8-K 1 srz04-0346.txt 8-K TRUST 1999-A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8 - K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event Reported): April 20, 2004 CIT RV Trust 1999 - A (Exact Name of Registrant as Specified in its Charter) Delaware (State or other jurisdiction of incorporation) 000 - 26163 36 - 4294964 (Commission File Number) (IRS Employer Identification No.) 1 CIT Drive Livingston, New Jersey 07039-5703 (Address of principal executive offices and zip code) Registrants' telephone number, including area code: (973) 740-5000 N/A (Former name or former address, if changed since last report) Item 7. FINANCIAL STATEMENTS AND EXHIBITS (C). Exhibits The following are filed herewith. The exhibit numbers correspond with Item 601 (b) of Regulation S-K. EXHIBIT NO. DESCRIPTION 99.1 Pool Data Report SIGNATURE 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 hereunto duly authorized. THE CIT GROUP / SALES FINANCING, INC., as Servicer By:/s/ Usama Ashraf --------------------------------- Name: Usama Ashraf Title: Vice President Dated: 21-April-2004

CIT RV TRUST 1999-A Cutoff Date: December 31, 2003 GEOGRAPHIC DISTRIBUTION OF CONTRACTS (1) % OF CONTRACT % OF CONTRACT NUMBER OF ~~POLL~~POOL BY NUMBER AGGREGATE PRINCIPAL POOL BY PRINCIPAL CONTRACTS AS OF OF CONTRACTS AS OF BALANCE OUTSTANDING BALANCE OUTSTANDING STATE CUT-OFF DATE CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE --------------------- ---------------- ------------------ ------------------- ------------------- Alabama 7675 1.2947% $ 3,~~145~~290,~~733~~649 1.5390% Alaska 97 0.1514% ~~801~~581,~~453~~717 0.3934% Arizona ~~266~~236 4.5363% 98,~~509~~232,~~778~~170 4.6276% Arkansas ~~142~~126 2.4247% 3,~~866~~457,~~712~~077 12.8800% California ~~941~~800 1615.0371% 3024,~~001~~335,~~069~~773 14.5908% Colorado ~~137~~117 2.3330% 54,~~421~~573,~~290~~805 2.6465% Connecticut 5543 0.9484% 1,~~601~~145,~~581~~317 0.7866% Delaware 98 0.1516% ~~566~~426,~~679~~064 0.2825% District of ~~Columia~~Columbia 32 0.0504% ~~125~~108,~~224~~111 0.06% Florida ~~371~~333 6.3254% 1714,~~352~~301,~~612~~961 8.4427% Georgia ~~126~~118 2.1532% 43,~~233~~806,~~758~~809 2.0620% Hawaii 4 0.0708% ~~162~~157,~~844~~498 0.0809% Idaho 2723 0.4645% 1,~~326~~169,~~811~~389 0.6568% Illinois ~~145~~126 2.47% 54,~~129~~641,~~024~~441 2.4968% Indiana 6056 1.0210% 21,~~054~~877,~~511~~136 1.0009% Iowa 2017 0.3433% ~~643~~554,~~780~~601 0.3132% Kansas ~~107~~96 1.8288% 2,~~371~~070,~~212~~477 1.1520% Kentucky 2418 0.4135% 1750,~~200,171~~433 0.5843% Louisiana 6351 1.0700% 21,~~385~~851,~~434~~591 1.1607% Maine 3120 0.5339% ~~956~~571,~~978~~032 0.4733% Maryland 7059 1.1916% 21,~~065~~680,~~106~~598 10.0097% Massachusetts 7965 1.3528% 21,~~066~~641,~~990~~662 10.0095% Michigan 4643 0.7884% 2,~~506~~307,~~131~~127 1.2233% Minnesota 3931 0.6661% 21,~~460~~820,~~299~~991 1.2005% Mississippi 5546 0.9490% 1,~~317~~063,~~345~~717 0.6462% Missouri ~~256~~227 4.3646% 76,~~007~~151,~~223~~071 3.4156% Montana 1815 0.3129% ~~766~~581,~~947~~154 0.3734% Nebraska 17 0.2933% ~~529~~536,~~211~~509 0.2631% Nevada ~~105~~90 1.7977% 32,~~746~~904,~~069~~005 1.8268% New Hampshire 3528 0.6055% 1873,~~044,599~~526 0.51% New Jersey 8370 1.4137% 2,~~625~~335,~~604~~596 1.2835% New Mexico 5245 0.8988% 1,~~874~~694,~~617~~685 0.9198% New York ~~175~~145 2.9885% 65,~~998~~639,~~879~~963 3.4026% North Carolina ~~110~~100 1.8796% 32,~~133~~757,~~198~~423 1.5259% North Dakota 4 0.0708% ~~228~~34,~~106~~197 0.1102% Ohio 6249 10.0696% 32,~~087~~344,~~286~~984 1.5036% Oklahoma ~~250~~213 4.2618% 65,~~604~~297,~~585~~050 3.2106% Oregon ~~167~~134 2.8463% 75,~~205~~626,~~662~~211 3.5025% Pennsylvania ~~110~~93 1.8783% 43,~~555~~741,~~095~~331 2.2116% Rhode Island 2719 0.4637% ~~755~~601,~~622~~030 0.3735% South Carolina 5350 0.9098% 1,~~719~~756,~~723~~017 01.8402% South Dakota 1411 0.2422% ~~586~~545,~~739~~947 0.2932% Tennessee 8677 1.4651% 2,~~911~~502,~~218~~614 1.4245% Texas ~~948~~843 16.1555% 3026,~~677~~294,~~278~~886 1415.9121% Utah 2220 0.3739% 1,~~307~~082,~~927~~209 0.6463% Vermont 12 0.2024% ~~861~~841,~~250~~434 0.4249% Virginia 5953 1.0004% 2,~~537~~328,~~293~~510 1.2335% Washington ~~228~~195 3.8883% 97,~~470~~972,~~508~~366 4.6061% West Virginia 1510 0.2620% ~~288~~229,~~697~~596 0.1413% Wisconsin 3835 0.6569% 1,~~226~~195,~~261~~588 0.6069% Wyoming 1714 0.2927% ~~546~~456,~~218~~384 0.2726% Other (2) 34 0.0508% ~~115~~139,~~662~~084 0.0608% ------------------ ------------------------ ----------------------- ------------------------ 5,~~871~~093 100.00% $ ~~205~~172,~~684~~880,~~001~~516 100.00% ================== ======================== ======================= ======================== ~~----------------------------------~~ (1) In most cases, based on the mailing addresses of the Obligors as of the Cut-off Date. (2) Generally includes foreign address locations.

