UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-D
ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the monthly distribution period from
December 1, 2022 to December 31, 2022
Commission File Number of issuing entity: 333-229068-06
CIK number of issuing entity: 0001822360
GM FINANCIAL AUTOMOBILE LEASING TRUST 2020-3
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-229068
CIK number of depositor: 0001631055
GMF LEASING LLC
(Exact name of depositor as specified in its charter)
CIK number of sponsor: 0001002761
AMERICREDIT FINANCIAL SERVICES, INC.
(Exact name of sponsor as specified in its charter)
Randal L. Willis (817) 302-7000
(Name and telephone number of person to contact in connection with this filing)
| Delaware | 85-6478533 | |
| (State or other jurisdiction of incorporation or organization of the issuing entity) |
(I.R.S. Employer Identification No.) | |
|
c/o AmeriCredit Financial Services, Inc. 801 Cherry Street, Suite 3500 Fort Worth, TX 76102 |
76102 | |
|
(Address of principal executive offices of issuing entity) |
|
(Zip Code) |
(817) 302-7000
(Telephone number, including area code)
N/A
(Former name, former address, if changed since last report)
Registered/reported pursuant to (check one) |
Name of exchange | |||
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
(If Section 12(b)) |
| Class A-1 | ☐ | ☐ | ☒ | |
| Class A-2-A | ☐ | ☐ | ☒ | |
| Class A-2-B | ☐ | ☐ | ☒ | |
| Class A-3 | ☐ | ☐ | ☒ | |
| Class A-4 | ☐ | ☐ | ☒ | |
| Class B | ☐ | ☐ | ☒ | |
| Class C | ☐ | ☐ | ☒ | |
| Class D | ☐ | ☐ | ☒ | |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
PART I – DISTRIBUTION INFORMATION
ITEM 1 – Distribution and Pool Performance Information.
The response to Item 1 is set forth in part herein and in part in Exhibit 99.1
The record date for distributions described in Exhibit 99.1 was January 19, 2023.
No assets securitized by AmeriCredit Financial Services, Inc. d/b/a GM Financial (the “Securitizer”) and held by GM Financial Automobile Leasing Trust 2020-3 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the distribution period from December 1, 2022 to December 31, 2022.
The Securitizer (CIK # 0001002761) filed Form ABS-15G on February 1, 2022.
Item 1A. – Asset-Level Information.
The response to Item 1A is set forth in Exhibit 102.1 and Exhibit 103.1 each of which is incorporated by reference into this Form 10-D as described in Item 10.
Item 1B. – Asset Representations Reviewer and Investor Communication.
None
PART II – OTHER INFORMATION
ITEM 2 – Legal Proceedings.
None
ITEM 3 – Sales of Securities and Use of Proceeds.
None
ITEM 4 – Defaults Upon Senior Securities.
None
ITEM 5 – [Reserved]
ITEM 6 – Significant Obligors of Pool Assets.
None
ITEM 7 – Change in Sponsor Interest in the Securities.
None
ITEM 8 – Significant Enhancement Provider Information.
None
ITEM 9 – Other Information.
None
ITEM 10 – Exhibits.
| (a) | Documents filed as part of this report: |
| 99.1 | Monthly Servicer’s Certificate |
| (b) | Exhibits required by this Form and Item 601 of Regulation S-K (17 CFR 229.601). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
GM FINANCIAL AUTOMOBILE LEASING TRUST 2020-3
(Issuing Entity)
Dated: January 27, 2023
| By: AmeriCredit Financial Services, Inc. d/b/a GM Financial, as Servicer | ||
| By: | /s/ Randal L. Willis | |
| Name: | Randal L. Willis | |
| Title: | Senior Vice President, Securitization & Conduit Reporting | |