, 2001.

As of September 1, 2001, the value of the Company stock owned by each
executive officer subject to the stock ownership guidelines exceeded the
required amount, with the exception of four executive officers, three of whom
were newly hired or promoted into executive officer positions within the past
two years.

FISCAL 2001 COMPENSATION OF CEO

During fiscal 2001, Mr. Barrington received $650,000 in base salary, a
salary the Committee believes is in-line with the base salaries paid to the top
executive officer at similarly-sized financial services companies and at the
companies previously reviewed by the Committee located within the Dallas-Fort
Worth area. Mr. Barrington's base salary was established in July 2000 in
connection with his promotion to CEO. The salary amount shown for Mr.
Barrington in the "Executive Compensation - Summary Compensation Table" on page
__ of this Proxy Statement includes director fees in addition to his base
salary.

As discussed above, Mr. Barrington also received a cash bonus under
the 2001 incentive plan equal to 150% of his base salary, an award that
represented the maximum bonus opportunity for Mr. Barrington. No stock options
or other stock-based, long-term incentive awards were made to Mr. Barrington
during fiscal 2001.

DOUGLAS K. HIGGINS (CHAIRMAN)
A. R. DIKE
JAMES H. GREER
KENNETH H. JONES, JR.

14
<Page>

Notwithstanding anything to the contrary set forth in any of the
Company's previous filings under the Securities Act of 1933 or the Securities
Exchange Act of 1934 that might incorporate future filings, including this
Proxy Statement, in whole or in part, the preceding report and the Performance
Graph on page __ shall not be incorporated by reference into any such filings.

EMPLOYMENT CONTRACTS, TERMINATION OF EMPLOYMENT AND CHANGE-IN CONTROL
ARRANGEMENTS

The Company has entered into employment agreements with all of its
Named Executive Officers. These agreements, as amended, contain terms that
renew annually for successive five year periods (ten years in the case of Mr.
Morris), and the compensation thereunder is determined annually by the
Company's Board of Directors, subject to the following minimum annual
compensation: Mr. Morris, $350,000; Messrs. Barrington and Berce, $345,000; Mr.
Esstman, $225,000; and Mr. Miller, $255,000. Included in each agreement is a
covenant of the employee not to compete with the Company during the term of his
employment and for a period of three years thereafter. The employment
agreements also provide that if the employee is terminated by the Company other
than for cause, or in the event the employee resigns or is terminated other
than for cause within twelve months after a "change in control" of the Company
(as that term is defined in the employment agreements), the Company will pay to
the employee the remainder of his current year's salary (undiscounted) plus the
discounted present value (employing an interest rate of 8%) of two additional
years' salary. For all Named Executive Officers other than Messrs. Morris and
Esstman, "salary" includes the annual rate of compensation immediately prior to
the "change in control" plus the average annual cash bonus for the immediately
preceding three-year period; for Messrs. Morris and Esstman, "salary" includes
the highest annual rate of compensation plus the highest annual cash bonus or
other incentive payment provided in any of the seven fiscal year preceding the
year in which a "change of control" occurs.

In addition to the employment agreements described above, the terms of
all stock options granted to the Named Executive Officers provide that such
options will become immediately vested and exercisable upon the occurrence of a
change in control as defined in the stock option agreements evidencing such
grants.

The provisions and terms contained in these employment and option
agreements could have the effect of increasing the cost of a change in control
of the Company and thereby delay or hinder such a change in control.

PERFORMANCE GRAPH

The following graph presents cumulative shareholder return on the
Company's Common Stock for the five years ended June 30, 2001. The Company is
compared to the S&P 500 and the S&P Financial Index. Each Index assumes $100
invested at the beginning of the measurement

15
<Page>

period and is calculated assuming quarterly reinvestment of dividends and
quarterly weighting by market capitalization.

The data source for the graph is Media General Financial Services,
Inc., an authorized licensee of S&P.

COMPARISON OF CUMULATIVE SHAREHOLDER RETURN 1996-2001
<Table>
<Caption>
June 1996 June 1997 June 1998 June 1999 June 2000 June 2001

AmeriCredit $100.00 $134.40 $228.40 $204.80 $217.60 $664.96
S&P 500 $100.00 $134.70 $175.33 $215.22 $230.83 $196.59
S&P Financials $100.00 $152.01 $211.22 $228.70 $209.68 $258.97
</Table>

16
<Page>

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

The Company's executive officers and directors are required to file
under the Securities Exchange Act of 1934, as amended, reports of ownership and
changes of ownership with the SEC. Based solely upon information provided to
the Company by individual directors and executive officers, the Company
believes that during the fiscal year ended June 30, 2001, all filing
requirements applicable to its executive officers and directors were met.

RELATED PARTY TRANSACTIONS

The Company engages independent contractors to solicit business from
motor vehicle dealers in certain geographic locations. During fiscal 2001, one
such independent contractor was CHM Company, L.L.C. ("CHM Company"), a Delaware
limited liability company, that is controlled by Clifton H. Morris, III, an
adult son of Mr. Clifton H. Morris, Jr., Executive Chairman of the Company. A
per contract commission is paid to CHM Company for each motor vehicle contract
originated by the Company that is attributable to the marketing efforts of CHM
Company. Commission payments of $1,813,941 were made by the Company to CHM
Company during fiscal 2001. Out of payments received from the Company, CHM
Company pays all of its expenses, including salaries and benefits for its
employees and marketing representatives, office expenses, travel expenses and
promotional costs. The Company's contractual arrangement with CHM Company has
been cancelled effective December 31, 2000. Notwithstanding such cancellation,
CHM Company continues to receive monthly payments under this contract with the
Company when the motor vehicle contracts attributable to CHM Company's
marketing efforts meet certain portfolio performance criteria.

