Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | June 2026 |
| Payment Date | 7/15/2026 |
| Transaction Month | 22 | |
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 | $ | 1,688,795,240.91 | | | 42,975 | | | 57.2 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 330,000,000.00 | | | 4.922 | % | | October 15, 2025 |
| Class A-2a Notes | $ | 300,000,000.00 | | | 4.32 | % | | August 15, 2027 |
| Class A-2b Notes | $ | 245,000,000.00 | | | 3.99301 | % | * | August 15, 2027 |
| Class A-3 Notes | $ | 545,000,000.00 | | | 4.07 | % | | July 15, 2029 |
| Class A-4 Notes | $ | 80,000,000.00 | | | 4.11 | % | | July 15, 2030 |
| Class B Notes | $ | 47,370,000.00 | | | 4.40 | % | | August 15, 2030 |
| Class C Notes | $ | 31,570,000.00 | | | 0.00 | % | | March 15, 2032 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.40% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 3,312,885.11 | |
| |
| Principal: | |
| Principal Collections | $ | 23,164,967.04 | |
| Prepayments in Full | $ | 12,102,892.36 | |
| Liquidation Proceeds | $ | 262,222.43 | |
| Recoveries | $ | 43,078.47 | |
| Sub Total | $ | 35,573,160.30 | |
| Collections | $ | 38,886,045.41 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 104,713.94 | |
| Purchase Amounts Related to Interest | $ | 308.98 | |
| Sub Total | $ | 105,022.92 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 38,991,068.33 | |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | June 2026 |
| Payment Date | 7/15/2026 |
| Transaction Month | 22 | |
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 | | | $ | 38,991,068.33 | |
| Servicing Fee | $ | 655,430.79 | | | $ | 655,430.79 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 38,335,637.54 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 38,335,637.54 | |
| Interest - Class A-2a Notes | $ | 9,903.53 | | | $ | 9,903.53 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 38,325,734.01 | |
| Interest - Class A-2b Notes | $ | 7,475.69 | | | $ | 7,475.69 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 38,318,258.32 | |
| Interest - Class A-3 Notes | $ | 1,848,458.33 | | | $ | 1,848,458.33 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 36,469,799.99 | |
| Interest - Class A-4 Notes | $ | 274,000.00 | | | $ | 274,000.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 36,195,799.99 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 36,195,799.99 | |
| Interest - Class B Notes | $ | 173,690.00 | | | $ | 173,690.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 36,022,109.99 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 36,022,109.99 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 36,022,109.99 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 36,022,109.99 | |
| Regular Principal Payment | $ | 33,698,276.31 | | | $ | 33,698,276.31 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 2,323,833.68 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 2,323,833.68 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 2,323,833.68 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 38,991,068.33 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 33,698,276.31 | |
| Total | | | | | | | | | $ | 33,698,276.31 | |
| | | | | | | | | |
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 | $ | 2,750,980.68 | | | $ | 9.17 | | | $ | 9,903.53 | | | $ | 0.03 | | | $ | 2,760,884.21 | | | $ | 9.20 | |
| Class A-2b Notes | $ | 2,246,634.22 | | | $ | 9.17 | | | $ | 7,475.69 | | | $ | 0.03 | | | $ | 2,254,109.91 | | | $ | 9.20 | |
| Class A-3 Notes | $ | 28,700,661.41 | | | $ | 52.66 | | | $ | 1,848,458.33 | | | $ | 3.39 | | | $ | 30,549,119.74 | | | $ | 56.05 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 274,000.00 | | | $ | 3.43 | | | $ | 274,000.00 | | | $ | 3.43 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 173,690.00 | | | $ | 3.67 | | | $ | 173,690.00 | | | $ | 3.67 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 33,698,276.31 | | | $ | 21.34 | | | $ | 2,313,527.55 | | | $ | 1.47 | | | $ | 36,011,803.86 | | | $ | 22.81 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | June 2026 |
| Payment Date | 7/15/2026 |
| Transaction Month | 22 | |
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 | $ | 2,750,980.68 | | | 0.0091699 | | $ | 0.00 | | | 0.0000000 |
| Class A-2b Notes | $ | 2,246,634.22 | | | 0.0091699 | | $ | 0.00 | | | 0.0000000 |
| Class A-3 Notes | $ | 545,000,000.00 | | | 1.0000000 | | $ | 516,299,338.59 | | | 0.9473382 |
| Class A-4 Notes | $ | 80,000,000.00 | | | 1.0000000 | | $ | 80,000,000.00 | | | 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 | $ | 708,937,614.90 | | | 0.4489959 | | $ | 675,239,338.59 | | | 0.4276536 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 4.889 | % | | 4.902 | % |
| Weighted Average Remaining Term | 40.72 | | 39.95 |
| Number of Receivables Outstanding | 28,329 | | 27,570 |
| Pool Balance | $ | 786,516,952.26 | | | $ | 750,584,157.34 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 740,516,572.20 | | | $ | 706,818,295.89 | |
| Pool Factor | 0.4657267 | | 0.4444495 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,369.66 | |
| Yield Supplement Overcollateralization Amount | $ | 43,765,861.45 | |
| Targeted Overcollateralization Amount | $ | 75,344,818.75 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 75,344,818.75 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,369.66 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,369.66 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,369.66 | |
| |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | June 2026 |
| Payment Date | 7/15/2026 |
| Transaction Month | 22 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 60 | | $ | 297,999.15 | |
| (Recoveries) | | | 40 | | $ | 43,078.47 | |
| Net Loss for Current Collection Period | | | | | $ | 254,920.68 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.3889 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.8083 | % |
| Second Prior Collection Period | | 0.1012 | % |
| Prior Collection Period | | | | | 0.2251 | % |
| Current Collection Period | | | | | 0.3980 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.3832 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 1,499 | | $ | 9,093,392.32 | |
| (Cumulative Recoveries) | | | | | $ | 1,275,909.73 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 7,817,482.59 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.4629 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 6,066.31 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,215.13 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 1.14 | % | | 227 | | $ | 8,543,291.79 | |
| 61-90 Days Delinquent | 0.15 | % | | 29 | | $ | 1,102,553.68 | |
| 91-120 Days Delinquent | 0.02 | % | | 5 | | $ | 177,155.48 | |
| Over 120 Days Delinquent | 0.05 | % | | 10 | | $ | 350,323.10 | |
| Total Delinquent Receivables | 1.36 | % | | 271 | | $ | 10,173,324.05 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 23 | | $ | 927,717.77 | |
| Total Repossessed Inventory | | | 43 | | $ | 1,911,721.14 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.1169 | % |
| Prior Collection Period | | | | | 0.1553 | % |
| Current Collection Period | | | | | 0.1596 | % |
| Three Month Average | | | | | 0.1439 | % |
| | | | | |
| 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 | | | | | 0.2172 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | June 2026 |
| Payment Date | 7/15/2026 |
| Transaction Month | 22 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 87 | $3,236,838.90 |
| 2 Months Extended | | | 127 | $5,007,127.92 |
| 3+ Months Extended | | | 19 | $777,329.42 |
| | | | |
| Total Receivables Extended | 233 | $9,021,296.24 |
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