Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3



	Deal Information

1. Distribution Summary	Deal:	Capital Auto Receivables Asset Trust 2016-3

2. Factor Summary	Asset Type:	Consumer Retail

3. Interest Summary	Initial Closing Date:	9/21/2016

4. Collections and Distributions	Bloomberg Ticker:	AFIN 2016-3

5. Collateral Summary	Collection Period, Begin:	1/1/2020
	Collection Period, End:	1/31/2020
6. Charge-Off and Delinquency Rates	Determination Date:	2/18/2020
	Distribution Date:	2/20/2020
7. Credit Instruments
	ABS Investor Relations - Ally Financial Inc. as Servicer:
8. Performance Tests	Telephone:	(866) 710-4623
	E-Mail:	securitization@ally.com

During the January 2020 Collection Period the Servicer successfully converted to a new servicing and accounting technology platform for over four million customers, including the Obligors related to the Receivables and activity disclosed in this Statement to Securityholder. The information in this Statement to Securityholder reflects Collection Period activity as impacted by the servicing and accounting technology platform conversion, including the ongoing resolution of a limited conversion backlog with respect to certain servicing activities and the implementation of certain information technology coding changes.

Page 1 of 8

Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3

1. Distribution Summary



Class	CUSIP	Initial Note	Beginning Note	Note Rate	Principal	Interest	Total	Principal	Interest	Ending Note
		Principal Balance	Principal Balance		Distribution	Distribution	Distribution	Carryover Shortfall	Carryover Shortfall	Principal Balance
							(3) + (4) = (5)			(1) - (3) - (6) = (8)
			(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
A-1	13976AAA8	142,000,000.00	0.00	0.78000000	0.00	0.00	0.00	0.00	0.00	0.00
A-2a	13976AAB6	175,000,000.00	0.00	1.36000000	0.00	0.00	0.00	0.00	0.00	0.00
A-2b	13976AAC4	73,000,000.00	0.00	2.07775000	0.00	0.00	0.00	0.00	0.00	0.00
A-3	13976AAD2	200,000,000.00	0.00	1.54000000	0.00	0.00	0.00	0.00	0.00	0.00
A-4	13976AAE0	71,540,000.00	0.00	1.69000000	0.00	0.00	0.00	0.00	0.00	0.00
B	13976AAF7	23,080,000.00	8,531,147.30	1.89000000	6,461,527.55	13,436.56	6,474,964.11	0.00	0.00	2,069,619.75
C	13976AAG5	38,460,000.00	38,460,000.00	2.35000000	0.00	75,317.50	75,317.50	0.00	0.00	38,460,000.00
D	13976AAH3	26,920,000.00	26,920,000.00	2.65000000	0.00	59,448.33	59,448.33	0.00	0.00	26,920,000.00
Deal Totals		750,000,000.00	73,911,147.30		6,461,527.55	148,202.39	6,609,729.94	0.00	0.00	67,449,619.75

Page 2 of 8

Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3

2. Factor Summary

(Amount per $1,000 of Original Principal)



Class	Beginning Note Pool	Principal Distribution	Interest Distribution	Total Distribution	Interest Carryover	Ending Note Pool
	Factor	Factor	Factor	Factor	Shortfall Factor	Factor
A-1	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000
A-2a	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000
A-2b	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000
A-3	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000
A-4	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000	0.0000000
B	369.6337652	279.9621989	0.5821733	280.5443722	0.0000000	89.6715663
C	1,000.0000000	0.0000000	1.9583333	1.9583333	0.0000000	1,000.0000000
D	1,000.0000000	0.0000000	2.2083332	2.2083332	0.0000000	1,000.0000000



Beginning Aggregate Note Pool Factor:	98.5481964
Ending Aggregate Note Pool Factor:	89.9328263

Beginning Reserve Account Balance Factor:	1,000.0000000
Reserve Account Draw, distributed to Noteholders, Factor:	0.0000000
Reserve Account Draw, distributed to Certificateholders, Factor:	0.0000000
Ending Reserve Account Balance Factor:	1,000.0000000

