<PAGE>
AmeriCredit Automobile Receivables Trust 2000-A
Class A-1 6.0400 % Asset Backed Notes
Class A-2 6.5400 % Asset Backed Notes
Class A-3 7.1500 % Asset Backed Notes
Class A-4 7.2900 % Asset Backed Notes
Preliminary Servicer's Certificate
This Servicer's Certificate has been prepared pursuant to Section 4.9 of the
Sale and Servicing Agreement among AmeriCredit Automobile Receivables Trust
2000-A, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS
Funding Corp., as Seller, and Bank One, N.A., as Backup Servicer and Trust
Collateral Agent, dated as of February 6, 2000. Defined terms have the
meanings assigned to them in the Sale and Servicing Agreement or in other
Transaction Documents.
The undersigned hereby certifies that no Trigger Event has occurred on the
related Determination Date and that, to the knowledge of the Servicer, no
Insurance Agreement Event of Default has occurred.
<TABLE>
<S> <C> <C> <C> <C> <C>
Monthly Period Beginning: 05/01/2000
Monthly Period Ending: 05/31/2000
I. MONTHLY PERIOD RECEIVABLES PRINCIPAL BALANCE CALCULATION:
A. Beginning of period Aggregate Principal Balance $1,264,169,179
--------------
B. Purchase of Subsequent Receivables 0
--------------
C. Monthly Principal Amounts
(1) Collections on Receivables outstanding
at end of period 34,627,529
------------
(2) Collections on Receivables paid off
during period 7,569,538
------------
(3) Receivables becoming Liquidated Receivables
during period 1,841,567
------------
(4) Receivables becoming Purchased Receivables
during period
------------
(5) Cram Down Losses occurring during period
------------
(6) Other Receivables adjustments 15,207
------------
(7) Less amounts allocable to Interest (19,751,501)
