# EDGAR Filing Document

**Accession Number:** 0001347185
**File Stem:** 0001193125-25-271926
**Filing Date:** 2025-11
**Character Count:** 32506
**Document Hash:** d7cd2195e33e6966141a55dac60f8186
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-271926.hdr.sgml**: 20251107

**ACCESSION NUMBER**: 0001193125-25-271926

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

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20251107

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

**FILED AS OF DATE**: 20251107

**DATE AS OF CHANGE**: 20251107

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Auto loans

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AFS SENSUB CORP.
- **CENTRAL INDEX KEY:** 0001347185
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 880475154
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-02095
- **FILM NUMBER:** 251461937

**BUSINESS ADDRESS:**
- **STREET 1:** C/O AMERICREDIT FINANCIAL SERVICES INC
- **STREET 2:** 801 CHERRY ST STE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** 8173027000

**MAIL ADDRESS:**
- **STREET 1:** C/O AMERICREDIT FINANCIAL SERVICES INC
- **STREET 2:** 801 CHERRY STREET SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICREDIT FINANCIAL SERVICES INC
- **DATE OF NAME CHANGE:** 20190124

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AFS SenSub Corp.
- **DATE OF NAME CHANGE:** 20051216
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AFS SENSUB CORP.
- **CENTRAL INDEX KEY:** 0001347185
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 880475154
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** C/O AMERICREDIT FINANCIAL SERVICES INC
- **STREET 2:** 801 CHERRY ST STE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** 8173027000

**MAIL ADDRESS:**
- **STREET 1:** C/O AMERICREDIT FINANCIAL SERVICES INC
- **STREET 2:** 801 CHERRY STREET SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICREDIT FINANCIAL SERVICES INC
- **DATE OF NAME CHANGE:** 20190124

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AFS SenSub Corp.
- **DATE OF NAME CHANGE:** 20051216
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AFS SENSUB CORP.
- **CENTRAL INDEX KEY:** 0001347185
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 880475154
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-02095

**BUSINESS ADDRESS:**
- **STREET 1:** C/O AMERICREDIT FINANCIAL SERVICES INC
- **STREET 2:** 801 CHERRY ST STE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** 8173027000

**MAIL ADDRESS:**
- **STREET 1:** C/O AMERICREDIT FINANCIAL SERVICES INC
- **STREET 2:** 801 CHERRY STREET SUITE 3500
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICREDIT FINANCIAL SERVICES INC
- **DATE OF NAME CHANGE:** 20190124

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AFS SenSub Corp.
- **DATE OF NAME CHANGE:** 20051216

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 __________ to ___________

Date of Report (Date of earliest event reported): _____________

(Exact name of securitizer as specified in its charter)

(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) ☐

&nbsp;&nbsp;&nbsp;&nbsp;☒ 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>AmeriCredit Automobile Receivables Trust 2025-1</u> 

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

Central Index Key Number of depositor: <u>0001347185</u> 

Central Index Key Number of issuing entity (if applicable): ________________

Central Index Key Number of underwriter (if applicable): _________________

<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 November 6, 2025, with respect to certain agreed-upon procedures performed by a third-party due diligence provider.

------

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.

---

| |
|:---|
| AFS SENSUB CORP.<br> (Depositor) |
| By: <u>/s/ Sheli Fitzgerald</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Name: Sheli Fitzgerald |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title: Chief Executive Officer and President |

---

Date: November 7, 2025

## Exhibit 99.1

**Exhibit 99.1** 

---

| | | |
|:---|:---|:---|
| ![LOGO](g35265g1107150429197.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") AFS SenSub Corp. (the "Depositor") 801 Cherry Street, Suite 3500 Fort Worth, Texas 76102 6 November 2025

---

| | |
|:---|:---|
| **Re:** | **AmeriCredit Automobile Receivables Trust 2025-1 (the "Issuing Entity")**  |

