Toyota Auto Receivables 2024-A Owner Trust
09/28/2026 | Press release | Distributed by Public on 09/28/2026 08:26
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 2024-A 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 | $345,000,000.00 | 1/15/25 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $157,500,000.00 | 12/15/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2b | $472,500,000.00 | 12/15/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-3 | $630,000,000.00 | 10/16/28 | $275,744,754.65 | 0.4376901 | $0.00 | $11,609,953.84 | $14,875,000.06 | $249,259,800.75 | 0.3956505 | |||||||||||||||||||||||||||
| A-4 | $101,250,000.00 | 4/16/29 | $101,250,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $101,250,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $43,750,000.00 | 8/15/30 | $43,750,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $43,750,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| Total | $1,750,000,000.00 | $420,744,754.65 | $0.00 | $11,609,953.84 | $14,875,000.06 | $394,259,800.75 | 0.2252913 | |||||||||||||||||||||||||||||
| Class | Interest Rate |
Interest Amount |
Prior Carryover |
Interest
Distribution |
Current Carryover |
Total Principal & Interest Distribution |
||||||||||||||||||||
| A-1 | 5.51900% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 5.13000% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2b | 3.98650% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-3 | 4.83000% | $1,109,872.64 | $0.00 | $1,109,872.64 | $0.00 | $27,594,826.54 | ||||||||||||||||||||
| A-4 | 4.77000% | $402,468.75 | $0.00 | $402,468.75 | $0.00 | $402,468.75 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
| Total | $1,512,341.39 | $0.00 | $1,512,341.39 | $0.00 | $27,997,295.29 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,375,000.02 |
Beginning Period Amount |
$18,286,941.96 | |||||||
|
Specified Reserve Account Amount |
$4,375,000.02 |
Increase/(Decrease) |
$(1,684,154.40 | ) | ||||||
|
Beginning Balance |
$4,375,000.02 |
Ending Period Amount |
$16,602,787.56 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$16,706,242.18 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,375,000.02 |
Adjusted Pool Balance |
$409,134,800.81 | |||||||
|
Reserve Account Required Amount |
$4,375,000.02 |
Total Note Balance |
$394,259,800.75 | |||||||
|
Reserve Account Release to Seller |
$0.00 |
Ending Overcollateralization Amount |
$14,875,000.06 | |||||||
|
Ending Reserve Account Balance |
$4,375,000.02 |
Overcollateralization Target Amount |
$14,875,000.06 | |||||||
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 2024-A 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 |
18 | 1,017 | 999 | 972 | 954 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$357,626.48 | $25,328,908.74 | $24,971,282.26 | $24,360,918.49 | $24,057,214.30 | |||||||||||||||
|
Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(13,698.02 | ) | $(13,698.02 | ) | $(13,698.02 | ) | $(13,698.02 | ) | |||||||||||
|
Net Liquidation Proceeds Received During the Collection Period |
$8,987.96 | $(3,548,559.62 | ) | $(3,557,547.58 | ) | $(3,463,706.64 | ) | $(3,446,323.01 | ) | |||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(205,755.89 | ) | $(11,664,789.54 | ) | $(11,459,033.65 | ) | $(11,107,369.28 | ) | $(10,800,968.05 | ) | ||||||||||
|
Net Credit Losses |
$160,858.55 | $10,101,861.56 | $9,941,003.01 | $9,776,144.55 | $9,796,225.22 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial |
1.41790% | 1.39280% | 1.35516% | 1.33006% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
989 | 964 | 945 | 922 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.95516% | 0.92272% | 0.89079% | 0.87630% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
867 | 854 | 834 | 822 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$10,157,052.62 | $9,994,174.12 | $9,825,577.69 | $9,841,792.91 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$11,715.17 | $11,702.78 | $11,781.27 | $11,972.98 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.52932% | 0.52089% | 0.51225% | 0.51330% | ||||||||||||||||
|
Repossessed in Current Period |
8 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,908,468,799.65 | $453,906,696.67 | $425,737,588.37 | |||||||||||||
|
Number of Contracts |
71,726 | 35,295 | 34,167 | |||||||||||||
|
Weighted Average APR |
5.37% | 5.71% | 5.73% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
54.51 | 26.69 | 25.89 | |||||||||||||
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 2024-A 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 |
$20,264,015.01 | |||
|
Prepayments in Full |
$7,547,466.81 | |||
|
Interest Payments Received |
$2,198,543.24 | |||
|
Aggregate Net Liquidation Proceeds |
$196,767.93 | |||
|
Interest on Repurchased Contracts |
$0.00 | |||
|
Total Collections |
$30,206,792.99 | |||
|
Principal of Repurchased Contracts |
$0.00 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$0.00 | |||
|
Total Available Collections |
$30,206,792.99 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$378,255.58 | $378,255.58 | $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 |
$1,109,872.64 | $1,109,872.64 | $0.00 | |||||||
|
Interest - Class A-4 Notes |
$402,468.75 | $402,468.75 | $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 |
$11,609,953.84 | $11,609,953.84 | $0.00 | |||||||
|
Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
|
Regular Principal Distribution Amount |
$14,875,000.06 | $14,875,000.06 | $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 |
$1,831,242.12 | $1,831,242.12 | 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 2024-A 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 |
$1,109,872.64 | $1.76 | $26,484,953.90 | $42.04 | $27,594,826.54 | $43.80 | ||||||||||||||||||||||||||||
|
Class A-4 Notes |
$402,468.75 | $3.98 | $0.00 | $0.00 | $402,468.75 | $3.98 | ||||||||||||||||||||||||||||
|
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 |
1.07% | 364 | 1.59% | $6,766,407.25 | ||||||||||||
|
60-89 Days Delinquent |
0.35% | 119 | 0.61% | $2,603,766.37 | ||||||||||||
|
90-119 Days Delinquent |
0.07% | 25 | 0.13% | $565,155.46 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.49% | 508 | 2.33% | $9,935,329.08 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.48% | 2.36% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.46% | 2.26% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
1.51% | 2.24% | ||||||||||||||
|
Receivables Pool Balance |
$425,737,588.37 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.74% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.65% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
|
Repossessed Vehicle Inventory* |
9 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 2024-A 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 2024-A 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]