------------
Total Monthly Principal Amounts 24,302,340
--------------
D. End of period Aggregate Principal Balance $1,239,866,839
==============
E. Pool Factor 95.3744479%
==============
II. MONTHLY PERIOD NOTE BALANCE CALCULATION:
Class A-1 Class A-2 Class A-3 Class A-4 TOTAL
--------- --------- --------- --------- -----
A. Beginning of period Note Balance $129,590,668 $313,000,000 $572,000,000 $233,000,000 $1,247,590,668
----------------------------------------------------------------------
B. Noteholders' Principal Distributable Amount 24,302,340 0 0 0 24,302,340
C. Noteholders' Accelerated Principal Amount 8,961,582 0 0 0 8,961,582
D. Accelerated Payment Amount Shortfall 152,934 0 0 0 152,934
E. Note Prepayment Amount 0 0 0 0 0
F. Deficiency Claim Amount 0 0 0 0 0
----------------------------------------------------------------------
G. End of period Note Balance $96,173,812 $313,000,000 $572,000,000 $233,000,000 $1,214,173,812
======================================================================
H. Note Pool Factors 52.8427538% 100.0000000% 100.0000000% 100.0000000% 93.3979855%
======================================================================
1
<PAGE>
III. RECONCILIATION OF PRE-FUNDING ACCOUNT:
A. Beginning of period Pre-Funding Account balance $0
------------
B. Purchase of Subsequent Receivables 0
------------
C. Investment Earnings 0
------------
D. Investment Earnings Transfer to Collections Account 0
------------
E. Payment of Mandatory Prepayment Amount 0
------------
0
------------
F. End of period Pre-Funding Account balance $0
============
IV. CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT
A. Total Monthly Principal Amounts $24,302,340
------------
B. Required Pro-forma Security Balance 1,115,880,155
-------------
C. Pro-forma Security Balance (Assuming 100% Paydown of
Total Monthly Principal Amounts) 1,223,288,328
-------------
D. Step-down Amount (B.-C.) 0
------------
E. Principal Distributable Amount (A.-D.) $24,302,340
============
V. RECONCILIATION OF CAPITALIZED INTEREST ACCOUNT:
A. Beginning of period Capitalized Interest Account balance $0
------------
B. Monthly Capitalized Interest Amount 0
-------------
C. Investment Earnings 0
-------------
D. Investment Earnings Transfer to Collections Account 0
-------------
E. Payment of Overfunded Capitalized Interest Amount 0
-------------
F. Payment of Remaining Capitalized Interest Account 0
-------------
0
------------
G. End of period Capitalized Interest Account balance $0
============
VI. RECONCILIATION OF COLLECTION ACCOUNT:
A. Available Funds:
(1) Collections on Receivables during period
(net of Liquidation Proceeds) $42,197,067
-------------
(2) Liquidation Proceeds collected
during period 954,241
-------------
(3) Purchase Amounts deposited in Collection
Account
-------------
(4) (a) Investment Earnings - Collection Account 227,357
-------------
(b) Investment Earnings - Transfer From
Prefunding Account 0
-------------
(c) Investment Earnings - Transfer From
Capitalized Interest Account 0
-------------
(5) Collection of Supplemental Servicing Fees
(a) Extension Fees 2,571
-------------
(b) Repo and Recovery Fees Advanced 36,376
-------------
(c) Other Fees 111,880
-------------
(6) Monthly Capitalized Interest Amount 0
-------------
(7) Mandatory Prepayment Amount
-------------
Total Available Funds 43,529,492
------------
B. Distributions:
(1) Base Servicing Fee and Supplemental Servicing
Fees
(a) Base Servicing Fee 2,370,317
-------------
(b) Repo and Recovery Fees 36,376
-------------
(c) Bank Service Charges 11,348
-------------
(d) Other Fees 111,880
-------------
(2) Agent fees 417
-------------
(3) Refunds of Overpayments paid by AFS 35,022
-------------
(4) Noteholders' Interest Distributable Amount
(a) Class A-1 674,015
-------------
(b) Class A-2 1,705,850
-------------
(c) Class A-3 3,408,167
-------------
(d) Class A-4 1,415,475
-------------
(5) Noteholders' Principal Distributable Amount
(a) Class A-1 24,302,340
-------------
(b) Class A-2 0
-------------
(c) Class A-3 0
-------------
(d) Class A-4 0
-------------
(6) Security Insurer Premiums 496,703
-------------
Total distributions 34,567,910
------------
C. Excess Available Funds (or Deficiency Claim Amount ) 8,961,582
------------
D. Noteholders' Accelerated Principal Amount (8,961,582)
------------
E. Deposit to Spread Account $0
============
2
<PAGE>
VlI. CALCULATION OF ACCELERATED PRINCIPAL AMOUNT
A. Excess Available Funds (VI.C.) $8,961,582
-------------
B. Pro Forma Security Balance (II.A.-II.B.) 1,223,288,328
-------------
C. Required Pro Forma Security Balance (90% x (I.D.+III.F.) 1,115,880,155
-------------
D. Excess of Pro Forma Balance over Required Balance
(B.-C.) 107,408,173
-------------
E. End of Period Class A-1 Note Balance (before accel.
payments) 105,288,328
-------------
F. Lesser of D. or E. 105,288,328
-------------
G. Accelerated Principal Amount (lesser of A. or F.) $8,961,582