---

**Automobile Receivables Backed Notes (the "Notes")** 

**Sample Automobile Loan Contract Agreed-Upon Procedures** 

We have performed the procedures enumerated in Attachment A, which were agreed to and acknowledged as appropriate by the Sponsor, Depositor, J.P. Morgan Securities LLC, Citigroup Global Markets Inc., RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC (collectively, the "Specified Parties"), for the intended purpose of assisting the Specified Parties in evaluating the accuracy of certain information with respect to a pool of sub-prime automobile loan contracts secured by new and used automobiles, light duty trucks and vans (the "Automobile Loan Contracts") relating to the Issuing Entity's securitization transaction. 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.

For the purpose of the procedures described in this report, the Sponsor, on behalf of the Depositor, provided us with:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Labeled "AMCAR 2025-1 EY Audit Tape_DIST.xlsb" and the
corresponding record layout and decode information, as applicable (the "Base Data File"), that the Sponsor, on behalf of the Depositor, indicated contains information as of 29 September 2025 (the "Cutoff Date") relating
to the Automobile Loan Contracts and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Labeled "AMCAR 2025-1 EY Audit Tape (185) Full_DIST.xlsx" and
the corresponding record layout and decode information, as applicable (the "Identification Sample Data File"), that the Sponsor, on behalf of the Depositor, indicated contains information relating to the Sample Automobile Loan Contracts
(as defined in Attachment A),

------

---

| | |
|:---|:---|
| ![LOGO](g35265dsp03.jpg) | Page 2 of 4 |

---

b. A schedule and the corresponding record layout and decode information, as applicable (the "Application Status
Decode Schedule"), that the Sponsor, on behalf of the Depositor, indicated contains decision code information relating to the Sample Automobile Loan Contracts,

c. A schedule and the corresponding record layout and decode information, as applicable (the "Security Interest
Mapping File"), that the Sponsor, on behalf of the Depositor, indicated contains lien holder or owner information relating to the Sample Automobile Loan Contracts,

d. Imaged copies of the following items (collectively, the "Source Documents"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The motor vehicle retail installment contract, contract cure or correction letter, guaranteed auto protection, debt
waiver agreement/addendum to the financing agreement, amendment or other related documents (collectively and as applicable, the "Contract"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The certificate of title, application for title or guaranty of title, notice of lien, notice of security interest
filing, vehicle ownership registration form, direct lien filing, electronic verification of title, title lien statement, notice of lien application, lien entry form, application for dealer assignment or other related documents (collectively and as
applicable, the "Title"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. The odometer disclosure statement (the "Odometer Disclosure Statement"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Certain printed screen shots and payment histories from the Sponsor's servicing systems (the "Servicing
System Screen Shots"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Certain printed screen shots and account summary information from the Sponsor's loan origination systems (the
"Origination System Screen Shots," together with the Servicing System Screen Shots, the "System Screen Shots"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The borrower credit application or application for financing (collectively and as applicable, the "Credit
Application") and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The agreement to provide insurance, binder of insurance, confirmation of accidental physical damage insurance,
supplemental provisions, notice of requirement to provide insurance, insurance verification form, insurance coverage acknowledgement, agreement to furnish insurance policy, property insurance disclosure or other related documents (collectively and
as applicable, the "Agreement to Provide Insurance"),

as applicable, that the Sponsor, on behalf of the Depositor, indicated relate to the Sample Automobile Loan Contracts,

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

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

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

------

---

| | |
|:---|:---|
| ![LOGO](g35265dsp03.jpg) | Page 3 of 4 |

---

The procedures included in Attachment A were limited to comparing, recalculating or observing, as applicable, certain information that is further described in Attachment A. The Depositor is responsible for the Subject Matter, Provided Data Files, Application Status Decode Schedule, Security Interest Mapping File, Source Documents, 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 Base Data File, Identification Sample Data File, Application Status Decode Schedule, Security Interest Mapping File, Source Documents 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 Automobile Loan Contracts, (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;i. Whether the origination of the Automobile Loan Contracts conformed to, or deviated from, stated underwriting or credit
extension guidelines, standards, criteria, or other requirements,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The value of the collateral securing the Automobile Loan Contracts,

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Any other factor or characteristic of the Automobile Loan Contracts that would be material to the likelihood that the
issuer of the Notes will pay interest and principal in accordance with applicable terms and conditions.

