Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 31 | |
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 | $ | 1,696,683,364.30 | | | 46,551 | | | 55.8 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 305,000,000.00 | | | 5.524 | % | | April 15, 2025 |
| Class A-2a Notes | $ | 150,000,000.00 | | | 5.32 | % | | January 15, 2027 |
| Class A-2b Notes | $ | 410,000,000.00 | | | 4.00850 | % | * | January 15, 2027 |
| Class A-3 Notes | $ | 560,000,000.00 | | | 5.09 | % | | December 15, 2028 |
| Class A-4 Notes | $ | 75,000,000.00 | | | 5.01 | % | | September 15, 2029 |
| Class B Notes | $ | 47,350,000.00 | | | 5.26 | % | | November 15, 2029 |
| Class C Notes | $ | 31,560,000.00 | | | 0.00 | % | | September 15, 2031 |
| Total | $ | 1,578,910,000.00 | | | | | |
| | | * 30-day average SOFR + 0.36% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 2,100,939.38 | |
| |
| Principal: | |
| Principal Collections | $ | 16,895,536.38 | |
| Prepayments in Full | $ | 8,181,121.57 | |
| Liquidation Proceeds | $ | 305,163.43 | |
| Recoveries | $ | 107,739.67 | |
| Sub Total | $ | 25,489,561.05 | |
| Collections | $ | 27,590,500.43 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 326,441.52 | |
| Purchase Amounts Related to Interest | $ | 1,568.34 | |
| Sub Total | $ | 328,009.86 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 27,918,510.29 | |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 31 | |
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 | | | $ | 27,918,510.29 | |
| Servicing Fee | $ | 397,830.29 | | | $ | 397,830.29 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 27,520,680.00 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 27,520,680.00 | |
| Interest - Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 27,520,680.00 | |
| Interest - Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 27,520,680.00 | |
| Interest - Class A-3 Notes | $ | 1,106,269.71 | | | $ | 1,106,269.71 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 26,414,410.29 | |
| Interest - Class A-4 Notes | $ | 313,125.00 | | | $ | 313,125.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 26,101,285.29 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 26,101,285.29 | |
| Interest - Class B Notes | $ | 207,550.83 | | | $ | 207,550.83 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 25,893,734.46 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 25,893,734.46 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 25,893,734.46 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 25,893,734.46 | |
| Regular Principal Payment | $ | 23,945,726.49 | | | $ | 23,945,726.49 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,948,007.97 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,948,007.97 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 1,948,007.97 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 27,918,510.29 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 23,945,726.49 | |
| Total | | | | | | | | | $ | 23,945,726.49 | |
| | | | | | | | | |
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 | $ | 23,945,726.49 | | | $ | 42.76 | | | $ | 1,106,269.71 | | | $ | 1.98 | | | $ | 25,051,996.20 | | | $ | 44.74 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 313,125.00 | | | $ | 4.18 | | | $ | 313,125.00 | | | $ | 4.18 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 207,550.83 | | | $ | 4.38 | | | $ | 207,550.83 | | | $ | 4.38 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 23,945,726.49 | | | $ | 15.17 | | | $ | 1,626,945.54 | | | $ | 1.03 | | | $ | 25,572,672.03 | | | $ | 16.20 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 31 | |
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 | $ | 260,810,148.80 | | | 0.4657324 | | $ | 236,864,422.31 | | | 0.4229722 |
| Class A-4 Notes | $ | 75,000,000.00 | | | 1.0000000 | | $ | 75,000,000.00 | | | 1.0000000 |
| Class B Notes | $ | 47,350,000.00 | | | 1.0000000 | | $ | 47,350,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,560,000.00 | | | 1.0000000 | | $ | 31,560,000.00 | | | 1.0000000 |
| Total | $ | 414,720,148.80 | | | 0.2626623 | | $ | 390,774,422.31 | | | 0.2474963 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.331 | % | | 5.358 | % |
| Weighted Average Remaining Term | 33.77 | | 33.05 |
| Number of Receivables Outstanding | 22,161 | | 21,383 |
| Pool Balance | $ | 477,396,344.41 | | | $ | 451,381,859.22 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 449,512,089.15 | | | $ | 425,176,145.38 | |
| Pool Factor | 0.2813703 | | 0.2660378 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,285.02 | |
| Yield Supplement Overcollateralization Amount | $ | 26,205,713.84 | |
| Targeted Overcollateralization Amount | $ | 60,607,436.91 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 60,607,436.91 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,285.02 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,285.02 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,285.02 | |
| |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 31 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 68 | | $ | 306,222.29 | |
| (Recoveries) | | | 78 | | $ | 107,739.67 | |
| Net Loss for Current Collection Period | | | | | $ | 198,482.62 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.4989 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.8875 | % |
| Second Prior Collection Period | | 0.4925 | % |
| Prior Collection Period | | | | | 1.0649 | % |
| Current Collection Period | | | | | 0.5129 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.7395 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 2,308 | | $ | 11,808,612.90 | |
| (Cumulative Recoveries) | | | | | $ | 1,633,390.63 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 10,175,222.27 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.5997 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,116.38 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,408.68 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 1.36 | % | | 199 | | $ | 6,130,495.21 | |
| 61-90 Days Delinquent | 0.25 | % | | 37 | | $ | 1,134,526.28 | |
| 91-120 Days Delinquent | 0.11 | % | | 14 | | $ | 481,139.84 | |
| Over 120 Days Delinquent | 0.12 | % | | 17 | | $ | 546,770.82 | |
| Total Delinquent Receivables | 1.84 | % | | 267 | | $ | 8,292,932.15 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 4 | | $ | 145,900.49 | |
| Total Repossessed Inventory | | | 21 | | $ | 818,326.64 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.2702 | % |
| Prior Collection Period | | | | | 0.2933 | % |
| Current Collection Period | | | | | 0.3180 | % |
| Three Month Average | | | | | 0.2938 | % |
| | | | | |
| 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 | | | | | 0.4791 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 31 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 77 | $2,411,206.30 | |
| 2 Months Extended | | | 87 | $2,670,794.10 | |
| 3+ Months Extended | | | 27 | $885,467.45 | |
| | | | |
| Total Receivables Extended | 191 | $5,967,467.85 | |
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