On September 21, 2000, Messrs. Barrington and Berce, executive
officers of the Company, each executed Amended and Restated Revolving Credit
Notes in the amount of $1,000,000 in favor of the Company. These Notes, which
modify and extend notes in the principal amount of $1,000,000 executed by
Messrs. Barrington and Berce in September 1999, bear interest at a rate equal
to LIBOR plus 1%, and provide that Messrs. Barrington and Berce can borrow,
repay and reborrow from time to time thereunder. The Notes mature in full on
the earlier to occur of September 20, 2001 or separation of employment for any
reason. During fiscal 2001, the largest amount of indebtedness outstanding
under Mr. Barrington's note was $970,354; Mr. Barrington paid off his note on
August 31, 2001. During fiscal 2001, the largest amount of indebtedness
outstanding under Mr. Berce's loan was $999,996; Mr. Berce paid off his loan on
May 14, 2001.

In August 2000, the Board of Directors adopted stock ownership
guidelines that are designed to encourage the accumulation of the Company's
stock by its executive officers. These guidelines, stated as a multiple of
executives' base salaries, are as follows: Chairman and Vice Chairmen, four
times; Segment Presidents and Treasurer, three times; other Executive Team
members, two times. The recommended time period for reaching the above
guidelines is the later of (i) August 1, 2003, (ii) five years from date of
hire or (iii) three years from date of promotion to an executive officer
position. Shares of the Company's stock directly owned by an executive officer
and shares owned by an officer through the Company's 401k and employee stock
purchase programs constitute qualifying ownership; stock options are not
counted towards compliance with the guidelines. The Board of Directors also
adopted an Officer Stock Loan Program to facilitate compliance with the stock
ownership guidelines. Executive officers may utilize loan proceeds to acquire
and hold common stock of the Company by means of option exercise or otherwise.
The loans, executed by executive officers, bear interest at a rate equal to
LIBOR plus 1%. The stock to be held as a result of a loan under the program
must be pledged to the Company. The aggregate principal balance of all
outstanding loans under the program may not exceed $20,000,000 at any time.
Messrs. Barrington and Berce obtained loans under this program during fiscal
2001. The largest amount of indebtedness outstanding under Mr. Barrington's
loan was $414,813; Mr. Barrington paid off his loan on August 31, 2001. The
largest amount of indebtedness outstanding under Mr. Berce's loan was $204,263;
Mr. Berce paid off his loan on February 2, 2001.

17
<Page>

APPROVAL OF THE PROPOSAL TO AMEND AMERICREDIT CORP.'S ARTICLES
OF INCORPORATION TO INCREASE THE AUTHORIZED NUMBER SHARES OF
COMMON STOCK FROM 120,000,000 TO 230,000,000.
(ITEM 2)

CURRENT USE OF SHARES

The Company's Charter currently authorizes the issuance of 120,000,000
shares of Common Stock, par value of $.01 per share. As of June 30, 2001,
89,853,792 shares were issued and outstanding (including 6,439,737 Treasury
Shares), and another 14,083,484 shares were subject to unexercised stock
options granted pursuant to the Company's stock option plans, reserved for
issuance pursuant to future grants under the Company's stock option plans, or
reserved for issuance under the Company's employee stock purchase plan. This
leaves the Company with only 16,062,724 shares currently available for other
purposes.

Additionally, the Company also has a shelf registration statement
relating to the registration of a variety of security offerings with an
aggregate offering price of up to $500,000,000 available for issuance
thereunder. The Company may choose to offer, from time to time, debt
securities, shares of preferred stock, shares of common stock, depositary
shares representing preferred stock or warrants for debt and equity securities
on such terms to be set forth in the prospectus contained in the registration
statement or in one or more supplements to such prospectuses. Any issuance of
equity securities by the Company under this registration statement would
further deplete the remaining number of authorized shares.

PROPOSED AMENDMENT

On August 7, 2001, the Board of Directors unanimously adopted a
resolution setting forth a proposed amendment to the Company's Articles of
Incorporation to increase the number of shares of Common Stock which the
Company is authorized to issue from 120,000,000 to 230,000,000. No changes are
proposed to increase the amount of authorized preferred shares of the Company.
The resolution adopted by the Board of Directors presented for approval by the
shareholders at the Annual Meeting is set forth below:

RESOLVED, that Section 4.1 of Article IV of the Articles of
Incorporation of the Company be amended so that, as amended, Section
4.1 shall read in its entirety as follows:

"4.1 The aggregate number of shares which the corporation shall have
authority to issue is Two Hundred Fifty Million (250,000,000) shares
divided into: one class of Two

18
<Page>
Hundred Thirty Million (230,000,000) shares of Common Stock of the par
value of one cent ($0.01) per share, and one class of Twenty Million
(20,000,000) shares of Preferred Stock of the par value of one cent
($0.01) per share which may be divided into and issued in series as
described herein."

PURPOSES AND POSSIBLE EFFECTS OF THE PROPOSED AMENDMENT

The Board of Directors believes that the Company's Articles of
Incorporation should be amended to allow the Company flexibility to issue
additional shares of Common Stock for corporate purposes as considered
appropriate by the Board of Directors. Such future activities may include,
without limitation, possible future financing and acquisition transactions,
increasing working capital, raising additional capital for operations of the
Company, secondary offerings, stock splits or stock dividends. As of the date
on which this Proxy Statement is being mailed, there are no arrangements,
agreements or understandings for the issuance or use of the additional shares
of authorized Common Stock other than issuances permitted or required under the
Company's stock-based employee benefits plans or awards made pursuant to those
plans.

