Statement to Securityholder 

Ally Auto Receivables Trust 2024-1

 

Deal Information						Table of Contents
Asset Type:			Consumer Retail			1.			Class Distribution Summary
						2.			Note Factor Summary
Closing Date:			3/13/2024			3.			Interest Summary
						4.			Collections and Distributions
Bloomberg Ticker:			ALLYA 2024-1			5.			Cash Reserve
						6.			Collateral Summary
Collection Period:						7.			Net Charge-Offs, Delinquencies, and Bankruptcies
Begin			2/1/2026			8.			Performance Tests
End			2/28/2026			9.			Supplemental Disclosures
Determination Date:			3/10/2026
Distribution Date:			3/16/2026
ABS Investor Relations:
Servicer:			Ally Bank
Telephone:			(866) 710-4623
E-Mail:			securitization@ally.com
Additional information about the transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the CIK number 0002010413.

        

            

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Statement to Securityholder 

Ally Auto Receivables Trust 2024-1

1. Class Distribution Summary
												Class Distribution
Class			CUSIP/ CUSIP-RegS			Initial Note Principal Balance			Beginning Note Principal Balance			Principal			Interest			Total			Ending Note Principal Balance
A-1			02008FAA2			265,960,000.00			0.00			0.00			0.00			0.00			0.00
A-2			02008FAB0			340,000,000.00			0.00			0.00			0.00			0.00			0.00
A-3			02008FAC8			390,000,000.00			244,158,693.80			18,809,966.54			1,033,605.14			19,843,571.68			225,348,727.26
A-4			02008FAD6			63,200,000.00			63,200,000.00			0.00			260,173.33			260,173.33			63,200,000.00
B			02008FAE4			23,560,000.00			23,560,000.00			0.00			101,308.00			101,308.00			23,560,000.00
C			02008FAF1			19,640,000.00			19,640,000.00			0.00			88,543.67			88,543.67			19,640,000.00
D			02008FAG9			14,590,000.00			14,590,000.00			0.00			70,518.33			70,518.33			14,590,000.00
Total Notes						1,116,950,000.00			365,148,693.80			18,809,966.54			1,554,148.47			20,364,115.01			346,338,727.26
Certificates			02008F104/ U0203F116															712,656.99
Total Class Distribution																		21,076,772.00

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Statement to Securityholder 

Ally Auto Receivables Trust 2024-1

2. Note Factor Summary

(Amount per $1,000 of Original Principal) 

						Distribution
Class			Beginning			Principal			Interest			Total			Ending
A-1			0.0000000			0.0000000			0.0000000			0.0000000			0.0000000
A-2			0.0000000			0.0000000			0.0000000			0.0000000			0.0000000
A-3			626.0479328			48.2306834			2.6502696			50.8809530			577.8172494
A-4			1,000.0000000			0.0000000			4.1166666			4.1166666			1000.0000000
B			1,000.0000000			0.0000000			4.3000000			4.3000000			1000.0000000
C			1,000.0000000			0.0000000			4.5083335			4.5083335			1000.0000000
D			1,000.0000000			0.0000000			4.8333331			4.8333331			1000.0000000
Total Notes			326.9158815												310.0754083

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Statement to Securityholder 

Ally Auto Receivables Trust 2024-1

3. Interest Summary

A. Target Interest Calculation

																		Fixed Rate						Variable Rate
Class			Beginning Note Principal Balance						Accrual Methodology			Interest Accrual Days						Total						Applicable Index			Margin			Total						Target Interest Calculation
A-1			0.00						Actual/360			27						5.528%						N/A			N/A			N/A						0.00
A-2			0.00						30/360			30						5.320%						N/A			N/A			N/A						0.00
A-3			244,158,693.80						30/360			30						5.080%						N/A			N/A			N/A						1,033,605.14
A-4			63,200,000.00						30/360			30						4.940%						N/A			N/A			N/A						260,173.33
B			23,560,000.00						30/360			30						5.160%						N/A			N/A			N/A						101,308.00
C			19,640,000.00						30/360			30						5.410%						N/A			N/A			N/A						88,543.67
D			14,590,000.00						30/360			30						5.800%						N/A			N/A			N/A						70,518.33
Total			365,148,693.80																																	1,554,148.47
B. Interest Distribution
Class			Beginning Unpaid Interest Carryover Shortfall						Target Interest Calculation			Interest Shortfall Allocated/ (Repaid)			Interest Distribution									Remaining Unpaid Interest Carryover Shortfall
			(1)						(2)			(3)			(4) = (2) - (3)									(5) = (1) + (3)
A-1			0.00						0.00			0.00			0.00									0.00
A-2			0.00						0.00			0.00			0.00									0.00
A-3			0.00						1,033,605.14			0.00			1,033,605.14									0.00
A-4			0.00						260,173.33			0.00			260,173.33									0.00
B			0.00						101,308.00			0.00			101,308.00									0.00
C			0.00						88,543.67			0.00			88,543.67									0.00
D			0.00						70,518.33			0.00			70,518.33									0.00
Total			0.00						1,554,148.47			0.00			1,554,148.47									0.00

    

