Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2025 |
| Payment Date | 10/15/2025 |
| Transaction Month | 7 | |
Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the registration number 333-281130 and at https://www.ford.com/finance/investor-center/asset-backed-securitization.
I. ORIGINAL DEAL PARAMETERS
| | | | | | | | | | | | | | | | | |
| Dollar Amount | | # of Receivables | | Weighted Avg Remaining Term at Cutoff |
| Initial Pool Balance | $ | 1,668,378,947.84 | | | 45,722 | | 54.3 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 315,000,000.00 | | | 4.421 | % | | April 15, 2026 |
| Class A-2a Notes | $ | 326,000,000.00 | | | 4.47 | % | | December 15, 2027 |
| Class A-2b Notes | $ | 250,000,000.00 | | | 4.78208 | % | * | December 15, 2027 |
| Class A-3 Notes | $ | 513,600,000.00 | | | 4.45 | % | | October 15, 2029 |
| Class A-4 Notes | $ | 95,400,000.00 | | | 4.52 | % | | February 15, 2031 |
| Class B Notes | $ | 47,370,000.00 | | | 4.89 | % | | February 15, 2031 |
| Class C Notes | $ | 31,570,000.00 | | | 0.00 | % | | September 15, 2032 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.41% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 5,727,417.39 | |
| |
| Principal: | |
| Principal Collections | $ | 32,671,463.03 | |
| Prepayments in Full | $ | 15,416,965.79 | |
| Liquidation Proceeds | $ | 521,563.80 | |
| Recoveries | $ | 5,258.71 | |
| Sub Total | $ | 48,615,251.33 | |
| Collections | $ | 54,342,668.72 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 127.60 | |
| Purchase Amounts Related to Interest | $ | 0.69 | |
| Sub Total | $ | 128.29 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 54,342,797.01 | |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2025 |
| Payment Date | 10/15/2025 |
| Transaction Month | 7 | |
III. DISTRIBUTIONS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Calculated Amount | | Amount Paid | | Shortfall | | Carryover Shortfall | | Remaining Available Funds |
| Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 54,342,797.01 | |
| Servicing Fee | $ | 1,135,241.06 | | | $ | 1,135,241.06 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 53,207,555.95 | |
| Interest - Class A-1 Notes | $ | 41,283.73 | | | $ | 41,283.73 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 53,166,272.22 | |
| Interest - Class A-2a Notes | $ | 1,214,350.00 | | | $ | 1,214,350.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 51,951,922.22 | |
| Interest - Class A-2b Notes | $ | 996,266.67 | | | $ | 996,266.67 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 50,955,655.55 | |
| Interest - Class A-3 Notes | $ | 1,904,600.00 | | | $ | 1,904,600.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 49,051,055.55 | |
| Interest - Class A-4 Notes | $ | 359,340.00 | | | $ | 359,340.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,691,715.55 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,691,715.55 | |
| Interest - Class B Notes | $ | 193,032.75 | | | $ | 193,032.75 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,498,682.80 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,498,682.80 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,498,682.80 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,498,682.80 | |
| Regular Principal Payment | $ | 61,269,133.31 | | | $ | 48,498,682.80 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 54,342,797.01 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 48,498,682.80 | |
| Total | | | | | | | | | $ | 48,498,682.80 | |
| | | | | | | | | |
IV. NOTEHOLDER PAYMENTS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Noteholder Principal Payments | | Noteholder Interest Payments | | Total Payment |
| | | Per $1,000 of | | | | Per $1,000 of | | | | Per $1,000 of |
| Actual | | Original Balance | | Actual | | Original Balance | | Actual | | Original Balance |
| Class A-1 Notes | $ | 11,205,717.83 | | | $ | 35.57 | | | $ | 41,283.73 | | | $ | 0.13 | | | $ | 11,247,001.56 | | | $ | 35.70 | |
| Class A-2a Notes | $ | 21,106,782.26 | | | $ | 64.74 | | | $ | 1,214,350.00 | | | $ | 3.73 | | | $ | 22,321,132.26 | | | $ | 68.47 | |
| Class A-2b Notes | $ | 16,186,182.71 | | | $ | 64.74 | | | $ | 996,266.67 | | | $ | 3.99 | | | $ | 17,182,449.38 | | | $ | 68.73 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,904,600.00 | | | $ | 3.71 | | | $ | 1,904,600.00 | | | $ | 3.71 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 359,340.00 | | | $ | 3.77 | | | $ | 359,340.00 | | | $ | 3.77 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 193,032.75 | | | $ | 4.08 | | | $ | 193,032.75 | | | $ | 4.08 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 48,498,682.80 | | | $ | 30.72 | | | $ | 4,708,873.15 | | | $ | 2.98 | | | $ | 53,207,555.95 | | | $ | 33.70 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2025 |