The Board of Directors believes that the proposed amendment will
provide several long-term advantages to the Company and its shareholders. The
passage of the proposed amendment would enable the Company to pursue financings
or enter into transactions which the Board of Directors believes provide the
potential for growth and profit. If additional authorized shares are available,
transactions dependent upon the issuance of additional shares are less likely
to be undermined by delays and expenses occasioned by the need to obtain
shareholder authorization to provide the shares necessary to consummate such
transactions. Without an increase in authorized shares of Common Stock, the
Company may have to rely on debt, seek alternative financing means or forgo an
investment opportunity altogether.

In addition to the corporate purposes discussed above, the proposed
amendment could have an anti-takeover effect, although this is not the intent
of the Board of Directors. For example, if the Company were the subject of a
hostile takeover attempt, it could try to impede the takeover by issuing shares
of Common Stock, thereby diluting the voting power of the other outstanding
shares and increasing the cost of the takeover. The availability of this
defensive strategy to the Company could discourage unsolicited takeover
attempts. By potentially discouraging initiation of any such unsolicited
takeover attempts, the proposed amendment may limit the opportunity for
shareholders to realize a higher price for their shares than is generally
available in takeover attempts. The Board of Directors is not aware of any
attempt, or contemplated attempt, to acquire control of the Company, and the
Board of Directors has not presented this proposal with the intent that it be
utilized as a type of anti-takeover device.

Shareholders do not have preemptive rights or similar rights to
subscribe for or purchase any additional shares of Common Stock that may be
issued in the future. If the Board of Directors elects to issue additional
shares of Common Stock, such issuance may, depending on the circumstances, have
a dilutive effect on the earnings per share and other interests of the existing
shareholders.

VOTE NECESSARY TO APPROVE THE PROPOSED AMENDMENT

Under the Texas Business Corporation Act, adoption of the proposed
amendment requires the affirmative vote of the holders of at least two-thirds
of the outstanding shares entitled to vote at the Annual Meeting. The effect of
an abstention is the same as that of a vote against the approval of the
proposed amendment.

19
<Page>

THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE
"FOR" THE ADOPTION OF THE PROPOSAL TO AMEND AMERICREDIT CORP.'S
ARTICLES OF INCORPORATION TO INCREASE THE AUTHORIZED NUMBER
SHARES OF COMMON STOCK FROM 120,000,000 TO 230,000,000.
PROPOSAL TO AMEND THE AMERICREDIT CORP.
EMPLOYEE STOCK PURCHASE PLAN
(ITEM 3)

Since its inception, the AmeriCredit Corp. Employee Stock Purchase
Plan (the "Purchase Plan") has been a highly successful, broad-based employee
benefit plan, significant in the retention and motivation of the Company's
employees who have elected to participate therein. Under the Purchase Plan,
employees at all levels of the Company are able to participate, through stock
ownership, in the growth and financial success of the Company. As of June 30,
2001, approximately 3,050 employees were enrolled and participating in the
Purchase Plan, constituting 73% of all employees eligible to participate. The
Company anticipates that the number of shares available for issuance under the
Purchase Plan will be substantially depleted within 12-18 months.

On August 7, 2001, the Stock Option/Compensation Committee amended the
Purchase Plan to increase the number of shares of Common Stock reserved under
the Purchase Plan from 2,000,000 to 3,000,000 (the "Amendment"). On August 7,
2001, the Amendment was ratified by the Board of Directors but is subject to
shareholder approval. If approved by shareholders at the Annual Meeting, the
first sentence of paragraph 12(a) of the Purchase Plan will be amended to
provide as follows:

"The maximum number of shares of Common Stock which shall be made
available for sale under the Plan shall be Three Million (3,000,000)
shares, subject to adjustment upon changes in capitalization of the
Company as provided in paragraph 18."

The remaining language of Section 12 will not be changed and the only
effect of the Amendment will be to increase the number of shares of Common
Stock authorized and available for issuance under the terms of the Purchase
Plan.

The Amendment is necessary in order to cover future purchases by
employees participating in the Purchase Plan. With the growth in the number of
employees employed by the Company, most all of whom are eligible participants
in the Purchase Plan, the Company anticipates that the number of shares
presently reserved for issuance under the Purchase Plan may soon be depleted.
The Amendment will enable the Company to continue the purposes of the Purchase
Plan by providing additional incentives to attract, retain and motivate
employees, and to instill shareholder considerations and values in the actions
of such employees.

Since participation in the Purchase Plan is entirely voluntary on the
participant's part, it is not possible to indicate the number, names or
positions of employees who will participate in the Purchase Plan or the number
of shares of Common Stock that will be purchased by any employee under the
Purchase Plan.

20
<Page>

The primary provisions of the Purchase Plan are described in Appendix
A to this Proxy Statement. A copy of the Purchase Plan was contained in the
Company's Proxy Statement for the 1994 Annual Meeting of Shareholders and has
been filed by the Company with the Securities and Exchange Commission. Any
shareholder desiring a complete copy of the Purchase Plan may obtain it by
writing to AmeriCredit Corp., 801 Cherry Street, Suite 3900, Fort Worth, Texas
76102, Attention: Corporate Secretary.

The Company intends to register the one (1) million additional shares
of Common Stock issuable under the Amendment under the Securities Act of 1933,
assuming shareholders approve the proposal to increase the number of shares.
Shares purchased pursuant to the Purchase Plan after the effective date of such
registration could immediately be sold on the open market subject, in the case
of affiliates (as defined in Rule 144 under the Securities Act of 1933), to
compliance with the provisions of Rule 144 other than the holding requirement.