------------
VIII. CALCULATION OF ACCELERATED PAYMENT AMOUNT SHORTFALL
A. Pro Forma Security Balance $1,223,288,328
-------------
B. Required Pro Forma Security Balance 1,115,880,155
-------------
C. Excess of Pro Forma Balance over Required Balance
(A.-B.) 107,408,173
-------------
D. End of Period Class A-1 Note Balance (before accel.
payments) 105,288,328
-------------
E. Greater of C. or D. 107,408,173
-------------
F. Excess Available Funds (VI.C.) 8,961,582
-------------
G. Investment Earnings on Collection Account 227,357
-------------
H. Accelerated Payment Amount Shortfall (E.-F.+G.) $98,673,948
------------
IX. RECONCILIATION OF SPREAD ACCOUNT:
A. Beginning of period Spread Account balance $38,999,969
------------
B. Additions to Spread Account
(1) Deposits from Collections Account (VI. E.) 0
-------------
(2) Investment Earnings 152,934
-------------
(3) Deposits Related to Subsequent Receivables
Purchases 0
-------------
Total Additions 152,934
------------
C. Spread Account balance available for withdrawals 39,152,903
------------
D. Requisite Amount of Spread Account
(1) Initial Spread Account Deposit $19,500,000
-------------
(2) Subsequent Spread Account Deposits 19,499,969
-------------
(3) Total Initial & Subsequent Spread Account
Deposits (1)+(2) 38,999,969
-------------
(4) $100,000 100,000
-------------
(5) 1 1/2% of Original Pool Balance (total
deliveries) $19,499,985
-------------
(6) End of period Note Balance 1,214,173,812
-------------
(7) Lesser of (5) or (6) 19,499,985
-------------
(8) Floor Amount Greater of (4) or (7) 19,499,985
-------------
(9) Aggregate Principal Balance 1,239,866,839
-------------
(10) End of period Note Balance 1,214,173,812
-------------
(11) Line (9) less line (10) (During Funding Period
amount equal to zero) 25,693,027
-------------
(12) OC level (11) / (9) 2.07%
-------------
(13) Spread Ending Balance as a percentage of
Aggregate Principal Balance 3.15%
-------------
(14) OC Percentage (12) + (13) 5.22%
-------------
(15) 13% less OC level, if OC percentage is greater
than or equal to 13% n/a
-------------
(16) If OC percentage is equal to or greater than
13%, Percent in (15) x End of Period -------------
Aggregate Principal Balance n/a
-------------
(17) If OC level is less than 10%, 3% of Original
Pool Balance (total deliveries) 38,999,969
-------------
(18) 15% of end of period Aggregate Principal
Balance if Trigger Date n/a
-------------
Requisite Amount of Spread Account (either (3), (8), (16),
(17), or (18) as applicable) 38,999,969
------------
E. Withdrawals from Spread Account
(1) Priority First - Deficiency Claim Amount 0
-------------
(2) Priority Second through Third
-------------
(3) Priority Fourth - Accelerated Payment Amount
Shortfall 98,673,948
------------
Accelerated Payment Amount Shortfall in Excess
of Requisite Amount 152,934
-------------
(4) Priority Fifth through Sixth
-------------
(5) Priority Seventh - to Servicer
-------------
Total withdrawals 152,934
------------
F. End of period Spread Account balance $38,999,969
------------
3
<PAGE>
X. ONTHLY PERIOD NUMBER OF RECEIVABLES CALCULATION:
A. Beginning of period number of Receivables 92,313
------------
B. Number of Subsequent Receivables Purchased 0
------------
C. Number of Receivables becoming Liquidated
Receivables during period 145
------------
D. Number of Receivables becoming Purchased
Receivables during period
------------
E. Number of Receivables paid off during period 755
------------
F. End of period number of Receivables 91,413
============
XI. STATISTICAL DATA:
A. Weighted Average APR of the Receivables 18.99%
------------
B. Weighted Average Remaining Term of the Receivables 55.27
------------
C. Average Receivable Balance $13,563
------------
D. Aggregate Realized Losses $1,165,684
------------
</TABLE>
By: /s/ Preston A. Miller
---------------------
Name: Preston A. Miller
-----------------
Title: Executive Vice President and Treasurer
--------------------------------------
Date: June 2, 2000
------------
4
<PAGE>
AmeriCredit Automobile Receivables Trust 2000-A
Class A-1 6.04000 % Asset Backed Notes
Class A-2 6.5400 % Asset Backed Notes
Class A-3 7.1500 % Asset Backed Notes
Class A-4 7.2900 % Asset Backed Notes
Servicer's Certificate
This Servicer's Certificate has been prepared pursuant to Section 4.9 of the
Sale and Servicing Agreement among AmeriCredit Automobile Receivables Trust
2000-A, as Issuer, AmeriCredit Financial Services, Inc., as Servicer, AFS
Funding Corp., as Seller, and Bank One, N.A., as Backup Servicer and Trust
Collateral Agent, dated as of February 6, 2000. Defined terms have the meanings
assigned to them in the Sale and Servicing Agreement or in other Transaction
Documents.
The undersigned hereby certifies that no Trigger Event has occurred on the
related Determination Date and that, to the knowledge of the Servicer, no
Insurance Agreement Event of Default has occurred.
