Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
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|
|
|
|
|
|
|
Collection Period
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May 2026
|
|
Payment Date
|
6/15/2026
|
|
Transaction Month
|
19
|
|
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
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Dollar Amount
|
|
# of Receivables
|
|
Weighted Avg Remaining Term at Cutoff
|
|
Initial Pool Balance
|
$
|
1,683,369,242.22
|
|
|
41,794
|
|
57.2 months
|
|
|
|
|
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|
|
|
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Dollar Amount
|
|
Note Interest Rate
|
|
Final Scheduled Payment Date
|
|
Original Securities
|
|
|
|
|
|
|
Class A-1 Notes
|
$
|
330,000,000.00
|
|
|
4.604
|
%
|
|
December 15, 2025
|
|
Class A-2a Notes
|
$
|
407,800,000.00
|
|
|
4.59
|
%
|
|
October 15, 2027
|
|
Class A-2b Notes
|
$
|
125,000,000.00
|
|
|
3.96285
|
%
|
*
|
October 15, 2027
|
|
Class A-3 Notes
|
$
|
532,800,000.00
|
|
|
4.61
|
%
|
|
August 15, 2029
|
|
Class A-4 Notes
|
$
|
104,400,000.00
|
|
|
4.66
|
%
|
|
September 15, 2030
|
|
Class B Notes
|
$
|
47,370,000.00
|
|
|
4.88
|
%
|
|
September 15, 2030
|
|
Class C Notes
|
$
|
31,570,000.00
|
|
|
0.00
|
%
|
|
May 15, 2032
|
|
Total
|
$
|
1,578,940,000.00
|
|
|
|
|
|
|
|
|
|
* 30-day average SOFR + 0.32%
|
II. AVAILABLE FUNDS
|
|
|
|
|
|
|
|
Interest:
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|
|
Interest Collections
|
$
|
3,405,437.49
|
|
|
|
|
|
Principal:
|
|
|
Principal Collections
|
$
|
22,965,853.72
|
|
|
Prepayments in Full
|
$
|
12,616,379.84
|
|
|
Liquidation Proceeds
|
$
|
364,111.67
|
|
|
Recoveries
|
$
|
110,821.60
|
|
|
Sub Total
|
$
|
36,057,166.83
|
|
|
Collections
|
$
|
39,462,604.32
|
|
|
|
|
|
Purchase Amounts:
|
|
|
Purchase Amounts Related to Principal
|
$
|
186,889.01
|
|
|
Purchase Amounts Related to Interest
|
$
|
1,122.09
|
|
|
Sub Total
|
$
|
188,011.10
|
|
|
|
|
|
Clean-up Call
|
$
|
0.00
|
|
|
|
|
|
Reserve Account Draw Amount
|
$
|
0.00
|
|
|
|
|
|
Available Funds - Total
|
$39,650,615.42
|
Page 1
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
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Collection Period
|
May 2026
|
|
Payment Date
|
6/15/2026
|
|
Transaction Month
|
19
|
|
III. DISTRIBUTIONS
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Calculated Amount
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Amount Paid
|
|
Shortfall
|
|
Carryover Shortfall
|
|
Remaining Available Funds
|
|
Trustee and Other Fees/Expenses
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
39,650,615.42
|
|
|
Servicing Fee
|
$
|
737,593.38
|
|
|
$
|
737,593.38
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,913,022.04
|
|
|
Interest - Class A-1 Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,913,022.04
|
|
|
Interest - Class A-2a Notes
|
$
|
255,509.48
|
|
|
$
|
255,509.48
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,657,512.56
|
|
|
Interest - Class A-2b Notes
|
$
|
69,872.32
|
|
|
$
|
69,872.32
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,587,640.24
|
|
|
Interest - Class A-3 Notes
|
$
|
2,046,840.00
|
|
|
$
|
2,046,840.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,540,800.24
|
|
|
Interest - Class A-4 Notes
|
$
|
405,420.00
|
|
|
$
|
405,420.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,135,380.24
|
|
|
First Priority Principal Payment
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,135,380.24
|
|
|
Interest - Class B Notes
|
$
|
192,638.00
|
|
|
$
|
