EX-99.1 9 dex991.htm STATISTICAL INFORMATION FOR THE RECEIVABLES AS OF THE CUTOFF DATE Statistical information for the receivables as of the Cutoff Date

Exhibit 99.1

2008-1 Wholesale Loan-to-Value(1)

 

LTV Range

    Percent of Aggregate
Principal Balance (2)		  

    <100

    9.84 %

100-109

    12.20 %

110-119

    18.44 %

120-129

    23.17 %

130-139

    22.05 %

140-149

    10.16 %

    150+

    4.10 %
      

Weighted Average LTV

    123 %

 

(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.

 

(2) A loan-to-value was not available or could not be calculated on certain loans and these loans are not included in the LTV table above. Since these loans are not included in the LTV table, the Aggregate Principal Balance may be less than the total statistical pool.

2008-1 Distribution by Manufacturer

 

Manufacturer

    Aggregate Principal
Balance as of Cutoff
Date (1)		    Percent of Aggregate
Principal Balance (2)		     Number of
Receivables		    Percent of Number of
Receivables (2)		  

Cadillac

    9,208,086.81    1.43 %   434    1.17 %

Chevrolet

    107,298,332.84    16.66 %   6,457    17.36 %

Chrysler

    35,170,681.53    5.46 %   2,087    5.61 %

Dodge

    71,979,472.46    11.18 %   3,949    10.62 %

Ford

    94,176,145.65    14.63 %   5,567    14.97 %

Gmc

    16,833,779.86    2.61 %   809    2.17 %

Honda

    20,151,472.62    3.13 %   1,162    3.12 %

Hyundai

    17,518,377.68    2.72 %   1,121    3.01 %

Jeep

    24,557,447.15    3.81 %   1,392    3.74 %

Kia

    41,108,181.95    6.38 %   2,427    6.52 %

Mazda

    10,978,569.58    1.70 %   668    1.80 %

Mercury

    6,939,129.50    1.08 %   426    1.15 %

Mitsubishi

    11,741,759.62    1.82 %   711    1.91 %

Nissan

    49,048,879.81    7.62 %   2,579    6.93 %

Pontiac

    24,441,173.22    3.80 %   1,630    4.38 %

Saturn

    8,248,867.80    1.28 %   587    1.58 %

Suzuki

    13,125,956.73    2.04 %   741    1.99 %

Toyota

    26,937,468.87    4.18 %   1,521    4.09 %

Volkswagen

    6,412,140.48    1.00 %   413    1.11 %

Other (3)

    48,043,905.63    7.46 %   2,518    6.77 %
                      

Total

    643,919,829.79    100.00 %   37,199    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 manufacturer.

DISTRIBUTION BY VEHICLE SEGMENT

 

Vehicle Segment(1)

    Aggregate Principal
Balance as of Cutoff
Date (2)		    Percent of Aggregate
Principal Balance (3)		     Number of
Receivables		    Percent of Number of
Receivables (3)		  

Full-size car

      5,552,218.77    0.86 %   372    1.00 %

Full-size van/truck

      86,991,519.63    13.51 %   4,115    11.06 %

Full-size SUV

      38,103,205.53    5.92 %   1,657    4.45 %

Mid-size SUV

      144,857,206.68    22.50 %   7,919    21.29 %

Compact van/truck

      49,286,096.31    7.65 %   3,075    8.27 %

Economy/compact car

      109,374,069.58    16.99 %   7,585    20.39 %

Mid-size car

      175,840,209.44    27.31 %   10,688    28.73 %

Sports car

      33,102,724.96    5.14 %   1,745    4.69 %

Segment Unavailable (4)

      812,578.89    0.13 %   43    0.12 %
                        

TOTAL

    $ 643,919,829.79    100.00 %   37,199    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 to 100% because of rounding.

 

(4) The vehicle segmentation was not available for certain accounts at the time of the statistical pool.

AmeriCredit Corp.

