Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 43 | |
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 | $ | 1,732,167,317.56 | | | 48,752 | | | 57.8 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 300,000,000.00 | | | 5.028 | % | | April 15, 2024 |
| Class A-2a Notes | $ | 359,000,000.00 | | | 5.14 | % | | March 15, 2026 |
| Class A-2b Notes | $ | 235,000,000.00 | | | 4.36850 | % | * | March 15, 2026 |
| Class A-3 Notes | $ | 510,000,000.00 | | | 4.65 | % | | February 15, 2028 |
| Class A-4 Notes | $ | 96,000,000.00 | | | 4.56 | % | | December 15, 2028 |
| Class B Notes | $ | 47,330,000.00 | | | 5.07 | % | | January 15, 2029 |
| Class C Notes | $ | 31,610,000.00 | | | 5.51 | % | | September 15, 2030 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.72% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 1,186,303.80 | |
| |
| Principal: | |
| Principal Collections | $ | 11,160,433.37 | |
| Prepayments in Full | $ | 4,982,635.57 | |
| Liquidation Proceeds | $ | 209,029.10 | |
| Recoveries | $ | 28,481.92 | |
| Sub Total | $ | 16,380,579.96 | |
| Collections | $ | 17,566,883.76 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 263,294.28 | |
| Purchase Amounts Related to Interest | $ | 1,627.31 | |
| Sub Total | $ | 264,921.59 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 17,831,805.35 | |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 43 | |
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 | | | $ | 17,831,805.35 | |
| Servicing Fee | $ | 207,790.17 | | | $ | 207,790.17 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,624,015.18 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,624,015.18 | |
| Interest - Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,624,015.18 | |
| Interest - Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,624,015.18 | |
| Interest - Class A-3 Notes | $ | 102,011.45 | | | $ | 102,011.45 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,522,003.73 | |
| Interest - Class A-4 Notes | $ | 364,800.00 | | | $ | 364,800.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,157,203.73 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,157,203.73 | |
| Interest - Class B Notes | $ | 199,969.25 | | | $ | 199,969.25 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,957,234.48 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,957,234.48 | |
| Interest - Class C Notes | $ | 145,142.58 | | | $ | 145,142.58 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,812,091.90 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,812,091.90 | |
| Regular Principal Payment | $ | 15,609,176.48 | | | $ | 15,609,176.48 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,202,915.42 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,202,915.42 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 1,202,915.42 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 17,831,805.35 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 15,609,176.48 | |
| Total | | | | | | | | | $ | 15,609,176.48 | |
| | | | | | | | | |
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 | $ | 15,609,176.48 | | | $ | 30.61 | | | $ | 102,011.45 | | | $ | 0.20 | | | $ | 15,711,187.93 | | | $ | 30.81 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 364,800.00 | | | $ | 3.80 | | | $ | 364,800.00 | | | $ | 3.80 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 199,969.25 | | | $ | 4.23 | | | $ | 199,969.25 | | | $ | 4.23 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 145,142.58 | | | $ | 4.59 | | | $ | 145,142.58 | | | $ | 4.59 | |
| Total | $ | 15,609,176.48 | | | $ | 9.89 | | | $ | 811,923.28 | | | $ | 0.51 | | | $ | 16,421,099.76 | | | $ | 10.40 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 43 | |
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 | $ | 26,325,534.67 | | | 0.0516187 | | $ | 10,716,358.19 | | | 0.0210125 |
| Class A-4 Notes | $ | 96,000,000.00 | | | 1.0000000 | | $ | 96,000,000.00 | | | 1.0000000 |
| Class B Notes | $ | 47,330,000.00 | | | 1.0000000 | | $ | 47,330,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,610,000.00 | | | 1.0000000 | | $ | 31,610,000.00 | | | 1.0000000 |
| Total | $ | 201,265,534.67 | | | 0.1274688 | | $ | 185,656,358.19 | | | 0.1175829 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.766 | % | | 5.796 | % |
| Weighted Average Remaining Term | 26.56 | | 25.84 |
| Number of Receivables Outstanding | 15,392 | | 14,859 |
| Pool Balance | $ | 249,348,209.03 | | | $ | 232,432,336.51 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 232,844,490.52 | | | $ | 217,235,314.04 | |
| Pool Factor | 0.1439516 | | 0.1341858 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,369.48 | |
| Yield Supplement Overcollateralization Amount | $ | 15,197,022.47 | |
| Targeted Overcollateralization Amount | $ | 46,775,978.32 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 46,775,978.32 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,369.48 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,369.48 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,369.48 | |
| |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 43 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 56 | | $ | 300,480.20 | |
| (Recoveries) | | | 98 | | $ | 28,481.92 | |
| Net Loss for Current Collection Period | | | | | $ | 271,998.28 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 1.3090 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | -0.0367 | % |
| Second Prior Collection Period | | 0.7475 | % |
| Prior Collection Period | | | | | 1.1772 | % |
| Current Collection Period | | | | | 1.3550 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.8107 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 3,168 | | $ | 18,537,249.75 | |
| (Cumulative Recoveries) | | | | | $ | 3,721,248.65 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 14,816,001.10 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.8553 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,851.40 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,676.77 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 2.46 | % | | 225 | | $ | 5,723,097.13 | |
| 61-90 Days Delinquent | 0.41 | % | | 34 | | $ | 957,381.54 | |
| 91-120 Days Delinquent | 0.10 | % | | 9 | | $ | 221,820.47 | |
| Over 120 Days Delinquent | 0.36 | % | | 27 | | $ | 838,058.65 | |
| Total Delinquent Receivables | 3.33 | % | | 295 | | $ | 7,740,357.79 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 8 | | $ | 206,059.64 | |
| Total Repossessed Inventory | | | 11 | | $ | 295,639.80 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.4615 | % |
| Prior Collection Period | | | | | 0.4613 | % |
| Current Collection Period | | | | | 0.4711 | % |
| Three Month Average | | | | | 0.4646 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.50% | | | | |
| 25-36 | 2.60% | | | | |
| 37+ | 4.40% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.8679 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2023-A
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 43 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 48 | $1,043,479.02 | |
| 2 Months Extended | | | 71 | $1,649,641.49 | |
| 3+ Months Extended | | | 20 | $416,048.36 | |
| | | | |
| Total Receivables Extended | 139 | $3,109,168.87 | |
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