192,638.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,942,742.24
|
|
|
Second Priority Principal Payment
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,942,742.24
|
|
|
Interest - Class C Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,942,742.24
|
|
|
Reserve Account Deposit
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,942,742.24
|
|
|
Regular Principal Payment
|
$
|
34,321,490.42
|
|
|
$
|
34,321,490.42
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
1,621,251.82
|
|
|
Additional Trustee and Other Fees/Expenses
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
1,621,251.82
|
|
|
Residual Released to Depositor
|
$
|
0.00
|
|
|
$
|
1,621,251.82
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
Total
|
|
|
$
|
39,650,615.42
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal Payment:
|
|
|
|
|
|
|
|
|
|
|
First Priority Principal Payment
|
|
|
|
|
|
|
|
|
$
|
0.00
|
|
|
Second Priority Principal Payment
|
|
|
|
|
|
|
|
|
$
|
0.00
|
|
|
Regular Principal Payment
|
|
|
|
|
|
|
|
|
$
|
34,321,490.42
|
|
|
Total
|
|
|
|
|
|
|
|
|
$
|
34,321,490.42
|
|
|
|
|
|
|
|
|
|
|
|
|
IV. NOTEHOLDER PAYMENTS
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
$
|
26,269,338.95
|
|
|
$
|
64.42
|
|
|
$
|
255,509.48
|
|
|
$
|
0.63
|
|
|
$
|
26,524,848.43
|
|
|
$
|
65.05
|
|
|
Class A-2b Notes
|
$
|
8,052,151.47
|
|
|
$
|
64.42
|
|
|
$
|
69,872.32
|
|
|
$
|
0.56
|
|
|
$
|
8,122,023.79
|
|
|
$
|
64.98
|
|
|
Class A-3 Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
2,046,840.00
|
|
|
$
|
3.84
|
|
|
$
|
2,046,840.00
|
|
|
$
|
3.84
|
|
|
Class A-4 Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
405,420.00
|
|
|
$
|
3.88
|
|
|
$
|
405,420.00
|
|
|
$
|
3.88
|
|
|
Class B Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
192,638.00
|
|
|
$
|
4.07
|
|
|
$
|
192,638.00
|
|
|
$
|
4.07
|
|
|
Class C Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
Total
|
$
|
34,321,490.42
|
|
|
$
|
21.74
|
|
|
$
|
2,970,279.80
|
|
|
$
|
1.88
|
|
|
$
|
37,291,770.22
|
|
|
$
|
23.62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Page 2
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
May 2026
|
|
Payment Date
|
6/15/2026
|
|
Transaction Month
|
19
|
|
V. NOTE BALANCE AND POOL INFORMATION
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
$
|
66,799,862.83
|
|
|
0.1638055
|
|
$
|
40,530,523.88
|
|
|
0.0993882
|
|
Class A-2b Notes
|
$
|
20,475,681.35
|
|
|
0.1638055
|
|
$
|
12,423,529.88
|
|
|
0.0993882
|
|
Class A-3 Notes
|
$
|
532,800,000.00
|
|
|
1.0000000
|
|
$
|
532,800,000.00
|
|
|
1.0000000
|
|
Class A-4 Notes
|
$
|
104,400,000.00
|
|
|
1.0000000
|
|
$
|
104,400,000.00
|
|
|
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
|
$
|
803,415,544.18
|
|
|
0.5088322
|
|
$
|
769,094,053.76
|
|
|
0.4870952
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Information
|
|
|
|
|
Weighted Average APR
|
4.890
|
%
|
|
4.900
|
%
|
|
Weighted Average Remaining Term
|
42.91
|
|
42.14
|
|
Number of Receivables Outstanding
|
29,823
|
|
29,101
|
|
Pool Balance
|
$
|
885,112,059.44
|
|
|
$
|
848,444,082.54
|
|
|
Adjusted Pool Balance (Pool Balance - YSOC Amount)
|
$
|
834,994,492.74
|
|
|
$
|
800,673,002.32
|
|
|
Pool Factor
|
0.5257979
|
|
0.5040154
|
|
|
|
|
|
VI. OVERCOLLATERALIZATION INFORMATION
|
|
|
|
|
|
|
|
Specified Reserve Balance
|
$
|
3,947,368.57
|
|
|
Yield Supplement Overcollateralization Amount
|
$
|
47,771,080.22
|
|
|
Targeted Overcollateralization Amount
|
$
|
79,350,028.78
|
|
|
Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance)
|
$
|
79,350,028.78
|
|
|
|
