Exhibit 99.1
Servicer’s Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
| Class | Initial Principal Balance |
Final Payment Date |
Beginning Balance |
Beginning Factor |
First Distribution |
Second Distribution |
Regular Amount |
Ending Balance |
Ending 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 | $350,221,740.70 | 0.5648738 | $0.00 | $13,913,875.53 | $14,875,090.29 | $321,432,774.88 | 0.5184400 | |||||||||||||||||||||||||||
| 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 | $485,221,740.70 | $0.00 | $13,913,875.53 | $14,875,090.29 | $456,432,774.88 | 0.2608187 | |||||||||||||||||||||||||||||
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| Class | Interest Rate |
Interest Amount |
Prior Carryover |
Interest Distribution |
Current 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 | 3.98650% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-3 | 5.33000% | $1,555,568.23 | $0.00 | $1,555,568.23 | $0.00 | $30,344,534.05 | ||||||||||||||||||||
| 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 | $1,957,112.23 | $0.00 | $1,957,112.23 | $0.00 | $30,746,078.05 | |||||||||||||||||||||
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Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
| Initial Deposit Amount |
$4,375,026.56 | Beginning Period Amount |
$18,432,609.82 | |||||||
| Specified Reserve Account Amount |
$4,375,026.56 | Increase/(Decrease) |
$(1,588,236.47 | ) | ||||||
| Beginning Balance |
$4,375,026.56 | Ending Period Amount |
$16,844,373.35 | |||||||
| Withdrawals |
$0.00 | |||||||||
| Amount Available for Deposit |
$16,565,213.47 | Overcollateralization | ||||||||
| Amount Deposited to the Reserve Account |
$0.00 | |||||||||
| Reserve Account Balance Prior to Release |
$4,375,026.56 | Adjusted Pool Balance |
$471,307,865.17 | |||||||
| Reserve Account Required Amount |
$4,375,026.56 | Total Note Balance |
$456,432,774.88 | |||||||
| 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 August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
| Number of Liquidated Receivables |
23 | 758 | 735 | 712 | 690 | |||||||||||||||
| Gross Principal of Liquidated Receivables |
$428,340.38 | $19,788,967.40 | $19,360,627.02 | $18,792,744.26 | $18,366,309.87 | |||||||||||||||
| 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 |
$(26,788.13 | ) | $(2,552,194.42 | ) | $(2,525,406.29 | ) | $(2,470,875.50 | ) | $(2,409,928.46 | ) | ||||||||||
| Recoveries on Previously Liquidated Contracts |
$(272,679.01 | ) | $(9,200,411.66 | ) | $(8,927,732.65 | ) | $(8,819,086.37 | ) | $(8,576,551.77 | ) | ||||||||||
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| Net Credit Losses |
$128,873.24 | $7,964,493.78 | $7,835,620.54 | $7,430,914.85 | $7,307,962.10 | |||||||||||||||
| Charge-off Rate (Number of Liquidated Receivables /
Initial |
1.07894% | 1.04620% | 1.01347% | 0.98215% | ||||||||||||||||
| Number of Accounts with Liquidation Proceeds or Recoveries |
726 | 701 | 681 | 655 | ||||||||||||||||
| Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.73735% | 0.71197% | 0.66268% | 0.63966% | ||||||||||||||||
| Number of Assets Experiencing a Net Loss |
646 | 627 | 605 | 586 | ||||||||||||||||
| Net Credit Losses for Assets Experiencing a Loss |
$7,997,076.21 | $7,867,708.83 | $7,462,994.52 | $7,339,282.91 | ||||||||||||||||
| Average Net Loss on all assets that have Experienced a Net Loss |
$12,379.37 | $12,548.18 | $12,335.53 | $12,524.37 | ||||||||||||||||
| Cumulative Net Loss Ratio |
0.42449% | 0.41762% | 0.39605% | 0.38950% | ||||||||||||||||
| Repossessed in Current Period |
8 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
| Receivables Pool Balance |
$1,876,256,589.10 | $518,529,440.81 | $488,152,238.52 | |||||||||||||
| Number of Contracts |
70,254 | 36,428 | 35,276 | |||||||||||||
| Weighted Average APR |
5.70% | 5.95% | 5.97% | |||||||||||||
| Weighted Average Remaining Term (Months) |
54.56 | 29.26 | 28.45 | |||||||||||||
Page 2 of 5
Servicer’s Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
Collections
| Principal Payments Received |
$20,904,062.93 | |||
| Prepayments in Full |
$9,044,798.98 | |||
| Interest Payments Received |
$2,619,980.05 | |||
| Aggregate Net Liquidation Proceeds |
$299,467.14 | |||
| Interest on Repurchased Contracts |
$0.00 | |||
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| Total Collections |
$32,868,309.10 | |||
| 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 |
$32,868,309.10 |
Distributions
| Calculated Amount |
Amount Paid |
Shortfall | ||||||||
| Servicing Fee |
$432,107.87 | $432,107.87 | $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 |
$1,555,568.23 | $1,555,568.23 | $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 |
$13,913,875.53 | $13,913,875.53 | $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 |
$1,690,123.18 | $1,690,123.18 | N/A | |||||||
Page 3 of 5
Servicer’s Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2024-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
29 | Actual/360 Days |
29 |
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 |
$1,555,568.23 | $2.51 | $28,788,965.82 | $46.43 | $30,344,534.05 | $48.94 | ||||||||||||||||||||||||||||
| 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 |
0.91% | 322 | 1.35% | $6,582,565.24 | ||||||||||||
| 60-89 Days Delinquent |
0.36% | 128 | 0.55% | $2,695,888.29 | ||||||||||||
| 90-119 Days Delinquent |
0.10% | 36 | 0.13% | $646,427.93 | ||||||||||||
| 120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
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| Total Delinquencies |
1.37% | 486 | 2.03% | $9,924,881.46 | ||||||||||||
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| Total Delinquencies - Prior Period |
1.41% | 2.01% | ||||||||||||||
| Total Delinquencies - Two Months Prior |
1.29% | 1.89% | ||||||||||||||
| Total Delinquencies - Three Months Prior |
1.27% | 1.86% | ||||||||||||||
| Receivables Pool Balance |
$488,152,238.52 | |||||||||||||||
| 60-Day Delinquency Percentage |
0.68% | |||||||||||||||
| Delinquency Trigger Percentage |
4.95% | |||||||||||||||
| Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
| Repossessed Vehicle Inventory* |
9 vehicles | |||||||
| * Included with Delinquencies Above |
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Page 4 of 5
Servicer’s Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 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