Statement to Securityholder. Capital Auto Receivables Asset Trust

Transcription

1 Deal Information 1. Distribution Summary Deal: Asset Type: Consumer Retail 2. Factor Summary 3. Interest Summary Initial Closing Date: 6/26/ Collections and Distributions Bloomberg Ticker: AFIN Collateral Summary 6. Charge-Off and Delinquency Rates 7. Credit Instruments Collection Period, Begin: Collection Period, End: Determination Date: Distribution Date: Revolving/Amortization Period 7/1/2013 7/31/2013 8/15/2013 8/20/2013 Revolving 8. Accumulation Account ABS Investor Relations - Ally Financial Inc. as Servicer: Telephone: (866) Performance Tests securitization@ally.com The Class E Notes have not been registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction. The Class E Notes are not transferable, other than to a qualified institutional buyer (as defined in Rule 144A) or pursuant to another exemption under the Securities Act, and subject to satisfaction of certain other provisions of the Indenture. Page 1 of 8

2 1. Distribution Summary Class CUSIP Initial Note Principal Balance Beginning Note Principal Balance Note Rate Principal Distribution Interest Distribution Total Distribution (3) + (4) = (5) Principal Carryover Shortfall Interest Carryover Shortfall Ending Note Principal Balance (1) - (3) - (6) = (8) (1) (2) (3) (4) (5) (6) (7) (8) A AA8 107,000,00 107,000, ,000,00 A AB6 143,000,00 143,000, ,000,00 A AC4 128,000,00 128,000, , , ,000,00 A AD2 44,410,00 44,410, ,410,00 B AE0 22,440,00 22,440, ,440,00 C AF7 23,760,00 23,760, ,760,00 D AG5 21,120,00 21,120, ,08 58,08 21,120,00 E AH3 18,480,00 18,480, ,480,00 Deal Totals 508,210,00 508,210,00 578, , ,210,00 Page 2 of 8

3 2. Factor Summary (Amount per $1,000 of Original Principal) Class Beginning Note Pool Factor Principal Distribution Factor Interest Distribution Factor Total Distribution Factor Interest Carryover Shortfall Factor Ending Note Pool Factor A-1 1, , A-2 1, , A-3 1, , A-4 1, , B 1, , C 1, , D 1, , E 1, , Beginning Aggregate Note Pool Factor: Ending Aggregate Note Pool Factor: 1, , Beginning Reserve Account Balance Factor: 1, Reserve Account Draw, distributed to Noteholders, Factor: Reserve Account Draw, distributed to Certificateholders, Factor: Ending Reserve Account Balance Factor: , Page 3 of 8

4 3. Interest Summary A. Target Interest Summary Class Beginning Note Principal Balance Interest Accrual Period, Start Interest Accrual Period, End Accrual Methodology Applicable Index Margin Fixed Note Rate Target Interest Distribution A-1 107,000,00 7/22/2013 8/19/ A-2 143,000,00 7/22/2013 8/19/ A-3 128,000,00 7/22/2013 8/19/ , A-4 44,410,00 7/22/2013 8/19/ B 22,440,00 7/22/2013 8/19/ C 23,760,00 7/22/2013 8/19/ D 21,120,00 7/22/2013 8/19/ ,08 E 18,480,00 7/22/2013 8/19/ B. Interest Payment Amount Summary Class Beginning Unpaid Interest Carryover Shortfall Target Interest Distribution Interest Shortfall Amount Allocated/(Repaid) Actual Interest Distribution Remaining Unpaid Interest Carryover Shortfall (1) (2) (2) - (3) = (4) (1) - (3) = (5) (3) (4) (5) A-1 A-2 A-3 132, , A-4 B C D 58,08 58,08 E Deal Totals 578, , Page 4 of 8