Composition of the Receivables

2008-1 Final Cut

10/6/08*

 

     New     Used     Total  

Aggregate Principal Balance (1)

    $ 165,143,249.61     $ 478,776,580.18     $ 643,919,829.79  

Number of Receivables in Pool

      7,623       29,576       37,199  

Percent of Pool by Principal Balance

      25.65 %     74.35 %     100.00 %

Average Principal Balance

    $ 21,663.81     $ 16,188.01     $ 17,310.14  

Range of Principal Balances

    ($ 251.89 to $61,231.82 )   ($ 266.46 to $63,146.45 )  

Weighted Average APR (1)

      15.68 %     16.75 %     16.47 %

Range of APRs

      (5.39% to 25.40 %)     (5.25% to 29.07% )  

Weighted Average Remaining Term

      63       61       61  

Range of Remaining Terms

      (3 to 67 months )     (3 to 68 months )  

Weighted Average Original Term

      72       70       70  

Range of Original Terms

      (36 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 Receivables may not be equivalent to the Contracts’ aggregate yield on the Aggregate Principal Balance.

Distribution of the Receivables by Score as of the Cutoff Date

 

     AmeriCredit
Score (1)		    Percent of
Aggregate
Principal
Balance (3)		     Credit
Bureau
Score (2)		    Percent of
Aggregate
Principal
Balance (3)		  
   <215    2.66 %     
   215-224    19.81 %   <540    11.14 %
   225-244    40.62 %   540-599    39.09 %
   245-259    21.35 %   600-659    37.65 %
   260+    15.56 %   660+    12.11 %
                      

Weighted Average Score

    240     601  
            

 

(1) Proprietary credit score, scaled from 135 to 320, developed and utilized by AmeriCredit to support the credit approval and pricing process.

 

(2) A statistically based score (sometimes referred to as FICO score) generated by credit reporting agencies. AmeriCredit utilizes TransUnion, Equifax or Experien 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 statistical pool.

 

(3) Percentages may not add to 100% because of rounding.

 

* Receivable information is through close of business on date indicated.

AmeriCredit Corp.

Distribution of the Receivables by APR as of the Cutoff Date

2008-1 Final Cut

10/6/08*

Distribution of the Receivables by APR as of the Cutoff Date

 

APR Range (1)

    Aggregate Principal
Balance as of Cutoff
Date		    Percent of Aggregate
Principal Balance (2)		     Number of
Receivables		    Percent of Number of
Receivables (2)		  
5.000%-5.999%    140,599.41    0.02 %   8    0.02 %
6.000%-6.999%    1,663,992.38    0.26 %   99    0.27 %
7.000%-7.999%    3,228,567.35    0.50 %   176    0.47 %
8.000%-8.999%    6,449,268.60    1.00 %   337    0.91 %
9.000%-9.999%    14,020,077.31    2.18 %   719    1.93 %
10.000%-10.999%    17,623,317.63    2.74 %   923    2.48 %
11.000%-11.999%    25,882,344.15    4.02 %   1,362    3.66 %
12.000%-12.999%    36,620,694.37    5.69 %   1,909    5.13 %
13.000%-13.999%    41,658,080.66    6.47 %   2,207    5.93 %
14.000%-14.999%    51,571,079.96    8.01 %   2,775    7.46 %
15.000%-15.999%    65,830,403.38    10.22 %   3,581    9.63 %
16.000%-16.999%    76,314,499.56    11.85 %   4,257    11.44 %
17.000%-17.999%    75,465,929.18    11.72 %   4,416    11.87 %
18.000%-18.999%    102,518,586.08    15.92 %   6,102    16.40 %
19.000%-19.999%    43,929,097.30    6.82 %   2,827    7.60 %
20.000%-20.999%    34,036,983.93    5.29 %   2,258    6.07 %
21.000%-21.999%    26,103,325.26    4.05 %   1,765    4.74 %
22.000%-22.999%    11,579,520.37    1.80 %   803    2.16 %
23.000%-23.999%    6,171,212.74    0.96 %   437    1.17 %
24.000%-24.999%    2,657,998.91    0.41 %   201    0.54 %
25.000%-25.999%    336,374.34    0.05 %   26    0.07 %
26.000%-26.999%    57,135.72    0.01 %   5    0.01 %
27.000%-27.999%    31,697.86    0.00 %   3    0.01 %
28.000%-28.999%    17,330.78    0.00 %   1    0.00 %
29.000%-29.999%    11,712.56    0.00 %   2    0.01 %
                      
TOTAL    643,919,829.79    100.00 %   37,199    100.00 %
                      

 

(1) Aggregate Principal Balances include some portion of accrued interest. Indicated APR’s represent APR’s on Principal Balance net of such accrued interest.

