Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 42 | |
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 | $ | 1,732,167,317.56 | | | 48,752 | | | 57.8 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 300,000,000.00 | | | 5.028 | % | | April 15, 2024 |
| Class A-2a Notes | $ | 359,000,000.00 | | | 5.14 | % | | March 15, 2026 |
| Class A-2b Notes | $ | 235,000,000.00 | | | 4.35650 | % | * | March 15, 2026 |
| Class A-3 Notes | $ | 510,000,000.00 | | | 4.65 | % | | February 15, 2028 |
| Class A-4 Notes | $ | 96,000,000.00 | | | 4.56 | % | | December 15, 2028 |
| Class B Notes | $ | 47,330,000.00 | | | 5.07 | % | | January 15, 2029 |
| Class C Notes | $ | 31,610,000.00 | | | 5.51 | % | | September 15, 2030 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.72% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 1,273,320.43 | |
| |
| Principal: | |
| Principal Collections | $ | 11,483,764.82 | |
| Prepayments in Full | $ | 5,097,941.94 | |
| Liquidation Proceeds | $ | 213,352.87 | |
| Recoveries | $ | 119,955.09 | |
| Sub Total | $ | 16,915,014.72 | |
| Collections | $ | 18,188,335.15 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 239,006.29 | |
| Purchase Amounts Related to Interest | $ | 1,269.49 | |
| Sub Total | $ | 240,275.78 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 18,428,610.93 | |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 42 | |
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 | | | $ | 18,428,610.93 | |
| Servicing Fee | $ | 222,296.14 | | | $ | 222,296.14 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 18,206,314.79 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 18,206,314.79 | |
| Interest - Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 18,206,314.79 | |
| Interest - Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 18,206,314.79 | |
| Interest - Class A-3 Notes | $ | 163,920.36 | | | $ | 163,920.36 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 18,042,394.43 | |
| Interest - Class A-4 Notes | $ | 364,800.00 | | | $ | 364,800.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,677,594.43 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,677,594.43 | |
| Interest - Class B Notes | $ | 199,969.25 | | | $ | 199,969.25 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,477,625.18 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,477,625.18 | |
| Interest - Class C Notes | $ | 145,142.58 | | | $ | 145,142.58 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,332,482.60 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,332,482.60 | |
| Regular Principal Payment | $ | 15,976,494.29 | | | $ | 15,976,494.29 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,355,988.31 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,355,988.31 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 1,355,988.31 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 18,428,610.93 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 15,976,494.29 | |
| Total | | | | | | | | | $ | 15,976,494.29 | |
| | | | | | | | | |
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 | $ | 15,976,494.29 | | | $ | 31.33 | | | $ | 163,920.36 | | | $ | 0.32 | | | $ | 16,140,414.65 | | | $ | 31.65 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 364,800.00 | | | $ | 3.80 | | | $ | 364,800.00 | | | $ | 3.80 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 199,969.25 | | | $ | 4.23 | | | $ | 199,969.25 | | | $ | 4.23 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 145,142.58 | | | $ | 4.59 | | | $ | 145,142.58 | | | $ | 4.59 | |
| Total | $ | 15,976,494.29 | | | $ | 10.12 | | | $ | 873,832.19 | | | $ | 0.55 | | | $ | 16,850,326.48 | | | $ | 10.67 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 42 | |
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 | $ | 42,302,028.96 | | | 0.0829452 | | $ | 26,325,534.67 | | | 0.0516187 |
| Class A-4 Notes | $ | 96,000,000.00 | | | 1.0000000 | | $ | 96,000,000.00 | | | 1.0000000 |
| Class B Notes | $ | 47,330,000.00 | | | 1.0000000 | | $ | 47,330,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,610,000.00 | | | 1.0000000 | | $ | 31,610,000.00 | | | 1.0000000 |
| Total | $ | 217,242,028.96 | | | 0.1375873 | | $ | 201,265,534.67 | | | 0.1274688 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.734 | % | | 5.766 | % |
| Weighted Average Remaining Term | 27.27 | | 26.56 |
| Number of Receivables Outstanding | 16,036 | | 15,392 |
| Pool Balance | $ | 266,755,368.68 | | | $ | 249,348,209.03 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 248,874,945.86 | | | $ | 232,844,490.52 | |
| Pool Factor | 0.1540009 | | 0.1439516 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,369.48 | |
| Yield Supplement Overcollateralization Amount | $ | 16,503,718.51 | |
| Targeted Overcollateralization Amount | $ | 48,082,674.36 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 48,082,674.36 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,369.48 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,369.48 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,369.48 | |
| |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 42 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 54 | | $ | 373,093.73 | |
| (Recoveries) | | | 102 | | $ | 119,955.09 | |
| Net Loss for Current Collection Period | | | | | $ | 253,138.64 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 1.1387 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.6804 | % |
| Second Prior Collection Period | | -0.0367 | % |
| Prior Collection Period | | | | | 0.7475 | % |
| Current Collection Period | | | | | 1.1772 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.6421 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 3,112 | | $ | 18,236,769.55 | |
| (Cumulative Recoveries) | | | | | $ | 3,692,766.73 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 14,544,002.82 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.8396 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,860.14 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,673.52 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 2.42 | % | | 241 | | $ | 6,029,405.58 | |
| 61-90 Days Delinquent | 0.35 | % | | 37 | | $ | 865,850.02 | |
| 91-120 Days Delinquent | 0.09 | % | | 10 | | $ | 215,430.20 | |
| Over 120 Days Delinquent | 0.31 | % | | 24 | | $ | 785,263.67 | |
| Total Delinquent Receivables | 3.17 | % | | 312 | | $ | 7,895,949.47 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 11 | | $ | 170,129.07 | |
| Total Repossessed Inventory | | | 19 | | $ | 484,435.86 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.4497 | % |
| Prior Collection Period | | | | | 0.4615 | % |
| Current Collection Period | | | | | 0.4613 | % |
| Three Month Average | | | | | 0.4575 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.50% | | | | |
| 25-36 | 2.60% | | | | |
| 37+ | 4.40% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.7486 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 42 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 57 | $1,293,088.78 | |
| 2 Months Extended | | | 71 | $1,872,777.05 | |
| 3+ Months Extended | | | 22 | $465,202.93 | |
| | | | |
| Total Receivables Extended | 150 | $3,631,068.76 | |
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