Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 18 | |
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 | $ | 1,668,378,947.84 | | | 45,722 | | 54.3 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 315,000,000.00 | | | 4.421 | % | | April 15, 2026 |
| Class A-2a Notes | $ | 326,000,000.00 | | | 4.47 | % | | December 15, 2027 |
| Class A-2b Notes | $ | 250,000,000.00 | | | 4.04650 | % | * | December 15, 2027 |
| Class A-3 Notes | $ | 513,600,000.00 | | | 4.45 | % | | October 15, 2029 |
| Class A-4 Notes | $ | 95,400,000.00 | | | 4.52 | % | | February 15, 2031 |
| Class B Notes | $ | 47,370,000.00 | | | 4.89 | % | | February 15, 2031 |
| Class C Notes | $ | 31,570,000.00 | | | 0.00 | % | | September 15, 2032 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.41% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 3,633,499.37 | |
| |
| Principal: | |
| Principal Collections | $ | 24,175,127.16 | |
| Prepayments in Full | $ | 12,611,368.06 | |
| Liquidation Proceeds | $ | 806,486.35 | |
| Recoveries | $ | 138,846.49 | |
| Sub Total | $ | 37,731,828.06 | |
| Collections | $ | 41,365,327.43 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 157,957.50 | |
| Purchase Amounts Related to Interest | $ | 689.20 | |
| Sub Total | $ | 158,646.70 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 41,523,974.13 | |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 18 | |
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 | | | $ | 41,523,974.13 | |
| Servicing Fee | $ | 730,033.89 | | | $ | 730,033.89 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 40,793,940.24 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 40,793,940.24 | |
| Interest - Class A-2a Notes | $ | 239,356.16 | | | $ | 239,356.16 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 40,554,584.08 | |
| Interest - Class A-2b Notes | $ | 160,625.97 | | | $ | 160,625.97 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 40,393,958.11 | |
| Interest - Class A-3 Notes | $ | 1,904,600.00 | | | $ | 1,904,600.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 38,489,358.11 | |
| Interest - Class A-4 Notes | $ | 359,340.00 | | | $ | 359,340.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 38,130,018.11 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 38,130,018.11 | |
| Interest - Class B Notes | $ | 193,032.75 | | | $ | 193,032.75 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,936,985.36 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,936,985.36 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,936,985.36 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,936,985.36 | |
| Regular Principal Payment | $ | 36,371,027.23 | | | $ | 36,371,027.23 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,565,958.13 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,565,958.13 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 1,565,958.13 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 41,523,974.13 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 36,371,027.23 | |
| Total | | | | | | | | | $ | 36,371,027.23 | |
| | | | | | | | | |
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 | $ | 20,584,991.10 | | | $ | 63.14 | | | $ | 239,356.16 | | | $ | 0.73 | | | $ | 20,824,347.26 | | | $ | 63.87 | |
| Class A-2b Notes | $ | 15,786,036.13 | | | $ | 63.14 | | | $ | 160,625.97 | | | $ | 0.64 | | | $ | 15,946,662.10 | | | $ | 63.78 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,904,600.00 | | | $ | 3.71 | | | $ | 1,904,600.00 | | | $ | 3.71 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 359,340.00 | | | $ | 3.77 | | | $ | 359,340.00 | | | $ | 3.77 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 193,032.75 | | | $ | 4.08 | | | $ | 193,032.75 | | | $ | 4.08 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 36,371,027.23 | | | $ | 23.04 | | | $ | 2,856,954.88 | | | $ | 1.81 | | | $ | 39,227,982.11 | | | $ | 24.85 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 18 | |
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 | $ | 64,256,685.96 | | | 0.1971064 | | $ | 43,671,694.86 | | | 0.1339623 |
| Class A-2b Notes | $ | 49,276,599.67 | | | 0.1971064 | | $ | 33,490,563.54 | | | 0.1339623 |
| Class A-3 Notes | $ | 513,600,000.00 | | | 1.0000000 | | $ | 513,600,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 95,400,000.00 | | | 1.0000000 | | $ | 95,400,000.00 | | | 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 | $ | 801,473,285.63 | | | 0.5076021 | | $ | 765,102,258.40 | | | 0.4845670 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 4.992 | % | | 5.003 | % |
| Weighted Average Remaining Term | 41.86 | | 41.11 |
| Number of Receivables Outstanding | 30,523 | | 29,603 |
| Pool Balance | $ | 876,040,670.35 | | | $ | 837,584,904.33 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 833,052,251.43 | | | $ | 796,681,224.20 | |
| Pool Factor | 0.5250849 | | 0.5020352 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,370.73 | |
| Yield Supplement Overcollateralization Amount | $ | 40,903,680.13 | |
| Targeted Overcollateralization Amount | $ | 72,482,645.93 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 72,482,645.93 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,370.73 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,370.73 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,370.73 | |
| |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 18 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 76 | | $ | 704,826.95 | |
| (Recoveries) | | | 36 | | $ | 138,846.49 | |
| Net Loss for Current Collection Period | | | | | $ | 565,980.46 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.7753 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.8037 | % |
| Second Prior Collection Period | | 0.6794 | % |
| Prior Collection Period | | | | | 0.6664 | % |
| Current Collection Period | | | | | 0.7927 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.7355 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 1,315 | | $ | 7,206,206.18 | |
| (Cumulative Recoveries) | | | | | $ | 680,589.29 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 6,525,616.89 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.3911 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,480.00 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,962.45 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.90 | % | | 197 | | $ | 7,558,081.31 | |
| 61-90 Days Delinquent | 0.21 | % | | 41 | | $ | 1,736,936.45 | |
| 91-120 Days Delinquent | 0.05 | % | | 10 | | $ | 440,656.55 | |
| Over 120 Days Delinquent | 0.05 | % | | 10 | | $ | 417,989.91 | |
| Total Delinquent Receivables | 1.21 | % | | 258 | | $ | 10,153,664.22 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 12 | | $ | 496,092.77 | |
| Total Repossessed Inventory | | | 33 | | $ | 1,386,191.11 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.1904 | % |
| Prior Collection Period | | | | | 0.1835 | % |
| Current Collection Period | | | | | 0.2061 | % |
| Three Month Average | | | | | 0.1933 | % |
| | | | | |
| 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 | | | | | 0.3099 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2025-A
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 18 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 78 | $3,098,767.00 | |
| 2 Months Extended | | | 120 | $4,883,935.64 | |
| 3+ Months Extended | | | 21 | $857,453.82 | |
| | | | |
| Total Receivables Extended | 219 | $8,840,156.46 | |
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