| Payment Date | 10/15/2025 |
| Transaction Month | 7 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 11,205,717.83 | | | 0.0355737 | | $ | 0.00 | | | 0.0000000 |
| Class A-2a Notes | $ | 326,000,000.00 | | | 1.0000000 | | $ | 304,893,217.74 | | | 0.9352553 |
| Class A-2b Notes | $ | 250,000,000.00 | | | 1.0000000 | | $ | 233,813,817.29 | | | 0.9352553 |
| Class A-3 Notes | $ | 513,600,000.00 | | | 1.0000000 | | $ | 513,600,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 95,400,000.00 | | | 1.0000000 | | $ | 95,400,000.00 | | | 1.0000000 |
| Class B Notes | $ | 47,370,000.00 | | | 1.0000000 | | $ | 47,370,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,570,000.00 | | | 1.0000000 | | $ | 31,570,000.00 | | | 1.0000000 |
| Total | $ | 1,275,145,717.83 | | | 0.8075961 | | $ | 1,226,647,035.03 | | | 0.7768801 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 4.869 | % | | 4.881 | % |
| Weighted Average Remaining Term | 49.91 | | 49.18 |
| Number of Receivables Outstanding | 40,479 | | 39,537 |
| Pool Balance | $ | 1,362,289,274.16 | | | $ | 1,313,175,237.63 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 1,291,693,941.24 | | | $ | 1,245,455,550.32 | |
| Pool Factor | 0.8165347 | | 0.7870965 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,370.73 | |
| Yield Supplement Overcollateralization Amount | $ | 67,719,687.31 | |
| Targeted Overcollateralization Amount | $ | 99,298,653.11 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 86,528,202.60 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,370.73 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,370.73 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,370.73 | |
| |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2025 |
| Payment Date | 10/15/2025 |
| Transaction Month | 7 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 83 | | $ | 503,916.31 | |
| (Recoveries) | | | 5 | | $ | 5,258.71 | |
| Net Loss for Current Collection Period | | | | | $ | 498,657.60 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.4393 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.0594 | % |
| Second Prior Collection Period | | 0.1710 | % |
| Prior Collection Period | | | | | 0.3925 | % |
| Current Collection Period | | | | | 0.4473 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.2675 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 520 | | $ | 1,376,043.46 | |
| (Cumulative Recoveries) | | | | | $ | 5,258.71 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 1,370,784.75 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.0822 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 2,646.24 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 2,636.12 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.60 | % | | 184 | | $ | 7,826,069.15 | |
| 61-90 Days Delinquent | 0.09 | % | | 29 | | $ | 1,191,276.28 | |
| 91-120 Days Delinquent | 0.02 | % | | 7 | | $ | 264,565.23 | |
| Over 120 Days Delinquent | 0.00 | % | | 0 | | $ | 0.00 | |
| Total Delinquent Receivables | 0.71 | % | | 220 | | $ | 9,281,910.66 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 10 | | $ | 499,413.13 | |
| Total Repossessed Inventory | | | 15 | | $ | 913,026.73 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.0797 | % |
| Prior Collection Period | | | | | 0.0914 | % |
| Current Collection Period | | | | | 0.0911 | % |
| Three Month Average | | | | | 0.0874 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.30% | | | | |
| 25-36 | 2.40% | | | | |
| 37+ | 4.55% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.1109 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2025 |
| Payment Date | 10/15/2025 |
| Transaction Month | 7 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 62 | $2,880,073.81 |
| 2 Months Extended | | | 116 | $5,758,884.49 |
| 3+ Months Extended | | | 25 | $1,037,739.17 |
| | | | |
| Total Receivables Extended | 203 | $9,676,697.47 |
IX. REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)
| | |
| No Activity to report |
|
| Most Recent Form ABS-15G for repurchase demand activity |
|
| Filed by: Ford Motor Credit Company LLC |
| CIK#: 0000038009 |
| Date: February 7, 2025 |
|
X. FLOATING RATE BENCHMARK: BENCHMARK TRANSITION
| | | | | |
| Benchmark Transition Event: | N/A |
| |
| Benchmark Replacement Date: | N/A |
| |
| Unadjusted Benchmark Replacement: | N/A |
| |
| Benchmark Replacement Adjustment: | N/A |
| |
| Benchmark Replacement Conforming Changes: | N/A |
| |
SERVICER CERTIFICATION
THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.
Ford Motor Credit Company LLC
/s/ Ryan M. Hershberger
Assistant Treasurer