# EDGAR Filing Document

**Accession Number:** 0001682717
**File Stem:** 0001193125-25-175450
**Filing Date:** 2025-8
**Character Count:** 24698
**Document Hash:** ac0bd54b09715f8d44ab6c7b1d419d6f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-175450.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001193125-25-175450

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250807

**ITEM INFORMATION**: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: Y

**ABS ASSET CLASS**: Other

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GMF Wholesale Receivables LLC
- **CENTRAL INDEX KEY:** 0001682008
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 462125098
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-02892
- **FILM NUMBER:** 251194253

**BUSINESS ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** (817) 302-7877

**MAIL ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GMF Wholesale Receivables LLC
- **CENTRAL INDEX KEY:** 0001682008
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 462125098
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 333-251831

**BUSINESS ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** (817) 302-7877

**MAIL ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GMF Wholesale Receivables LLC
- **CENTRAL INDEX KEY:** 0001682008
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 462125098
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-02892

**BUSINESS ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** (817) 302-7877

**MAIL ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
**ISSUING ENTITY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GMF Floorplan Owner Revolving Trust
- **CENTRAL INDEX KEY:** 0001682717
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** (817) 302-7877

**MAIL ADDRESS:**
- **STREET 1:** 801 CHERRY STREET, SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM ABS-15G

ASSET-BACKED SECURITIZER REPORT

Pursuant to Section 15G of the

Securities Exchange Act of 1934

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

☐ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period<u> </u> to<u> </u>

Date of Report (Date of earliest event reported):<u> </u>

(Exact name of securitizer as specified in its charter)

      <br> (Commission File Number of securitizer) (Central Index Key Number of securitizer)

Name and telephone number, including area code,

of the person to contact in connection with this filing

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) ☐

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐

☒ Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>GMF Floorplan Owner Revolving Trust</u> 

(Exact name of issuing entity as specified in its charter)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Index Key Number of depositor: <u>0001682008</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Index Key Number of issuing entity (if applicable): <u>0001682717</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Index Key Number of underwriter (if applicable):<u> </u>

<u>Frank E. Brown III, Esq. – Senior Vice President, Corporate Counsel and Secretary, (817) 302-7521</u> 

Name and telephone number, including area code,

of the person to contact in connection with this filing

------

**PART II – FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS** 

**Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer** 

Attached as Exhibit 99.1 hereto is the Report of Independent Accountants on Applying Agreed-Upon Procedures, dated August 6, 2025, with respect to certain agreed-upon procedures performed by a third-party due diligence provider. These agreed-upon procedures were performed in connection with certain information relating to a revolving pool of receivables as of May 31, 2025, and not in relation to any specific transaction.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
|  GMF WHOLESALE RECEIVABLES LLC | GMF WHOLESALE RECEIVABLES LLC |
| (Depositor) | (Depositor) |
| <br> By: | /s/ Sheli Fitzgerald |
|  | Name: Sheli Fitzgerald |
|  | Title: Senior Vice President, Corporate Treasury |

---

Date: August 7, 2025

## Exhibit 99.1

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| | | | |
|:---|:---|:---|:---|
|  |  |  | **Exhibit 99.1** |
| ![LOGO](g38555g00i76.jpg) | <br> Ernst & Young LLP<br> One Manhattan West<br> New York, NY 10001 | <br> Tel: +1 212 773 3000<br> ey.com |  |

---

**Report of Independent Accountants on Applying Agreed-Upon Procedures** 

AmeriCredit Financial Services, Inc. (the "Sponsor") GMF Wholesale Receivables LLC (the "Depositor") 801 Cherry Street, Suite 3500 Fort Worth, Texas 76102 6 August 2025

---

| | |
|:---|:---|
| **Re:** | **GMF Floorplan Owner Revolving Trust (the "Issuing Entity")**  |

---

**Sample Account and Sample Receivable Agreed-Upon Procedures** <br>

We have performed the procedures enumerated in Attachment A, which were agreed to and acknowledged as appropriate by the Sponsor and Depositor (together, the "Specified Parties"), for the intended purpose of assisting the Specified Parties in evaluating the accuracy of certain information with respect to a revolving pool of receivables (the "Receivables") and related assets originated in connection with the purchase and financing of new and used car, truck and utility vehicle inventory by retail motor vehicle dealers with floorplan financing accounts established by the Sponsor (the "Accounts") relating to the Issuing Entity. This report may not be suitable for any other purpose. The procedures performed may not address all of the items of interest to a user of the report and may not meet the needs of all users of the report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The appropriateness of these procedures is solely the responsibility of the Specified Parties identified in this report. No other party acknowledged the appropriateness of the procedures. Consequently, we make no representation regarding the appropriateness of the procedures described in Attachment A, either for the purpose for which this report has been requested or for any other purpose.

