Exhibit 99.1
Servicer’s Certificate
for the Collection Period June 01, 2025 through June 30, 2025
for Payment Date of July 15, 2025
Toyota Auto Receivables 2025-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
| Class |
Initial Principal Balance |
Final Scheduled Payment Date |
Beginning Principal Balance |
Beginning Principal Factor |
First Priority Principal Distribution Amount |
Second Priority Principal Distribution Amount |
Regular Principal Distribution Amount |
Ending Principal Balance |
Ending Principal Factor |
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| A-1 | $412,000,000.00 | 1/15/26 | $32,711,854.82 | 0.0793977 | $0.00 | $32,711,854.82 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $378,950,000.00 | 11/15/27 | $378,950,000.00 | 1.0000000 | $0.00 | $5,412,161.89 | $9,380,813.15 | $364,157,024.96 | 0.9609633 | |||||||||||||||||||||||||||
| A-2b | $273,450,000.00 | 11/15/27 | $273,450,000.00 | 1.0000000 | $0.00 | $3,905,411.45 | $6,769,186.85 | $262,775,401.70 | 0.9609633 | |||||||||||||||||||||||||||
| A-3 | $656,100,000.00 | 8/15/29 | $656,100,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $656,100,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-4 | $132,000,000.00 | 5/15/30 | $132,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $132,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $47,500,000.00 | 9/15/31 | $47,500,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $47,500,000.00 | 1.0000000 | |||||||||||||||||||||||||||
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| Total | $1,900,000,000.00 | $1,520,711,854.82 | $0.00 | $42,029,428.16 | $16,150,000.00 | $1,462,532,426.66 | 0.7697539 | |||||||||||||||||||||||||||||
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| Class | Interest Rate | Interest Distributable Amount |
Prior Interest Carryover |
Interest Distribution Amount |
Current Interest Carryover |
Total Principal & Interest Distribution |
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| A-1 | 4.41200% | $116,261.57 | $0.00 | $116,261.57 | $0.00 | $32,828,116.39 | ||||||||||||||||||||
| A-2a | 4.48000% | $1,414,746.67 | $0.00 | $1,414,746.67 | $0.00 | $16,207,721.71 | ||||||||||||||||||||
| A-2b | 4.63385% | $1,020,740.62 | $0.00 | $1,020,740.62 | $0.00 | $11,695,338.92 | ||||||||||||||||||||
| A-3 | 4.64000% | $2,536,920.00 | $0.00 | $2,536,920.00 | $0.00 | $2,536,920.00 | ||||||||||||||||||||
| A-4 | 4.76000% | $523,600.00 | $0.00 | $523,600.00 | $0.00 | $523,600.00 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
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| Total | $5,612,268.86 | $0.00 | $5,612,268.86 | $0.00 | $63,791,697.02 | |||||||||||||||||||||
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Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
| Initial Deposit Amount |
$4,750,000.00 | Beginning Period Amount |
$56,125,625.60 | |||||||
| Specified Reserve Account Amount |
$4,750,000.00 | Increase/(Decrease) |
$(3,210,029.05 | ) | ||||||
| Beginning Balance |
$4,750,000.00 | Ending Period Amount |
$52,915,596.55 | |||||||
| Withdrawals |
$0.00 | |||||||||
| Amount Available for Deposit |
$19,960,038.00 | Overcollateralization | ||||||||
| Amount Deposited to the Reserve Account |
$0.00 | |||||||||
| Reserve Account Balance Prior to Release |
$4,750,000.00 | Adjusted Pool Balance |
$1,478,682,426.66 | |||||||
| Reserve Account Required Amount |
$4,750,000.00 | Total Note Balance |
$1,462,532,426.66 | |||||||
| Reserve Account Release to Seller |
$0.00 | Ending Overcollateralization Amount |
$16,150,000.00 | |||||||
| Ending Reserve Account Balance |
$4,750,000.00 | Overcollateralization Target Amount |
$16,150,000.00 | |||||||
Page 1 of 5
Servicer’s Certificate
for the Collection Period June 01, 2025 through June 30, 2025