Approval of the Amendment to the Purchase Plan by shareholders of the
Company is required by the terms of the Purchase Plan. The proposal to approve
the Amendment to the Purchase Plan requires approval by the holders of a
majority of the outstanding shares of Common Stock represented at the Annual
Meeting of Shareholders.

On September , 2001, the closing price of the Company's Common Stock
on the New York Stock Exchange was $____.

21
<Page>

THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE "FOR" THE
AMENDMENT TO THE AMERICREDIT CORP. EMPLOYEE STOCK PURCHASE PLAN.

RATIFICATION OF SELECTION OF INDEPENDENT PUBLIC ACCOUNTANTS
(ITEM 4)

The Board of Directors has selected PricewaterhouseCoopers LLP as
independent public accountants for the Company to audit its consolidated
financial statements for the fiscal year ending June 30, 2002, and has
determined that it would be desirable to request that the shareholders ratify
such selection. The affirmative vote of a majority of the outstanding shares of
Common Stock voting at the Annual Meeting in person or by proxy is necessary
for the ratification of the appointment by the Board of Directors of
PricewaterhouseCoopers LLP as independent public accountants.
PricewaterhouseCoopers LLP (or the predecessor to such firm) served as the
Company's independent public accountants for the fiscal year ended June 30,
2001 and has reported on the Company's consolidated financial statements for
such year. Representatives of PricewaterhouseCoopers LLP are expected to be
present at the Annual Meeting and will be available to respond to appropriate
questions from shareholders.

Shareholder ratification is not required for the selection of
PricewaterhouseCoopers LLP, since the Board of Directors has the responsibility
for selecting the Company's independent public accountants. Nonetheless, the
selection is being submitted for ratification at the Annual Meeting with a view
towards soliciting the shareholders' opinions, which the Board of Directors
will take into consideration in future deliberations.

THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE RATIFICATION OF
PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT PUBLIC ACCOUNTANTS OF THE COMPANY FOR
THE FISCAL YEAR ENDING JUNE 30, 2002.

22
<Page>

REPORT OF THE AUDIT COMMITTEE

The Audit Committee is composed of four Directors, each of whom meets
the independence and experience requirements of the New York Stock Exchange.
The members of the Committee are Messrs. Dike, Greer, Higgins and Jones. The
Audit Committee acts under a written charter, adopted by the Board of
Directors, a copy of which is included in this Proxy Statement as Appendix B.

Management has the primary responsibilities for the financial
statements and the financial reporting process, including the system of
internal controls. The Audit Committee oversees the Company's financial
reporting process and internal controls on behalf of the Board of Directors. In
this regard, the Audit Committee helps to ensure independence of the Company's
auditors, the integrity of management and the adequacy of disclosure to
shareholders. Representatives of the internal audit department, independent
public accountants and financial management have unrestricted access to the
Audit Committee and periodically meet privately with the Audit Committee.

The Audit Committee reviewed and discussed the audited financial
statements in the Annual Report with management and the Company's independent
public accountants. The independent public accountants are responsible for
expressing an opinion on the conformity of the Company's audited financial
statements with generally accepted accounting principles, including a
discussion of the quality of the Company's accounting principles, the
reasonableness of significant judgments, the clarity of disclosures in the
financial statements and the adequacy of internal controls. The Audit Committee
discussed with the independent public accountants the results of the fiscal
2001 audit and all other matters required to be discussed by Statement on
Auditing Standards No. 61, Communications with Audit Committees. In addition,
the Committee received, reviewed and discussed the written disclosures from the
independent public accountants required by Independence Standards Board
Standard No. 1, Independence Discussions with Audit Committees. Based on the
preceding review and discussions contained in this paragraph, the Audit
Committee recommended to the Board of Directors that the audited financial
statements be included in the Company's Annual Report on Form 10-K for the
fiscal year ended June 30, 2001 for filing with the Securities and Exchange
Commission.

AUDIT FEES: Aggregate fees and costs billed to the Company by
PricewaterhouseCoopers LLP for professional services rendered for the audit of
financial statements for the fiscal year ended June 30, 2001 and for reviewing
the financial statements included in the Company's Form 10-Qs for the fiscal
year ended June 30, 2001 were $[170,023 ].

FINANCIAL INFORMATION SYSTEMS DESIGN AND IMPLEMENTATION FEES:
Aggregate fees and costs billed to the Company for the professional services
described in Paragraph (c)(4)(ii) of Rule 2-01 of Regulation S-X (relating to
financial information systems design and implementation) rendered by
PricewaterhouseCoopers LLP for the fiscal year ended June 30, 2001 were
$[478,382 ].

ALL OTHER FEES: Aggregate fees and cost billed to the Company for
services rendered by PricewaterhouseCoopers LLP for the fiscal year ended June
30, 2001, other than audit and financial information systems design and
implementation services, were $[459,147 ]. All other fees include fees and
costs for professional services rendered by PricewaterhouseCoopers LLP in
connection with the Company's securitization program and other warehouse
facility reviews.

The Audit Committee has determined that the provision of services
covered by the two preceding paragraphs is compatible with maintaining the
principal accountant's independence from the Company.

KENNETH H. JONES, JR. (CHAIRMAN)
A. R. DIKE
JAMES H. GREER
DOUGLAS K. HIGGINS

23
<Page>

OTHER BUSINESS
(ITEM 5)

The Board knows of no other business to be brought before the Annual
Meeting. If, however, any other business should properly come before the Annual
Meeting, the persons named in the accompanying proxy will vote the proxy as in
their discretion they may deem appropriate, unless they are directed by the
proxy to do otherwise.

