Asset Backed Issuer Distribution Report Form 10 D

GM Financial Automobile Leasing Trust 2024-2

5.72% Exchange Note

Class A-1 5.53100% Asset Backed Notes

Class A-2A 5.43% Asset Backed Notes

Class A-2B Floating Asset Backed Notes

Class A-3 5.39% Asset Backed Notes

Class A-4 5.36% Asset Backed Notes

Class B 5.56% Asset Backed Notes

Class C 5.63% Asset Backed Notes

Class D 5.71% Asset Backed Notes

Servicer's Certificate

Beginning of Period:	10/01/24
End of Period:	10/31/24
Number of days in Interest Period (Actual/360):	30
Number of days in Collection Period:	31
Report Due Date:	11/18/24
Distribution Date:	11/20/24
Transaction Month:	6

									Original Agg.
2024-2 Designated Pool		Units			Start Date		Closing Date		Securitization Value
			47,458			04/03/2024		05/16/2024		$	1,521,812,439
Total			47,458							$	1,521,812,439

RECONCILIATION OF 2024-2 DESIGNATED POOL AGGREGATE SECURITIZATION VALUE

{1}

Beginning of period Aggregate Securitization Value

{1}

$

1,368,468,710

{2}

Reduction in Agg. Securitization Value due to payments

{2}

12,624,485

{3}

Reduction in Agg. Securitization Value due to Defaulted Leases

{3}

2,523,751

{4}

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

{4}

16,073,178

{5}

Other adjustments

{5}

0

{6}

Total change in Agg. Securitization Value

{6}

31,221,414

{7}

End of period Aggregate Securitization Value

{7}

$

1,337,247,296

{8}

Pool Factor

{8}

87.872018

%

RECONCILIATION OF 2024-2 EXCHANGE NOTE

{9}		Original Exchange Note Balance		{9}		$	1,460,000,000
{10}		Beginning of period Exchange Note Balance		{10}		$	1,306,656,271
{11}		Exchange Note Principal Payment Amount		{11}			31,221,414
{12}		End of period Exchange Note Balance		{12}		$	1,275,434,857
{13}		Note Pool Factor		{13}			87.358552	%

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}		$	188,680,000			$	294,480,000			$	220,000,000			$	465,470,000			$	65,500,000
{15}		Beginning of period Note Balance		{15}		$	0			$	293,237,311			$	219,071,612			$	465,470,000			$	65,500,000
{16}		Noteholders' Principal Distributable Amount		{16}			0				17,870,631				13,350,783				0				0
{17}		Noteholders' Accelerated Principal Amount		{17}			0				309,384				231,135				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			$	275,057,296			$	205,489,694			$	465,470,000			$	65,500,000
{21}		Note Pool Factor		{21}			0.000000	%			93.404406	%			93.404406	%			100.0000000	%			100.000000	%

						Class B			Class C			Class D			TOTAL
{22}		Original Note Balance		{22}		$	66,220,000			$	61,670,000			$	38,050,000			$	1,400,070,000
{23}		Beginning of period Note Balance		{23}		$	66,220,000			$	61,670,000			$	38,050,000			$	1,209,218,923
{24}		Noteholders' Principal Distributable Amount		{24}			0				0				0				31,221,414
{25}		Noteholders' Accelerated Principal Amount		{25}			0				0				0				540,519
{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}		$	66,220,000			$	61,670,000			$	38,050,000			$	1,177,456,990
{29}		Note Pool Factor		{29}			100.000000	%			100.000000	%			100.000000	%			84.099866	%

EXCHANGE NOTE MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS

Principal payment calculation:

{30}

Beginning of period Designated Pool Balance

{30}

$

1,368,468,710

{31}

Ending Designated Pool Balance

{31}

1,337,247,296

{32}

Unpaid prior Exchange Note Principal Payment Amount

{32}

0

{33}

Sum of {31} + {32}

{33}

1,337,247,296

{34}

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

{34}

$

31,221,414

		Interest calculation:
				Beg Note Balance			Interest Carryover			Interest Rate			Days		Days Basis		Interest
{35}				$	1,306,656,271			$	0				5.72	%		30		30/360		$	6,228,395

RECONCILIATION OF EXCHANGE NOTE COLLECTION ACCOUNT

Additions:

{36}

2024-2 Designated Pool Collections (net of Liquidation Proceeds and fees)

{36}

$

23,539,829

{37}

Net Liquidation Proceeds collected during period

{37}

20,065,693

{38}

Investment Earnings

{38}

167,455

{39}

Investment Earnings - transferred to Indenture Note Collection Account

{39}

(167,455

)

{40}

Deposit from Servicer

{40}

0

{41}

Total Additions:

{41}

43,605,522

Distributions:

{42}

To the Servicer, Designated Pool Servicing Fee

{42}

1,140,391

{43}

To the 2024-2 Exchange Noteholder, the Exchange Note Interest Payment Amount

{43}

6,228,395

{44}

To the 2024-2 Exchange Noteholder, the Exchange Note Principal Payment Amount

{44}

31,221,414

{45}

To the 2024-2 Exchange Noteholder, any funds available to pay obligations pursuant to Indenture Section 8.3 (a)(i) through (xvii)

{45}

0

{46}

To the 2024-2 Exchange Noteholder, all remaining funds to be applied as Excess Exchange Note Payments

{46}

5,015,322

{47}

Total Distributions:

{47}

$

43,605,522

NOTEHOLDERS' MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS

Noteholders' Principal Distributable calculation:

{48}

Beginning Agg. Securitization Value

{48}

$

1,368,468,710

{49}

Ending Agg. Securitization Value

{49}

1,337,247,296

{50}

Principal Distributable Amount {48} - {49}

{50}

31,221,414

{51}

Noteholders' Principal Carryover Amount

{51}

0

{52}

Principal Distributable Amount + Noteholders' Principal Carryover Amount

{52}

31,221,414

{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}

31,761,933

{54}

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

{54}

$

31,221,414

		Noteholders' Interest Distributable calculation:
		Class		Beg Note Balance			Interest Carryover			Interest Rate			Days		Days Basis		Interest
{55}		Class A-1		$	0			$	0				5.53100	%		30		Actual/360		$	0
{56}		Class A-2A		$	293,237,311				0				5.43	%		30		30/360			1,326,899
{57}		Class A-2B		$	219,071,612				0				5.31028	%		30		Actual/360			969,443
{58}		Class A-3		$	465,470,000				0				5.39	%		30		30/360			2,090,737
{59}		Class A-4		$	65,500,000				0				5.36	%		30		30/360			292,567
{60}		Class B		$	66,220,000				0				5.56	%		30		30/360			306,820
{61}		Class C		$	61,670,000				0				5.63	%		30		30/360			289,336
{62}		Class D		$	38,050,000				0				5.71	%		30		30/360			181,055

RECONCILIATION OF INDENTURE COLLECTION ACCOUNT

Available Funds:

{63}

2024-2 Exchange Note Collections

{63}

$

42,465,131

{64}

Investment Earnings

{64}

0

{65}

Investment Earnings - transferred from Exchange Note Collection Account

{65}

167,455

{66}

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

{66}

15,522

{67}

Optional Purchase Price

{67}

0

{68}

Indenture Section 5.4 disposition of Collateral

{68}

0

{69}

Available Funds:

{69}

42,648,108

{70}

Reserve Account Withdrawal Amount

{70}

0

{71}

Total Distributable Funds:

{71}

42,648,108

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}

1,326,899

{78}

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

{78}

969,443

{79}

Class A-3 Noteholders' Interest Distributable Amount pari passu

{79}

2,090,737

{80}

Class A-4 Noteholders' Interest Distributable Amount pari passu

{80}

292,567

{81}

Class A Noteholders' Principal Parity Amount or Matured Principal Shortfall

{81}

0

{82}

Class B Noteholders' Interest Distributable Amount

{82}

306,820

{83}

Class B Noteholders' Principal Parity Amount or Matured Principal Shortfall

{83}

0

{84}

Class C Noteholders' Interest Distributable Amount

{84}

289,336

{85}

Class C Noteholders' Principal Parity Amount or Matured Principal Shortfall

{85}

0

{86}

Class D Noteholders' Interest Distributable Amount

{86}

181,055

{87}

Class D Noteholders' Principal Parity Amount or Matured Principal Shortfall

{87}

0

{88}

Noteholders' Principal Distributable Amount

{88}

31,221,414

{89}

To the Reserve Account, the Reserve Account Required Amount

{89}

0

{90}

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

{90}

540,519

{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}

5,428,651

{96}

Total Distributions:

{96}

$

42,648,108

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		$	1,043,278,923			$	1,337,247,296			$	0			$	37,967,795			$	0
{98}		Class B			1,109,498,923				1,337,247,296				0				37,660,975				0
{99}		Class C			1,171,168,923				1,337,247,296				0				37,371,639				0
{100}		Class D			1,209,218,923				1,337,247,296				0				37,190,584				0