for Payment Date of July 15, 2025
Toyota Auto Receivables 2025-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
| Number of Liquidated Receivables |
34 | 119 | 85 | 58 | 28 | |||||||||||||||
| Gross Principal of Liquidated Receivables |
$1,008,201.41 | $3,873,898.57 | $2,865,697.16 | $1,876,917.63 | $924,411.07 | |||||||||||||||
| Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(4,885.85 | ) | $(4,885.85 | ) | $0.00 | $0.00 | |||||||||||||
| Net Liquidation Proceeds Received During the Collection Period |
$(353,862.44 | ) | $(1,447,335.66 | ) | $(1,093,473.22 | ) | $(756,867.08 | ) | $(358,186.26 | ) | ||||||||||
| Recoveries on Previously Liquidated Contracts |
$(132,105.12 | ) | $(298,504.16 | ) | $(166,399.04 | ) | $(34,856.68 | ) | $776.80 | |||||||||||
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| Net Credit Losses |
$522,233.85 | $2,123,172.90 | $1,600,939.05 | $1,085,193.87 | $567,001.61 | |||||||||||||||
| Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.17213% | 0.12295% | 0.08390% | 0.04050% | ||||||||||||||||
| Number of Accounts with Liquidation Proceeds or Recoveries |
99 | 70 | 44 | 23 | ||||||||||||||||
| Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.12281% | 0.09088% | 0.06044% | 0.03097% | ||||||||||||||||
| Number of Assets Experiencing a Net Loss |
114 | 82 | 56 | 27 | ||||||||||||||||
| Net Credit Losses for Assets Experiencing a Loss |
$2,124,427.27 | $1,601,772.80 | $1,085,770.91 | $567,313.31 | ||||||||||||||||
| Average Net Loss on all assets that have Experienced a Net Loss |
$18,635.33 | $19,533.81 | $19,388.77 | $21,011.60 | ||||||||||||||||
| Cumulative Net Loss Ratio |
0.10738% | 0.08097% | 0.05489% | 0.02868% | ||||||||||||||||
| Repossessed in Current Period |
8 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
| Receivables Pool Balance |
$1,977,161,496.74 | $1,592,987,480.42 | $1,531,598,023.21 | |||||||||||||
| Number of Contracts |
69,132 | 61,530 | 60,189 | |||||||||||||
| Weighted Average APR |
6.00% | 6.02% | 6.02% | |||||||||||||
| Weighted Average Remaining Term (Months) |
54.22 | 48.89 | 47.99 | |||||||||||||
Page 2 of 5
Servicer’s Certificate
for the Collection Period June 01, 2025 through June 30, 2025
for Payment Date of July 15, 2025
Toyota Auto Receivables 2025-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
Collections
| Principal Payments Received |
$36,910,614.02 | |||
| Prepayments in Full |
$23,430,417.70 | |||
| Interest Payments Received |
$8,061,694.06 | |||
| Aggregate Net Liquidation Proceeds |
$485,967.56 | |||
| Interest on Repurchased Contracts |
$307.17 | |||
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| Total Collections |
$68,889,000.51 | |||
| Principal of Repurchased Contracts |
$40,224.08 | |||
| Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
| Adjustment on Repurchased Contracts |
$0.00 | |||
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| Total Repurchased Amount |
$40,224.08 | |||
| Total Available Collections |
$68,929,224.59 |
Distributions
| Calculated Amount |
Amount Paid |
Shortfall | ||||||||
| Servicing Fee |
$1,327,489.57 | $1,327,489.57 | $0.00 | |||||||
| Trustee and Other Fees/Expenses (capped at $300,000.00 per calendar year) |
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| Indenture Trustee |
$0.00 |
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$0.00 |
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$0.00 | |||||
| Owner Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Asset Representations Reviewer |
$0.00 |
$0.00 |
$0.00 | |||||||
| Interest - Class A-1 Notes |
$116,261.57 | $116,261.57 | $0.00 | |||||||
| Interest - Class A-2a Notes |
$1,414,746.67 | $1,414,746.67 | $0.00 | |||||||
| Interest - Class A-2b Notes |
