Toyota Auto Receivables 2023-D Owner Trust
09/28/2026 | Press release | Distributed by Public on 09/28/2026 08:25
Asset-Backed Issuer Distribution Report (Form 10-D)
Servicer's Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
29 |
Actual/360 Days |
29 |
| Class |
Initial Principal Balance |
Final Scheduled Payment Date |
Beginning Principal Balance |
Beginning Principal Factor |
First Priority Principal Distribution Amount |
Second
Priority |
Regular Principal Distribution Amount |
Ending
Principal |
Ending Principal Factor |
|||||||||||||||||||||||||||
| A-1 | $310,000,000.00 | 11/15/24 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $312,300,000.00 | 11/16/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2b | $312,300,000.00 | 11/16/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-3 | $554,400,000.00 | 8/15/28 | $236,031,347.60 | 0.4257420 | $0.00 | $9,344,397.99 | $13,600,024.69 | $213,086,924.92 | 0.3843559 | |||||||||||||||||||||||||||
| A-4 | $71,000,000.00 | 3/15/29 | $71,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $71,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $40,000,000.00 | 6/17/30 | $40,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $40,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| Total | $1,600,000,000.00 | $347,031,347.60 | $0.00 | $9,344,397.99 | $13,600,024.69 | $324,086,924.92 | 0.2025543 | |||||||||||||||||||||||||||||
| Class | Interest Rate |
Interest Distributable Amount |
Prior Interest Carryover |
Interest Distribution Amount |
Current Interest Carryover |
Total Principal & Interest Distribution |
||||||||||||||||||||
| A-1 | 5.60400% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 5.80000% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2b | 4.18650% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-3 | 5.54000% | $1,089,678.05 | $0.00 | $1,089,678.05 | $0.00 | $24,034,100.73 | ||||||||||||||||||||
| A-4 | 5.49000% | $324,825.00 | $0.00 | $324,825.00 | $0.00 | $324,825.00 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
| Total | $1,414,503.05 | $0.00 | $1,414,503.05 | $0.00 | $24,358,925.73 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,000,007.26 |
Beginning Period Amount |
$16,908,009.94 | |||||||
|
Specified Reserve Account Amount |
$4,000,007.26 |
Increase/(Decrease) |
$(1,609,481.46 | ) | ||||||
|
Beginning Balance |
$4,000,007.26 |
Ending Period Amount |
$15,298,528.48 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$15,059,824.08 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,000,007.26 |
Adjusted Pool Balance |
$337,686,949.61 | |||||||
|
Reserve Account Required Amount |
$4,000,007.26 |
Total Note Balance |
$324,086,924.92 | |||||||
|
Reserve Account Release to Seller |
$0.00 |
Ending Overcollateralization Amount |
$13,600,024.69 | |||||||
|
Ending Reserve Account Balance |
$4,000,007.26 |
Overcollateralization Target Amount |
$13,600,024.69 | |||||||
Page 1 of 5
Servicer's Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
29 |
Actual/360 Days |
29 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
|
Number of Liquidated Receivables |
20 | 985 | 965 | 942 | 920 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$375,947.88 | $24,870,776.12 | $24,494,828.24 | $24,074,484.78 | $23,633,917.56 | |||||||||||||||
|
Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(82,659.37 | ) | $(82,659.37 | ) | $(82,659.37 | ) | $(82,659.37 | ) | |||||||||||
|
Net Liquidation Proceeds Received During the Collection Period |
$6,891.69 | $(3,747,983.04 | ) | $(3,754,874.73 | ) | $(3,710,617.69 | ) | $(3,677,057.00 | ) | |||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(200,250.11 | ) | $(11,209,100.30 | ) | $(11,008,850.19 | ) | $(10,731,866.50 | ) | $(10,273,747.08 | ) | ||||||||||
|
Net Credit Losses |
$182,589.46 | $9,831,033.41 | $9,648,443.95 | $9,549,341.22 | $9,600,454.11 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial |
1.50598% | 1.47540% | 1.44023% | 1.40660% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
950 | 928 | 907 | 887 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
1.02319% | 0.98584% | 0.95789% | 0.94547% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
852 | 837 | 819 | 806 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$9,880,907.04 | $9,698,132.28 | $9,591,706.29 | $9,640,921.72 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$11,597.31 | $11,586.78 | $11,711.49 | $11,961.44 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.55410% | 0.54381% | 0.53822% | 0.54110% | ||||||||||||||||
|
Repossessed in Current Period |
13 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,774,239,151.48 | $377,539,382.23 | $352,985,478.09 | |||||||||||||
|
Number of Contracts |
65,406 | 32,101 | 31,000 | |||||||||||||
|
Weighted Average APR |
5.10% | 5.47% | 5.49% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
54.72 | 24.86 | 24.08 | |||||||||||||
Page 2 of 5
Servicer's Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
29 |
Actual/360 Days |
29 |
Collections
|
Principal Payments Received |
$18,374,173.42 | |||
|
Prepayments in Full |
$5,792,422.40 | |||
|
Interest Payments Received |
$1,761,964.60 | |||
|
Aggregate Net Liquidation Proceeds |
$193,358.42 | |||
|
Interest on Repurchased Contracts |
$61.99 | |||
|
Total Collections |
$26,121,980.83 | |||
|
Principal of Repurchased Contracts |
$11,360.44 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$11,360.44 | |||
|
Total Available Collections |
$26,133,341.27 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$314,616.15 | $314,616.15 | $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 |
$1,089,678.05 | $1,089,678.05 | $0.00 | |||||||
|
Interest - Class A-4 Notes |
$324,825.00 | $324,825.00 | $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 |
$9,344,397.99 | $9,344,397.99 | $0.00 | |||||||
|
Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
|
Regular Principal Distribution Amount |
$13,600,024.69 | $13,600,024.69 | $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 |
$1,459,799.39 | $1,459,799.39 | N/A | |||||||
Page 3 of 5
Servicer's Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
29 |
Actual/360 Days |
29 |
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 |
$1,089,678.05 | $1.97 | $22,944,422.68 | $41.39 | $24,034,100.73 | $43.36 | ||||||||||||||||||||||||||||
|
Class A-4 Notes |
$324,825.00 | $4.58 | $0.00 | $0.00 | $324,825.00 | $4.58 | ||||||||||||||||||||||||||||
|
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 |
1.16% | 360 | 1.78% | $6,274,464.83 | ||||||||||||
|
60-89 Days Delinquent |
0.37% | 115 | 0.55% | $1,936,498.66 | ||||||||||||
|
90-119 Days Delinquent |
0.11% | 35 | 0.16% | $575,466.11 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.64% | 510 | 2.49% | $8,786,429.60 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.50% | 2.27% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.46% | 2.22% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
1.50% | 2.29% | ||||||||||||||
|
Receivables Pool Balance |
$352,985,478.09 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.71% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.65% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
|
Repossessed Vehicle Inventory* |
14 vehicles | |||||||
|
* Included with Delinquencies Above |
||||||||
Page 4 of 5
Servicer's Certificate
for the Collection Period August 01, 2026 through August 31, 2026
for Payment Date of September 15, 2026
Toyota Auto Receivables 2023-D 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 2023-D Owner Trust published this content on September 28, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 28, 2026 at 14:26 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]