The procedures performed and our associated findings are included in Attachment A.

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| | |
|:---|:---|
| ![LOGO](g38555g00i76.jpg) | Page 2 of 4 |

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For the purpose of the procedures described in this report, the Sponsor, on behalf of the Depositor, provided us with, or instructed us to obtain, as applicable:

a. Electronic data files (collectively, the "Provided Data Files"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Labeled "GFORT Floorplan Dealer Data 20250531-DIST.xlsx" and the corresponding record layout and decode
information, as applicable (the "Preliminary Accounts Data File"), that the Sponsor, on behalf of the Depositor, indicated contains information relating to the Accounts as of 31 May 2025 (the "Cutoff Date"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Labeled "GFORT Loan Data 20250531-DIST.xlsx" and the corresponding record layout and decode information, as
applicable (the "Preliminary Receivables Data File"), that the Sponsor, on behalf of the Depositor, indicated contains information relating to the Receivables as of the Cutoff Date and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Labeled "GFORT Sample VIN - 20250531.xlsx" and the corresponding record layout and decode information, as
applicable (the "VIN Data File"), that the Sponsor, on behalf of the Depositor, indicated contains information relating to the complete vehicle identification number (the "VIN") for each Sample Receivable (as defined in
Attachment A),

b. Imaged copies of the master loan agreement, additional borrower addendum to master loan agreement, schedule 1 or other
related documents (collectively and as applicable, the "Master Loan Agreement") that the Sponsor, on behalf of the Depositor, indicated relate to each Sample Account (as defined in Attachment A),

c. Warehouse servicing system extraction files:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Labeled "GFORT Random Sample - 25 Accounts 20250531 - DIST.xlsx" and the corresponding record layout and
decode information, as applicable (the "Dealer Servicing System Query"), that the Sponsor, on behalf of the Depositor, indicated contains information relating to the Sample Accounts and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Labeled "GFORT Random Sample - 150 Receivables - 20250531 - DIST.xlsx" and the corresponding record layout
and decode information, as applicable (the "Receivables Servicing System Query," together with the Dealer Servicing System Query and the Master Loan Agreement, the "Sources") that the Sponsor, on behalf of the Depositor,
indicated contains information relating to the Sample Receivables,

d. A schedule and the corresponding record layout and decode information, as applicable (the "Model Type Mapping
Schedule"), that the Sponsor, on behalf of the Depositor, indicated contains information relating to the model type corresponding to each Sample Receivable,

e. Information, assumptions and methodologies (collectively, the "Customer Number Account Methodology"), that
the Sponsor, on behalf of the Depositor, indicated contains information relating to certain customer numbers for certain Accounts,

f. The list of relevant characteristics (the "Account Sample Characteristics") on the Accounts Data File (as
defined in Attachment A), which is shown on Exhibit 1 to Attachment A,

g. The list of relevant characteristics (the "Receivable Sample Characteristics," together with the Account
Sample Characteristics, the "Sample Characteristics") on the Receivables Data File (as defined in Attachment A), which is shown on Exhibit 2 to Attachment A, and

h. Instructions, assumptions and methodologies, which are described in Attachment A.

------

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| | |
|:---|:---|
| ![LOGO](g38555g00i76.jpg) | Page 3 of 4 |

---

For the purpose of the procedures described in this report, certain information contained on the Accounts Data File and Receivables Data File is collectively the "Subject Matter" as of the date of this report.

The procedures included in Attachment A were limited to comparing or recalculating certain information that is further described in Attachment A. The Depositor is responsible for the Subject Matter, Provided Data Files, Sources, Model Type Mapping Schedule, Customer Number Account Methodology, Sample Characteristics and the determination of the instructions, assumptions and methodologies that are described herein. We were not requested to perform, and we have not performed, any procedures other than those listed in Attachment A. We have not verified, and we make no representation as to, the accuracy, completeness or reasonableness of the Provided Data Files, Sources, Model Type Mapping Schedule, Customer Number Account Methodology or any other information provided to us, or that we were instructed to obtain, as applicable, by the Sponsor, on behalf of the Depositor, upon which we relied in forming our findings. Accordingly, we make no representation and express no opinion or conclusion as to (a) the existence of the Accounts or Receivables, (b) questions of legal or tax interpretation or (c) the appropriateness, accuracy, completeness or reasonableness of any instructions, assumptions and methodologies provided to us by the Sponsor, on behalf of the Depositor, that are described in this report. We undertake no responsibility to update this report for events and circumstances occurring after the date hereof.

