Asset-Backed Issuer Distribution Report (Form 10-D)

GM Financial Automobile Leasing Trust 2024-1

5.49% Exchange Note

Class A-1 5.51400% Asset Backed Notes

Class A-2A 5.18% Asset Backed Notes

Class A-2B Floating Asset Backed Notes

Class A-3 5.09% Asset Backed Notes

Class A-4 5.09% Asset Backed Notes

Class B 5.33% Asset Backed Notes

Class C 5.41% Asset Backed Notes

Class D 5.48% Asset Backed Notes

Servicer's Certificate

Beginning of Period:	07/01/25
End of Period:	07/31/25
Number of days in Interest Period (Actual/360):	30
Number of days in Collection Period:	31
Report Due Date:	08/18/25
Distribution Date:	08/20/25
Transaction Month:	18

										Original Agg.
2024-1 Designated Pool		Units				Start Date		Closing Date		Securitization Value
			55,552			01/03/2024		02/15/2024		$	1,755,858,739
Total			55,552							$	1,755,858,739

RECONCILIATION OF 2024-1 DESIGNATED POOL AGGREGATE SECURITIZATION VALUE

{1}

Beginning of period Aggregate Securitization Value

{1}

$

1,013,983,056

{2}

Reduction in Agg. Securitization Value due to payments

{2}

11,167,934

{3}

Reduction in Agg. Securitization Value due to Defaulted Leases

{3}

1,480,529

{4}

Reduction in Agg. Securitization Value due to early terminations, dealer buyouts, cancellations, repurchases

{4}

49,444,675

{5}

Other adjustments

{5}

0

{6}

Total change in Agg. Securitization Value

{6}

62,093,138

{7}

End of period Aggregate Securitization Value

{7}

$

951,889,918

{8}

Pool Factor

{8}

54.212215

%

RECONCILIATION OF 2024-1 EXCHANGE NOTE

{9}		Original Exchange Note Balance		{9}		$	1,690,000,000
{10}		Beginning of period Exchange Note Balance		{10}		$	948,124,317
{11}		Exchange Note Principal Payment Amount		{11}			62,093,138
{12}		End of period Exchange Note Balance		{12}		$	886,031,179
{13}		Note Pool Factor		{13}			52.427880	%

RECONCILIATION OF THE ASSET BACKED NOTES

						Class A-1				Class A-2A				Class A-2B				Class A-3				Class A-4
{14}		Original Note Balance		{14}		$	246,120,000			$	275,640,000			$	275,640,000			$	551,290,000			$	75,250,000
{15}		Beginning of period Note Balance		{15}		$	0			$	5,813,944			$	5,813,944			$	551,290,000			$	75,250,000
{16}		Noteholders' Principal Distributable Amount		{16}			0				5,813,944				5,813,944				50,465,250				0
{17}		Noteholders' Accelerated Principal Amount		{17}			0				0				0				0				0
{18}		Aggregate Principal Parity Amount		{18}			0				0				0				0				0
{19}		Matured Principal Shortfall		{19}			0				0				0				0				0
{20}		End of period Note Balance		{20}		$	0			$	0			$	0			$	500,824,750			$	75,250,000
{21}		Note Pool Factor		{21}			0.000000	%			0.000000	%			0.000000	%			90.8459704	%			100.000000	%

						Class B				Class C				Class D				TOTAL
{22}		Original Note Balance		{22}		$	76,400,000			$	71,150,000			$	43,900,000			$	1,615,390,000
{23}		Beginning of period Note Balance		{23}		$	76,400,000			$	71,150,000			$	43,900,000			$	829,617,888
{24}		Noteholders' Principal Distributable Amount		{24}			0				0				0				62,093,138
{25}		Noteholders' Accelerated Principal Amount		{25}			0				0				0				0
{26}		Aggregate Principal Parity Amount		{26}			0				0				0				0
{27}		Matured Principal Shortfall		{27}			0				0				0				0
{28}		End of period Note Balance		{28}		$	76,400,000			$	71,150,000			$	43,900,000			$	767,524,750
{29}		Note Pool Factor		{29}			100.000000	%			100.000000	%			100.000000	%			47.513279	%

EXCHANGE NOTE MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS

Principal payment calculation:

{30}

Beginning of period Designated Pool Balance

{30}

$

1,013,983,056

{31}

Ending Designated Pool Balance

{31}

951,889,918

{32}

Unpaid prior Exchange Note Principal Payment Amount

{32}

0

{33}

Sum of {31} + {32}

{33}

951,889,918

{34}

Exchange Note Principal Payment Amount {30} - {33}

{34}

$

62,093,138

		Interest calculation:
				Beg Note Balance				Interest Carryover				Interest Rate				Days		Days Basis		Interest
{35}				$	948,124,317			$	0				5.49	%		30		30/360		$	4,337,669

RECONCILIATION OF EXCHANGE NOTE COLLECTION ACCOUNT

Additions:

{36}

2024-1 Designated Pool Collections (net of Liquidation Proceeds and fees)

{36}

$

19,178,912

{37}

Net Liquidation Proceeds collected during period

{37}

56,645,086

{38}

Investment Earnings

{38}

252,007

{39}

Investment Earnings - transferred to Indenture Note Collection Account

{39}

(252,007

)

{40}

Deposit from Servicer

{40}

0

{41}

Total Additions:

{41}

75,823,998

Distributions:

{42}

To the Servicer, Designated Pool Servicing Fee

{42}

844,986

{43}

To the 2024-1 Exchange Noteholder, the Exchange Note Interest Payment Amount

{43}

4,337,669

{44}

To the 2024-1 Exchange Noteholder, the Exchange Note Principal Payment Amount

{44}

62,093,138

{45}

To the 2024-1 Exchange Noteholder, any funds available to pay obligations pursuant to Indenture Section 8.3 (a)(i) through (xvii)

{45}

0

{46}

To the 2024-1 Exchange Noteholder, all remaining funds to be applied as Excess Exchange Note Payments

{46}

8,548,205

{47}

Total Distributions:

{47}

$

75,823,998

NOTEHOLDERS' MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS

Noteholders' Principal Distributable calculation:

{48}

Beginning Agg. Securitization Value

{48}

$

1,013,983,056

{49}

Ending Agg. Securitization Value

{49}

951,889,918

{50}

Principal Distributable Amount {48} - {49}

{50}

62,093,138

{51}

Noteholders' Principal Carryover Amount

{51}

0

{52}

Principal Distributable Amount + Noteholders' Principal Carryover Amount

{52}

62,093,138

{53}

Amount required to reduce Outstanding Amount after giving effect to distributions made pursuant to Indenture Section 8.3 (a) (i) through (xiii) to the Required Pro Forma Note Balance

{53}

62,093,138

{54}

Noteholders' Principal Distributable Amount Lesser of {52} and {53}

{54}

$

62,093,138

		Noteholders' Interest Distributable calculation:
		Class		Beg Note Balance				Interest Carryover				Interest Rate				Days		Days Basis		Interest
{55}		Class A-1		$	0			$	0				5.51400	%		30		Actual/360		$	0
{56}		Class A-2A		$	5,813,944				0				5.18	%		30		30/360			25,097
{57}		Class A-2B		$	5,813,944				0				4.79798	%		30		Actual/360			23,246
{58}		Class A-3		$	551,290,000				0				5.09	%		30		30/360			2,338,389
{59}		Class A-4		$	75,250,000				0				5.09	%		30		30/360			319,186
{60}		Class B		$	76,400,000				0				5.33	%		30		30/360			339,344
{61}		Class C		$	71,150,000				0				5.41	%		30		30/360			320,768
{62}		Class D		$	43,900,000				0				5.48	%		30		30/360			200,477

RECONCILIATION OF INDENTURE COLLECTION ACCOUNT

Available Funds:

{63}

2024-1 Exchange Note Collections

{63}

$

74,979,012

{64}

Investment Earnings

{64}

0

{65}

Investment Earnings - transferred from Exchange Note Collection Account

{65}

252,007

{66}

Investment Earnings - and amounts released from Reserve Account pursuant to Section 2.14(b)(ii) of Servicing Supplement

{66}

15,589

{67}

Optional Purchase Price

{67}

0

{68}

Indenture Section 5.4 disposition of Collateral

{68}

0

{69}

Available Funds:

{69}

75,246,608

{70}

Reserve Account Withdrawal Amount

{70}

0

{71}

Total Distributable Funds:

{71}

75,246,608

Distributions:

