Toyota Auto Receivables 2024-A Owner Trust
08/27/2026 | Press release | Distributed by Public on 08/27/2026 08:57
Asset-Backed Issuer Distribution Report (Form 10-D)
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2024-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
| Class |
Initial Principal Balance |
Final Scheduled Payment Date |
Beginning Principal Balance |
Beginning Principal Factor |
First Priority Principal Distribution Amount |
Second Priority Principal Distribution Amount |
Regular Principal Distribution Amount |
Ending Principal Balance |
Ending Principal Factor |
|||||||||||||||||||||||||||
| A-1 | $345,000,000.00 | 1/15/25 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $157,500,000.00 | 12/15/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2b | $472,500,000.00 | 12/15/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-3 | $630,000,000.00 | 10/16/28 | $304,449,967.57 | 0.4832539 | $0.00 | $13,830,212.86 | $14,875,000.06 | $275,744,754.65 | 0.4376901 | |||||||||||||||||||||||||||
| A-4 | $101,250,000.00 | 4/16/29 | $101,250,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $101,250,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $43,750,000.00 | 8/15/30 | $43,750,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $43,750,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| Total | $1,750,000,000.00 | $449,449,967.57 | $0.00 | $13,830,212.86 | $14,875,000.06 | $420,744,754.65 | 0.2404256 | |||||||||||||||||||||||||||||
| Class | Interest Rate |
Interest Distributable Amount |
Prior Interest Carryover |
Interest Distribution Amount |
Current Interest Carryover |
Total Principal & Interest Distribution |
||||||||||||||||||||
| A-1 | 5.51900% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 5.13000% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2b | 3.97539% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-3 | 4.83000% | $1,225,411.12 | $0.00 | $1,225,411.12 | $0.00 | $29,930,624.04 | ||||||||||||||||||||
| A-4 | 4.77000% | $402,468.75 | $0.00 | $402,468.75 | $0.00 | $402,468.75 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
| Total | $1,627,879.87 | $0.00 | $1,627,879.87 | $0.00 | $30,333,092.79 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,375,000.02 |
Beginning Period Amount |
$20,122,164.34 | |||||||
|
Specified Reserve Account Amount |
$4,375,000.02 |
Increase/(Decrease) |
$(1,835,222.38 | ) | ||||||
|
Beginning Balance |
$4,375,000.02 |
Ending Period Amount |
$18,286,941.96 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$16,816,779.52 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 |
Adjusted Pool Balance |
$435,619,754.71 | |||||||
|
Reserve Account Balance Prior to Release |
$4,375,000.02 |
Total Note Balance |
$420,744,754.65 | |||||||
|
Reserve Account Required Amount |
$4,375,000.02 |
Ending Overcollateralization Amount |
$14,875,000.06 | |||||||
|
Reserve Account Release to Seller |
$0.00 |
Overcollateralization Target Amount |
$14,875,000.06 | |||||||
|
Ending Reserve Account Balance |
$4,375,000.02 | |||||||||
Page 1 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2024-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
|
Number of Liquidated Receivables |
27 | 999 | 972 | 954 | 934 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$610,363.77 | $24,971,282.26 | $24,360,918.49 | $24,057,214.30 | $23,572,894.51 | |||||||||||||||
|
Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(13,698.02 | ) | $(13,698.02 | ) | $(13,698.02 | ) | $(13,698.02 | ) | |||||||||||
|
Net Liquidation Proceeds Received During the Collection Period |
$(93,840.94 | ) | $(3,557,547.58 | ) | $(3,463,706.64 | ) | $(3,446,323.01 | ) | $(3,375,615.16 | ) | ||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(351,664.37 | ) | $(11,459,033.65 | ) | $(11,107,369.28 | ) | $(10,800,968.05 | ) | $(10,487,076.76 | ) | ||||||||||
|
Net Credit Losses |
$164,858.46 | $9,941,003.01 | $9,776,144.55 | $9,796,225.22 | $9,696,504.57 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
1.39280% | 1.35516% | 1.33006% | 1.30218% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