 

(2) Percentages may not add to 100% because of rounding.

 

* Receivable information is through close of business on date indicated.

AmeriCredit Corp.

Distribution of the Receivables by Geographic Location of Obligor

2008-1 Final Cut

10/6/08*

 

State

    Aggregate Principal
Balance as of Cutoff
Date (1)		    Percent of Aggregate
Principal Balance (2)		     Number of
Receivables		    Percent of Number of
Receivables (2)		  

Alabama

      15,495,474.46    2.41 %   863    2.32 %

Alaska

      1,849,264.54    0.29 %   100    0.27 %

Arizona

      14,857,759.42    2.31 %   813    2.19 %

Arkansas

      8,358,808.63    1.30 %   497    1.34 %

California

      49,429,320.31    7.68 %   2,607    7.01 %

Colorado

      12,291,757.48    1.91 %   685    1.84 %

Connecticut

      3,225,639.28    0.50 %   193    0.52 %

Delaware

      2,980,945.37    0.46 %   176    0.47 %

Florida

      58,934,379.78    9.15 %   3,424    9.20 %

Georgia

      26,453,887.43    4.11 %   1,461    3.93 %

Hawaii

      4,940,182.04    0.77 %   262    0.70 %

Idaho

      1,829,137.56    0.28 %   107    0.29 %

Illinois

      26,088,155.51    4.05 %   1,539    4.14 %

Indiana

      14,160,222.16    2.20 %   908    2.44 %

Iowa

      3,127,338.77    0.49 %   188    0.51 %

Kansas

      3,085,661.80    0.48 %   186    0.50 %

Kentucky

      9,924,461.21    1.54 %   604    1.62 %

Louisiana

      14,117,879.34    2.19 %   739    1.99 %

Maine

      1,791,179.67    0.28 %   126    0.34 %

Maryland

      10,675,790.20    1.66 %   601    1.62 %

Massachusetts

      6,627,618.34    1.03 %   437    1.17 %

Michigan

      16,449,463.84    2.55 %   1,063    2.86 %

Minnesota

      3,720,038.18    0.58 %   240    0.65 %

Mississippi

      9,731,838.66    1.51 %   540    1.45 %

Missouri

      7,952,902.54    1.24 %   489    1.31 %

Nebraska

      1,735,323.57    0.27 %   114    0.31 %

Nevada

      8,279,425.13    1.29 %   427    1.15 %

New Hampshire

      1,511,438.11    0.23 %   113    0.30 %

New Jersey

      12,214,055.12    1.90 %   734    1.97 %

New Mexico

      7,015,998.69    1.09 %   374    1.01 %

New York

      22,041,663.63    3.42 %   1,323    3.56 %

North Carolina

      24,151,273.75    3.75 %   1,391    3.74 %

Ohio

      30,942,039.22    4.81 %   2,073    5.57 %

Oklahoma

      8,184,409.27    1.27 %   458    1.23 %

Oregon

      5,559,526.29    0.86 %   343    0.92 %

Pennsylvania

      29,620,947.26    4.60 %   1,834    4.93 %

Rhode Island

      1,052,534.50    0.16 %   71    0.19 %

South Carolina

      10,506,343.20    1.63 %   619    1.66 %

Tennessee

      14,402,664.88    2.24 %   812    2.18 %

Texas

      96,584,233.35    15.00 %   5,166    13.89 %

Utah

      3,522,005.25    0.55 %   186    0.50 %

Virginia

      11,667,724.30    1.81 %   687    1.85 %

Washington

      8,898,328.29    1.38 %   500    1.34 %

West Virginia

      5,564,823.86    0.86 %   345    0.93 %

Wisconsin

      8,144,335.25    1.26 %   531    1.43 %

Other (3)

      4,221,630.35    0.66 %   250    0.67 %
                        

TOTAL

    $ 643,919,829.79    100.00 %   37,199    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.

 

* Receivable information is through close of business on date indicated.