Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | July 2026 |
| Payment Date | 8/17/2026 |
| Transaction Month | 9 | |
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 | $ | 1,096,614,974.63 | | | 29,520 | | 55.0 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 240,000,000.00 | | | 3.993 | % | | December 15, 2026 |
| Class A-2a Notes | $ | 220,000,000.00 | | | 3.99 | % | | September 15, 2028 |
| Class A-2b Notes | $ | 128,000,000.00 | | | 3.98539 | % | * | September 15, 2028 |
| Class A-3 Notes | $ | 348,000,000.00 | | | 3.90 | % | | June 15, 2030 |
| Class A-4 Notes | $ | 64,000,000.00 | | | 3.98 | % | | January 15, 2032 |
| Class B Notes | $ | 31,580,000.00 | | | 4.22 | % | | January 15, 2032 |
| Class C Notes | $ | 21,050,000.00 | | | 0.00 | % | | May 15, 2033 |
| Total | $ | 1,052,630,000.00 | | | | | |
| | | * 30-day average SOFR + 0.36% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 3,656,806.26 | |
| |
| Principal: | |
| Principal Collections | $ | 19,935,071.82 | |
| Prepayments in Full | $ | 11,300,870.52 | |
| Liquidation Proceeds | $ | 303,526.42 | |
| Recoveries | $ | 1,181.58 | |
| Sub Total | $ | 31,540,650.34 | |
| Collections | $ | 35,197,456.60 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 15,746.41 | |
| Purchase Amounts Related to Interest | $ | 69.21 | |
| Sub Total | $ | 15,815.62 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 35,213,272.22 | |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | July 2026 |
| Payment Date | 8/17/2026 |
| Transaction Month | 9 | |
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 | | | $ | 35,213,272.22 | |
| Servicing Fee | $ | 690,553.44 | | | $ | 690,553.44 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 34,522,718.78 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 34,522,718.78 | |
| Interest - Class A-2a Notes | $ | 666,399.91 | | | $ | 666,399.91 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,856,318.87 | |
| Interest - Class A-2b Notes | $ | 426,003.17 | | | $ | 426,003.17 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,430,315.70 | |
| Interest - Class A-3 Notes | $ | 1,131,000.00 | | | $ | 1,131,000.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,299,315.70 | |
| Interest - Class A-4 Notes | $ | 212,266.67 | | | $ | 212,266.67 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,087,049.03 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,087,049.03 | |
| Interest - Class B Notes | $ | 111,056.33 | | | $ | 111,056.33 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,975,992.70 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,975,992.70 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,975,992.70 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,975,992.70 | |
| Regular Principal Payment | $ | 35,926,154.49 | | | $ | 31,975,992.70 | | | $ | 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 | | | $ | 35,213,272.22 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 31,975,992.70 | |
| Total | | | | | | | | | $ | 31,975,992.70 | |
| | | | | | | | | |
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 | $ | 20,214,708.03 | | | $ | 91.89 | | | $ | 666,399.91 | | | $ | 3.03 | | | $ | 20,881,107.94 | | | $ | 94.92 | |
| Class A-2b Notes | $ | 11,761,284.67 | | | $ | 91.89 | | | $ | 426,003.17 | | | $ | 3.33 | | | $ | 12,187,287.84 | | | $ | 95.22 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,131,000.00 | | | $ | 3.25 | | | $ | 1,131,000.00 | | | $ | 3.25 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 212,266.67 | | | $ | 3.32 | | | $ | 212,266.67 | | | $ | 3.32 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 111,056.33 | | | $ | 3.52 | | | $ | 111,056.33 | | | $ | 3.52 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 31,975,992.70 | | | $ | 30.38 | | | $ | 2,546,726.08 | | | $ | 2.42 | | | $ | 34,522,718.78 | | | $ | 32.80 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | July 2026 |
| Payment Date | 8/17/2026 |
| Transaction Month | 9 | |
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 | $ | 200,421,025.59 | | | 0.9110047 | | $ | 180,206,317.56 | | | 0.8191196 |
| Class A-2b Notes | $ | 116,608,596.70 | | | 0.9110047 | | $ | 104,847,312.03 | | | 0.8191196 |
| Class A-3 Notes | $ | 348,000,000.00 | | | 1.0000000 | | $ | 348,000,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 64,000,000.00 | | | 1.0000000 | | $ | 64,000,000.00 | | | 1.0000000 |
| Class B Notes | $ | 31,580,000.00 | | | 1.0000000 | | $ | 31,580,000.00 | | | 1.0000000 |
| Class C Notes | $ | 21,050,000.00 | | | 1.0000000 | | $ | 21,050,000.00 | | | 1.0000000 |
| Total | $ | 781,659,622.29 | | | 0.7425778 | | $ | 749,683,629.59 | | | 0.7122005 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.248 | % | | 5.257 | % |
| Weighted Average Remaining Term | 49.16 | | 48.40 |
| Number of Receivables Outstanding | 24,572 | | 23,806 |
| Pool Balance | $ | 828,664,128.15 | | | $ | 796,859,061.12 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 797,208,671.99 | | | $ | 766,786,117.17 | |
| Pool Factor | 0.7556564 | | 0.7266535 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 2,631,581.17 | |
| Yield Supplement Overcollateralization Amount | $ | 30,072,943.95 | |
| Targeted Overcollateralization Amount | $ | 51,125,593.32 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 47,175,431.53 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 2,631,581.17 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 2,631,581.17 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 2,631,581.17 | |
| |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | July 2026 |
| Payment Date | 8/17/2026 |
| Transaction Month | 9 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 43 | | $ | 249,851.86 | |
| (Recoveries) | | | 4 | | $ | 1,181.58 | |
| Net Loss for Current Collection Period | | | | | $ | 248,670.28 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.3601 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.3575 | % |
| Second Prior Collection Period | | 0.3219 | % |
| Prior Collection Period | | | | | 0.2890 | % |
| Current Collection Period | | | | | 0.3671 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.3339 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 342 | | $ | 1,133,319.46 | |
| (Cumulative Recoveries) | | | | | $ | 12,065.95 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 1,121,253.51 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.1022 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 3,313.80 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 3,278.52 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.73 | % | | 133 | | $ | 5,789,889.75 | |
| 61-90 Days Delinquent | 0.07 | % | | 13 | | $ | 531,174.64 | |
| 91-120 Days Delinquent | 0.02 | % | | 4 | | $ | 133,845.25 | |
| Over 120 Days Delinquent | 0.02 | % | | 4 | | $ | 160,047.70 | |
| Total Delinquent Receivables | 0.83 | % | | 154 | | $ | 6,614,957.34 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 10 | | $ | 660,199.40 | |
| Total Repossessed Inventory | | | 17 | | $ | 1,030,364.30 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.0512 | % |
| Prior Collection Period | | | | | 0.1058 | % |
| Current Collection Period | | | | | 0.0882 | % |
| Three Month Average | | | | | 0.0817 | % |
| | | | | |
| 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 | | | | | 0.1035 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | July 2026 |
| Payment Date | 8/17/2026 |
| Transaction Month | 9 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 53 | $2,291,528.76 |
| 2 Months Extended | | | 89 | $4,154,740.21 |
| 3+ Months Extended | | | 11 | $372,988.97 |
| | | | |
| Total Receivables Extended | 153 | $6,819,257.94 |
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