Exhibit 99.1
Servicer’s Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2026-C Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
| Class | Initial Principal Balance |
Final Payment Date |
Beginning Balance |
Beginning Factor |
First Distribution |
Second Distribution |
Regular Principal Amount |
Ending Principal Balance |
Ending Factor |
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| A-1 | $440,000,000.00 | 10/15/27 | $244,358,840.28 | 0.5553610 | $0.00 | $41,419,253.17 | $16,150,000.01 | $186,789,587.10 | 0.4245218 | |||||||||||||||||||||||||||
| A-2a | $528,000,000.00 | 5/15/29 | $528,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $528,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-2b | $131,000,000.00 | 5/15/29 | $131,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $131,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-3 | $659,000,000.00 | 3/17/31 | $659,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $659,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-4 | $94,500,000.00 | 1/15/32 | $94,500,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $94,500,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $47,500,000.00 | 2/15/33 | $47,500,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $47,500,000.00 | 1.0000000 | |||||||||||||||||||||||||||
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| Total | $1,900,000,000.00 | $1,704,358,840.28 | $0.00 | $41,419,253.17 | $16,150,000.01 | $1,646,789,587.10 | 0.8667314 | |||||||||||||||||||||||||||||
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| Class | Interest Rate |
Interest Amount |
Prior Carryover |
Interest Distribution |
Current Carryover |
Total Principal & Interest Distribution |
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| A-1 | 3.91300% | $796,813.45 | $0.00 | $796,813.45 | $0.00 | $58,366,066.63 | ||||||||||||||||||||
| A-2a | 4.29000% | $1,887,600.00 | $0.00 | $1,887,600.00 | $0.00 | $1,887,600.00 | ||||||||||||||||||||
| A-2b | 3.95850% | $432,136.25 | $0.00 | $432,136.25 | $0.00 | $432,136.25 | ||||||||||||||||||||
| A-3 | 4.51000% | $2,476,741.67 | $0.00 | $2,476,741.67 | $0.00 | $2,476,741.67 | ||||||||||||||||||||
| A-4 | 4.61000% | $363,037.50 | $0.00 | $363,037.50 | $0.00 | $363,037.50 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
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| Total | $5,956,328.87 | $0.00 | $5,956,328.87 | $0.00 | $63,525,582.05 | |||||||||||||||||||||
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Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
| Initial Deposit Amount |
$4,750,000.00 | Beginning Period Amount |
$106,677,959.75 | |||||||
| Specified Reserve Account Amount |
$4,750,000.00 | Increase/(Decrease) |
$(5,153,891.20 | ) | ||||||
| Beginning Balance |
$4,750,000.00 | Ending Period Amount |
$101,524,068.55 | |||||||
| Withdrawals |
$0.00 | |||||||||
| Amount Available for Deposit |
$21,258,234.89 | Overcollateralization | ||||||||
| Amount Deposited to the Reserve Account |
$0.00 | |||||||||
| Reserve Account Balance Prior to Release |
$4,750,000.00 | Adjusted Pool Balance |
$1,662,939,587.11 | |||||||
| Reserve Account Required Amount |
$4,750,000.00 | Total Note Balance |
$1,646,789,587.10 | |||||||
| Reserve Account Release to Seller |
$0.00 | Ending Overcollateralization Amount |
$16,150,000.01 | |||||||
| Ending Reserve Account Balance |
$4,750,000.00 | Overcollateralization Target Amount |
$16,150,000.01 | |||||||
Page 1 of 5
Servicer’s Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2026-C Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
| Number of Liquidated Receivables |
26 | 38 | 12 | 4 | 0 | |||||||||||||||
| Gross Principal of Liquidated Receivables |
$1,031,516.72 | $1,521,965.39 | $490,448.67 | $165,045.03 | $0.00 | |||||||||||||||
| Principal of Repurchased Contracts, previously charged-off |
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||
| Net Liquidation Proceeds Received During the Collection Period |
$(276,055.82 | ) | $(514,699.07 | ) | $(238,643.25 | ) | $(125,485.85 | ) | $0.00 | |||||||||||
| Recoveries on Previously Liquidated Contracts |
$(63,913.32 | ) | $(62,464.42 | ) | $1,448.90 | $0.00 | $0.00 | |||||||||||||
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| Net Credit Losses |
$691,547.58 | $944,801.90 | $253,254.32 | $39,559.18 | $0.00 | |||||||||||||||
| Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.05586% | 0.01764% | 0.00588% | 0.00000% | ||||||||||||||||
| Number of Accounts with Liquidation Proceeds or Recoveries |
32 | 11 | 4 | 0 | ||||||||||||||||
| Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.05036% | 0.01324% | 0.00202% | 0.00000% | ||||||||||||||||
| Number of Assets Experiencing a Net Loss |
37 | 12 | 4 | 0 | ||||||||||||||||
| Net Credit Losses for Assets Experiencing a Loss |
$944,950.07 | $253,254.32 | $39,559.18 | $0.00 | ||||||||||||||||
| Average Net Loss on all assets that have Experienced a Net Loss |
$25,539.19 | $21,104.53 | $9,889.80 | $0.00 | ||||||||||||||||
| Cumulative Net Loss Ratio |
0.04670% | 0.01252% | 0.00196% | 0.00000% | ||||||||||||||||
| Repossessed in Current Period |
24 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
| Receivables Pool Balance |
$2,023,086,017.89 | $1,827,186,800.04 | $1,764,463,655.66 | |||||||||||||
