Distribution Information Deal Information 1. Distribution Summary 2. Factor Summary Deal: Asset Type: Consumer Lease 3. Interest Summary Closing Date: 3/31/2015 4. Collections and Distributions Bloomberg Ticker: ALLYL 2015-SN1 5. Collateral Summary 6. Losses and Delinquencies 7. Credit Instruments 8. Performance Tests Monthly Period, Begin: 5/1/2015 Monthly Period, End: 5/31/2015 Determination Date: 6/15/2015 Distribution Date: 6/22/2015 ABS Investor Relations - Ally Financial Inc. as Servicer: Telephone: (866) 710-4623 E-Mail: securitization@ally.com The Class A-1 Notes, Class B Notes, Class C Notes, and the Secured Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction. Accordingly, the Class A-1 Notes, Class B Notes, Class C Notes, and the Secured Notes are not transferable other than pursuant to an exemption under the Securities Act and satisfaction of other specified provisions of the AART Indenture. Page 1 of 8
1. Distribution Summary Class CUSIP Initial Principal Balance Beginning Principal Balance Note Interest Rate Principal Distribution Interest Distribution Total Distribution (3) + (4) = (5) Principal Loss Interest Carryover Shortfall Ending Principal Balance (1) - (3) = (8) (1) (2) (3) (4) (5) (6) (7) (8) Class A-1 02006XAA5 182,000,00 125,658,195.69 35000 29,195,538.18 40,315.34 29,235,853.52 96,462,657.51 Class A-2a 02006XAB3 250,000,00 250,000,00 93000 193,75 193,75 250,000,00 Class A-2b 02006XAC1 230,000,00 230,000,00 56400 118,91 118,91 230,000,00 Class A-3 02006XAD9 250,000,00 250,000,00 0.0121000 252,083.33 252,083.33 250,000,00 Class A-4 02006XAE7 74,600,00 74,600,00 0.0138000 85,79 85,79 74,600,00 Class B 02006XAF4 66,400,00 66,400,00 0.0179000 99,046.67 99,046.67 66,400,00 Class C 02006XAG2 39,200,00 39,200,00 0.0216000 70,56 70,56 39,200,00 AART Notes 1,092,200,00 1,035,858,195.69 29,195,538.18 860,455.34 30,055,993.52 1,006,662,657.51 Secured Note 1,117,226,362.61 1,072,583,868.63 0.0216000 23,447,373.19 1,930,650.96 25,378,024.15 1,049,136,495.44 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 Class A-1 690.4296466 160.4150449 0.2215129 160.6365578 00000 530.0146017 Class A-2a 1,0000000 00000 0.7750000 0.7750000 00000 1,0000000 Class A-2b 1,0000000 00000 0.5170000 0.5170000 00000 1,0000000 Class A-3 1,0000000 00000 1.0083333 1.0083333 00000 1,0000000 Class A-4 1,0000000 00000 1.1500000 1.1500000 00000 1,0000000 Class B 1,0000000 00000 1.4916667 1.4916667 00000 1,0000000 Class C 1,0000000 00000 1.8000000 1.8000000 00000 1,0000000 Secured Note 960.0416751 20.9871285 1.7280750 22.7152035 00000 939.0545466 Page 2 of 8
Series 2015-SN1 Portfolio Aggregate ABS Value Secured Note Beginning Factor 955.9068775 963.0105786 960.0416751 Ending Factor 933.1302770 943.5827938 939.0545466 Note Pool Factor Beginning Factor 948.4143890 Ending Factor 921.6834440 3. Interest Summary Class Interest Accrual Period, Start Interest Accrual Period, End Accrual Methodology Note Interest Rate Target Interest Distribution Actual Interest Distribution Beginning Interest Carryover Shortfall Amount Interest Carryover Shortfall Amount Allocated/ (Repaid) (1) - (2) = (3) Cumulative Interest Carryover Shortfall Amount (1) (2) (3) Class A-1 5/20/2015 6/21/2015 Actual/360 35000 40,315.34 40,315.34 Class A-2a 5/20/2015 6/21/2015 30/360 93000 193,75 193,75 Class A-2b 5/20/2015 6/21/2015 Actual/360 56400 118,91 118,91 Class A-3 5/20/2015 6/21/2015 30/360 0.0121000 252,083.33 252,083.33 Class A-4 5/20/2015 6/21/2015 30/360 0.0138000 85,79 85,79 Class B 5/20/2015 6/21/2015 30/360 0.0179000 99,046.67 99,046.67 Class C 5/20/2015 6/21/2015 30/360 0.0216000 70,56 70,56 Secured Note 5/20/2015 6/21/2015 30/360 0.0216000 1,930,650.96 1,930,650.96 Page 3 of 8
4. Collections and Distributions A. ACOLT Collections Monthly Lease Payments 19,875,136.88 Pull Ahead Payments Warranty Payments Administrative Purchase Payments 73,281.57 Sale Proceeds 10,190,111.21 Monthly Payment Advances 1,271,188.23 Residual Advances Extended Lease Payments Optional Purchase Price Insurance Proceeds Security Deposits Other Amounts Received 38,313.43 ACOLT Collections 31,448,031.32 Reserve Fund Draw Amount Reimbursement of Monthly Payment Advances Reimbursement of Residual Advances Total ACOLT Available Distribution Amount 414,552.55 31,033,478.77 Distributions Total ACOLT Available Distribution Amount 31,033,478.77 Basic Servicing Fee 968,547.05 Secured Note Interest Distributable Amount 1,930,650.96 Secured Note Principal Distributable Amount 23,447,373.19 AART Collection Account Shortfall Amount 4,686,907.57 Reserve Account Deposit Indenture Trustee expenses Excess Total ACOLT Collection Amount to the ACOLT Certificateholder Page 4 of 8
