Ford Credit Auto Owner Trust 2025-B
10/21/2026 | Press release | Distributed by Public on 10/21/2026 08:06
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 13 | ||||
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 333-281130 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 | $ | 1,645,740,999.46 | 43,700 | 55.3 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 320,400,000.00 | 4.057 | % | October 15, 2026 | ||||||||||||
| Class A-2a Notes | $ | 325,000,000.00 | 3.88 | % | June 15, 2028 | ||||||||||||
| Class A-2b Notes | $ | 217,400,000.00 | 3.94850 | % | * | June 15, 2028 | |||||||||||
| Class A-3 Notes | $ | 542,400,000.00 | 3.91 | % | April 15, 2030 | ||||||||||||
| Class A-4 Notes | $ | 94,800,000.00 | 3.95 | % | July 15, 2031 | ||||||||||||
| Class B Notes | $ | 47,370,000.00 | 4.24 | % | July 15, 2031 | ||||||||||||
| Class C Notes | $ | 31,570,000.00 | 0.00 | % | March 15, 2033 | ||||||||||||
| Total | $ | 1,578,940,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.30% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 4,753,599.24 | |||
| Principal: | |||||
| Principal Collections | $ | 26,009,914.46 | |||
| Prepayments in Full | $ | 14,700,020.34 | |||
| Liquidation Proceeds | $ | 557,600.91 | |||
| Recoveries | $ | 18,664.91 | |||
| Sub Total | $ | 41,286,200.62 | |||
| Collections | $ | 46,039,799.86 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 91,589.76 | |||
| Purchase Amounts Related to Interest | $ | 725.32 | |||
| Sub Total | $ | 92,315.08 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 46,132,114.94 | |||
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Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 13 | ||||
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 | $ | 46,132,114.94 | |||||||||||||||||||
| Servicing Fee | $ | 891,329.79 | $ | 891,329.79 | $ | 0.00 | $ | 0.00 | $ | 45,240,785.15 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 45,240,785.15 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 546,393.44 | $ | 546,393.44 | $ | 0.00 | $ | 0.00 | $ | 44,694,391.71 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 371,947.87 | $ | 371,947.87 | $ | 0.00 | $ | 0.00 | $ | 44,322,443.84 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 1,767,320.00 | $ | 1,767,320.00 | $ | 0.00 | $ | 0.00 | $ | 42,555,123.84 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 312,050.00 | $ | 312,050.00 | $ | 0.00 | $ | 0.00 | $ | 42,243,073.84 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 42,243,073.84 | |||||||||||||||||||
| Interest - Class B Notes | $ | 167,374.00 | $ | 167,374.00 | $ | 0.00 | $ | 0.00 | $ | 42,075,699.84 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 42,075,699.84 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 42,075,699.84 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 42,075,699.84 | |||||||||||||||||||
| Regular Principal Payment | $ | 40,034,870.53 | $ | 40,034,870.53 | $ | 0.00 | $ | 0.00 | $ | 2,040,829.31 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,040,829.31 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 2,040,829.31 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 46,132,114.94 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 40,034,870.53 | |||||||||||||||||||||||||||
| Total | $ | 40,034,870.53 | |||||||||||||||||||||||||||
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 | $ | 23,988,445.65 | $ | 73.81 | $ | 546,393.44 | $ | 1.68 | $ | 24,534,839.09 | $ | 75.49 | |||||||||||||||||||||||
| Class A-2b Notes | $ | 16,046,424.88 | $ | 73.81 | $ | 371,947.87 | $ | 1.71 | $ | 16,418,372.75 | $ | 75.52 | |||||||||||||||||||||||
| Class A-3 Notes | $ | 0.00 | $ | 0.00 | $ | 1,767,320.00 | $ | 3.26 | $ | 1,767,320.00 | $ | 3.26 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 312,050.00 | $ | 3.29 | $ | 312,050.00 | $ | 3.29 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 167,374.00 | $ | 3.53 | $ | 167,374.00 | $ | 3.53 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Total | $ | 40,034,870.53 | $ | 25.36 | $ | 3,165,085.31 | $ | 2.00 | $ | 43,199,955.84 | $ | 27.36 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 13 | ||||
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 | $ | 168,987,663.19 | 0.5199620 | $ | 144,999,217.54 | 0.4461514 | |||||||||||||||||
