Exhibit 99.1

 

World Omni Auto Receivables Trust 2023-D

Monthly Servicer Certificate

August 31, 2026

 

Dates Covered            
Collections Period   08/01/26 - 08/31/26           
Interest Accrual Period   08/17/26 - 09/14/26           
30/360 Days   30           
Actual/360 Days   29           
Distribution Date   09/15/26           
                
Collateral Pool Balance Data  $ Amount   # of Accounts      
Pool Balance at 07/31/26   237,026,316.21    14,833      
Yield Supplement Overcollateralization Amount 07/31/26   14,329,430.63    0      
Receivables Balance 07/31/26   251,355,746.84    14,833      
Principal Payments   12,532,614.64    439      
Defaulted Receivables   372,942.92    21      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 08/31/26   13,251,600.86    0      
Pool Balance at 08/31/26   225,198,588.42    14,373      
                
Pool Statistics  $ Amount   # of Accounts      
Pool Factor   21.30%          
Prepayment ABS Speed   1.22%          
Aggregate Starting Principal Balance   1,119,368,245.46    42,446      
                
Delinquent Receivables:               
Past Due 31-60 days   4,983,750.40    209      
Past Due 61-90 days   2,012,836.75    83      
Past Due 91-120 days   171,797.99    9      
Past Due 121+ days   0.00    0      
 Total   7,168,385.14    301      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   3.01%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.92%          
Delinquency Trigger Occurred   NO           
                
Recoveries   304,606.84           
Aggregate Net Losses/(Gains) - August 2026   68,336.08           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):               
Current Net Losses/(Gains) Ratio   0.33%          
Prior Net Losses/(Gains) Ratio   0.50%          
Second Prior Net Losses/(Gains) Ratio   0.57%          
Third Prior Net Losses/(Gains) Ratio   0.18%          
Four Month Average   0.40%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.80%          
                
Overcollateralization Target Amount   5,009,268.48           
Actual Overcollateralization   5,009,268.48           
Weighted Average Contract Rate   6.51%          
Weighted Average Contract Rate, Yield Adjusted   10.97%          
Weighted Average Remaining Term   32.74           
                
Flow of Funds  $ Amount           
Collections   14,193,131.49           
Investment Earnings on Cash Accounts   8,943.24           
Servicing Fee   (209,463.12)          
Transfer to Collection Account   -           
Available Funds   13,992,611.61           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   905,049.26           
    (3)  Noteholders' First Priority Principal Distributable Amount   -           
    (4)  Class B Interest   153,556.50           
    (5)  Noteholders' Second Priority Principal Distributable Amount   -           
    (6)  Class C Interest   78,479.50           
    (7)  Noteholders' Third Priority Principal Distributable Amount   6,818,459.31           
    (8)  Required Reserve Account   -           
    (9)  Noteholders' Principal Distributable Amount   5,009,268.48           
   (10)  Asset Representation Reviewer Amounts (in excess of 1)   -           
   (11)  Distribution to Certificateholders   1,027,798.56           
                
Total Distributions of Available Funds   13,992,611.61           
                
Servicing Fee   209,463.12           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors  $ Amount           
Original Class A   954,260,000.00           
Original Class B   30,060,000.00           
Original Class C   15,020,000.00           
                
Total Class A, B, & C               
Note Balance @ 08/17/26   232,017,047.73           
Principal Paid   11,827,727.79           
Note Balance @ 09/15/26   220,189,319.94           
                
Class A-1               
Note Balance @ 08/17/26   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   0.00           
Note Factor @ 09/15/26   0.0000000%          
                
Class A-2a               
Note Balance @ 08/17/26   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   0.00           
Note Factor @ 09/15/26   0.0000000%          
                
Class A-2b               
Note Balance @ 08/17/26   0.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   0.00           
Note Factor @ 09/15/26   0.0000000%          
                
