Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 25 | |
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 | | | 4.04850 | % | * | 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 | $ | 2,776,061.98 | |
| |
| Principal: | |
| Principal Collections | $ | 20,426,531.17 | |
| Prepayments in Full | $ | 10,133,839.32 | |
| Liquidation Proceeds | $ | 350,358.01 | |
| Recoveries | $ | 81,031.60 | |
| Sub Total | $ | 30,991,760.10 | |
| Collections | $ | 33,767,822.08 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 259,233.28 | |
| Purchase Amounts Related to Interest | $ | 809.87 | |
| Sub Total | $ | 260,043.15 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 34,027,865.23 | |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 25 | |
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 | | | $ | 34,027,865.23 | |
| Servicing Fee | $ | 567,167.04 | | | $ | 567,167.04 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,460,698.19 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,460,698.19 | |
| Interest - Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,460,698.19 | |
| Interest - Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,460,698.19 | |
| Interest - Class A-3 Notes | $ | 1,544,582.15 | | | $ | 1,544,582.15 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,916,116.04 | |
| Interest - Class A-4 Notes | $ | 274,000.00 | | | $ | 274,000.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,642,116.04 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,642,116.04 | |
| Interest - Class B Notes | $ | 173,690.00 | | | $ | 173,690.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,468,426.04 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,468,426.04 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,468,426.04 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 31,468,426.04 | |
| Regular Principal Payment | $ | 29,706,120.34 | | | $ | 29,706,120.34 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,762,305.70 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,762,305.70 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 1,762,305.70 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 34,027,865.23 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 29,706,120.34 | |
| Total | | | | | | | | | $ | 29,706,120.34 | |
| | | | | | | | | |
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 | $ | 29,706,120.34 | | | $ | 54.51 | | | $ | 1,544,582.15 | | | $ | 2.83 | | | $ | 31,250,702.49 | | | $ | 57.34 | |
| 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 | $ | 29,706,120.34 | | | $ | 18.81 | | | $ | 1,992,272.15 | | | $ | 1.26 | | | $ | 31,698,392.49 | | | $ | 20.07 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 25 | |
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 | $ | 455,405,056.76 | | | 0.8356056 | | $ | 425,698,936.42 | | | 0.7810990 |
| 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 | $ | 614,345,056.76 | | | 0.3890870 | | $ | 584,638,936.42 | | | 0.3702731 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 4.923 | % | | 4.931 | % |
| Weighted Average Remaining Term | 38.40 | | 37.64 |
| Number of Receivables Outstanding | 26,041 | | 25,385 |
| Pool Balance | $ | 680,600,453.30 | | | $ | 649,101,195.53 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 645,924,014.06 | | | $ | 616,217,893.72 | |
| Pool Factor | 0.4030095 | | 0.3843575 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,369.66 | |
| Yield Supplement Overcollateralization Amount | $ | 32,883,301.81 | |
| Targeted Overcollateralization Amount | $ | 64,462,259.11 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 64,462,259.11 | |
| |
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 | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 25 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 60 | | $ | 329,295.99 | |
| (Recoveries) | | | 60 | | $ | 81,031.60 | |
| Net Loss for Current Collection Period | | | | | $ | 248,264.39 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.4377 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.3980 | % |
| Second Prior Collection Period | | 0.9882 | % |
| Prior Collection Period | | | | | 0.5290 | % |
| Current Collection Period | | | | | 0.4481 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.5908 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 1,705 | | $ | 10,396,188.34 | |
| (Cumulative Recoveries) | | | | | $ | 1,420,455.89 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 8,975,732.45 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.5315 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 6,097.47 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,264.36 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 1.48 | % | | 261 | | $ | 9,589,664.96 | |
| 61-90 Days Delinquent | 0.18 | % | | 32 | | $ | 1,142,014.23 | |
| 91-120 Days Delinquent | 0.03 | % | | 8 | | $ | 219,388.92 | |
| Over 120 Days Delinquent | 0.09 | % | | 20 | | $ | 605,726.16 | |
| Total Delinquent Receivables | 1.78 | % | | 321 | | $ | 11,556,794.27 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 21 | | $ | 836,825.15 | |
| Total Repossessed Inventory | | | 39 | | $ | 1,577,857.46 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.2020 | % |
| Prior Collection Period | | | | | 0.2227 | % |
| Current Collection Period | | | | | 0.2364 | % |
| Three Month Average | | | | | 0.2204 | % |
| | | | | |
| 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 | | | | | 0.3031 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 25 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 75 | $2,785,078.83 | |
| 2 Months Extended | | | 104 | $3,627,785.58 | |
| 3+ Months Extended | | | 30 | $1,154,287.03 | |
| | | | |
| Total Receivables Extended | 209 | $7,567,151.44 | |
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