964 | 945 | 922 | 909 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.92272% | 0.89079% | 0.87630% | 0.85156% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
854 | 834 | 822 | 807 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$9,994,174.12 | $9,825,577.69 | $9,841,792.91 | $9,737,803.38 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$11,702.78 | $11,781.27 | $11,972.98 | $12,066.67 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.52089% | 0.51225% | 0.51330% | 0.50808% | ||||||||||||||||
|
Repossessed in Current Period |
6 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,908,468,799.65 | $484,447,131.97 | $453,906,696.67 | |||||||||||||
|
Number of Contracts |
71,726 | 36,546 | 35,295 | |||||||||||||
|
Weighted Average APR |
5.37% | 5.69% | 5.71% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
54.51 | 27.50 | 26.69 | |||||||||||||
Page 2 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2024-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
Collections
|
Principal Payments Received |
$21,041,307.88 | |||
|
Prepayments in Full |
$8,888,763.65 | |||
|
Interest Payments Received |
$2,303,001.35 | |||
|
Aggregate Net Liquidation Proceeds |
$445,505.31 | |||
|
Interest on Repurchased Contracts |
$0.00 | |||
|
Total Collections |
$32,678,578.19 | |||
|
Principal of Repurchased Contracts |
$0.00 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$0.00 | |||
|
Total Available Collections |
$32,678,578.19 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$403,705.94 | $403,705.94 | $0.00 | |||||||
|
Trustee and Other Fees/Expenses (capped at $300,000.00 per calendar year) |
||||||||||
|
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 |
$0.00 | $0.00 | $0.00 | |||||||
|
Interest - Class A-2a Notes |
$0.00 | $0.00 | $0.00 | |||||||
|
Interest - Class A-2b Notes |
$0.00 | $0.00 | $0.00 | |||||||
|
Interest - Class A-3 Notes |
$1,225,411.12 | $1,225,411.12 | $0.00 | |||||||
|
Interest - Class A-4 Notes |
$402,468.75 | $402,468.75 | $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 |
$13,830,212.86 | $13,830,212.86 | $0.00 | |||||||
|
Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
|
Regular Principal Distribution Amount |
$14,875,000.06 | $14,875,000.06 | $0.00 | |||||||
|
Additional Trustee and Other Fees/Expenses |
||||||||||
|
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 |
$1,941,779.46 | $1,941,779.46 | N/A | |||||||
Page 3 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2024-A Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
Noteholder Distributions
|
Interest Distributed |
Per $1000 of Original Balance |
Principal Distributed |
Per $1000 of Original Balance |
Amount Distributed |
Per $1000 of 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 |
$1,225,411.12 | $1.95 | $28,705,212.92 | $45.56 | $29,930,624.04 | $47.51 | ||||||||||||||||||||||||||||
|
Class A-4 Notes |
$402,468.75 | $3.98 | $0.00 | $0.00 | $402,468.75 | $3.98 | ||||||||||||||||||||||||||||
|
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 |
1.10% | 388 | 1.74% | $7,889,373.07 | ||||||||||||
|
60-89 Days Delinquent |
0.30% | 106 | 0.49% | $2,223,113.87 | ||||||||||||
|
90-119 Days Delinquent |
0.08% | 29 | 0.13% | $588,667.40 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.48% | 523 | 2.36% | $10,701,154.34 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.46% | 2.26% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.51% | 2.24% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
1.29% | 1.96% | ||||||||||||||
|
Receivables Pool Balance |
$453,906,696.67 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.62% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.65% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? No |
||||||||||||||||
|
Repossessed Vehicle Inventory* |
7 vehicles | |||||||
|
* Included with Delinquencies Above |
||||||||
Page 4 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2024-A 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
Toyota Auto Receivables 2024-A Owner Trust published this content on August 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 27, 2026 at 14:57 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]