| Number of Contracts |
68,025 | 64,710 | 63,421 | |||||||||||||
| Weighted Average APR |
5.36% | 5.35% | 5.35% | |||||||||||||
| Weighted Average Remaining Term (Months) |
54.37 | 51.73 | 50.85 | |||||||||||||
Page 2 of 5
Servicer’s Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2026-C Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
Collections
| Principal Payments Received |
$40,378,761.17 | |||
| Prepayments in Full |
$21,292,306.43 | |||
| Interest Payments Received |
$8,122,929.40 | |||
| Aggregate Net Liquidation Proceeds |
$339,969.14 | |||
| Interest on Repurchased Contracts |
$1,946.40 | |||
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| Total Collections |
$70,135,912.54 | |||
| Principal of Repurchased Contracts |
$20,560.06 | |||
| Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
| Adjustment on Repurchased Contracts |
$0.00 | |||
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| Total Repurchased Amount |
$20,560.06 | |||
| Total Available Collections |
$70,156,472.60 |
Distributions
| Calculated Amount |
Amount Paid |
Shortfall | ||||||||
| Servicing Fee |
$1,522,655.67 | $1,522,655.67 | $0.00 | |||||||
| Trustee and Other Fees/Expenses (capped at $300,000.00 per calendar year) |
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| Indenture Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Owner Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Asset Representations Reviewer |
$0.00 |
$0.00 |
$0.00 | |||||||
| Interest - Class A-1 Notes |
$796,813.45 | $796,813.45 | $0.00 | |||||||
| Interest - Class A-2a Notes |
$1,887,600.00 | $1,887,600.00 | $0.00 | |||||||
| Interest - Class A-2b Notes |
$432,136.25 | $432,136.25 | $0.00 | |||||||
| Interest - Class A-3 Notes |
$2,476,741.67 | $2,476,741.67 | $0.00 | |||||||
| Interest - Class A-4 Notes |
$363,037.50 | $363,037.50 | $0.00 | |||||||
| First Priority Principal Distribution Amount |
$0.00 | $0.00 | $0.00 | |||||||
| Interest - Class B Notes |
$0.00 | $0.00 | $0.00 | |||||||
| Second Priority Principal Distribution Amount |
$41,419,253.17 | $41,419,253.17 | $0.00 | |||||||
| Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
| Regular Principal Distribution Amount |
$16,150,000.01 | $16,150,000.01 | $0.00 | |||||||
| Additional Trustee and Other Fees/Expenses |
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| Indenture Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Owner Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Asset Representations Reviewer |
$0.00 |
$0.00 |
$0.00 | |||||||
| Excess Amounts to the Certificateholder |
$5,108,234.88 | $5,108,234.88 | N/A | |||||||
Page 3 of 5
Servicer’s Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2026-C Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
30 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
30 | Actual/360 Days |
30 |
Noteholder Distributions
| Interest Distributed |
Per $1000 of Original Balance |
Principal Distributed |
Per $1000 of Original Balance |
Amount Distributed |
Per $1000 of Original Balance |
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| Class A-1 Notes |
$796,813.45 | $1.81 | $57,569,253.18 | $130.84 | $58,366,066.63 | $132.65 | ||||||||||||||||||||||||||||
| Class A-2a Notes |
$1,887,600.00 | $3.58 | $0.00 | $0.00 | $1,887,600.00 | $3.58 | ||||||||||||||||||||||||||||
| Class A-2b Notes |
$432,136.25 | $3.30 | $0.00 | $0.00 | $432,136.25 | $3.30 | ||||||||||||||||||||||||||||
| Class A-3 Notes |
$2,476,741.67 | $3.76 | $0.00 | $0.00 | $2,476,741.67 | $3.76 | ||||||||||||||||||||||||||||
| Class A-4 Notes |
$363,037.50 | $3.84 | $0.00 | $0.00 | $363,037.50 | $3.84 | ||||||||||||||||||||||||||||
| Class B Notes |
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||||||||||
Delinquent and Repossessed Contracts
| Percentage of Current Month Number of Contracts |
Units | Percentage of Current Month Receivables Pool Balance |
Balance | |||||||||||||
| 30-59 Days Delinquent |
0.44% | 280 | 0.54% | $9,537,223.37 | ||||||||||||
| 60-89 Days Delinquent |
0.09% | 56 | 0.11% | $1,922,148.13 | ||||||||||||
| 90-119 Days Delinquent |
0.06% | 38 | 0.08% | $1,370,049.40 | ||||||||||||
| 120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
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| Total Delinquencies |
0.59% | 374 | 0.73% | $12,829,420.90 | ||||||||||||
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| Total Delinquencies - Prior Period |
0.48% | 0.61% | ||||||||||||||
| Total Delinquencies - Two Months Prior |
0.42% | 0.55% | ||||||||||||||
| Total Delinquencies - Three Months Prior |
0.00% | 0.00% | ||||||||||||||
| Receivables Pool Balance |
$1,764,463,655.66 | |||||||||||||||
| 60-Day Delinquency Percentage |
0.19% | |||||||||||||||
| Delinquency Trigger Percentage |
6.90% | |||||||||||||||
| Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
| Repossessed Vehicle Inventory* |
32 vehicles | |||||||||||||||
| * Included with Delinquencies Above |
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Page 4 of 5
Servicer’s Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2026-C Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
I hereby certify to the best of my knowledge that the report provided is true and correct.
| /s/ Adam Stam | ||
| Name: | Adam Stam | |
| Title: | General Manager - Treasury | |
Page 5 of 5