This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (the "AICPA"). An agreed-upon procedures engagement involves the practitioner performing specific procedures that the Specified Parties have agreed to and acknowledged to be appropriate for the purpose of the engagement and reporting on findings based on the procedures performed. We were not engaged to, and did not, conduct an examination to express an opinion or a review to express a conclusion in accordance with attestation standards established by the AICPA on any of the items referred to herein. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

The agreed-upon procedures described in this report were not performed for the purpose of:

a. Satisfying any criteria for due diligence published by a nationally recognized statistical rating organization (a
"rating agency") or

b. Making any findings with respect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Whether the origination of the Receivables conformed to, or deviated from, stated underwriting or credit extension
guidelines, standards, criteria, or other requirements,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The value of the collateral securing the Receivables,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Whether the originator(s) of the Receivables complied with federal, state or local laws or regulations or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Any other factor or characteristic of the Receivables that would be material to the likelihood that the Issuing Entity
will pay interest and principal on notes issued by the Issuing Entity in accordance with applicable terms and conditions.

------

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|:---|:---|
| ![LOGO](g38555g00i76.jpg) | Page 4 of 4 |

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We are required to be independent of the Depositor and to meet our other ethical responsibilities, as applicable, for agreed-upon procedures engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established by the AICPA. Independence requirements for agreed-upon procedures engagements are less restrictive than independence requirements for audit and other attestation services.

This report is intended solely for the information and use of the Specified Parties and is not intended to be, and should not be, used by anyone other than the Specified Parties. It is not intended to be, and should not be, used by any other person or entity, including investors and rating agencies, who are not identified in the report as Specified Parties but who may have access to this report as required by law or regulation.

/s/ Ernst & Young LLP

6 August 2025

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| | |
|:---|:---|
| ![LOGO](g38555g00i76.jpg) | **Attachment A**<br> Page 1 of 2 |

---

**<u>Procedures performed and our associated findings</u>**

1. As instructed by the Sponsor, on behalf of the Depositor, we randomly selected a sample of 25 unique Accounts from the
Preliminary Accounts Data File (the "Sample Accounts") in accordance with the Customer Number Account Methodology. For the purpose of this procedure, the Sponsor, on behalf of the Depositor, did not inform us as to the basis for how
they determined the number of Sample Accounts or the methodology they instructed us to use to select the Sample Accounts from the Preliminary Accounts Data File.

For the purpose of the procedures described in this report, the 25 Sample Accounts are referred to as Sample Account Numbers 1 through 25.

2. As instructed by the Sponsor, on behalf of the Depositor, for each Sample Account with multiple credit lines, as shown
on the Preliminary Accounts Data File, we:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Calculated the total dealer net account balance by taking the sum of each dealer net account balance, as shown on the
Preliminary Accounts Data File, related to such Sample Account and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Updated the dealer net account balance information on the Preliminary Accounts Data File with the resulting total
dealer net account balance calculated above for each Sample Account, as applicable.

The Preliminary Accounts Data File, as adjusted, is hereinafter referred to as the "Accounts Data File."

3. As instructed by the Sponsor, on behalf of the Depositor, we randomly selected a sample of 150 Receivables from the
Preliminary Receivables Data File (the "Sample Receivables"). For the purpose of this procedure, the Sponsor, on behalf of the Depositor, did not inform us as to the basis for how they determined the number of Sample Receivables or the
methodology they instructed us to use to select the Sample Receivables from the Preliminary Receivables Data File.

For the purpose of the procedures described in this report, the 150 Sample Receivables are referred to as Sample Receivable Numbers 1 through 150.

4. As instructed by the Sponsor, on behalf of the Depositor, we appended the information for each Sample Receivable on the
Preliminary Receivables Data File with the corresponding VIN, as shown on the VIN Data File. The Preliminary Receivables Data File, as adjusted, is hereinafter referred to as the "Receivables Data File."

