Exhibit 99.1
Servicer’s Certificate
for the Collection Period June 01, 2026 through June 30, 2026
for Payment Date of July 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
| 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 | $375,000,000.00 | 5/15/25 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $262,100,000.00 | 3/15/27 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2b | $357,900,000.00 | 3/15/27 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-3 | $620,000,000.00 | 1/16/29 | $412,211,060.85 | 0.6648565 | $0.00 | $16,400,262.09 | $14,875,090.29 | $380,935,708.47 | 0.6144124 | |||||||||||||||||||||||||||
| A-4 | $91,260,000.00 | 7/16/29 | $91,260,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $91,260,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $43,740,000.00 | 10/15/30 | $43,740,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $43,740,000.00 | 1.0000000 | |||||||||||||||||||||||||||
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| Total | $1,750,000,000.00 | $547,211,060.85 | $0.00 | $16,400,262.09 | $14,875,090.29 | $515,935,708.47 | 0.2948204 | |||||||||||||||||||||||||||||
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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 | 5.51500% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 5.41000% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2b | 3.94301% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-3 | 5.33000% | $1,830,904.13 | $0.00 | $1,830,904.13 | $0.00 | $33,106,256.51 | ||||||||||||||||||||
| A-4 | 5.28000% | $401,544.00 | $0.00 | $401,544.00 | $0.00 | $401,544.00 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
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| Total | $2,232,448.13 | $0.00 | $2,232,448.13 | $0.00 | $33,507,800.51 | |||||||||||||||||||||
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Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
| Initial Deposit Amount |
$4,375,026.56 | Beginning Period Amount |
$22,028,339.39 | |||||||
| Specified Reserve Account Amount |
$4,375,026.56 | Increase/(Decrease) |
$(1,843,935.06 | ) | ||||||
| Beginning Balance |
$4,375,026.56 | Ending Period Amount |
$20,184,404.33 | |||||||
| Withdrawals |
$0.00 | |||||||||
| Amount Available for Deposit |
$16,816,464.65 | Overcollateralization | ||||||||
| Amount Deposited to the Reserve Account |
$0.00 | |||||||||
| Reserve Account Balance Prior to Release |
$4,375,026.56 | Adjusted Pool Balance |
$530,810,798.76 | |||||||
| Reserve Account Required Amount |
$4,375,026.56 | Total Note Balance |
$515,935,708.47 | |||||||
| Reserve Account Release to Seller |
$0.00 | Ending Overcollateralization Amount |
$14,875,090.29 | |||||||
| Ending Reserve Account Balance |
$4,375,026.56 | Overcollateralization Target Amount |
$14,875,090.29 | |||||||
Page 1 of 5
Servicer’s Certificate
for the Collection Period June 01, 2026 through June 30, 2026
for Payment Date of July 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
| Number of Liquidated Receivables |
22 | 712 | 690 | 671 | 653 | |||||||||||||||
| Gross Principal of Liquidated Receivables |
$426,434.39 | $18,792,744.26 | $18,366,309.87 | $17,955,662.40 | $17,542,517.51 | |||||||||||||||
| Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(71,867.54 | ) | $(71,867.54 | ) | $(71,867.54 | ) | $(71,867.54 | ) | |||||||||||
| Net Liquidation Proceeds Received During the Collection Period |
$(60,947.04 | ) | $(2,470,875.50 | ) | $(2,409,928.46 | ) | $(2,372,084.65 | ) | $(2,369,659.47 | ) | ||||||||||
| Recoveries on Previously Liquidated Contracts |
$(242,534.60 | ) | $(8,819,086.37 | ) | $(8,576,551.77 | ) | $(8,269,322.77 | ) | $(8,068,586.38 | ) | ||||||||||
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| Net Credit Losses |
$122,952.75 | $7,430,914.85 | $7,307,962.10 | $7,242,387.44 | $7,032,404.12 | |||||||||||||||
| Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
1.01347% | 0.98215% | 0.95511% | 0.92948% | ||||||||||||||||
| Number of Accounts with Liquidation Proceeds or Recoveries |
681 | 655 | 639 | 622 | ||||||||||||||||
| Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.66268% | 0.63966% | 0.62223% | 0.59304% | ||||||||||||||||
| Number of Assets Experiencing a Net Loss |
605 | 586 | 571 | 559 | ||||||||||||||||
| Net Credit Losses for Assets Experiencing a Loss |
$7,462,994.52 | $7,339,282.91 | $7,270,717.37 | $7,058,544.22 | ||||||||||||||||