<TABLE>
<CAPTION>
Monthly Period Beginning: 05/01/2000
Monthly Period Ending: 05/31/2000
<S> <C> <C> <C> <C> <C>
I. MONTHLY PERIOD NOTE BALANCE CALCULATION:
Class A-1 Class A-2 Class A-3 Class A-4 TOTAL
--------- --------- --------- --------- -----
A. Preliminary End of period Note Balance $96,173,812 $313,000,000 $572,000,000 $233,000,000 $1,214,173,812
----------------------------------------------------------------------
B. Deficiency Claim Amount 0 0 0 0 0
C. End of period Note Balance $96,173,812 $313,000,000 $572,000,000 $233,000,000 $1,214,173,812
======================================================================
D. Note Pool Factors 52.8427538% 100.0000000% 100.0000000% 100.0000000% 93.3979855%
======================================================================
II. RECONCILIATION OF SPREAD ACCOUNT:
A. Preliminary End of period Spread Account balance $38,999,969
--------------
B. Priority First - Deficiency Claim Amount from preliminary
certificate 0
--------------
C. End of period Spread Account balance $38,999,969
--------------
III. PERFORMANCE TESTS:
A. Delinquency Ratio
(1) Receivables with Scheduled Payment
delinquent more than 60 days
at end of period $11,607,262
-------------
(2) Purchased Receivables with Scheduled Payment
delinquent more than 60 days at end of
period
-------------
(3) Beginning of period Principal Balance 1,264,169,179
-------------
(4) Delinquency Ratio (1)+(2) divided by (3) 0.92%
-------------
(5) Previous Monthly Period Delinquency Ratio 0.53%
-------------
(6) Second previous Monthly Period Delinquency Ratio 0.31%
-------------
(7) Average Delinquency Ratio (4)+(5)+(6)
divided by 3 0.59%
-------------
(8) Compliance (Delinquency Test Failure is a
Delinquency Ratio equal to or greater than
5.00%) yes
-------------
1
<PAGE>
B. Cumulative Default Rate
(1) Defaulted Receivables in Current Period $4,629,209
-------------
(2) Cumulative Defaulted Receivables Including
Defaulted Receivables in Current Period 8,236,820
-------------
(3) Original Pool Balance 1,299,998,969
-------------
(4) Cumulative Default Rate (2) divided by (3) 0.63%
-------------
(5) Compliance (Default Test Failure is a Cumulative
Default Rate equal to or greater than
8.74%.) yes
-------------
C. Cumulative Net Loss Rate
(1) Receivables becoming Liquidated Receivables
during period $1,841,567
-------------
(2) Purchased Receivables with Scheduled
Payment delinquent more than 30 days at end
of period
-------------
(3) Cram Down Losses occurring during period
-------------
(4) Liquidation Proceeds collected during period (954,241)
-------------
(5) Net Losses during period (1)+(2)+(3)-(4) 887,326
-------------
(6) Net Losses since Initial Cut-off Date (Beginning
of Period) 278,358
-------------
(7) CUMULATIVE NET LOSS RATE BEFORE 50% OF 90 DAY
DELINQUENCIES 0.09%
-------------
(5) + (6) divided by (9)
(8) 50% of Receivables with Scheduled Payment
delinquent more than 90 days at end of period 2,027,277
-------------
(9) Original Aggregate Principal Balance plus
Pre-Funded Amount as of the Closing Date 1,300,000,000
-------------
(10) Cumulative Net Loss Rate (5)+(6)+(8)
divided by (9) 0.25%
-------------
(11) Compliance (Net Loss Test Failure is a
Net Loss Rate equal to or greater than
5.00%.) yes
-------------
D. Extension Rate
(1) Principal Balance of Receivables extended during
current period $278,869
-------------
(2) Beginning of Period Aggregate Principal Balance 1,264,169,179
-------------
(3) Extension Rate (1) divided by (2) 0.02%
-------------
(4) Previous Monthly Extension Rate 0.03%
-------------
(5) Second previous Monthly Extension Rate 0.04%
-------------
(6) Average Extension Rate (3)+(4)+(5)
divided by 3 0.03%
-------------
(7) Compliance (Extension Test Failure is an
Extension Rate equal to or greater than 4%.) yes
-------------
IV. DELINQUENCY:
A. Receivables with Scheduled Payment delinquent
(1) 31-60 days # 3,806 $53,492,378 4.23%
------------------------------------------
(2) 61-90 days 694 9,515,430 0.75%
------------------------------------------
(3) over 90 days 146 2,091,832 0.17%
------------------------------------------
Receivables with Scheduled Payment delinquent
more than 30 days at end of period 4,646 $65,099,640 5.15%
==========================================
</TABLE>
By: /s/ Preston A. Miller
---------------------
Name: Preston A. Miller
-----------------
Title: Executive Vice President and Treasurer
--------------------------------------
Date: June 2, 2000
------------
2