SHAREHOLDER PROPOSALS

Pursuant to various rules promulgated by the SEC, a shareholder that
seeks to include a proposal in the Company's proxy statement and form of proxy
card for the Annual Meeting of Shareholders of the Company to be held in 2002
must timely submit such proposal in accordance with SEC Rule 14a-8 to the
Company, addressed to Chris A. Choate, Secretary, 801 Cherry Street, Suite
3900, Fort Worth, Texas 76102 no later than May 30, 2002. Further, a
shareholder may not present a proposal for inclusion in the Company's proxy
statement and form of proxy card related to the 2002 annual meeting and may not
submit a matter for consideration at the 2002 annual meeting, regardless of
whether presented for inclusion in the Company's proxy statement and form of
proxy card, unless the shareholder shall have timely complied with the
Company's bylaw requirements which set a notice deadline after which a
shareholder will not be permitted to present a proposal at the Company's
shareholder meetings. The bylaws state that in order for business to be
properly brought before an annual meeting by a shareholder, the shareholder
must have given timely notice thereof in writing to the Secretary of the
Company. To be timely, a shareholder's notice must be delivered to or mailed
and received at the principal executive offices of the Company not less than 60
days nor more than 90 days prior to the first anniversary of the preceding
year's annual meeting. A shareholder's notice to the Secretary must set forth
as to each matter the holder proposes to bring before the meeting, a brief
description of the business desired to be brought before the meeting and the
reasons for conducting such business at the meeting; the name and address, as
they appear on the Company's books, of the shareholder proposing such business
and the name and address of the beneficial owner, if any, on whose behalf the
proposal is made; the class and number of shares of the Company which are owned
beneficially and of record by such shareholder of record and by the beneficial
owner, if any, on whose behalf the proposal is being made; and any material
interest of such shareholder of record and beneficial owner, if any, on whose
behalf the proposal is made in such business. A notice given pursuant to this
provision of the Company's bylaws will not be timely with respect

24
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to the Company's 2002 meeting unless duly given by no later than September 4,
2002 and no earlier than August 5, 2002.

With respect to business to be brought before the 2001 Annual Meeting,
the Company has not received any notices from shareholders that the Company is
required to include in this Proxy Statement.

BY ORDER OF THE BOARD OF DIRECTORS

Chris A. Choate
Secretary

September 23, 2001
Fort Worth, Texas

IT IS IMPORTANT THAT PROXIES BE RETURNED PROMPTLY. SHAREHOLDERS WHO DO
NOT EXPECT TO ATTEND THE MEETING AND WISH THEIR STOCK TO BE VOTED ARE URGED TO
DATE, SIGN AND RETURN THE ACCOMPANYING PROXY IN THE ENCLOSED SELF-ADDRESSED
ENVELOPE. NO POSTAGE IS REQUIRED IF MAILED IN THE UNITED STATES.

25
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APPENDIX A

DESCRIPTION OF THE AMERICREDIT CORP.
EMPLOYEE STOCK PURCHASE PLAN

GENERAL

In July 1994, the Board of Directors authorized the adoption of the
AmeriCredit Corp. Employee Stock Purchase Plan (the "Purchase Plan") and
reserved 500,000 shares of Common Stock for issuance thereunder. In November
1994, the Purchase Plan was approved by the Shareholders of the Company. On
April 28, 1998, the Stock Option/Compensation Committee amended the Purchase
Plan to increase the number of shares of Common Stock reserved under the
Purchase Plan from 500,000 to 1,000,000 shares ("Amendment No. 1"). Amendment
No.1 was ratified by the Board of Directors as of April 28, 1998. On November
4, 1998, Amendment No.1 was adopted and approved by shareholders at the 1998
Annual Meeting. On October 1, 1998, the Company completed a two for one stock
split which increased the shares of Common Stock reserved under the Purchase
Plan to 2,000,000 shares.

On August 7, 2001, the Stock Option/Compensation Committee amended the
Purchase Plan to increase the number of shares of Common Stock reserved under
the Purchase Plan from 2,000,000 to 3,000,000 ("Amendment No. 2"). Amendment
No. 2, which was ratified by the Board of Directors, was effective August 7,
2001 but is subject to shareholder approval. If approved by shareholders at the
2001 Annual Meeting, the first sentence of paragraph 12(a) of the Purchase Plan
will be amended to provide as follows:

The maximum number of shares of the Company's Common Stock which shall
be made available for sale under the Plan shall be 3,000,000 shares,
subject to adjustment upon changes in capitalization of the Company as
provided in paragraph 18.

The remaining language of paragraph 12 will not be changed and the
only effect of Amendment No. 2 will be to increase the number of shares of
Common Stock authorized and available for issuance under the terms of the
Purchase Plan. The purpose of the Purchase Plan is to provide employees
(including officers) of the Company and its majority owned subsidiaries with an
opportunity to purchase Common Stock from the Company through payroll
deductions. The essential features of the Purchase Plan are outlined below.

OFFERING PERIOD

Offerings under the Purchase Plan have a duration of 24 months and
commence on the Monday immediately following the completion of the first
payroll period ending in December and June of each year, unless otherwise
specified by the Board of Directors. Each offering period is composed of four
six-month exercise periods. The Board of Directors has the power to alter the
duration of an offering period with respect to future offerings if announced at
least fifteen days prior to the scheduled beginning of the first offering
period to be affected.