| Average Net Loss on all assets that have Experienced a Net Loss |
$12,335.53 | $12,524.37 | $12,733.31 | $12,627.09 | ||||||||||||||||
| Cumulative Net Loss Ratio |
0.39605% | 0.38950% | 0.38600% | 0.37481% | ||||||||||||||||
| Repossessed in Current Period |
6 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
| Receivables Pool Balance |
$1,876,256,589.10 | $584,114,490.53 | $550,995,203.09 | |||||||||||||
| Number of Contracts |
70,254 | 38,694 | 37,575 | |||||||||||||
| Weighted Average APR |
5.70% | 5.92% | 5.93% | |||||||||||||
| Weighted Average Remaining Term (Months) |
54.56 | 30.91 | 30.08 | |||||||||||||
Page 2 of 5
Servicer’s Certificate
for the Collection Period June 01, 2026 through June 30, 2026
for Payment Date of July 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
Collections
| Principal Payments Received |
$22,489,274.75 | |||
| Prepayments in Full |
$10,203,578.30 | |||
| Interest Payments Received |
$2,939,602.26 | |||
| Aggregate Net Liquidation Proceeds |
$303,481.64 | |||
| Interest on Repurchased Contracts |
$0.00 | |||
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| Total Collections |
$35,935,936.95 | |||
| Principal of Repurchased Contracts |
$0.00 | |||
| Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
| Adjustment on Repurchased Contracts |
$0.00 | |||
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| Total Repurchased Amount |
$0.00 | |||
| Total Available Collections |
$35,935,936.95 |
Distributions
| Calculated Amount |
Amount Paid |
Shortfall | ||||||||
| Servicing Fee |
$486,762.08 | $486,762.08 | $0.00 | |||||||
| Trustee and Other Fees/Expenses (capped at $300,000.00 per calendar year) |
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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 | |||||||
| Interest - Class A-1 Notes |
$0.00 | $0.00 | $0.00 | |||||||
| Interest - Class A-2a Notes |
$0.00 | $0.00 | $0.00 | |||||||
| Interest - Class A-2b Notes |
$0.00 | $0.00 | $0.00 | |||||||
| Interest - Class A-3 Notes |
$1,830,904.13 | $1,830,904.13 | $0.00 | |||||||
| Interest - Class A-4 Notes |
$401,544.00 | $401,544.00 | $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 |
$16,400,262.09 | $16,400,262.09 | $0.00 | |||||||
| Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
| Regular Principal Distribution Amount |
$14,875,090.29 | $14,875,090.29 | $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 |
$1,941,374.36 | $1,941,374.36 | N/A | |||||||
Page 3 of 5
Servicer’s Certificate
for the Collection Period June 01, 2026 through June 30, 2026
for Payment Date of July 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
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 |
$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 |
$1,830,904.13 | $2.95 | $31,275,352.38 | $50.44 | $33,106,256.51 | $53.39 | ||||||||||||||||||||||||||||
| Class A-4 Notes |
$401,544.00 | $4.40 | $0.00 | $0.00 | $401,544.00 | $4.40 | ||||||||||||||||||||||||||||
| 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 |
0.90% | 338 | 1.31% | $7,234,067.16 | ||||||||||||
| 60-89 Days Delinquent |
0.30% | 112 | 0.43% | $2,381,415.13 | ||||||||||||
| 90-119 Days Delinquent |
0.09% | 35 | 0.15% | $825,647.37 | ||||||||||||
| 120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
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| Total Delinquencies |
1.29% | 485 | 1.89% | $10,441,129.66 | ||||||||||||
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| Total Delinquencies - Prior Period |
1.27% | 1.86% | ||||||||||||||
| Total Delinquencies - Two Months Prior |
1.06% | 1.52% | ||||||||||||||
| Total Delinquencies - Three Months Prior |
1.04% | 1.48% | ||||||||||||||
| Receivables Pool Balance |
$550,995,203.09 | |||||||||||||||
| 60-Day Delinquency Percentage |
0.58% | |||||||||||||||
| Delinquency Trigger Percentage |
4.95% | |||||||||||||||
| Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
| Repossessed Vehicle Inventory* |
8 vehicles | |||||||
| * Included with Delinquencies Above |
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Page 4 of 5
Servicer’s Certificate
for the Collection Period June 01, 2026 through June 30, 2026
for Payment Date of July 15, 2026
Toyota Auto Receivables 2024-B 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/ Adam Stam | ||
| Name: | Adam Stam | |
| Title: | General Manager - Treasury | |
Page 5 of 5