Independent Accountants’ Report

We have performed the procedures described below, related to certain information with respect to a portfolio of automobile receivables in connection with the proposed offering of American Credit Acceptance Receivables Trust 2025-3. American Credit Acceptance, LLC (“ACA” or the “Company”) is responsible for the information provided to us, including the information set forth in the Statistical Receivable File (as defined herein).

The Company has agreed to the procedures and acknowledged that the procedures performed are appropriate to meet the intended purpose of evaluating the accuracy of certain information related to the Statistical Receivable File. Additionally, Wells Fargo Securities, LLC (together with the Company, the “Specified Parties”) has agreed to the procedures and acknowledged that the procedures performed are appropriate for their purposes.  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.  Consequently, we make no representations regarding the appropriateness of the procedures described below either for the purpose for which this report has been requested or for any other purpose.

Agreed-Upon Procedures

On June 13, 2025, representatives of the Company provided us with a computer-generated data file and related record layout containing data, as represented to us by the Company, as of the close of business June 12, 2025, with respect to 22,274 automobile receivables (the “Initial Statistical Receivable File”).

At the Company’s instruction, we randomly selected 125 automobile receivables from the Initial Statistical Receivable File (the “Sample Receivables”) that indicated (i) a “booking date” on or after June 12, 2024 and (ii) a “tapefiledate” of “6/12/2025.”

Further, on July 1, 2025, representatives of the Company provided us with a supplemental data file (the “Supplemental Data File”) containing the vantage score for each of the Sample Receivables.  At the instruction of the Company, we appended the Initial Statistical Receivable File with the corresponding information set forth on the Supplemental Data File.  The Initial Statistical Receivable File, as adjusted, is hereinafter referred to as the “Statistical Receivable File.”

At the instruction of the Company, we performed certain comparisons and recomputations for each of the Sample Receivables relating to the automobile receivable characteristics (the “Characteristics”) set forth on the Statistical Receivable File and indicated below.

Characteristics

* For Sample Receivables that indicated a FICO score on the Statistical Receivable File only.

We compared Characteristic 1. to the corresponding information set forth on or derived from (i) the Installment Sales Contract (the “Contract”) or the Title Certificate, Title Application, Lien Entry Form, Vehicle Taxpayer Services Division Multi-Purpose Application, Assignment of Retail Installment Sales Contract and Security Interest, or other related correspondence (collectively, the “Title Certificate”) and (ii) screen shots from the Company’s originating system (the “Originating System Screen Shots”) or  a query provided to us by the Company on July 1, 2025 from the Company’s servicing system (collectively, the “Servicing System Query”).

We compared Characteristics 2. through 5. to the corresponding information set forth on or derived from the Contract and screen shots from the Company’s servicing system (“Servicing System Screen Shots”).

We compared Characteristics 6. and 7. to the corresponding information set forth on or derived from the (i) Contract and (ii) Originating System Screen Shots or the Servicing System Query.

We compared Characteristic 8. to the corresponding information set forth on the Servicing System Screen Shots.

We compared Characteristic 9. to the corresponding information set forth on the Originating System Screen Shots or Servicing System Query.

We compared Characteristic 10. to the corresponding information set forth on the Originating System Screen Shots.

Using the related “custom score model name” set forth on the Statistical Receivable File for each Sample Receivable (except for those Sample Receivables originated by an “Originating Affiliate,” as represented to us by the Company), we compared Characteristic 11. to the corresponding information set forth on the Originating System Screen Shots.

At the instruction of the Company, for purposes of our procedures:

In addition to the procedures described above, for each of the Sample Receivables, we looked for the existence of or observed the following:

The automobile receivable documents described above, including any information obtained from the indicated systems, and any other related documents used in support of the Characteristics were provided to us by representatives of the Company and are collectively referred to hereinafter as the “Receivable Documents.”  We were not requested to perform, and we did not perform, any procedures with respect to the preparation or verification of any of the information set forth on the Receivable Documents and we make no representations concerning the accuracy or completeness of any of the information contained therein.  In certain instances, our procedures were performed using data imaged facsimiles or photocopies of the Receivable Documents.  In addition, we make no representations as to whether the Receivable Documents are comprehensive or valid instruments or reflect the current prevailing terms with respect to the corresponding Sample Receivables.

Agreed-Upon Procedures’ Findings

The results of the foregoing procedures indicated that the Characteristics set forth on the Statistical Receivable File were found to be in agreement with the above-mentioned Receivable Documents, except as indicated in Appendix A. Supplemental information is contained in Appendix B.

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We make no representations as to the (i) actual characteristics or existence of the underlying documents or data comprising the automobile receivables underlying the Statistical Receivable File or the conformity of their characteristics with those assumed for purposes of the procedures described herein, (ii) existence or ownership of the automobile receivables or (iii) reasonableness of any of the aforementioned assumptions, information or methodologies.

It should be understood that we make no representations as to questions of legal interpretation or as to the sufficiency for your purposes of the procedures enumerated in the preceding paragraphs. Also, such procedures would not necessarily reveal any material misstatement of the information referred to above.  We have no responsibility to update this report for events and circumstances that occur subsequent to the date of this report.

We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants (“AICPA”). An agreed-upon procedures engagement involves the practitioner performing specific procedures that the engaging party has 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 conduct, and did not conduct, an (i) audit conducted in accordance with generally accepted auditing standards or (ii) examination or a review engagement conducted in accordance with attestation standards established by the AICPA, the objective of which would be the expression of an opinion or conclusion, respectively, on the Statistical Receivable File.  Accordingly, we do not express such an opinion or conclusion, or any other form of assurance, including reasonable assurance.  Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

We are required to be independent of the Company 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 procedure engagements are less restrictive than independence requirements for audit and other attestation services.

 

None of the engagement, procedures or report was intended to address, nor did they address, the (i) conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements, (ii) value of collateral securing such assets or (iii) compliance of the originator of the assets with federal, state, and local laws and regulations.

None of the engagement, procedures or report were intended to satisfy, nor did they satisfy, any criteria for due diligence published by a nationally recognized statistical rating organization.

This report is intended solely for the information and use of the Specified Parties identified above and is not intended to be and should not be used by anyone other than these Specified Parties.

 

Appendix A to Independent Accountants’ Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated July 10, 2025.

In applying our agreed-upon procedures as outlined above, we observed the following:

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.

Appendix B to Independent Accountants’ Report on Applying Agreed-Upon Procedures issued by Deloitte & Touche LLP dated July 10, 2025 (Redacted).

The information above reflects the procedures performed and is subject to the conditions set forth in the agreed-upon procedures report to which this appendix is attached.

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