Class A-3               
Note Balance @ 08/17/26   125,377,047.73           
Principal Paid   11,827,727.79           
Note Balance @ 09/15/26   113,549,319.94           
Note Factor @ 09/15/26   35.7298049%          
                
Class A-4               
Note Balance @ 08/17/26   61,560,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   61,560,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class B               
Note Balance @ 08/17/26   30,060,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   30,060,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class C               
Note Balance @ 08/17/26   15,020,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   15,020,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Interest & Principal Payments  $ Amount           
Total Interest Paid   1,137,085.26           
Total Principal Paid   11,827,727.79           
Total Paid   12,964,813.05           
                
Class A-1               
Coupon   5.66800%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-1 Holders   0.00           
                
Class A-2a               
Coupon   5.91000%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2a Holders   0.00           
                
Class A-2b               
SOFR Rate   3.63650%          
Coupon   4.21650%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2b Holders   0.00           
                
Class A-3               
Coupon   5.79000%          
Interest Paid   604,944.26           
Principal Paid   11,827,727.79           
Total Paid to A-3 Holders   12,432,672.05           
                
Class A-4               
Coupon   5.85000%          
Interest Paid   300,105.00           
Principal Paid   0.00           
Total Paid to A-4 Holders   300,105.00           
                
Class B               
Coupon   6.13000%          
Interest Paid   153,556.50           
Principal Paid   0.00           
Total Paid to B Holders   153,556.50           
Class C               
Coupon   6.27000%          
Interest Paid   78,479.50           
Principal Paid   0.00           
Total Paid to C Holders   78,479.50           

 

 

 

 

Distribution per $1,000 of Notes  Total            
Total Interest Distribution Amount   1.1378362           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   11.8355392           
Total Distribution Amount   12.9733754           
                
A-1 Interest Distribution Amount   0.0000000           
A-1 Interest Carryover Shortfall   0.0000000           
A-1 Principal Distribution Amount   0.0000000           
Total A-1 Distribution Amount   0.0000000           
                
A-2a Interest Distribution Amount   0.0000000           
A-2a Interest Carryover Shortfall   0.0000000           
A-2a Principal Distribution Amount   0.0000000           
Total A-2a Distribution Amount   0.0000000           
                
A-2b Interest Distribution Amount   0.0000000           
A-2b Interest Carryover Shortfall   0.0000000           
A-2b Principal Distribution Amount   0.0000000           
Total A-2b Distribution Amount   0.0000000           
                
A-3 Interest Distribution Amount   1.9035376           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   37.2175198           
Total A-3 Distribution Amount   39.1210574           
                
A-4 Interest Distribution Amount   4.8750000           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   0.0000000           
Total A-4 Distribution Amount   4.8750000           
                
B Interest Distribution Amount   5.1083333           
B Interest Carryover Shortfall   0.0000000           
B Principal Distribution Amount   0.0000000           
Total B Distribution Amount   5.1083333           
                
C Interest Distribution Amount   5.2250000           
C Interest Carryover Shortfall   0.0000000           
C Principal Distribution Amount   0.0000000           
Total C Distribution Amount   5.2250000           
                
Noteholders' First Priority Principal Distributable Amount   0.00           
Noteholders' Second Priority Principal Distributable Amount   0.00           
Noteholders' Third Priority Principal Distributable Amount   576.48           
Noteholders' Principal Distributable Amount   423.52           
                
Account Balances  $ Amount           
Reserve Account               
Balance as of 08/17/26   2,504,634.24           
Investment Earnings   7,444.62           
Investment Earnings Paid   (7,444.62)          
Deposit/(Withdrawal)   -           
Balance as of 09/15/26   2,504,634.24           
Change   -           
                
Required Reserve Amount   2,504,634.24           
                
Other Servicing Information  Current Month   Prior Month   Two Months Prior 
Principal Balance of Receivables extended during the Collection Period  $1,563,180.21    2,116,899.22    1,791,346.10 
Number of Extensions   73    89    80 
Ratio of extensions to Beginning of Period Receivables Balance   0.62%   0.80%   0.64%