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GRANT AND EXERCISE OF OPTION

On the first day of an offering period (the "Enrollment Date"), the
participant is granted an option to purchase on each exercise date during such
offering period up to a number of whole shares of the Common Stock determined
by dividing 10% of the participant's Compensation (as defined in the Purchase
Plan) by the lower of (i) 85% of the fair market value of a share of the Common
Stock on the Enrollment Date or (ii) 85% of the fair market value of a share of
Common Stock on the exercise date, provided that the maximum number of shares
subject to such option during such offering period shall in no event exceed
5,000 shares. The number of shares subject to such option shall be reduced, if
necessary, to maintain the limitations with respect to a participant's
ownership of stock and/or options to purchase stock possessing 5% or more of
the total combined voting power or value of all classes of stock of the Company
or any subsidiary, and to restrict a participant's right to purchase stock
under the Purchase Plan to $25,000 in fair market value of such stock
(determined at the time the option is granted) for each calendar year in which
such option is outstanding at any time. Unless the employee's participation is
discounted, his option for the purchase of shares will be exercised
automatically at the end of each six-month exercise period within the offering
period at the applicable price. To the extent an employee's payroll deductions
exceed the amount required to purchase the shares subject to option, such
excess amount shall be held in such participant's account for the next exercise
period, unless such participant has withdrawn from the offering period or
unless such offering period has terminated with such exercise date, in which
case such amount shall be returned to the employee without interest.

SHARES AVAILABLE UNDER THE PURCHASE PLAN

If Amendment No.2 is approved by shareholders, the total number of
shares of Common Stock that are issuable under the Purchase Plan will be
3,000,000, subject to adjustment as described below under "Capital Changes."

ELIGIBILITY AND PARTICIPATION

Any employee who is customarily employed for at least 20 hours per
week and more than five months per calendar year by the Company or its majority
owned subsidiaries is eligible to participate in offerings under the Purchase
Plan. Employees become participants in the Purchase Plan by delivering to the
company a subscription agreement authorizing payroll deductions within the
specified period of time prior to the commencement of each offering period.

No employee is permitted to purchase shares under the Purchase Plan if
such employee owns 5% or more of the total combined voting power or value of
all classes of shares of stock of the Company (including shares that may be
purchased under the Purchase Plan or pursuant to any other options). In
addition, no employee is entitled to purchase more than $25,000 worth of shares
(based on the fair market value of the shares at the time the option is
granted) in any calendar year.

PURCHASE PRICE

The price at which shares are sold under the Purchase Plan is
eighty-five percent (85%) of the fair market value per share of Common Stock at
either the beginning of the offering period or at the end of each six-month
exercise period, whichever is lower.

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PAYROLL DEDUCTIONS

The purchase price of the shares is accumulated by payroll deduction
over each offering period. The deductions may not be greater than 10% of a
participant's compensation. Compensation for purposes of the Purchase Plan
includes salary and commissions (excluding overtime, bonuses, special awards,
and reimbursements) plus bonuses, commissions and other incentive payments paid
during the immediately preceding twelve-month period. A participant may
decrease or, within such limits, increase his or her rate of payroll deductions
at any time during the offering period.

All payroll deductions of a participant are credited to his or her
account under the Purchase Plan and are deposited with the general funds of the
Company. Such funds may be used for any corporate purpose pending the purchase
of shares. No charges for administrative or other costs may be made by the
Company against the payroll deductions.

ADMINISTRATION

The Purchase Plan is administered by the Board of Directors or a
committee appointed by the Board. Directors who are eligible employees are
permitted to participate in the Purchase Plan; provided, however, that (i)
directors who are eligible to participate in the Purchase Plan may not vote on
any matter affecting the administration or the grant of any option pursuant to
the Purchase Plan and (ii) if a committee is established to administer the
Purchase Plan, no committee member will be eligible to participate in the
Purchase Plan.

WITHDRAWAL FROM THE PLAN

A participant may terminate his or her interest in a given offering,
or in a given exercise period, by withdrawing all, but not less than all, of
the accumulated payroll deductions credited to such participant's account at
any time prior to the end of the offering period. The withdrawal of accumulated
payroll deductions automatically terminates the employee's interest in that
offering, or exercise period, as the case may be. As soon as practicable after
such withdrawal, the payroll deductions credited to a participant's account are
returned to the participant without interest.

A participant's withdrawal from an offering does not have any effect
upon such participant's eligibility to participate in subsequent exercise
periods within the same offering period.

TERMINATION OF EMPLOYMENT

Termination of a participant's employment for any reason, including
retirement or death or the failure to remain in the continuous employ of the
Company for at least 20 hours per week (except for certain leaves of absence),
cancels his or her participation in the Purchase Plan immediately. In such
event, the payroll deductions credited to the participant's account will be
returned to the participant, or in the case of death, to the person or persons
entitled thereto, without interest.

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CAPITAL CHANGES

In the event of changes in the Common Stock of the Company due to
stock dividends or other changes in capitalization, or in the event of any
merger, sale or any other reorganization, appropriate adjustments will be made
by the Company to the shares subject to purchase and to the price per share.

NONASSIGNABILITY

No rights or accumulated payroll deductions of an employee under the
Plan may be pledged, assigned or transferred for any reason, and any such
attempt may be treated by the Company as an election to withdraw from the
Purchase Plan.

AMENDMENT AND TERMINATION OF THE PLAN

The Board of Directors of the Company may at any time amend or
terminate the Purchase Plan, except that such termination cannot affect options
previously granted, nor may any amendment make any change in an existing option
that adversely affects the rights of any participant. No amendment may be made
to the Purchase Plan without prior approval of the shareholders of the Company
if such amendment would increase the number of shares that may be issued under
the Purchase Plan, permit payroll deductions at a rate in excess of 10% of a
participant's compensation, change the designation of the employees eligible
for participation in the Purchase Plan or constitute an amendment for which
shareholder approval is required in order to comply with Rule 16b-3, or any
successor rule.