| Class A-2b Notes | $ | 113,039,747.62 | 0.5199620 | $ | 96,993,322.74 | 0.4461514 | |||||||||||||||||
| Class A-3 Notes | $ | 542,400,000.00 | 1.0000000 | $ | 542,400,000.00 | 1.0000000 | |||||||||||||||||
| Class A-4 Notes | $ | 94,800,000.00 | 1.0000000 | $ | 94,800,000.00 | 1.0000000 | |||||||||||||||||
| Class B Notes | $ | 47,370,000.00 | 1.0000000 | $ | 47,370,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 31,570,000.00 | 1.0000000 | $ | 31,570,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 998,167,410.81 | 0.6321756 | $ | 958,132,540.28 | 0.6068201 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 5.345 | % | 5.354 | % | |||||||
| Weighted Average Remaining Term | 46.36 | 45.61 | |||||||||
| Number of Receivables Outstanding | 33,266 | 32,395 | |||||||||
| Pool Balance | $ | 1,069,595,751.48 | $ | 1,027,698,068.66 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 1,029,746,382.68 | $ | 989,711,512.15 | |||||||
| Pool Factor | 0.6499174 | 0.6244592 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 3,947,371.48 | |||
| Yield Supplement Overcollateralization Amount | $ | 37,986,556.51 | |||
| Targeted Overcollateralization Amount | $ | 69,565,528.38 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 69,565,528.38 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 3,947,371.48 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 3,947,371.48 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 3,947,371.48 | |||
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Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 13 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 66 | $ | 538,557.35 | ||||||||||||||
| (Recoveries) | 18 | $ | 18,664.91 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 519,892.44 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.5833 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.5981 | % | |||||||||||||||
| Second Prior Collection Period | 0.7796 | % | |||||||||||||||
| Prior Collection Period | 0.0510 | % | |||||||||||||||
| Current Collection Period | 0.5949 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.5059 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 808 | $ | 3,973,194.70 | ||||||||||||||
| (Cumulative Recoveries) | $ | 206,930.29 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 3,766,264.41 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.2288 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 4,917.32 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 4,661.22 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 0.98 | % | 248 | $ | 10,051,220.83 | ||||||||||||
| 61-90 Days Delinquent | 0.17 | % | 42 | $ | 1,796,963.86 | ||||||||||||
| 91-120 Days Delinquent | 0.03 | % | 7 | $ | 303,157.66 | ||||||||||||
| Over 120 Days Delinquent | 0.01 | % | 3 | $ | 147,226.24 | ||||||||||||
| Total Delinquent Receivables | 1.20 | % | 300 | $ | 12,298,568.59 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 12 | $ | 482,087.85 | ||||||||||||||
| Total Repossessed Inventory | 30 | $ | 1,259,038.76 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.1230 | % | |||||||||||||||
| Prior Collection Period | 0.1774 | % | |||||||||||||||
| Current Collection Period | 0.1605 | % | |||||||||||||||
| Three Month Average | 0.1536 | % | |||||||||||||||
| Delinquency Trigger (61+ Delinquent Receivables) | |||||||||||||||||
| Transaction Month | Trigger | ||||||||||||||||
| 1-12 | 0.80% | ||||||||||||||||
| 13-24 | 1.30% | ||||||||||||||||
| 25-36 | 2.40% | ||||||||||||||||
| 37+ | 4.55% | ||||||||||||||||
| 61+ Delinquent Receivables Balance to EOP Pool Balance | 0.2187 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 13 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 77 | $3,297,688.01 | ||||||||||||
| 2 Months Extended | 109 | $4,845,448.86 | ||||||||||||
| 3+ Months Extended | 31 | $1,423,159.05 | ||||||||||||
| Total Receivables Extended | 217 | $9,566,295.92 | ||||||||||||
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
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Ford Credit Auto Owner Trust 2025-B published this content on October 21, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 21, 2026 at 14:06 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]