RANGE OF CONTRACT RATES % OF CONTRACT % OF CONTRACT NUMBER OF ~~POLL~~POOL BY NUMBER AGGREGATE PRINCIPAL POOL BY PRINCIPAL RANGE OF CONTRACTS AS OF OF CONTRACTS AS OF BALANCE OUTSTANDING BALANCE OUTSTANDING CONTRACT RATES CUT-OFF DATE CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE ------------------------- --------------- ------------------ ------------------- -------------------- 0.00% - 7.49% (1) ~~161~~20 20.7439% $ 81,~~513~~085,~~680~~089 40.1463% 7.50% - 7.99% ~~309~~265 5.2620% 2824,~~703~~150,~~345~~546 13.9697% 8.00% - 8.99% ~~1346~~1,177 2223.9311% 8371,~~643~~551,~~104~~996 4041.6739% 9.00% - 9.99% ~~1548~~1,402 260.3700% 4642,~~717~~016,~~998~~215 2224.7130% 10.00% - 10.99% ~~1035~~931 1718.6328% 1917,~~924~~895,~~711~~782 910.6935% 11.00% - 11.99% ~~652~~585 11.1149% 98,~~324~~222,~~822~~669 4.5376% 12.00% - 12.99% ~~390~~341 6.6470% 4,~~583~~105,~~979~~241 2.2337% 13.00% - 13.99% ~~233~~207 34.9706% 2,~~335~~206,~~059~~357 1.1428% 14.00% - 14.99% ~~119~~104 2.0304% 1,~~191~~061,~~031~~282 0.5861% 15.00% - 15.99% 3829 0.6557% ~~333~~244,~~864~~154 0.1614% 16.00% - 16.99% 1812 0.3124% ~~196~~147,~~021~~649 0.1009% 17.00% - 17.99% 1311 0.22% ~~133~~116,~~077~~665 0.0607% 18.00% - 18.99% 8 0.1416% 7367,~~964~~988 0.04% 20.00% - 20.99% 1 0.02% 98,~~345~~884 0.0001% ------------------- ----------------------- ------------------------ ------------------------ 5,~~871~~093 100.00% $ ~~205~~172,~~684~~880,~~001~~516 100.00% =================== ======================= ======================== ======================== ~~------------------------~~ (1) Generally represents repossessed contracts or ~~contract~~contracts subject to the Soldiers' and Sailors' Civil Relief Act.