B. AART AART Collection Account Shortfall Amount Secured Note Interest Distributable Amount Secured Note Principal Distributable Amount Warranty Payments and Administrative Purchase Payments Amounts deposited into the AART Collection Account on the Optional Purchase Date Total AART Collections/Available Amount Collections 4,686,907.57 1,930,650.96 23,447,373.19 30,064,931.72 Distributions Total AART Available Amount 30,064,931.72 Administration Fee 8,938.20 Aggregate Class A Interest Distributable Amount 690,848.67 First Priority Principal Distributable Amount Aggregate Class B Interest Distributable Amount 99,046.67 Second Priority Principal Distributable Amount Aggregate Class C Interest Distributable Amount 70,56 Third Priority Principal Distributable Amount Reserve Account Deposit Noteholders' Regular Principal Distributable Amount 29,195,538.18 Indenture Trustee Expenses Excess To Be Released to AART Certificateholders Page 5 of 8
5. Collateral Summary A. Balances Initial Beginning Ending Series 2015-SN1 Portfolio 1,330,499,172.79 1,271,833,309.83 1,241,529,061.63 Aggregate ABS Value 1,206,898,954.96 1,162,256,460.98 1,138,809,087.79 Secured Note 1,117,226,362.61 1,072,583,868.63 1,049,136,495.44 AART Notes 1,092,200,00 1,035,858,195.69 1,006,662,657.51 There have been no lease assets or secured notes with respect to which material breaches of pool asset representations or warranties or transaction covenants have occurred. B. Number of Lease Assets Initial Number of Lease Assets Beginning Number of Lease Assets Scheduled inations Early inations Not Default Early inations Default Repurchases Other Ending Number of Lease Assets Deal Totals 51,062 50,403 0 394 2 2 0 50,005 C. Pool Composition - Weighted Averages Initial Weighted Average Coupon Beginning Weighted Average Coupon Ending Weighted Average Coupon Initial Weighted Average Original Beginning Weighted Average Original Ending Weighted Average Original Initial Weighted Average Remaining Beginning Weighted Average Remaining Ending Weighted Average Remaining Deal Totals 2.8293200 2.8318100 2.8340000 38.22 38.21 38.20 22.13 21.20 20.24 D. Pool Composition - Prepayments Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Monthly 0.41% 0.74% 0.67% Month 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Monthly Month 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 Monthly Page 6 of 8
6. Losses and Delinquencies Early Defaults Returned Vehicles Sold Delinquencies Average ABS Value Net Loss (Gain) Charge-Off Ratio Aggregate ABS Value Residual Loss (Gain) Residual Loss Ratio Average ABS Value Over 60 Days Percent Delinquent Current 1,150,532,774.39 3,465.69 4 8,810,339.21 (1,375,685.43) (15.61) 1,150,532,774.39 400,276.68 0.035 Preceding 1,174,580,986.81 0 9,824,698.27 (1,554,735.42) (15.82) 1,174,580,986.81 276,811.02 0.024 Next Preceding 1,196,902,233.80 0 5,288,591.96 (778,610.31) (14.72) 1,196,902,233.80 0 Three Month Average 1 (15.39) 0.019 Aggregate ABS Value 45,865.69 8,810,339.21 Residual Advance Reimb. N/A Aggregate Sales Proceeds 42,40 10,147,711.21 Excess Wear/Mileage Charges 3,922.05 Other Amounts Received 34,391.38 Current Net Losses (Gains) 3,465.69 (1,375,685.43) Delinquency Stratification Amount Number of Leases Beginning Cum Net Losses (Gains) (2,333,345.73) 31-60 days 2,669,042.36 122 Current Net Losses (Gains) 3,465.69 (1,375,685.43) 61-90 days 400,276.68 17 Ending Cum Net Losses (Gains) 3,465.69 (3,709,031.16) There have been no material changes related to delinquencies, charge offs or uncollectible amounts. The information contained in this reporting is defined or determined in a manner consistent with the prospectus for Ally Auto Receivables Trust 2015-SN1. > 90 days 0 Page 7 of 8
7. Credit Instruments Accounts and Advances Account Initial Balance Beginning Balance Additions Reductions Ending Balance Required Amount Reserve Account 6,034,494.77 6,034,494.77 6,034,494.77 6,034,494.77 Monthly Payment Advances 2,850,087.85 1,431,663.73 1,271,188.23 414,552.55 2,288,299.41 N/A Residual Advances N/A Payments Ahead 2,474,042.36 2,769,864.04 420,996.66 692,176.07 2,498,684.63 N/A 8. Performance Tests ACOLT Event of Default AART Event of Default Administrator Default Servicer Default Aggregate Overcollateralization Target reached? Initial Aggregate Overcollateralization Amount Current Aggregate Overcollateralization Amount Overcollateralization Target Amount Initial ACOLT Overcollateralization Amount Current ACOLT Overcollateralization Amount All Tests Passed All Tests Passed All Tests Passed All Tests Passed OC Target has not been Reached 114,698,954.96 132,146,430.28 150,862,369.37 89,672,592.35 89,672,592.35 Initial AART Overcollateralization Amount 25,026,362.61 Current AART Overcollateralization Amount 42,473,837.93 This Servicer Certificate relates only to AART 2015-SN1. 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 AART 2015-SN1 will perform in the future. There have been no material modifications, waivers or extensions 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. Page 8 of 8