TAX INFORMATION

The Purchase Plan and the right of participants to make purchases
thereunder is intended to qualify under the provisions of Sections 421 and 423
of the Internal Revenue Code. Under these provisions, no income will be taxable
to participant at the time of grant of the option or purchase of shares. Upon
disposition of the shares, the participant will generally be subject to tax and
the amount of the tax will depend upon the holding period. If the shares have
been held by the participant for more than two years after the date of option
grant and one year from the date of option exercise, the lesser of (a) the
excess of the fair market value of the shares at the time of such disposition
over the option price, or (b) the excess of the fair market value of the shares
at the time the option was granted over the option price (which option price
will be computed as of the grant date) will be treated as ordinary income, and
any further gain will be treated as long-term capital gain. If the shares are
disposed of before the expiration of these holding periods, the excess of the
fair market value of the shares on the exercise date of the option price will
be treated as ordinary income, and any further gain or loss on such disposition
will be long or short-term capital gain or loss, depending on the holding
period. The Company is not entitled to a deduction for amounts taxed as
ordinary income or capital gain to a participant except to the extent of
ordinary income reported by participants upon disposition of shares prior to
the expiration of the holding period described above.

The foregoing is only a summary of the effect of federal income
taxation upon the participant and the Company with respect to the shares
purchased under the Purchase Plan. Reference should be made to the applicable
provisions of the Code. In addition, the summary

A-4
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does not discuss the tax consequences of a participant's death or the income
tax laws of any state or foreign country in which the participant may reside.

OTHER INFORMATION

The Purchase Plan was effective in July 1994 and will terminate in
July 2014, unless terminated earlier by the Board of Directors or extended by
the Board with the approval of shareholders.

As described above, substantially all employees of AmeriCredit are
eligible to participate in the Purchase Plan. As of June 30, 2001,
approximately 3,050 employees were enrolled and participating, representing 73%
of all AmeriCredit employees eligible to participate. Otherwise, it is not
possible to state the number of shares of Common Stock that may be purchased
under the Purchase Plan by any individual (or groups of individuals) who may
participate in the Purchase Plan.

A-5
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APPENDIX B

CHARTER OF THE AUDIT COMMITTEE
OF
THE BOARD OF DIRECTORS
OF AMERICREDIT CORP.

1. PURPOSE OF THE AUDIT COMMITTEE.

The purpose of the Audit Committee of the Board of Directors (the
"Audit Committee") of AmeriCredit Corp., a Texas corporation (the "Company"),
is to assist the Board in oversight of (1) the integrity of the financial
statements of the Company, (2) the compliance by the Company with legal and
regulatory requirements and (3) the independence and performance of the
Company's internal and external auditors.

2. MEMBERSHIP AND APPOINTMENT.

The Audit Committee shall consist of at least three (3) directors who
meet the independence and financial acumen and experience requirements of the
listing standards of the New York Stock Exchange, as amended from time to time.
The Board of Directors shall appoint the members of the Audit Committee, to
serve terms coterminous with their respective terms as directors of the Company.

3. AUTHORITY.

The Audit Committee shall have the authority to retain special legal,
accounting or other consultants to advise the Audit Committee. The Audit
Committee may request any officer or employee of the Company or the Company's
outside counsel or independent auditor to attend a meeting of the Audit
Committee or to meet with any members of or consultants to the Audit Committee.

4. REPORTING RESPONSIBILITY.

The Audit Committee shall be responsible to and shall make regular
reports to the Board of Directors.

1
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5. DUTIES OF THE AUDIT COMMITTEE.

The Audit Committee shall be responsible to the Board of Directors for
performing, and shall perform, the following duties:

(a) Review and reassess the adequacy of this Charter annually
and recommend any proposed changes to the Board of Directors for
approval;

(b) Review the annual audited financial statements with
management, including major issues regarding accounting and auditing
principles and practices as well as the adequacy of internal controls
that could significantly affect the Company's financial statements;

(c) Review an analysis prepared by management and the
independent auditor of significant financial reporting issues and
judgments made in connection with the preparation of the Company's
financial statements;

(d) Review with management and the independent auditor the
Company's quarterly financial statements prior to the release of
quarterly earnings and prior to the filing of the quarterly report with
the Securities and Exchange Commission;

(e) Meet periodically with management to review the Company's
major financial risk exposures and the steps management has taken to
monitor and control such exposures;

(f) Review major changes to the Company's auditing and
accounting principles and practices as suggested by the independent
auditor, internal auditors or management;

(g) Recommend to the Board the appointment of the independent
auditor, which firm is ultimately accountable to the Audit Committee
and the Board of Directors;

(h) Approve the fees to be paid to the independent auditor;

2
<Page>

(i) Receive periodic reports from the independent auditor
regarding the auditor's independence, discuss such reports with the
auditor, and if so determined by the Audit Committee, recommend that
the Board of Directors take appropriate action to satisfy itself of the
independence of the auditor;

(j) Evaluate the performance of the independent auditor and,
if so determined by the Audit Committee, recommend that the Board of
Directors replace the independent auditor;

(k) Review the appointment and replacement of the senior
internal auditing executive;

(l) Review the significant reports to management prepared by
the internal auditing department and management's responses;

(m) Meet with the independent auditor prior to the audit to
review the planning and staffing of the audit;