Page 3 of 8

Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3

3. Interest Summary

A. Target Interest Summary

Class

Beginning Note Principal Balance

Interest Accrual Period, Start

Interest Accrual Period, End

Accrual Methodology

Applicable Index

Margin

Fixed

Note Rate

Target Interest Distribution

A-1

0.00

1/21/2020

2/19/2020

Actual/360

N/A

0.78000000

0.00

A-2a

0.00

1/21/2020

2/19/2020

30/360

N/A

1.36000000

0.00

A-2b

0.00

1/21/2020

2/19/2020

Actual/360

1.65775000

0.42000000

N/A

2.07775000

0.00

A-3

0.00

1/21/2020

2/19/2020

30/360

N/A

1.54000000

0.00

A-4

0.00

1/21/2020

2/19/2020

30/360

N/A

1.69000000

0.00

8,531,147.30

1/21/2020

2/19/2020

30/360

N/A

1.89000000

13,436.56

38,460,000.00

1/21/2020

2/19/2020

30/360

N/A

2.35000000

75,317.50

26,920,000.00

1/21/2020

2/19/2020

30/360

N/A

2.65000000

59,448.33

B. Interest Payment Amount Summary



Class	Beginning Unpaid Interest Carryover Shortfall	Target Interest Distribution	Interest Shortfall Amount Allocated/(Repaid)	Actual Interest Distribution (2) - (3) = (4)	Remaining Unpaid Interest Carryover Shortfall (1) - (3) = (5)
	(1)	(2)	(3)	(4)	(5)
A-1	0.00	0.00	0.00	0.00	0.00
A-2a	0.00	0.00	0.00	0.00	0.00
A-2b	0.00	0.00	0.00	0.00	0.00
A-3	0.00	0.00	0.00	0.00	0.00
A-4	0.00	0.00	0.00	0.00	0.00
B	0.00	13,436.56	0.00	13,436.56	0.00
C	0.00	75,317.50	0.00	75,317.50	0.00
D	0.00	59,448.33	0.00	59,448.33	0.00
Deal Totals	0.00	148,202.39	0.00	148,202.39	0.00

Page 4 of 8

Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3

4. Collections and Distributions



Collections
Receipts During the Period	6,922,068.08
Administrative Purchase Payments	26,044.58
Warranty Payments	0.00
Liquidation Proceeds Including Recoveries (Net of Liquidation Expenses)	126,806.81
Other Fees or Expenses Paid	0.00
Total Collections	7,074,919.47

Beginning Reserve Account Balance	3,846,152.94
Total Available Amount	10,921,072.41

Distributions
Total Available Amount	10,921,072.41
Basic Servicing Fee	107,038.85
Amounts owing to the Asset Representations Reviewer, Indenture Trustee, and Vote Tabulation Agent in connection with an Asset Representations Review	0.00
Aggregate Class A Interest Distributable Amount	0.00
First Priority Principal Distributable Amount	0.00
Aggregate Class B Interest Distributable Amount	13,436.56
Second Priority Principal Distributable Amount	0.00
Aggregate Class C Interest Distributable Amount	75,317.50
Third Priority Principal Distributable Amount	0.00
Aggregate Class D Interest Distributable Amount	59,448.33
Fourth Priority Principal Distributable Amount	0.00
To Reserve Account - Specified Reserve Account Balance	3,846,152.94
Noteholders' Regular Principal Distributable Amount	6,461,527.55
Indenture Trustee expenses	0.00
Unpaid Fees due to Owner Trustee, Indenture Trustee, Administrator and Asset Representations Reviewer	1,500.00
Excess Total Available Amount to the Certificateholders	356,650.68

Supplemental Servicing Fees	111,514.34
Other Fees or Expenses Accrued	0.00
Liquidation Expenses	15,300.00

Page 5 of 8

Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3

5. Collateral Summary

A. Balances



		Original Balance	Beginning Balance	Ending Balance
Deal Totals	Number of Receivables	47,995	14,102	13,641
	Aggregate Receivables Principal Balance	769,230,588.36	102,757,294.36	96,295,766.81
	Aggregate Receivables Face Amount	769,230,588.36	102,757,294.36	96,295,766.81

There have been no receivables with respect to which material breaches of pool asset representations or warranties or transaction covenants have occurred.

B. Pool Composition - Weighted Averages

Inception

Beginning

Ending

Inception

Beginning

Ending

Inception

Beginning

Ending

Weighted

Average

Coupon

Original

Remaining

Maturity

Deal Totals

9.68000000

10.61724362

10.51044263

68.92

70.23

70.31

54.96

24.44

22.23

C. Pool Composition - Prepayments



Month	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20
Monthly	1.20%	1.27%	1.14%	1.13%	1.22%	1.27%	1.31%	1.56%	1.16%	1.52%	1.45%	1.35%	1.36%	1.19%	1.37%	1.25%	1.12%	1.33%	1.24%	1.45%

Month	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37	38	39	40
Monthly	1.34%	1.28%	1.22%	1.27%	1.27%	1.06%	1.38%	1.15%	1.15%	1.28%	1.05%	1.23%	1.19%	1.22%	1.02%	1.22%	1.18%	1.10%	1.19%	0.94%

Month	41	42	43	44	45	46	47	48	49	50	51	52	53	54	55	56	57	58	59	60
Monthly	1.00%	0.71%