RANGE OF REMAINING MATURITIES % OF CONTRACT % OF CONTRACT NUMBER OF ~~POLL~~POOL BY NUMBER AGGREGATE PRINCIPAL POOL BY PRINCIPAL RANGE OF REMAINING CONTRACTS AS OF OF CONTRACTS AS OF BALANCE OUTSTANDING BALANCE OUTSTANDING MATURITIES IN MONTHS CUT-OFF DATE CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE ------------------------- --------------- ------------------ ------------------- -------------------- 10 - 12 months ~~122~~90 21.0877% ~~181~~$95,~~105~~616 0.0906% 13 - 24 months 92135 12.5765% ~~322~~523,~~975~~777 0.1630% 25 - 36 months ~~249~~192 43.2477% 1,~~381~~016,~~485~~195 0.6759% 37 - 48 months ~~172~~90 21.9377% 1580,~~059,650~~276 0.5234% 49 - 60 months ~~172~~522 210.9325% 15,~~884~~836,~~834~~111 03.9238% 61 - 72 months ~~763~~352 136.0091% 94,~~136~~178,~~792~~275 42.4442% 73 - 84 months ~~234~~744 314.9961% 311,~~796~~746,~~092~~971 16.8579% 85 - 96 months ~~1174~~553 2010.0086% 198,~~170~~723,~~559~~615 95.3205% 97 - 108 months ~~145~~49 20.4796% 31,~~392~~916,~~665~~027 1.6511% 109 - 120 months ~~284~~1,246 424.8446% 1359,~~125~~699,~~128~~636 634.3853% 121 - 132 months ~~1784~~721 3014.3916% 8935,~~126~~276,~~576~~078 4320.3340% 133 - 144 months ~~168~~19 20.8637% 81,~~949~~173,~~901~~007 40.3568% 145 - 156 months 7816 10.3331% 41,~~918~~072,~~927~~800 20.3962% 157 - 168 months 1810 0.3120% 1949,~~246,758~~483 0.6155% 169 - 180 months 44217 04.7526% 423,~~603~~926,~~365~~558 213.2484% 181 - 192 months ~~340~~137 52.7969% 3916,~~264~~166,~~905~~092 199.0935% ~~193~~ - ~~204 months 21 0.36% 2,714,297 1.32% 205~~ - ~~216 months 11 0.19% 1,407,989 0.68%~~ ------------------ -------------------- -------------------- -------------------- 5,~~871~~093 100.00% $ ~~205~~172,~~684~~880,~~001~~516 100.00% ==================== ==================== ==================== ====================

COLLATERAL TYPE DISTRIBUTION % OF CONTRACT % OF CONTRACT NUMBER OF ~~POLL~~POOL BY NUMBER AGGREGATE PRINCIPAL POOL BY PRINCIPAL CONTRACTS AS OF OF CONTRACTS AS OF BALANCE OUTSTANDING BALANCE OUTSTANDING COLLATERAL TYPE CUT-OFF DATE CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE ---------------------- --------------- ------------------ ------------------- ------------------- Motor Homes 32,~~060~~637 5251.1278% $ ~~164~~137,~~205~~444,~~020~~153 79.8350% Fifth Wheel 1,~~167~~029 1920.8820% 2320,~~975~~854,~~795~~178 1112.6606% Travel Trailer 1,~~386~~219 23.6193% 1512,~~207~~717,~~968~~552 7.3936% Other ~~258~~208 4.3908% 21,~~295~~864,~~219~~633 1.1208% -------------------- --------------------- ------------------------- ------------------------- Total 5,~~871~~093 100.00% $ ~~205~~172,~~684~~880,~~001~~516 100.00% ==================== ===================== ========================= =========================

DELINQUENCY STATUS DISTRIBUTION % OF CONTRACT % OF CONTRACT NUMBER OF ~~POLL~~POOL BY NUMBER AGGREGATE PRINCIPAL POOL BY PRINCIPAL CONTRACTS AS OF OF CONTRACTS AS OF BALANCE OUTSTANDING BALANCE OUTSTANDING DELINQUENCY STATUS CUT-OFF DATE CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE ------------------------- --------------- ------------------ ------------------- ------------------- Current, including 1 to 29 ~~days delinquent 5~~4,~~239~~459 8987.2455% $ ~~181~~149,~~322~~407,~~586~~740 8886.1642% days delinquent 30 to 59 days ~~110~~126 12.8747% 23,~~748~~146,~~033~~862 1.3482% 60 to 89 days 4648 0.7894% 1,~~507~~341,~~617~~138 0.7378% 90 to 119 days 3543 0.6084% 1,~~676~~084,~~295~~447 0.8163% 120 to 149 days 28 0.4855% 1701,~~020,200~~747 0.5041% 150 to 179 days 2420 0.4139% ~~659~~1,~~283~~006,711 0.3258% 180+ days ~~141~~119 2.4034% 4,~~985~~075,~~594~~824 2.4236% ~~Repo~~Repossession ~~248~~Status 250 4.2291% 1112,~~764~~116,~~393~~047 57.7201% ------------------ ---------------------- ------------------------- ------------------------ 5,~~871~~093 100.00% $ ~~205~~172,~~684~~880,~~001~~516 100.00% ================== ====================== ========================= ========================

