Ford Credit Auto Owner Trust 2026-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 1 | |
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 | $ | 1,663,640,443.99 | | | 43,572 | | 54.9 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 352,800,000.00 | | | 4.269 | % | | October 15, 2027 |
| Class A-2a Notes | $ | 386,600,000.00 | | | 4.72 | % | | July 15, 2029 |
| Class A-2b Notes | $ | 145,000,000.00 | | | 4.02764 | % | * | July 15, 2029 |
| Class A-3 Notes | $ | 531,600,000.00 | | | 5.08 | % | | April 15, 2031 |
| Class A-4 Notes | $ | 84,000,000.00 | | | 5.17 | % | | April 15, 2033 |
| Class B Notes | $ | 47,370,000.00 | | | 5.28 | % | | April 15, 2033 |
| Class C Notes | $ | 31,570,000.00 | | | 0.00 | % | | March 15, 2034 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.33% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 7,168,142.85 | |
| |
| Principal: | |
| Principal Collections | $ | 35,409,551.62 | |
| Prepayments in Full | $ | 16,951,246.82 | |
| Liquidation Proceeds | $ | 0.00 | |
| Recoveries | $ | 0.00 | |
| Sub Total | $ | 52,360,798.44 | |
| Collections | $ | 59,528,941.29 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 612,214.52 | |
| Purchase Amounts Related to Interest | $ | 1,671.16 | |
| Sub Total | $ | 613,885.68 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 60,142,826.97 | |
Ford Credit Auto Owner Trust 2026-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 1 | |
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 | | | $ | 60,142,826.97 | |
| Servicing Fee | $ | 1,386,367.04 | | | $ | 1,386,367.04 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 58,756,459.93 | |
| Interest - Class A-1 Notes | $ | 711,215.40 | | | $ | 711,215.40 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 58,045,244.53 | |
| Interest - Class A-2a Notes | $ | 861,688.44 | | | $ | 861,688.44 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 57,183,556.09 | |
| Interest - Class A-2b Notes | $ | 275,781.46 | | | $ | 275,781.46 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 56,907,774.63 | |
| Interest - Class A-3 Notes | $ | 1,275,249.33 | | | $ | 1,275,249.33 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 55,632,525.30 | |
| Interest - Class A-4 Notes | $ | 205,076.67 | | | $ | 205,076.67 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 55,427,448.63 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 55,427,448.63 | |
| Interest - Class B Notes | $ | 118,109.20 | | | $ | 118,109.20 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 55,309,339.43 | |
| Second Priority Principal Payment | $ | 18,160,617.73 | | | $ | 18,160,617.73 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,148,721.70 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,148,721.70 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,148,721.70 | |
| Regular Principal Payment | $ | 334,639,382.27 | | | $ | 37,148,721.70 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 60,142,826.97 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 18,160,617.73 | |
| Regular Principal Payment | | | | | | | | | $ | 37,148,721.70 | |
| Total | | | | | | | | | $ | 55,309,339.43 | |
| | | | | | | | | |
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 | $ | 55,309,339.43 | | | $ | 156.77 | | | $ | 711,215.40 | | | $ | 2.02 | | | $ | 56,020,554.83 | | | $ | 158.79 | |
| Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 861,688.44 | | | $ | 2.23 | | | $ | 861,688.44 | | | $ | 2.23 | |
| Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 275,781.46 | | | $ | 1.90 | | | $ | 275,781.46 | | | $ | 1.90 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,275,249.33 | | | $ | 2.40 | | | $ | 1,275,249.33 | | | $ | 2.40 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 205,076.67 | | | $ | 2.44 | | | $ | 205,076.67 | | | $ | 2.44 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 118,109.20 | | | $ | 2.49 | | | $ | 118,109.20 | | | $ | 2.49 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 55,309,339.43 | | | $ | 35.03 | | | $ | 3,447,120.50 | | | $ | 2.18 | | | $ | 58,756,459.93 | | | $ | 37.21 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2026-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 1 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 352,800,000.00 | | | 1.0000000 | | $ | 297,490,660.57 | | | 0.8432275 |