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---

| | |
|:---|:---|
| ![LOGO](g38555g00i76.jpg) | **Attachment A**<br> Page 2 of 2 |

---

5. For each Sample Account, we compared the Account Sample Characteristics listed on Exhibit 1 to Attachment A, as shown
on the Accounts Data File, to the corresponding information located in, or to the corresponding information we recalculated using information located in, the Sources, subject to the instructions, assumptions and methodologies provided by the
Sponsor, on behalf of the Depositor, described in the notes to Exhibit 1 to Attachment A. The Source(s) that we were instructed by the Sponsor, on behalf of the Depositor, to use for each Account Sample Characteristic are shown on
Exhibit 1 to Attachment A. All such compared information was found to be in agreement.

6. For each Sample Receivable, we compared the Receivable Sample Characteristics listed on Exhibit 2 to Attachment A, as
shown on the Receivables Data File, to the corresponding information located in the Receivables Servicing System Query, subject to the instructions, assumptions and methodologies provided by the Sponsor, on behalf of the Depositor, described in the
notes to Exhibit 2 to Attachment A. All such compared information was found to be in agreement.

------

**Exhibit 1 to Attachment A**<br> Page 1 of 2<br>

**<u>Account Sample Characteristics and Sources</u>**

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| | | |
|:---|:---|:---|
| **Account Sample Characteristic**  | **Source(s)** | **Note** |
|  Customer number | Dealer Servicing System Query | i. |
|  Dealer credit rating | Dealer Servicing System Query |  |
|  Dealer state | Dealer Servicing System Query and Master Loan Agreement | ii. |
|  Dealer cash management account balance | Dealer Servicing System Query |  |
|  Dealer gross account balance | Dealer Servicing System Query | iii. |
|  Dealer net account balance | Dealer Servicing System Query and recalculation | iv. |

---

**<u>Notes</u>:** 

i. For identification purposes only.

ii. For the purpose of comparing the dealer state Sample Characteristic on the Master Loan Agreement for each Sample
Account where there were multiple borrowers, the Sponsor, on behalf of the Depositor, instructed us to note agreement with the state, as shown in the Accounts Data File, if it matched any one of the states of the borrowers or additional borrowers,
as applicable, as shown on the Master Loan Agreement.

iii. For the purpose of comparing the dealer gross account balance Sample Characteristic for each Sample Account, the
Sponsor, on behalf of the Depositor, instructed us to ignore differences of +/- $0.01 or less.

------

<br> **Exhibit 1 to Attachment A**<br> Page 2 of 2<br>

**<u>Notes</u>:** (continued)

iv. For the purpose of comparing the dealer net account balance Account Sample Characteristic for each Sample Account, the
Sponsor, on behalf of the Depositor, instructed us to recalculate the dealer net account balance as the difference between the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Dealer gross account balance and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Dealer cash management account balance,

both as shown on the Dealer Servicing System Query, subject to the instruction(s) provided by the Sponsor, on behalf of the Depositor, described in the succeeding paragraph(s) of this note. <br>

For the purpose of comparing the dealer net account balance Account Sample Characteristic for each Sample Account, the Sponsor, on behalf of the Depositor, instructed us to ignore differences of +/- $1.00 or less. <br>

We performed no procedures to determine the accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by the Sponsor, on behalf of the Depositor, described in the notes above.

------

**Exhibit 2 to Attachment A**

**<u>Receivable Sample Characteristics</u>**

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| | | |
|:---|:---|:---|
| **Receivable Sample Characteristic** | **Note** | **Note** |
|  Loan number |  | i. |
|  VIN |  |  |
|  Initial funding amount |  | ii. |
|  Model type (new/used) |  | iii. |
|  Plan code |  |  |
|  Current principal balance |  | ii. |
|  Invoice date |  |  |
|  Vehicle model |  |  |
|  Days in inventory |  | iv. |

---

**<u>Notes</u>:** 

i. For identification purposes only.

ii. For the purpose of comparing the indicated Receivable Sample Characteristics for each Sample Receivable, the Sponsor,
on behalf of the Depositor, instructed us to ignore differences of +/- $1.00 or less.

iii. For the purpose of comparing the model type (new/used) Receivable Sample Characteristic for each Sample Receivable, the
Sponsor, on behalf of the Depositor, instructed us to use the Receivables Servicing System Query as the Source, in accordance with the decode information shown on the Model Type Mapping Schedule, as applicable.

iv. The Sponsor, on behalf of the Depositor, instructed us not to compare the days in inventory Receivable Sample
Characteristic for any Sample Receivable with a days in inventory value of "[NULL]," as shown on the Receivables Data File.

We performed no procedures to determine the accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by the Sponsor, on behalf of the Depositor, described in the notes above.