RANGE OF PRINCIPAL BALANCE OUTSTANDING TOTAL MINIMUM MAXIMUM AVERAGE PRINCIPAL BALANCE AS OF BALANCE AS OF BALANCE AS OF BALANCE AS OF BALANCE TYPE CUT-OFF DATE CUT-OFF DATE CUT-OFF DATE CUT-OFF DATE ---------------------- --------------- ------------------ ------------------- -------------------- Original $ ~~257~~222,~~493~~398,~~341~~193 $ 34,~~931~~352 $ 311,592 $ 43,~~859~~667 Current $ ~~205~~172,~~684~~880,~~001~~516 $ 1 $ 278,862 $33,945 35NEW VS. USED COLLATERAL DISTRIBUTION % OF CONTRACT % OF CONTRACT NUMBER OF POOL BY NUMBER AGGREGATE PRINCIPAL POOL BY PRINCIPAL CONTRACTS AS OF OF CONTRACTS AS OF BALANCE OUTSTANDING BALANCE OUTSTANDING NEW VS. USED CUT-OFF DATE CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE ----------------- --------------- ------------------ ------------------- -------------------- New 3,~~034~~100 60.87% $117,761,939 68.12% Used 1,993 39.13% 55,118,577 31.88% ------------------- -------------------------- ------------------------- ------------------------- 5,093 100.00% $172,880,516 100.00% =================== ========================== ========================= ========================= RANGE OF CREDIT SCORES MINIMUM AS OF MAXIMUM AS OF WEIGHTED AVERAGE AS OF SCORE TYPE ORIGINATION DATE ORIGINATION DATE ORIGINATION DATE ------------------------- ---------------- ------------------ ---------------------- FICO 483 829 685 Custom 116 941 318 MINIMUM, MAXIMUM AND WEIGHTED AVERAGE DISTRIBUTION MINIMUM AS OF MAXIMUM AS OF WEIGHTED AVERAGE AS OF DISTRIBUTION TYPE CUT-OFF DATE CUT-OFF DATE CUT-OFF DATE ------------------------- --------------- ------------------ ---------------------- Contract Rate 0.00% 20.00% 9.00% Original Term 48 months 242 months 186 months Current Term 0 months 186 months 123 months

NEW VS. USED COLLATERAL DISTRIBUTION % OF CONTRACT % OF CONTRACT NUMBER OF POLL BY NUMBER AGGREGATE PRINCIPAL POOL BY PRINCIPAL CONTRACTS AS OF OF CONTRACTS AS OF BALANCE OUTSTANDING BALANCE OUTSTANDING NEW VS. USED CUT-OFF DATE CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE ------------ ------------ ------------ ------------------ ------------------ New 3,552 60.50% $ 138,881,297 67.52% Used 2,319 39.50% 66,802,704 32.48% --------------------------------------------------------------------------------- 5,871 100.00% $ 205,684,001 100.00% =================================================================================

RANGE OF CREDIT SCORES MINIMUM AS OF MAXIMUM AS OF WEIGHTED AVERAGE AS OF SCORE TYPE ORIGINATION DATE ORIGINATION DATE ORIGINATION DATE ---------- ---------------- ---------------- ---------------- FICO 483 829 688 Custom 116 941 319

MINIMUM, MAXIMUM AND WEIGHTED AVERAGE DISTRIBUTION MINIMUM AS OF MAXIMUM AS OF WEIGHTED AVERAGE AS OF DISTRIBUTION TYPE CUT-OFF DATE CUT-OFF DATE CUT-OFF DATE ----------------- ------------ ------------ ------------ Contract Rate 0.00% 20.00% 8.88% Original Term 48 months 242 months 185 months Current Term 1 month 216 months 132 months

Filing Compare · CIT RV TRUST 1999-A