$1,020,740.62 | $1,020,740.62 | $0.00 | |||||||
| Interest - Class A-3 Notes |
$2,536,920.00 | $2,536,920.00 | $0.00 | |||||||
| Interest - Class A-4 Notes |
$523,600.00 | $523,600.00 | $0.00 | |||||||
| First Priority Principal Distribution Amount |
$0.00 | $0.00 | $0.00 | |||||||
| Interest - Class B Notes |
$0.00 | $0.00 | $0.00 | |||||||
| Second Priority Principal Distribution Amount |
$42,029,428.16 | $42,029,428.16 | $0.00 | |||||||
| Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
| Regular Principal Distribution Amount |
$16,150,000.00 | $16,150,000.00 | $0.00 | |||||||
| Additional Trustee and Other Fees/Expenses |
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| Indenture Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Owner Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Asset Representations Reviewer |
$0.00 |
$0.00 |
$0.00 | |||||||
| Excess Amounts to the Certificateholder |
$3,810,038.00 | $3,810,038.00 | N/A | |||||||
Page 3 of 5
Servicer’s Certificate
for the Collection Period June 01, 2025 through June 30, 2025
for Payment Date of July 15, 2025
Toyota Auto Receivables 2025-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
Noteholder Distributions
| Interest Distributed |
Per $1000 of Original Balance |
Principal Distributed |
Per $1000 of Original Balance |
Amount Distributed |
Per $1000 of Original Balance |
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| Class A-1 Notes |
$116,261.57 | $0.28 | $32,711,854.82 | $79.40 | $32,828,116.39 | $79.68 | ||||||||||||||||||||||||||||
| Class A-2a Notes |
$1,414,746.67 | $3.73 | $14,792,975.04 | $39.04 | $16,207,721.71 | $42.77 | ||||||||||||||||||||||||||||
| Class A-2b Notes |
$1,020,740.62 | $3.73 | $10,674,598.30 | $39.04 | $11,695,338.92 | $42.77 | ||||||||||||||||||||||||||||
| Class A-3 Notes |
$2,536,920.00 | $3.87 | $0.00 | $0.00 | $2,536,920.00 | $3.87 | ||||||||||||||||||||||||||||
| Class A-4 Notes |
$523,600.00 | $3.97 | $0.00 | $0.00 | $523,600.00 | $3.97 | ||||||||||||||||||||||||||||
| Class B Notes |
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||||||||||
Delinquent and Repossessed Contracts
| Percentage of Current Month Number of Contracts |
Units | Percentage of Current Month Receivables Pool Balance |
Balance | |||||||||||||
| 30-59 Days Delinquent |
0.46% | 274 | 0.55% | $8,484,711.88 | ||||||||||||
| 60-89 Days Delinquent |
0.12% | 70 | 0.14% | $2,078,694.08 | ||||||||||||
| 90-119 Days Delinquent |
0.05% | 29 | 0.05% | $797,141.25 | ||||||||||||
| 120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
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| Total Delinquencies |
0.63% | 373 | 0.74% | $11,360,547.21 | ||||||||||||
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| Total Delinquencies - Prior Period |
0.58% | 0.69% | ||||||||||||||
| Total Delinquencies - Two Months Prior |
0.54% | 0.68% | ||||||||||||||
| Total Delinquencies - Three Months Prior |
0.54% | 0.66% | ||||||||||||||
| Receivables Pool Balance |
$1,531,598,023.21 | |||||||||||||||
| 60-Day Delinquency Percentage |
0.19% | |||||||||||||||
| Delinquency Trigger Percentage |
4.95% | |||||||||||||||
| Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
| Repossessed Vehicle Inventory* |
14 vehicles | |||||||
| * Included with Delinquencies Above |
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Page 4 of 5
Servicer’s Certificate
for the Collection Period June 01, 2025 through June 30, 2025
for Payment Date of July 15, 2025
Toyota Auto Receivables 2025-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
I hereby certify to the best of my knowledge that the report provided is true and correct.
| /s/ Stephen Bishop | ||
| Name: | Stephen Bishop | |
| Title: | General Manager - Treasury | |
Page 5 of 5