| Class A-2a Notes | $ | 386,600,000.00 | | | 1.0000000 | | $ | 386,600,000.00 | | | 1.0000000 |
| Class A-2b Notes | $ | 145,000,000.00 | | | 1.0000000 | | $ | 145,000,000.00 | | | 1.0000000 |
| Class A-3 Notes | $ | 531,600,000.00 | | | 1.0000000 | | $ | 531,600,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 84,000,000.00 | | | 1.0000000 | | $ | 84,000,000.00 | | | 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 | $ | 1,578,940,000.00 | | | 1.0000000 | | $ | 1,523,630,660.57 | | | 0.9649706 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.129 | % | | 5.136 | % |
| Weighted Average Remaining Term | 54.89 | | 54.14 |
| Number of Receivables Outstanding | 43,572 | | 42,895 |
| Pool Balance | $ | 1,663,640,443.99 | | | $ | 1,610,667,076.79 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 1,578,947,945.41 | | | $ | 1,529,209,382.27 | |
| Pool Factor | 1.0000000 | | 0.9681582 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,369.86 | |
| Yield Supplement Overcollateralization Amount | $ | 81,457,694.52 | |
| Targeted Overcollateralization Amount | $ | 113,036,653.43 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 87,036,416.22 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,369.86 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,369.86 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,369.86 | |
| |
Ford Credit Auto Owner Trust 2026-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 1 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 37 | | $ | 354.24 | |
| (Recoveries) | | | 0 | | $ | 0.00 | |
| Net Loss for Current Collection Period | | | | | $ | 354.24 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.0003 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | N/A |
| Second Prior Collection Period | | N/A |
| Prior Collection Period | | | | | N/A |
| Current Collection Period | | | | | 0.0003 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | N/A |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 37 | | $ | 354.24 | |
| (Cumulative Recoveries) | | | | | $ | 0.00 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 354.24 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.0000 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 9.57 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 9.57 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.37 | % | | 147 | | $ | 5,937,621.78 | |
| 61-90 Days Delinquent | 0.01 | % | | 3 | | $ | 160,269.96 | |
| 91-120 Days Delinquent | 0.00 | % | | 0 | | $ | 0.00 | |
| Over 120 Days Delinquent | 0.00 | % | | 0 | | $ | 0.00 | |
| Total Delinquent Receivables | 0.38 | % | | 150 | | $ | 6,097,891.74 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 2 | | $ | 69,219.96 | |
| Total Repossessed Inventory | | | 2 | | $ | 69,219.96 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | N/A |
| Prior Collection Period | | | | | N/A |
| Current Collection Period | | | | | 0.0070 | % |
| Three Month Average | | | | | N/A |
| | | | | |
| 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 | | | | | 0.0100 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2026-C
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 1 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 73 | $3,660,985.58 |
| 2 Months Extended | | | 67 | $3,230,417.42 |
| 3+ Months Extended | | | 11 | $632,208.87 |
| | | | |
| Total Receivables Extended | 151 | $7,523,611.87 |
| | | | | | | | | | | |
| IX. CREDIT RISK RETENTION INFORMATION |
| | | |
| The fair value of the Notes and the Residual Interest on the Closing Date is summarized below. |
| Fair Value | Fair Value | |
| (in millions) | (as a percentage) | |
| Class A notes | $ | 1,500.0 | | 92.0 | % | |
| Class B notes | $ | 47.4 | | 2.9 | % | |
| Class C notes | $ | 26.2 | | 1.6 | % | |
| Residual Interest | $ | 56.2 | | 3.4 | % | |
| Total | $ | 1,629.7 | | 100.0 | % | |
| | | |
| The Depositor must retain a Retained Interest with a fair value of at least 5% of the aggregate value of the Notes and Residual Interest, according to the Regulation RR. |
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 |
| |
XI. 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 |
|
SERVICER CERTIFICATION
THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.
Ford Motor Credit Company LLC
/s/ Ryan M. Hershberger
Assistant Treasurer