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Statement to Securityholder

Ally Auto Receivables Trust 2024-1

4. Collections and Distributions

Collections
Receipts During the Period - Principal			18,056,258.56
Receipts During the Period - Interest			2,994,603.86
Administrative Purchase Payments			0.00
Warranty Payments			0.00
Liquidation Proceeds Including Recoveries (Net of Liquidation Expenses)			343,855.16
Other Fees or Expenses Paid			0.00
Total Collections			21,394,717.58
Beginning Reserve Account Balance			2,804,999.84
Total Available Amount			24,199,717.42
Distributions
Basic Servicing Fee			316,445.58
Amounts paid in connection with an Asset Representations Review			0.00
Aggregate Class A Interest Distributable Amount			1,293,778.47
First Priority Principal Distributable Amount			0.00
Aggregate Class B Interest Distributable Amount			101,308.00
Second Priority Principal Distributable Amount			0.00
Aggregate Class C Interest Distributable Amount			88,543.67
Third Priority Principal Distributable Amount			0.00
Aggregate Class D Interest Distributable Amount			70,518.33
Fourth Priority Principal Distributable Amount			4,223,967.38
Reserve Account Deposit			2,804,999.84
Noteholders' Regular Principal Distributable Amount			14,585,999.16
Indenture Trustee expenses			0.00
Unpaid Fees due to Trustees, Administrator and Asset Representations Reviewer			1,500.00
Excess Total Available Amount to the Certificateholders			712,656.99
Total Distributions			24,199,717.42

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Statement to Securityholder

Ally Auto Receivables Trust 2024-1

 

5. Cash Reserve

												Reductions
			Initial Balance			Beginning Balance			Additions			Draws			Releases			Ending Balance						Specified Reserve Account Balance
			2,804,999.84			2,804,999.84			0.00			0.00			0.00			2,804,999.84						2,804,999.84

6. Collateral Summary

												Initial			Beginning			Ending
Balances			Number of Receivables									59,162			27,690			26,725
			Aggregate Receivables Principal Balance									1,121,999,935.31			379,734,692.96			360,924,726.42
			Aggregate Amount Financed									1,121,999,935.31			379,734,692.96			360,924,726.42
			Pool Factor												33.8444487			32.1679810
Weighted Averages			Coupon									9.62%			10.03%			10.06%
			Original Maturity									70.97			71.46			71.47
			Remaining Maturity									53.76			37.83			37.17

Prepayment Percentage			Monthly Period
			25
			1.20%

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Statement to Securityholder

Ally Auto Receivables Trust 2024-1

7. Net Charge-Offs, Delinquencies, and Bankruptcies

 

Net Charge-Offs																					Cumulative Net Charge-Offs
Period			Average Aggregate Amount Financed			Number of Units Charged-Off			Net Charge-Offs (Recoveries)			Average Net Charge-Offs (Recoveries)			Loss Rate						Aggregate Amount Financed			Cumulative Net Charge-Offs			Cumulative Loss Rate
Current			370,329,709.69			39			409,852.82			10,509.05			1.3281%						1,121,999,935.31			10,991,909.29			0.9797%
Preceding			389,518,054.41			56			608,951.47			10,874.13			1.8760%
Next Preceding			409,677,043.61			48			462,042.66			9,625.89			1.3534%
Third Preceding			429,656,498.74			38			245,272.86			6,454.55			0.6850%
Four Month Average															1.3106%

Delinquencies															Delinquency Stratification
Period			Total Accounts			Accounts over 60			Percent Delinquent						Days			Total Accounts			Total Balance			Percent Delinquent
Current			26,725			197			0.7371%						31 - 60			454			7,612,929.44			2.1093%
Preceding			27,690			256			0.9245%						61 - 90			142			2,219,990.83			0.6151%
Next Preceding			28,715			245			0.8532%						91 - 120			50			811,480.06			0.2248%
Three Month Average									0.8383%						> 120			5			43,416.37			0.0120%

Bankruptcies
			Total Accounts			Total Balance
Prior Period			250			3,833,626.91			1
Additions			13			204,082.26
Removals2			14			242,435.91
Ending			249			3,795,273.26

1 Total Balance for Prior Period reflects the aggregate balance as of the last day of the related Collection Period.

2 Include bankruptcies returned to active status, bankruptcies paid-in-full, and charge-offs on prior period bankruptcies.

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Statement to Securityholder

Ally Auto Receivables Trust 2024-1

8. Performance Tests

For the Collection Period

Event of Default

All Tests Passed

Servicer Default

All Tests Passed

Overcollateralization:

Initial

5,049,935.31

Current

14,585,999.16

Overcollateralization Target Reached?

YES

Target

14,585,999.16

Asset Representations Review Delinquency Trigger:

Monthly Period

Trigger

Monthly

61+

1-12

2.70%

Period

Trigger

Delinquencies

13-24

2.90%

25

3.10%

0.85%

Pass

25-36

3.10%

37+

4.60%

9. Supplemental Disclosures

For the Collection Period

Supplemental Servicing Fees

50,399.37

Other Fees or Expenses Accrued

0.00

Liquidation Expenses

21,450.00

Have there been any material modifications, extensions, or waivers relating to the terms of or fees, penalties or payments on, pool assets during the period or that, cumulatively, have become material over time?

No

Have there been any material changes in determining or defining delinquencies, charge-offs or uncollectible amounts?

No

Have there been any receivables with respect to which material breaches of pool asset representations or warranties or transaction covenants have occurred?

No

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