------

---

| | |
|:---|:---|
| ![LOGO](g35265dsp03.jpg) | Page 4 of 4 |

---

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 November 2025

------

---

| | |
|:---|:---|
| ![LOGO](g35265dsp03.jpg) | **Attachment A**<br> Page 1 of 3 |

---

**<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 185 Automobile Loan
Contracts from the Base Data File (the "Sample Automobile Loan Contracts"). 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
Automobile Loan Contracts or the methodology they instructed us to use to select the Sample Automobile Loan Contracts from the Base Data File.

For the purpose of the procedures described in this report, the 185 Sample Automobile Loan Contracts are referred to as Sample Automobile Loan Contract Numbers 1 through 185.

2. As instructed by the Sponsor, on behalf of the Depositor, we appended the information for each Sample Automobile Loan
Contract on the Base Data File, as applicable, with the corresponding information on the Identification Sample Data File, as applicable. The Base Data File, as adjusted, is hereinafter referred to as the "Data File."

3. For each Sample Automobile Loan Contract, as applicable, we:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Compared the Sample Characteristics listed on Exhibit 1 to Attachment A, as shown on the Data File, to the
corresponding information located in, or to the corresponding information we recalculated using information located in, the Source Documents, 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 Document(s) that we were instructed by the Sponsor, on behalf of the Depositor, to use for each Sample Characteristic are shown on Exhibit 1 to Attachment A. Except for the
information shown on Exhibit 2 to Attachment A, all such compared information was found to be in agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Observed that the buyer and dealer are located in the United States or United States territories, as shown in the
Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Observed that the decision code, as shown in the Origination System Screen Shots, corresponded to a description of
approved, conditionally approved or auto-approved, in accordance with the Application Status Decode Schedule.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Observed the existence of a Title.

------

---

| | |
|:---|:---|
| ![LOGO](g35265dsp03.jpg) | **Attachment A**<br> Page 2 of 3 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Observed that "General Motors Financial Company, Inc." or the Sponsor was the named lien holder or owner,
as shown in the Title, or that the lien holder has assigned the vehicle corresponding to such Sample Automobile Loan Contract to "General Motors Financial Company, Inc." or the Sponsor, as shown in the Title, subject to the additional
instruction(s) provided by the Sponsor, on behalf of the Depositor, described in the succeeding paragraph(s).

For the purpose of this procedure, the Sponsor, on behalf of the Depositor, instructed us to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Ignore differences that appear to be due to abbreviation, truncation or spelling errors and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Note agreement in accordance with the decode information shown on the Security Interest Mapping File, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Observed the existence of a Credit Application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Observed that the Origination System Screen Shots contained a credit bureau report summary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Observed that the Contract contained a truth-in-lending disclosure statement, subject to the additional instruction(s) provided by the Sponsor, on behalf of the Depositor, described in the succeeding
paragraph(s).

For the purpose of this procedure, the Sponsor, on behalf of the Depositor, instructed us to observe that the Contract contained annual percentage rate, finance charge, amount financed, total of payments and total sale price information if the Contract did not contain a specified truth-in-lending section header.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Observed the existence of an Agreement to Provide Insurance or observed that the Contract contained a section titled
"Agreement to Keep Vehicle Insured" or "Insurance you must have on the vehicle."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Observed that the Contract contained two buyer names or information in the co-buyer section for each Sample Automobile Loan Contract with a co-obligor present indicator value of "Y," as shown on the Data File. We performed no
procedures to determine the validity of any information in the co-buyer section of the Contract.

