Ford Credit Auto Owner Trust 2024-B
04/17/2026 | Press release | Distributed by Public on 04/17/2026 07:17
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | March 2026 | ||||
| Payment Date | 4/15/2026 | ||||
| Transaction Month | 22 | ||||
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 | $ | 1,999,478,618.95 | 53,438 | 57.0 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 350,000,000.00 | 5.507 | % | July 15, 2025 | ||||||||||||
| Class A-2a Notes | $ | 323,350,000.00 | 5.40 | % | April 15, 2027 | ||||||||||||
| Class A-2b Notes | $ | 330,000,000.00 | 4.07223 | % | * | April 15, 2027 | |||||||||||
| Class A-3 Notes | $ | 653,300,000.00 | 5.10 | % | April 15, 2029 | ||||||||||||
| Class A-4 Notes | $ | 93,350,000.00 | 4.96 | % | May 15, 2030 | ||||||||||||
| Class B Notes | $ | 55,260,000.00 | 5.23 | % | May 15, 2030 | ||||||||||||
| Class C Notes | $ | 36,830,000.00 | 0.00 | % | December 15, 2031 | ||||||||||||
| Total | $ | 1,842,090,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.40% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 3,738,335.32 | |||
| Principal: | |||||
| Principal Collections | $ | 28,996,891.00 | |||
| Prepayments in Full | $ | 14,782,447.65 | |||
| Liquidation Proceeds | $ | 467,423.61 | |||
| Recoveries | $ | 149,839.57 | |||
| Sub Total | $ | 44,396,601.83 | |||
| Collections | $ | 48,134,937.15 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 84,503.32 | |||
| Purchase Amounts Related to Interest | $ | 477.40 | |||
| Sub Total | $ | 84,980.72 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 48,219,917.87 | |||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | March 2026 | ||||
| Payment Date | 4/15/2026 | ||||
| Transaction Month | 22 | ||||
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 | $ | 48,219,917.87 | |||||||||||||||||||
| Servicing Fee | $ | 765,643.94 | $ | 765,643.94 | $ | 0.00 | $ | 0.00 | $ | 47,454,273.93 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 47,454,273.93 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 47,454,273.93 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 47,454,273.93 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 2,677,509.40 | $ | 2,677,509.40 | $ | 0.00 | $ | 0.00 | $ | 44,776,764.53 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 385,846.67 | $ | 385,846.67 | $ | 0.00 | $ | 0.00 | $ | 44,390,917.86 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 44,390,917.86 | |||||||||||||||||||
| Interest - Class B Notes | $ | 240,841.50 | $ | 240,841.50 | $ | 0.00 | $ | 0.00 | $ | 44,150,076.36 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 44,150,076.36 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 44,150,076.36 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 44,150,076.36 | |||||||||||||||||||
| Regular Principal Payment | $ | 41,798,924.48 | $ | 41,798,924.48 | $ | 0.00 | $ | 0.00 | $ | 2,351,151.88 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,351,151.88 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 2,351,151.88 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 48,219,917.87 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 41,798,924.48 | |||||||||||||||||||||||||||
| Total | $ | 41,798,924.48 | |||||||||||||||||||||||||||
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 | $ | 41,798,924.48 | $ | 63.98 | $ | 2,677,509.40 | $ | 4.10 | $ | 44,476,433.88 | $ | 68.08 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 385,846.67 | $ | 4.13 | $ | 385,846.67 | $ | 4.13 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 240,841.50 | $ | 4.36 | $ | 240,841.50 | $ | 4.36 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Total | $ | 41,798,924.48 | $ | 22.69 | $ | 3,304,197.57 | $ | 1.79 | $ | 45,103,122.05 | $ | 24.48 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | March 2026 | ||||
| Payment Date | 4/15/2026 | ||||
| Transaction Month | 22 | ||||
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 | $ | 630,002,212.23 | 0.9643383 | $ | 588,203,287.75 | 0.9003571 | |||||||||||||||||
| Class A-4 Notes | $ | 93,350,000.00 | 1.0000000 | $ | 93,350,000.00 | 1.0000000 | |||||||||||||||||
| Class B Notes | $ | 55,260,000.00 | 1.0000000 | $ | 55,260,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 36,830,000.00 | 1.0000000 | $ | 36,830,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 815,442,212.23 | 0.4426723 | $ | 773,643,287.75 | 0.4199813 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 4.810 | % | 4.825 | % | |||||||
| Weighted Average Remaining Term | 40.94 | 40.25 | |||||||||
| Number of Receivables Outstanding | 34,040 | 33,046 | |||||||||
| Pool Balance | $ | 918,772,724.22 | $ | 873,790,181.57 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 852,284,188.50 | $ | 810,485,264.02 | |||||||
| Pool Factor | 0.4595062 | 0.4370090 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 4,605,247.03 | |||
| Yield Supplement Overcollateralization Amount | $ | 63,304,917.55 | |||
| Targeted Overcollateralization Amount | $ | 100,146,893.82 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 100,146,893.82 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 4,605,247.03 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 4,605,247.03 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 4,605,247.03 | |||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | March 2026 | ||||
| Payment Date | 4/15/2026 | ||||
| Transaction Month | 22 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 94 | $ | 651,277.07 | ||||||||||||||
| (Recoveries) | 70 | $ | 149,839.57 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 501,437.50 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.6549 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.2940 | % | |||||||||||||||
| Second Prior Collection Period | 0.5259 | % | |||||||||||||||
| Prior Collection Period | 0.8473 | % | |||||||||||||||
| Current Collection Period | 0.6714 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.5846 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 1,972 | $ | 12,293,354.08 | ||||||||||||||
| (Cumulative Recoveries) | $ | 1,667,461.10 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 10,625,892.98 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.5314 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 6,233.95 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 5,388.38 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 1.18 | % | 285 | $ | 10,288,768.73 | ||||||||||||
| 61-90 Days Delinquent | 0.17 | % | 39 | $ | 1,513,827.82 | ||||||||||||
| 91-120 Days Delinquent | 0.04 | % | 7 | $ | 318,612.67 | ||||||||||||
| Over 120 Days Delinquent | 0.07 | % | 16 | $ | 615,113.91 | ||||||||||||
| Total Delinquent Receivables | 1.46 | % | 347 | $ | 12,736,323.13 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 20 | $ | 891,583.42 | ||||||||||||||
| Total Repossessed Inventory | 41 | $ | 1,779,364.18 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.2294 | % | |||||||||||||||
| Prior Collection Period | 0.2056 | % | |||||||||||||||
| Current Collection Period | 0.1876 | % | |||||||||||||||
| Three Month Average | 0.2076 | % | |||||||||||||||
| Delinquency Trigger (61+ Delinquent Receivables) | |||||||||||||||||
| Transaction Month | Trigger | ||||||||||||||||
| 1-12 | 0.80% | ||||||||||||||||
| 13-24 | 1.30% | ||||||||||||||||
| 25-36 | 2.40% | ||||||||||||||||
| 37+ | 4.75% | ||||||||||||||||
| 61+ Delinquent Receivables Balance to EOP Pool Balance | 0.2801 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | March 2026 | ||||
| Payment Date | 4/15/2026 | ||||
| Transaction Month | 22 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 67 | $2,554,275.90 | ||||||||||||
| 2 Months Extended | 127 | $5,183,071.10 | ||||||||||||
| 3+ Months Extended | 33 | $1,256,938.34 | ||||||||||||
| Total Receivables Extended | 227 | $8,994,285.34 | ||||||||||||
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 2024-B published this content on April 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 17, 2026 at 13:17 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]