(n) Discuss with the independent auditor the matters required
to be discussed by Statement on Auditing Standards No. 61, and any
amendments thereto and reissues thereof, relating to the conduct of the
audit;

(o) Review with the independent auditor any problems or
difficulties the auditor may have encountered and any management letter
provided by the auditor and the Company's response to that letter. Such
review should include:

(1) Any difficulties encountered in the course of the
audit work, including any restrictions on the scope of
activities or access to required information;

(2) Any changes required in the planned scope of the
internal audit; and

(3) The internal audit department responsibilities
and staffing;

3
<Page>

(p) Prepare the report required by the rules of the Securities
and Exchange Commission to be included in the Company's annual proxy
statement;

(q) Advise the Board of Directors with respect to the
Company's policies and procedures regarding compliance with applicable
laws and regulations;

(r) Review with the Company's General Counsel legal matters
that may have a material impact on the financial statements, the
Company's compliance policies and any material reports or inquiries
received from regulators or governmental agencies; and

(t) Meet at least annually with the Chief Financial Officer,
the senior internal auditing executive and the independent auditor in
separate executive sessions, to discuss any matters that the Audit
Committee believes should be discussed privately.

6. NO DUTY TO AUDIT.

While the Audit Committee has the responsibilities and powers set
forth in this Charter, it is not the duty of the Audit Committee to plan or
conduct audits or to determine that the Company's financial statements are
complete and accurate and are in accordance with generally accepted accounting
principles. This is the responsibility of management and the independent
auditor. Nor is it the duty of the Audit Committee to conduct investigations,
to resolve disagreements, if any, between management and the independent
auditor or to assure compliance with laws and regulations.

4
<Page>

[AMERICREDIT LOGO]

AMERICREDIT CORP.
801 CHERRY STREET, SUITE 3900
FORT WORTH, TEXAS 76102

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

The undersigned hereby appoints Clifton H. Morris, Jr., Michael R.
Barrington and Daniel E. Berce, and each of them, as proxies, each with the
power to appoint his substitute, and hereby authorizes them to represent and
vote, as designated on the reverse side, all of the shares of the common stock
of AmeriCredit Corp. (the "Company"), held of record by the undersigned on
September 20, 2001, at the Annual Meeting of Shareholders of the Company to
be held on November 6, 2001, and any adjournments thereof.

THIS PROXY, WHEN PROPERLY EXECUTED AND DATED, WILL BE VOTED IN THE
MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER(S). IF NO DIRECTION IS
MADE, THIS PROXY WILL BE VOTED "FOR" THE ELECTION OF THE NOMINEES UNDER
PROPOSAL 1, "FOR" PROPOSAL 2, "FOR" PROPOSAL 3, "FOR" PROPOSAL 4, AND THE
PROXIES WILL USE THEIR DISCRETION WITH RESPECT TO ANY MATTER REFERRED TO IN
PROPOSAL 5.

<Page>

AMERICREDIT CORP.
801 Cherry Street, Suite 3900
Fort Worth, Texas 76102

VOTE BY INTERNET-www.proxyvote.com
Use the Internet to transmit your voting instructions and for electronic
delivery of information up until 11:59 P.M. Eastern Time the day before the
cut-off date or meeting date. Have your proxy card in hand when you access
the web site. You will be prompted to enter your 12-digit Control Number
which is located below to obtain your records and to create an electronic
voting instruction form.

VOTE BY PHONE-1-800-690-6903
Use any touch-tone telephone to transmit your voting instructions up until
11:59 P.M. Eastern Time the day before the cut-off date or meeting date. Have
your proxy card in hand when you call. You will be prompted to enter your
12-digit Control Number which is located below and then follow the simple
instructions the Vote Voice provides you.

VOTE BY MAIL
Mark, sign, and date your proxy card and return it in the postage-paid envelope
we have provided or return it to AmeriCredit Corp., 801 Cherry St., Suite 3900,
Fort Worth, Texas 67102.

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:
AMRCDT KEEP THIS PORTION FOR YOUR RECORDS
- --------------------------------------------------------------------------------
DETACH AND RETURN THIS PORTION ONLY
THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED.
AMERICREDIT
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VOTE ON DIRECTORS

1. Proposal to elect as Directors For Withhold For All To withhold authority to vote,
of the Company the following All All Except mark "For All Except" and write
persons to hold office until / / / / / / the nominee's number on the line
the annual meeting of shareholders below.
in 2004 or until their successors ________________________________
have been duly elected and have
qualified.

Nominees:
01) Michael R. Barrington
02) Douglas K. Higgins
03) Kenneth H. Jones, Jr.

VOTE ON PROPOSALS For Against Abstain
2. Proposal to amend the Articles of Incorporation to increase the authorized / / / / / /
shares of Common Stock.

3. Proposal to increase the number of reserved shares under the Employee / / / / / /
Stock Purchase Plan.

4. Proposal to ratify the appointment of PricewaterhouseCoopers as accountants / / / / / /
for the fiscal year ending June 30, 2002.

5. In their discretion, the proxies are authorized to vote upon such other / / / / / /
business as may properly come before the meeting.

(Please sign exactly as name appears hereon. Proxies should be
dated when signed. When shares are held by joint tenants, both
should sign. When signing as attorney, as executor, administrator,
trustee or guardian, please give full title as such. Only
authorized officers should sign for a corporation. If shares are
registered in more than one name, each joint owner should sign.)

PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY PROMPTLY
USING THE ENCLOSED ENVELOPE.

________________________________________ ________________________________________

________________________________________ ________________________________________
Signature (PLEASE SIGN WITHIN BOX) Date Signature (Joint Owners) Date

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