|
VII. RECONCILIATION OF RESERVE ACCOUNT
|
|
|
|
|
|
|
|
Beginning Reserve Account Balance
|
$
|
3,947,368.57
|
|
|
Reserve Account Deposits Made
|
$
|
0.00
|
|
|
Reserve Account Draw Amount
|
$
|
0.00
|
|
|
Ending Reserve Account Balance
|
$
|
3,947,368.57
|
|
|
Change in Reserve Account Balance
|
$
|
0.00
|
|
|
Specified Reserve Balance
|
$
|
3,947,368.57
|
|
|
|
|
Page 3
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
May 2026
|
|
Payment Date
|
6/15/2026
|
|
Transaction Month
|
19
|
|
VIII. NET LOSS AND DELINQUENT RECEIVABLES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
# of Receivables
|
|
Amount
|
|
Current Collection Period Loss:
|
|
|
|
|
|
|
Realized Loss (Charge-Offs)
|
|
|
50
|
|
$
|
534,742.66
|
|
|
(Recoveries)
|
|
|
48
|
|
$
|
110,821.60
|
|
|
Net Loss for Current Collection Period
|
|
|
|
|
$
|
423,921.06
|
|
|
Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized)
|
|
|
|
|
0.5747
|
%
|
|
|
|
|
|
|
|
|
Prior and Current Collection Periods Average Loss:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Net Loss to the Average Pool Balance (annualized)
|
|
|
|
|
|
|
Third Prior Collection Period
|
|
|
|
|
0.7266
|
%
|
|
Second Prior Collection Period
|
|
0.6315
|
%
|
|
Prior Collection Period
|
|
|
|
|
0.6964
|
%
|
|
Current Collection Period
|
|
|
|
|
0.5869
|
%
|
|
Four Month Average (Current and Prior Three Collection Periods)
|
|
|
|
|
0.6603
|
%
|
|
|
|
|
|
|
|
|
Cumulative Loss:
|
|
|
|
|
|
|
Cumulative Realized Loss (Charge-Offs)
|
|
|
1,303
|
|
$
|
9,654,486.96
|
|
|
(Cumulative Recoveries)
|
|
|
|
|
$
|
1,050,285.24
|
|
|
Cumulative Net Loss for All Collection Periods
|
|
|
|
|
$
|
8,604,201.72
|
|
|
Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance
|
|
|
|
0.5111
|
%
|
|
|
|
|
|
|
|
|
Average Realized Loss for Receivables that have experienced a Realized Loss
|
|
|
|
|
$
|
7,409.43
|
|
|
Average Net Loss for Receivables that have experienced a Realized Loss
|
|
|
|
|
$
|
6,603.38
|
|
|
|
|
|
|
|
|
|
|
% of EOP Pool Balance
|
|
# of Receivables
|
|
Amount
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
31-60 Days Delinquent
|
1.00
|
%
|
|
226
|
|
$
|
8,486,360.66
|
|
|
61-90 Days Delinquent
|
0.17
|
%
|
|
32
|
|
$
|
1,417,675.94
|
|
|
91-120 Days Delinquent
|
0.03
|
%
|
|
7
|
|
$
|
221,229.10
|
|
|
Over 120 Days Delinquent
|
0.08
|
%
|
|
16
|
|
$
|
643,801.63
|
|
|
Total Delinquent Receivables
|
1.27
|
%
|
|
281
|
|
$
|
10,769,067.33
|
|
|
|
|
Repossession Inventory:
|
|
|
|
|
|
|
Repossessed in the Current Collection Period
|
|
|
21
|
|
$
|
850,397.63
|
|
|
Total Repossessed Inventory
|
|
|
37
|
|
$
|
1,594,596.65
|
|
|
|
|
|
|
|
|
|
Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables:
|
|
|
|
Second Prior Collection Period
|
|
|
|
|
0.1863
|
%
|
|
Prior Collection Period
|
|
|
|
|
0.2045
|
%
|
|
Current Collection Period
|
|
|
|
|
0.1890
|
%
|
|
Three Month Average
|
|
|
|
|
0.1933
|
%
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
0.2690
|
%
|
|
Delinquency Trigger Occurred
|
|
|
|
|
No
|
Page 4
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
May 2026
|
|
Payment Date
|
6/15/2026
|
|
Transaction Month
|
19
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Receivables Granted Extensions in the Current Collection Period:
|
# of Receivables
|
Amount
|
|
|
|
|
|
|
|
1 Month Extended
|
|
|
65
|
$2,608,740.01
|
|
2 Months Extended
|
|
|
105
|
$4,415,868.46
|
|
3+ Months Extended
|
|
|
19
|
$775,980.26
|
|
|
|
|
|
|
|
Total Receivables Extended
|
189
|
$7,800,588.73
|
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
Page 5