Material Agreement (Form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On April 16, 2026, Bridgecrest Auto Funding LLC ("BAF") and Bridgecrest Acceptance Corporation ("BAC") entered into an Underwriting Agreement (the "Underwriting Agreement") with Wells Fargo Securities, LLC on behalf of itself and as representative of the several underwriters (collectively, the "Underwriters"), for the sale of the following notes to be issued by Bridgecrest Lending Auto Securitization Trust 2026-2 (the "Issuer"): the Class A-1 3.971% Auto Loan Asset Backed Notes, Class A-2 4.24% Auto Loan Asset Backed Notes, Class A-3 4.27% Auto Loan Asset Backed Notes, the Class B 4.56% Auto Loan Asset Backed Notes, the Class C 4.88% Auto Loan Asset Backed Notes and the Class D 5.19% Auto Loan Asset Backed Notes (collectively, the "Publicly Registered Notes"). The Publicly Registered Notes have been registered pursuant to the Securities Act of 1933, as amended, under a Registration Statement on Form SF-3 (Commission File No. 333-271899). The Issuer will also issue the Class E 7.17% Auto Loan Asset Backed Notes which have not been registered under the Registration Statement (the "Class E Notes" and together with the Publicly Registered Notes, the "Notes"). It is anticipated that the Notes will be issued on April 28, 2026 (the "Closing Date").

Attached as Exhibit 1.1 is the Underwriting Agreement.

Item 8.01. Other Events.

On the Closing Date, BAC and BAF will enter into a Purchase Agreement, to be dated as of the Closing Date (the "Purchase Agreement"), pursuant to which BAC will transfer to BAF certain motor vehicle retail installment sales contracts relating to certain new and used automobiles, light-duty trucks, SUVs and vans (the "Receivables") and related property. The Issuer, a Delaware statutory trust, was established by a Trust Agreement, dated as of December 2, 2025, which was amended and restated by an Amended and Restated Trust Agreement, dated as of the Closing Date (the "Amended and Restated Trust Agreement") by and between BAF, as depositor, and Wilmington Trust, National Association, as owner trustee. Bridgecrest Lending Auto Securitization Grantor Trust 2026-2 (the "Grantor Trust"), a Delaware statutory trust, was established by a Trust Agreement, dated as of December 2, 2025, which was amended and restated by an Amended and Restated Trust Agreement, dated as of the Closing Date (the "Amended and Restated Grantor Trust Agreement") by and between the Issuer, as grantor trust seller, and Wilmington Trust, National Association, as grantor trust trustee. On the Closing Date, the Issuer will enter into a Sale and Servicing Agreement, to be dated as of the Closing Date (the "Sale and Servicing Agreement"), with the Grantor Trust, BAF, as seller, BAC, as servicer, and Computershare Trust Company, National Association, as indenture trustee (the "Indenture Trustee") and standby servicer, pursuant to which the Receivables and related property will be transferred to the Issuer and pursuant to which BAC agreed to act as servicer for the Receivables. On the Closing Date, the Issuer will enter into a Receivables Contribution Agreement, to be dated as of the Closing Date (the "Receivables Contribution Agreement"), with the Grantor Trust, pursuant to which the Receivables and related property will be transferred to the Grantor Trust. On the Closing Date, the Issuer, the Grantor Trust, BAC, as sponsor and servicer, and Clayton Fixed Income Services LLC, as asset representations reviewer, will enter into an Asset Representations Review Agreement, to be dated as of the Closing Date (the "Asset Representations Review Agreement"), relating to the review of certain representations relating to the Receivables after satisfaction of certain conditions. Also, on the Closing Date, the Issuer will enter into an Indenture, to be dated as of the Closing Date (the "Indenture"), by and between the Issuer, the Grantor Trust and the Indenture Trustee. Pursuant to the Indenture, the Issuer will cause the issuance of the Notes and the Issuer and the Grantor Trust will grant a security interest in the Receivables and other related property to secure the Notes. Also on the Closing Date, the Issuer, the Grantor Trust, BAC, as administrator, and the Indenture Trustee will enter into an Administration Agreement, to be dated as of the Closing Date (the "Administration Agreement"), relating to the provision by BAC of certain administration services on behalf of the Issuer and the Grantor Trust relating to the Notes.