------

---

| | |
|:---|:---|
| ![LOGO](g35265dsp03.jpg) | **Attachment A**<br> Page 3 of 3 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Observed the following information, as applicable, in the Servicing System Screen Shots:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) There were no payment extensions noted in the account activity log if the number of deferred payments value was or "0," as shown on the Data File, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) If there were payment extensions noted in the account activity log and the number of deferred payments value was
greater than "0," as shown on the Data File, the months extended value, as shown in the Servicing System Screen Shots, was equal to the number of deferred payments value, as shown on the Data File.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. Observed the following information, as applicable, in the Servicing System Screen Shots:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Bankruptcy was not noted in the account activity log if the bankruptcy indicator (yes/no) value was "N," as
shown on the Data File, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) If bankruptcy was noted in the account activity log and the bankruptcy indicator (yes/no) value was "N," as
shown on the Data File, the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Account was changed to active,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Date of account's active status was later than the date of bankruptcy and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Date of account's active status was prior to the Cutoff Date,

all as noted in the account activity log.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Observed the following information, as applicable, in the Servicing System Screen Shots:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Repossession was not noted in the account activity log if the repossession indicator (yes/no) value was
"N," as shown on the Data File, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) If repossession was noted in the account activity log and the repossession indicator (yes/no) value was
"N," as shown on the Data File, the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Account was reinstated or changed to active,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Date of reinstatement was later than the date of repossession and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Date of reinstatement was prior to the Cutoff Date,

all as noted in the account activity log.

------

**Exhibit 1 to Attachment A** 

Page 1 of 3

**<u>Sample Characteristics and Source Documents</u>**

---

| | |
|:---|:---|
| **Sample Characteristic** | **Source Document(s)** |
| Loan account number | Contract and Servicing System Screen Shots |
| Application number | Origination System Screen Shots |
| Vehicle identification number | Contract and Title |
| Origination date | Contract |
| Original monthly P&I payment | Contract |
| Original amount financed | Contract |
| Original first payment date | Contract |
| Original term to maturity | Contract |
| Current APR | Contract |
| Model type (new/used) | Contract or Odometer Disclosure Statement |
| Model year | Contract |
| Vehicle make | Contract |
| Original APR | Contract |
| Original loan-to-value ratio | Origination System Screen Shots |
| Vehicle value (as of origination) | Origination System Screen Shots |
| Payment to income ratio | Origination System Screen Shots |
| Current maturity date | Servicing System Screen Shots |
| State/U.S. territory (current) | Servicing System Screen Shots |
| Next payment date | Servicing System Screen Shots |
| Number of times delinquent – 31 days | Servicing System Screen Shots |
| Number of times delinquent – 61 days | Servicing System Screen Shots |
| Number of times delinquent – 91 days | Servicing System Screen Shots |
| Custom score | Origination System Screen Shots |
| Obligor credit score | Origination System Screen Shots |
| FICO score | Origination System Screen Shots |
| Remaining term to maturity | Servicing System Screen Shots and recalculation |

---

------

**Exhibit 1 to Attachment A** 

Page 2 of 3

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

i. The loan account number and application number Sample Characteristics are for identification purposes only.

ii. For the purpose of comparing the origination date Sample Characteristic, the Sponsor, on behalf of the Depositor,
instructed us to use the origination date next to the borrower's signature, as shown in the Contract.

iii. For the purpose of comparing the original monthly P&I payment, original first payment date and original term to
maturity Sample Characteristics, the Sponsor, on behalf of the Depositor, instructed us to ignore any deferred downpayments payable to seller, as shown in the Contract.

iv. For the purpose of comparing the current APR and original APR Sample Characteristics, the Sponsor, on behalf of the
Depositor, instructed us to use the annual percentage rate, as shown in the Contract.

v. For the purpose of comparing the model type (new/used) Sample Characteristic, the Sponsor, on behalf of the Depositor,
instructed us to note agreement with a model type (new/used) value of "N," as shown on the Data File, if the corresponding model type (new/used) value, as shown in the Contract, was "demonstrator" or "demo," as
applicable.