Page 6 of 8

Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3

6. Charge-Off and Delinquency Rates

A. Current



	Charge-Off Rate						Delinquency Rate
	Average Aggregate Amount Financed	Number of Units Charged-Off	Net Charge-Offs	Average Net Charge-Offs	Loss Rate		Total Accounts	Accounts over 60	Percent Delinquent
Current	99,526,530.59	51	262,494.36	5,146.95	3.1649	%	13,641	332	2.4338	%
Preceding	106,507,689.58	78	367,681.59	4,713.87	4.1426	%	14,102	341	2.4181	%
Next Preceding	113,998,423.40	91	444,451.56	4,884.08	4.6785	%	14,621	333	2.2775	%
Third Preceding	122,158,956.06	104	604,115.67	5,808.80	5.9344	%	Three Month Average		2.3765	%
Four Month Average					4.4801	%

B. Cumulative



	Aggregate Amount	Cumulative Net	Cumulative Loss Rate		Delinquency	Total	Total Balance	Percent
	Financed	Charge-Offs			Stratification	Accounts		Delinquent
Totals	769,230,588.36	33,832,922.74	4.3983	%	31 - 60 days	874	7,957,315.86	8.2634	%
The information contained in this report is defined or determined in a manner consistent with the prospectus for					61 - 90 days	271	2,464,308.60	2.5591	%
Capital Auto Receivables Asset Trust 2016-3 related to delinquencies, charge-offs or uncollectible accounts.					91 - 120 days	58	427,602.54	0.4441	%
					> 120 days	3	25,738.72	0.0267	%
There have been no material changes in determining delinquencies, charge-offs or uncollectible amounts.

					Bankruptcies		Total Accounts	Total Balance
					Prior Period¹		460	4,671,568.76
					Current Period		9	62,214.18
1. Prior Period Bankruptcies reflect currently active accounts.					Inventory Charged-Off²		7	0.00
2. Bankruptcy Inventory Charged-Off includes both bankruptcies returned to active status and charge-offs on prior period bankruptcies.					Ending Inventory		462	4,733,782.94

7. Credit Instruments

A. Reserve Accounts

Account

Initial Balance

Beginning Balance

ADDITIONS

REDUCTIONS

Ending Balance

Specified Reserve

Account Balance

Draws

Releases

Cash Reserve

3,846,152.94

0.00

3,846,152.94

Page 7 of 8

Statement to Securityholder

Capital Auto Receivables Asset Trust 2016-3

8. Performance Tests



Event of Default	NO
Servicer Default	NO
Asset Representations Review Delinquency Trigger	PASS
Overcollateralization Target Amount Satisfied?	YES
Initial Overcollateralization	19,230,588.36
Current Overcollateralization	28,846,147.06
Overcollateralization Target	28,846,147.06

9. Asset Representations Delinquency Triggers



Period	1		2		3		4		5		6		7		8		9		10		11		12		13		14		15		16		17		18		19		20
Trigger Level	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	4.70	%	6.10	%	6.10	%	6.10	%	6.10	%	6.10	%	6.10	%	6.10	%	6.10	%
61+ Delinquencies	0.05	%	0.43	%	0.67	%	0.86	%	1.00	%	1.20	%	1.00	%	0.79	%	0.98	%	1.04	%	1.08	%	1.33	%	1.26	%	1.58	%	1.59	%	1.62	%	1.93	%	1.98	%	1.62	%	1.33	%

Period	21		22		23		24		25		26		27		28		29		30		31		32		33		34		35		36		37		38		39		40
Trigger Level	6.10	%	6.10	%	6.10	%	6.10	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	7.30	%	8.10	%	8.10	%	8.10	%	8.10	%
61+ Delinquencies	1.47	%	1.77	%	1.88	%	1.93	%	2.11	%	2.37	%	2.18	%	2.34	%	2.52	%	2.60	%	2.06	%	1.79	%	2.00	%	2.24	%	2.62	%	2.59	%	2.83	%	2.89	%	2.78	%	2.83	%

Period	41		42		43		44		45		46		47		48		49		50		51		52		53		54		55		56		57		58		59		60
Trigger Level	8.10	%	8.10	%	8.10	%	8.10	%	8.10	%	8.10	%	8.10	%	8.10	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%	11.55	%
61+ Delinquencies	2.98	%	3.03	%

There have been no material modifications, extensions or waivers relating to the terms of or fees, penalties or payments on, pool assets during the distribution period or that, cumulatively, have become material over time.

This Servicer Certificate relates only to CARAT 2016-3. This Servicer Certificate should not be relied upon with respect to any other security. The information contained herein is only an indication of past performance and does not predict how CARAT 2016-3 will perform in the future.

Page 8 of 8

Capital Auto Receivables Asset Trust 2016-3 10-D