5 4. Collections and Distributions Collections Receipts During the Period*** 21,140, Administrative Purchase Payments 47, Warranty Payments Liquidation Proceeds (Recoveries) Less Liquidation Expenses 102, Accumulation Account Investment Earnings Other Fees or Expenses Paid Total Collections 21,291, Beginning Reserve Account Balance Total Available Amount 2,640, ,931, Distributions Total Available Amount Basic Servicing Fee Aggregate Class A Interest Distributable Amount 23,931, , , First Priority Principal Distributable Amount* Aggregate Class B Interest Distributable Amount Second Priority Principal Distributable Amount* Aggregate Class C Interest Distributable Amount Third Priority Principal Distributable Amount* Aggregate Class D Interest Distributable Amount 58,08 Fourth Priority Principal Distributable Amount* Aggregate Class E Interest Distributable Amount Fifth Priority Principal Distributable Amount* To the Accumulation Account - Parity Reinvestment Amount** To Reserve Account - Specified Reserve Account Balance 2,640, To the Accumulation Account - Excess of Target Reinvestment less Parity Reinvestment Account** 17,799, Noteholders' Regular Principal Distributable Amount Indenture Trustee expenses Excess Total Available Amount to the Certificateholders 2,364, Supplemental Servicing Fees Other Fees or Expenses Accrued Liquidation Expenses *Amortization Period Only; **Revolving Period Only; *** Includes amounts on deposit in the Accumulation Account immediately preceding the Distribution Date. 59, ,40 Page 5 of 8

6 5. Collateral Summary A. Balances Original Balance Beginning Balance Balance at End of Collection Period Additions Ending Balance Including Additions Number of Receivables 25,513 25,863 25, ,298 Deal Totals Aggregate Receivables Principal Balance 528,012, ,006, ,211, ,787, ,998, Aggregate Receivables Face Amount 528,012, ,006, ,211, ,787, ,998, There have been no receivables with respect to which material breaches of pool asset representations or warranties or transaction covenants have occurred. B. Pool Composition - s Inception Coupon Beginning Coupon Ending Coupon Inception Original Beginning Original Ending Original Inception Remaining Beginning Remaining Ending Remaining Deal Totals C. Pool Composition - Prepayments Month Monthly Month Monthly Month Monthly Page 6 of 8

7 6. Charge-Off and Delinquency Rates A. Current Charge-Off Rate Delinquency Rate Receivables Credit Repurchases Loss Rate Total Accounts Accounts over 60 Percent Delinquent Current 519,109, , % 25, % Preceding 520,245, % 25, % Next Preceding Three Month B. Cumulative Aggregate Amount Financed Cumulative Net Charge-Offs Cumulative Loss Rate Delinquency Stratification Total Accounts Total Balance Totals 528,012, , % days ,445, The information contained in this report is defined or determined in a manner consistent with the prospectus for related to delinquencies, charge-offs or uncollectible accounts. There have been no material changes in determining delinquencies, charge-offs or uncollectible amounts days > 90 days ,080, , Bankruptcies Prior Period 1 Total Accounts Current Period , Prior Period Bankruptcies reflect currently active accounts. Inventory Charged Off , Bankruptcy Inventory Charged Off includes both bankruptcies returned to active status and charge offs on prior period bankruptcies. Ending Inventory 68 1,259, Total Balance 671, Credit Instruments Reserve Accounts Account Beginning Balance Cash Reserve 2,640, ,640, ,640, ,640, Accumulation Account Initial Balance Additions Draws Reductions Releases Ending Balance Specified Reserve Account Balance Beginning Balance Investment Earnings Deposits Releases Ending Balance 3, ,795, ,787, , Page 7 of 8

8 9. Performance Tests Event of Default Servicer Default Early Amortization Event Additional Receivables Purchased by Trust? Additional Receivables Criteria Satisfied, If Applicable? Overcollateralization Target Amount Satisfied? Initial Overcollateralization Current Overcollateralization Overcollateralization Target (Revolving Period) There have been no material modifications, extensions or waivers relating to the terms of or fees, penalties or payments on, pool assets during the distribution period or that, cumulatively, have become material over time. This Servicer Certificate relates only to CARAT This Servicer Certificate should not be relied upon with respect to any other security. The information contained herein is only an indication of past performance and does not predict how CARAT will perform in the future. NO NO NO 19,802, ,800, ,800, Overcollateralization Target (Amortization Period) YES YES YES Page 8 of 8