Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 27 | |
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 333-258040 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 | $ | 1,696,683,364.30 | | | 46,551 | | | 55.8 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 305,000,000.00 | | | 5.524 | % | | April 15, 2025 |
| Class A-2a Notes | $ | 150,000,000.00 | | | 5.32 | % | | January 15, 2027 |
| Class A-2b Notes | $ | 410,000,000.00 | | | 4.00285 | % | * | January 15, 2027 |
| Class A-3 Notes | $ | 560,000,000.00 | | | 5.09 | % | | December 15, 2028 |
| Class A-4 Notes | $ | 75,000,000.00 | | | 5.01 | % | | September 15, 2029 |
| Class B Notes | $ | 47,350,000.00 | | | 5.26 | % | | November 15, 2029 |
| Class C Notes | $ | 31,560,000.00 | | | 0.00 | % | | September 15, 2031 |
| Total | $ | 1,578,910,000.00 | | | | | |
| | | * 30-day average SOFR + 0.36% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 2,482,322.26 | |
| |
| Principal: | |
| Principal Collections | $ | 19,195,578.17 | |
| Prepayments in Full | $ | 9,850,646.92 | |
| Liquidation Proceeds | $ | 330,423.54 | |
| Recoveries | $ | 55,459.23 | |
| Sub Total | $ | 29,432,107.86 | |
| Collections | $ | 31,914,430.12 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 98,265.16 | |
| Purchase Amounts Related to Interest | $ | 631.42 | |
| Sub Total | $ | 98,896.58 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 32,013,326.70 | |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 27 | |
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 | | | $ | 32,013,326.70 | |
| Servicing Fee | $ | 496,695.48 | | | $ | 496,695.48 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,516,631.22 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,516,631.22 | |
| Interest - Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,516,631.22 | |
| Interest - Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,516,631.22 | |
| Interest - Class A-3 Notes | $ | 1,570,262.29 | | | $ | 1,570,262.29 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 29,946,368.93 | |
| Interest - Class A-4 Notes | $ | 313,125.00 | | | $ | 313,125.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 29,633,243.93 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 29,633,243.93 | |
| Interest - Class B Notes | $ | 207,550.83 | | | $ | 207,550.83 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 29,425,693.10 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 29,425,693.10 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 29,425,693.10 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 29,425,693.10 | |
| Regular Principal Payment | $ | 27,336,197.19 | | | $ | 27,336,197.19 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 2,089,495.91 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 2,089,495.91 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 2,089,495.91 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 32,013,326.70 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 27,336,197.19 | |
| Total | | | | | | | | | $ | 27,336,197.19 | |
| | | | | | | | | |
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 | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-3 Notes | $ | 27,336,197.19 | | | $ | 48.81 | | | $ | 1,570,262.29 | | | $ | 2.80 | | | $ | 28,906,459.48 | | | $ | 51.61 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 313,125.00 | | | $ | 4.18 | | | $ | 313,125.00 | | | $ | 4.18 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 207,550.83 | | | $ | 4.38 | | | $ | 207,550.83 | | | $ | 4.38 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 27,336,197.19 | | | $ | 17.31 | | | $ | 2,090,938.12 | | | $ | 1.32 | | | $ | 29,427,135.31 | | | $ | 18.63 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 27 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-2a Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-2b Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-3 Notes | $ | 370,199,361.79 | | | 0.6610703 | | $ | 342,863,164.60 | | | 0.6122557 |
| Class A-4 Notes | $ | 75,000,000.00 | | | 1.0000000 | | $ | 75,000,000.00 | | | 1.0000000 |
| Class B Notes | $ | 47,350,000.00 | | | 1.0000000 | | $ | 47,350,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,560,000.00 | | | 1.0000000 | | $ | 31,560,000.00 | | | 1.0000000 |
| Total | $ | 524,109,361.79 | | | 0.3319438 | | $ | 496,773,164.60 | | | 0.3146305 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.242 | % | | 5.268 | % |
| Weighted Average Remaining Term | 36.55 | | 35.84 |
| Number of Receivables Outstanding | 25,680 | | 24,852 |
| Pool Balance | $ | 596,034,580.37 | | | $ | 566,265,470.68 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 560,680,875.68 | | | $ | 532,898,141.84 | |
| Pool Factor | 0.3512939 | | 0.3337485 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,285.02 | |
| Yield Supplement Overcollateralization Amount | $ | 33,367,328.84 | |
| Targeted Overcollateralization Amount | $ | 69,492,306.08 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 69,492,306.08 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,285.02 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,285.02 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,285.02 | |
| |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 27 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 56 | | $ | 294,195.90 | |
| (Recoveries) | | | 63 | | $ | 55,459.23 | |
| Net Loss for Current Collection Period | | | | | $ | 238,736.67 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.4806 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.6911 | % |
| Second Prior Collection Period | | 0.8073 | % |
| Prior Collection Period | | | | | 0.4096 | % |
| Current Collection Period | | | | | 0.4930 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.6002 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 2,025 | | $ | 10,241,913.64 | |
| (Cumulative Recoveries) | | | | | $ | 1,321,426.23 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 8,920,487.41 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.5258 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,057.74 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,405.18 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 1.19 | % | | 213 | | $ | 6,728,517.47 | |
| 61-90 Days Delinquent | 0.30 | % | | 41 | | $ | 1,680,464.97 | |
| 91-120 Days Delinquent | 0.07 | % | | 11 | | $ | 374,800.80 | |
| Over 120 Days Delinquent | 0.06 | % | | 10 | | $ | 360,100.53 | |
| Total Delinquent Receivables | 1.61 | % | | 275 | | $ | 9,143,883.77 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 16 | | $ | 525,571.65 | |
| Total Repossessed Inventory | | | 31 | | $ | 1,066,264.67 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.1691 | % |
| Prior Collection Period | | | | | 0.2453 | % |
| Current Collection Period | | | | | 0.2495 | % |
| Three Month Average | | | | | 0.2213 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.30% | | | | |
| 25-36 | 2.40% | | | | |
| 37+ | 4.75% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.4265 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 27 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 58 | $1,718,538.78 |
| 2 Months Extended | | | 82 | $2,684,851.25 |
| 3+ Months Extended | | | 18 | $657,364.53 |
| | | | |
| Total Receivables Extended | 158 | $5,060,754.56 |
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 6, 2026 |
|
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