ACCELERATED PRINCIPAL AMOUNT CALCULATION

{101}

Excess Total Available Funds

{101}

$

5,969,170

{102}

Beginning Note Balance

{102}

1,209,218,923

{103}

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

{103}

31,221,414

{104}

Pro-Forma Note Balance

{104}

1,177,997,509

{105}

Ending Aggregate Securitization Value

{105}

1,337,247,296

{106}

10.5% of Aggregate Securitization Value as of Cutoff until Class A-2 is paid in full, 9.5% Thereafter ($159,790,306)

{106}

159,790,306

{107}

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

{107}

1,177,456,990

{108}

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

{108}

540,519

{109}

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

{109}

$

540,519

OVERCOLLATERALIZATION CALCULATIONS

Exchange Note:

{110}

Ending Aggregate Securitization Value

{110}

$

1,337,247,296

{111}

End of Period Note Balance

{111}

1,275,434,857

{112}

Overcollateralization

{112}

61,812,439

{113}

Overcollateralization %

{113}

4.62

%

Asset Backed Notes:

{114}

Ending Aggregate Securitization Value

{114}

1,337,247,296

{115}

End of Period Note Balance

{115}

1,177,456,990

{116}

Overcollateralization

{116}

159,790,306

{117}

Overcollateralization %

{117}

11.95

%

RECONCILIATION OF 2024-2 CASH RESERVE ACCOUNT

{118}

Specified Reserve Balance

{118}

$

3,804,531

{119}

Beginning of Period Reserve Account balance

{119}

$

3,804,531

{120}

Investment Earnings

{120}

15,522

{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}

3,820,053

{124}

Specified Reserve Balance

{124}

3,804,531

{125}

Release Excess Cash to Indenture Collection Available Funds

{125}

15,522

{126}

End of period Reserve Account balance

{126}

$

3,804,531

ASSET REPRESENTATIONS REVIEW DELINQUENCY TRIGGER

Dollars

Percentage

{127}

Receivables with Scheduled Payment delinquent 61 days or more

{127}

$

1,651,731

0.12

%

{128}

Compliance (Trigger Violation is a Delinquency Rate Greater Than 1.40%)

{128}

Yes

By:	/s/ Randal L. Willis
Name:	Randal L. Willis
Title:	Senior Vice President, Securitization & Conduit Reporting
Date:	November 15, 2024

GM Financial

GMALT 2024-2

Supplemental Monthly Data

October 31, 2024

		Aggregate Securitization Value			Residual Value
Beginning of Period		$	1,368,468,710			$	1,077,547,430
Change			(31,221,414	)			(15,564,283	)
End of Period		$	1,337,247,296			$	1,061,983,147
Residual Value as % of Agg. Securitization Value							79.42	%

Delinquency

Leases with scheduled payment delinquent		Number of Leases			Agg. Securitization Value			Percentage(1)
0 - 30 days			44,107				1,330,441,400				99.49	%
31 - 60 days			149				5,154,165				0.39	%
61 - 90 days			36				1,338,094				0.10	%
91 - 120 days			8				313,637				0.02	%
Total			44,300				1,337,247,296				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			318				10,572,646				1,880				64,741,806
Standard terminations			64				1,515,595				335				7,609,089
Total retained by lessee			382				12,088,241				2,215				72,350,895
Returned Vehicles
Early terminations			64				1,689,155				333				8,586,234
Standard terminations			91				2,295,784				227				5,660,134
Total returned to dealer			155				3,984,939				560				14,246,368
Charged off leases / Repossessed vehicles			81				2,523,751				381				11,771,574
Repurchases			0				0				2				48,521
Other			0				0				0				0
Total terminations			618				18,596,931				3,158				98,417,358

Lease Extensions/Deferments

		Current Period
		Number of Leases			Agg. Securitization Value			Percentage
Term Extensions			25				477,846				0.03	%
Deferments			33				1,175,645				0.09	%

Net Credit (Gain) Loss

		Current Period			Cumulative
Agg. Securitized Value of early term defaults			2,523,751				11,771,574
less: Sales proceeds			2,422,044				10,283,134
less: Excess wear and excess mileage received			0				498
less: Other amounts received			0				0
Net Credit (Gain) Loss			101,707				1,487,942

Residual (Gain) Loss on Returned Vehicles

Agg. Securitized Value of returned vehicles sold by Servicer			3,977,688				14,212,639
add: Reimbursement of outstanding residual advance			N/A				N/A
less: Sales proceeds			4,067,168				15,035,638
less: Excess wear and excess mileage received			13,388				36,721
less: Other recovery amounts			0				0
Residual (Gain) Loss			(102,868	)			(859,720	)

		Current Period			Prev. Month
Prepay Speed			0.8459	%			0.6252	%
Return Rate based on Scheduled to Terminate(2)			76.3547	%			62.0155	%
Return Rate based on Terminated Leases(3)			25.0809	%			30.1887	%

(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.

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