{72}

To the Successor Servicer, unpaid transition expenses, pro rata

{72}

0

{73}

To the Indenture Trustee, any accrued and unpaid fees & expenses, pro rata

{73}

417

{74}

To the Issuer Owner Trustee, any accrued and unpaid fees & expenses, pro rata

{74}

250

{75}

To the Asset Representations Reviewer, any accrued and unpaid fees & expenses, pro rata

{75}

0

{76}

Class A-1 Noteholders' Interest Distributable Amount pari passu

{76}

0

{77}

Class A-2A Noteholders' Interest Distributable Amount pari passu

{77}

25,097

{78}

Class A-2B Noteholders' Interest Distributable Amount pari passu

{78}

23,246

{79}

Class A-3 Noteholders' Interest Distributable Amount pari passu

{79}

2,338,389

{80}

Class A-4 Noteholders' Interest Distributable Amount pari passu

{80}

319,186

{81}

Class A Noteholders' Principal Parity Amount or Matured Principal Shortfall

{81}

0

{82}

Class B Noteholders' Interest Distributable Amount

{82}

339,344

{83}

Class B Noteholders' Principal Parity Amount or Matured Principal Shortfall

{83}

0

{84}

Class C Noteholders' Interest Distributable Amount

{84}

320,768

{85}

Class C Noteholders' Principal Parity Amount or Matured Principal Shortfall

{85}

0

{86}

Class D Noteholders' Interest Distributable Amount

{86}

200,477

{87}

Class D Noteholders' Principal Parity Amount or Matured Principal Shortfall

{87}

0

{88}

Noteholders' Principal Distributable Amount

{88}

62,093,138

{89}

To the Reserve Account, the Reserve Account Required Amount

{89}

0

{90}

To the Noteholders, the Accelerated Principal Amount (as calculated below)

{90}

0

{91}

To the Successor Servicer, any amounts in excess of the caps set forth, pro rata

{91}

0

{92}

To the Indenture Trustee, any amounts in excess of the caps set forth, pro rata

{92}

0

{93}

To the Asset Representations Reviewer, any amounts in excess of the caps set forth, pro rata

{93}

0

{94}

To the Issuer Owner Trustee, any amounts in excess of the caps set forth, pro rata

{94}

0

{95}

To the Issuer Trust Certificateholders, the aggregate amount remaining

{95}

9,586,296

{96}

Total Distributions:

{96}

$

75,246,608

PRINCIPAL PARITY AMOUNT CALCULATION

		Class		(X) Cumulative Note Balance				(Y) Aggregate Securitization Value				(I) Excess of (X) - (Y)				(II) Total Available Funds in Indenture Collection Account				Lesser of (I) or (II)
{97}		Class A		$	638,167,888			$	951,889,918			$	0			$	72,540,023			$	0
{98}		Class B			714,567,888				951,889,918				0				72,200,679				0
{99}		Class C			785,717,888				951,889,918				0				71,879,911				0
{100}		Class D			829,617,888				951,889,918				0				71,679,434				0

ACCELERATED PRINCIPAL AMOUNT CALCULATION

{101}

Excess Total Available Funds

{101}

$

9,586,296

{102}

Beginning Note Balance

{102}

829,617,888

{103}

Principal payments through Indenture Section 8.3 (a) (i) through (xv)

{103}

62,093,138

{104}

Pro-Forma Note Balance

{104}

767,524,750

{105}

Ending Aggregate Securitization Value

{105}

951,889,918

{106}

10.5% of Aggregate Securitization Value as of Cutoff until Class A-2 is paid in full, 9.5% Thereafter ($184,365,168)

{106}

184,365,168

{107}

Required Pro Forma Note Balance {105} - {106}

{107}

767,524,750

{108}

Excess of Pro Forma Balance minus Required Pro Forma Balance {104} - {107}

{108}

0

{109}

Lesser of Excess Total Available Funds and Excess of Pro Forma Note Balance

{109}

$

0

OVERCOLLATERALIZATION CALCULATIONS

Exchange Note:

{110}

Ending Aggregate Securitization Value

{110}

$

951,889,918

{111}

End of Period Note Balance

{111}

886,031,179

{112}

Overcollateralization

{112}

65,858,739

{113}

Overcollateralization %

{113}

6.92

%

Asset Backed Notes:

{114}

Ending Aggregate Securitization Value

{114}

951,889,918

{115}

End of Period Note Balance

{115}

767,524,750

{116}

Overcollateralization

{116}

184,365,168

{117}

Overcollateralization %

{117}

19.37

%

RECONCILIATION OF 2024-1 CASH RESERVE ACCOUNT

{118}

Specified Reserve Balance

{118}

$

4,389,647

{119}

Beginning of Period Reserve Account balance

{119}

$

4,389,647

{120}

Investment Earnings

{120}

15,589

{121}

From the Indenture Collection Account, the Reserve Account Required Amount

{121}

0

{122}

To the Indenture Collection Account, the Reserve Account Withdrawal Amount

{122}

0

{123}

Total Reserve balance available:

{123}

4,405,236

{124}

Specified Reserve Balance

{124}

4,389,647

{125}

Release Excess Cash to Indenture Collection Available Funds

{125}

15,589

{126}

End of period Reserve Account balance

{126}

$

4,389,647

ASSET REPRESENTATIONS REVIEW DELINQUENCY TRIGGER

Dollars

Percentage

{127}

Receivables with Scheduled Payment delinquent 61 days or more

{127}

$

2,312,332

0.24

%

{128}

Compliance (Trigger Violation is a Delinquency Rate Greater Than 2.10%)

{128}

Yes

By:	/s/ Ellen Billings
Name:	Ellen Billings
Title:	Senior Vice President, Controller - North America
Date:	August 15, 2025

GM Financial

GMALT 2024-1

Supplemental Monthly Data

July 31, 2025

		Aggregate Securitization Value				Residual Value
Beginning of Period		$	1,013,983,056			$	881,155,387
Change			(62,093,138	)			(47,845,388	)
End of Period		$	951,889,918			$	833,309,999
Residual Value as % of Agg. Securitization Value							87.54	%

Delinquency

Leases with scheduled payment delinquent		Number of Leases				Agg. Securitization Value				Percentage(1)
0 - 30 days			34,785				944,579,720				99.23	%
31 - 60 days			163				4,997,866				0.53	%
61 - 90 days			57				1,637,410				0.17	%
91 - 120 days			18				674,922				0.07	%
Total			35,023				951,889,918				100.00	%

Lease Terminations

		Current Period								Cumulative
		Number of Leases				Agg. Securitization Value				Number of Leases				Agg. Securitization Value
Retained vehicles by lessee
Early terminations			943				24,960,822				9,919				286,898,718
Standard terminations			394				8,861,478				3,414				78,299,163
Total retained by lessee			1,337				33,822,300				13,333				365,197,881
Returned Vehicles
Early terminations			305				7,682,573				3,346				84,860,247
Standard terminations			314				7,939,802				2,710				69,425,615
Total returned to dealer			619				15,622,375				6,056				154,285,862
Charged off leases / Repossessed vehicles			50				1,480,529				1,139				33,112,224
Repurchases			0				0				1				16,730
Other			0				0				0				0
Total terminations			2,006				50,925,204				20,529				552,612,697

Lease Extensions/Deferments

		Current Period
		Number of Leases				Agg. Securitization Value				Percentage
Term Extensions			157				3,178,775				0.31	%
Deferments			13				456,913				0.05	%

Net Credit (Gain) Loss

		Current Period				Cumulative
Agg. Securitized Value of early term defaults			1,480,529				33,112,224
less: Sales proceeds			1,518,714				33,145,321
less: Excess wear and excess mileage received			43				410
less: Other amounts received			0				0
Net Credit (Gain) Loss			(38,228	)			(33,507	)

Residual (Gain) Loss on Returned Vehicles

Agg. Securitized Value of returned vehicles sold by Servicer			15,566,982				153,730,445
add: Reimbursement of outstanding residual advance			N/A				N/A
less: Sales proceeds			17,092,444				165,215,293
less: Excess wear and excess mileage received			72,593				624,680
less: Other recovery amounts			0				0
Residual (Gain) Loss			(1,598,055	)			(12,109,528	)

		Current Period				Prev. Month
Prepay Speed			1.2001	%			0.9147	%
Return Rate based on Scheduled to Terminate(2)			42.5430	%			41.0702	%
Return Rate based on Terminated Leases(3)			30.8574	%			33.4787	%

(1)

Percentages may not add to 100% due to rounding.

(2)

Percentage of total number of vehicles returned to dealer over number of vehicles scheduled to terminate per month.

(3)

Percentage of total number of vehicles returned to dealer over number of vehicles terminated per month.