Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 24 | |
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 | | | 4.03650 | % | * | 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 | $ | 2,894,983.22 | |
| |
| Principal: | |
| Principal Collections | $ | 20,490,231.35 | |
| Prepayments in Full | $ | 11,354,837.72 | |
| Liquidation Proceeds | $ | 316,782.64 | |
| Recoveries | $ | 46,854.01 | |
| Sub Total | $ | 32,208,705.72 | |
| Collections | $ | 35,103,688.94 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 221,930.66 | |
| Purchase Amounts Related to Interest | $ | 1,111.03 | |
| Sub Total | $ | 223,041.69 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 35,326,730.63 | |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 24 | |
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 | | | $ | 35,326,730.63 | |
| Servicing Fee | $ | 594,448.61 | | | $ | 594,448.61 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 34,732,282.02 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 34,732,282.02 | |
| Interest - Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 34,732,282.02 | |
| Interest - Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 34,732,282.02 | |
| Interest - Class A-3 Notes | $ | 1,649,331.06 | | | $ | 1,649,331.06 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,082,950.96 | |
| Interest - Class A-4 Notes | $ | 274,000.00 | | | $ | 274,000.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,808,950.96 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,808,950.96 | |
| Interest - Class B Notes | $ | 173,690.00 | | | $ | 173,690.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,635,260.96 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,635,260.96 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,635,260.96 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,635,260.96 | |
| Regular Principal Payment | $ | 30,884,199.43 | | | $ | 30,884,199.43 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,751,061.53 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,751,061.53 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 1,751,061.53 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 35,326,730.63 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 30,884,199.43 | |
| Total | | | | | | | | | $ | 30,884,199.43 | |
| | | | | | | | | |
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 | $ | 30,884,199.43 | | | $ | 56.67 | | | $ | 1,649,331.06 | | | $ | 3.03 | | | $ | 32,533,530.49 | | | $ | 59.70 | |
| 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 | $ | 30,884,199.43 | | | $ | 19.56 | | | $ | 2,097,021.06 | | | $ | 1.33 | | | $ | 32,981,220.49 | | | $ | 20.89 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 24 | |
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 | $ | 486,289,256.19 | | | 0.8922739 | | $ | 455,405,056.76 | | | 0.8356056 |
| 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 | $ | 645,229,256.19 | | | 0.4086471 | | $ | 614,345,056.76 | | | 0.3890870 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 4.909 | % | | 4.923 | % |
| Weighted Average Remaining Term | 39.16 | | 38.40 |
| Number of Receivables Outstanding | 26,734 | | 26,041 |
| Pool Balance | $ | 713,338,334.31 | | | $ | 680,600,453.30 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 676,808,213.49 | | | $ | 645,924,014.06 | |
| Pool Factor | 0.4223948 | | 0.4030095 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,369.66 | |
| Yield Supplement Overcollateralization Amount | $ | 34,676,439.24 | |
| Targeted Overcollateralization Amount | $ | 66,255,396.54 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 66,255,396.54 | |
| |
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 | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 24 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 66 | | $ | 354,098.64 | |
| (Recoveries) | | | 45 | | $ | 46,854.01 | |
| Net Loss for Current Collection Period | | | | | $ | 307,244.63 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.5169 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.2251 | % |
| Second Prior Collection Period | | 0.3980 | % |
| Prior Collection Period | | | | | 0.9882 | % |
| Current Collection Period | | | | | 0.5290 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.5351 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 1,645 | | $ | 10,066,892.35 | |
| (Cumulative Recoveries) | | | | | $ | 1,339,424.29 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 8,727,468.06 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.5168 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 6,119.69 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,305.45 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 1.33 | % | | 243 | | $ | 9,024,424.70 | |
| 61-90 Days Delinquent | 0.17 | % | | 34 | | $ | 1,146,583.10 | |
| 91-120 Days Delinquent | 0.04 | % | | 9 | | $ | 306,007.72 | |
| Over 120 Days Delinquent | 0.07 | % | | 15 | | $ | 443,718.05 | |
| Total Delinquent Receivables | 1.60 | % | | 301 | | $ | 10,920,733.57 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 14 | | $ | 449,383.08 | |
| Total Repossessed Inventory | | | 33 | | $ | 1,324,622.19 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.1596 | % |
| Prior Collection Period | | | | | 0.2020 | % |
| Current Collection Period | | | | | 0.2227 | % |
| Three Month Average | | | | | 0.1948 | % |
| | | | | |
| 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 | | | | | 0.2786 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 24 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 77 | $3,018,802.73 | |
| 2 Months Extended | | | 113 | $4,300,928.18 | |
| 3+ Months Extended | | | 33 | $1,323,415.46 | |
| | | | |
| Total Receivables Extended | 223 | $8,643,146.37 | |
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