Additionally, for the purpose of comparing the model type (new/used) Sample Characteristic for each Sample Automobile Loan Contract with a model type (new/used), as shown on the Data File, that is different than the model type (new/used), as shown in the Contract (subject to the instruction(s) provided by the Sponsor, on behalf of the Depositor, described in the preceding paragraph(s) of this note), the Sponsor, on behalf of the Depositor, instructed us to note agreement with a model type (new/used):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Value of "N," as shown on the Data File, if the corresponding odometer reading, as shown in the Contract or
Odometer Disclosure Statement, is less than 5,000 miles and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Value of "U," as shown on the Data File, if the corresponding odometer reading, as shown in the Contract or
Odometer Disclosure Statement, is greater than or equal to 5,000 miles,

subject to the additional instruction(s) described in the succeeding paragraph(s) of this note.

For the purpose of this procedure, the Sponsor, on behalf of the Depositor, instructed us to use the Contract or Odometer Disclosure Statement. We performed no procedures to reconcile any differences that may exist relating to the information contained in the Contract and Odometer Disclosure Statement with regard to the odometer reading.

------

**Exhibit 1 to Attachment A** 

Page 3 of 3

vi. For the purpose of comparing the vehicle make Sample Characteristic, the Sponsor, on behalf of the Depositor,
instructed us to ignore differences that appear to be due to abbreviation, truncation or spelling errors.

vii. For the purpose of comparing the original loan-to-value ratio and payment to income ratio Sample Characteristics, the Sponsor, on behalf of the Depositor, instructed us to ignore absolute differences of 0.01% or
less.

viii. For the purpose of comparing the vehicle value (as of origination) Sample Characteristic, the Sponsor, on behalf of the
Depositor, instructed us to ignore differences of +/- $1.00 or less.

ix. The Sponsor, on behalf of the Depositor, indicated that certain of the Servicing System Screen Shots contained account
activity that occurred after the Cutoff Date. For the purpose of comparing the current maturity date, state/U.S. territory (current), next payment date, number of times delinquent – 31 days, number of times delinquent – 61 days, number
of times delinquent – 91 days and remaining term to maturity Sample Characteristics, the Sponsor, on behalf of the Depositor, instructed us to only consider account activity shown in the Servicing System Screen Shots that occurred on or prior
to the Cutoff Date.

x. For the purpose of comparing the custom score Sample Characteristic, the Sponsor, on behalf of the Depositor,
instructed us to use the second custom score, as shown in the Origination System Screen Shots.

xi. For the purpose of comparing the obligor credit score Sample Characteristic, the Sponsor, on behalf of the Depositor,
instructed us to note agreement if the obligor credit score value, as shown in the Origination System Screen Shots, was "I" and the obligor credit score value, as shown on the Data File, was .

xii. For the purpose of comparing the remaining term to maturity Sample Characteristic, the Sponsor, on behalf of the
Depositor, instructed us to recalculate the remaining term to maturity by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Calculating the number of days between the next payment date and current maturity date, both as shown in the Servicing
System Screen Shots, assuming a 360-day year,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Dividing the result obtained above by 30,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Adding one to the result obtained above and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Rounding the result obtained above to the nearest integer.

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>Sample Characteristic Differences</u>**

---

| | | | |
|:---|:---|:---|:---|
| **Sample**<br> **Automobile Loan**<br> **Contract Number**  | **Sample Characteristic** | **Data File Value** | **Source**<br> **Document Value**  |
|  23 | Origination date | 6/26/2020 | 6/27/2020 |
|  24 | State/U.S. territory (current) | WI | IL |

---