Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
August 2026
|
|
Payment Date
|
9/15/2026
|
|
Transaction Month
|
27
|
|
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
|
$
|
1,999,478,618.95
|
|
|
53,438
|
|
|
57.0 months
|
|
|
|
|
|
|
|
|
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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
|
|
|
4.03650
|
%
|
*
|
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
|
$
|
2,918,557.01
|
|
|
|
|
|
Principal:
|
|
|
Principal Collections
|
$
|
22,408,343.24
|
|
|
Prepayments in Full
|
$
|
11,539,510.57
|
|
|
Liquidation Proceeds
|
$
|
361,643.05
|
|
|
Recoveries
|
$
|
104,892.66
|
|
|
Sub Total
|
$
|
34,414,389.52
|
|
|
Collections
|
$
|
37,332,946.53
|
|
|
|
|
|
Purchase Amounts:
|
|
|
Purchase Amounts Related to Principal
|
$
|
134,208.28
|
|
|
Purchase Amounts Related to Interest
|
$
|
699.28
|
|
|
Sub Total
|
$
|
134,907.56
|
|
|
|
|
|
Clean-up Call
|
$
|
0.00
|
|
|
|
|
|
Reserve Account Draw Amount
|
$
|
0.00
|
|
|
|
|
|
Available Funds - Total
|
$
|
37,467,854.09
|
|
Page 1
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
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Collection Period
|
August 2026
|
|
Payment Date
|
9/15/2026
|
|
Transaction Month
|
27
|
|
III. DISTRIBUTIONS
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Calculated Amount
|
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Amount Paid
|
|
Shortfall
|
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Carryover Shortfall
|
|
Remaining Available Funds
|
|
Trustee and Other Fees/Expenses
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
37,467,854.09
|
|
|
Servicing Fee
|
$
|
596,554.28
|
|
|
$
|
596,554.28
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,871,299.81
|
|
|
Interest - Class A-1 Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,871,299.81
|
|
|
Interest - Class A-2a Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,871,299.81
|
|
|
Interest - Class A-2b Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,871,299.81
|
|
|
Interest - Class A-3 Notes
|
$
|
1,878,564.04
|
|
|
$
|
1,878,564.04
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
34,992,735.77
|
|
|
Interest - Class A-4 Notes
|
$
|
385,846.67
|
|
|
$
|
385,846.67
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
34,606,889.10
|
|
|
First Priority Principal Payment
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
34,606,889.10
|
|
|
Interest - Class B Notes
|
$
|
240,841.50
|
|
|
$
|
240,841.50
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
34,366,047.60
|
|
|
Second Priority Principal Payment
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
34,366,047.60
|
|
|
Interest - Class C Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
34,366,047.60
|
|
|
Reserve Account Deposit
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
34,366,047.60
|
|
|
Regular Principal Payment
|
$
|
32,194,326.37
|
|
|
$
|
32,194,326.37
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
2,171,721.23
|
|
|
Additional Trustee and Other Fees/Expenses
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
2,171,721.23
|
|
|
Residual Released to Depositor
|
$
|
0.00
|
|
|
$
|
2,171,721.23
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
Total
|
|
|
$
|
37,467,854.09
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal Payment:
|
|
|
|
|
|
|
|
|
|
|
First Priority Principal Payment
|
|
|
|
|
|
|
|
|
$
|
0.00
|
|
|
Second Priority Principal Payment
|
|
|
|
|
|
|
|
|
$
|
0.00
|
|
|
Regular Principal Payment
|
|
|
|
|
|
|
|
|
$
|
32,194,326.37
|
|
|
Total
|
|
|
|
|
|
|
|
|
$
|
32,194,326.37
|
|
|
|
|
|
|
|
|
|
|
|
|
IV. NOTEHOLDER PAYMENTS
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|
|
|
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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
|
$
|
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
|
$
|
32,194,326.37
|
|
|
$
|
49.28
|
|
|
$
|
1,878,564.04
|
|
|
$
|
2.88
|
|
|
$
|
34,072,890.41
|
|
|
$
|
52.16
|
|
|
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
|
$
|
32,194,326.37
|
|
|
$
|
17.48
|
|
|
$
|
2,505,252.21
|
|
|
$
|
1.36
|
|
|
$
|
34,699,578.58
|
|
|
$
|
18.84
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Page 2
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
August 2026
|
|
Payment Date
|
9/15/2026
|
|
Transaction Month
|
27
|
|
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
|
$
|
0.00
|
|
|
0.0000000
|
|
$
|
0.00
|
|
|
0.0000000
|
|
Class A-2b Notes
|
$
|
0.00
|
|
|
0.0000000
|
|
$
|
0.00
|
|
|
0.0000000
|
|
Class A-3 Notes
|
$
|
442,015,067.95
|
|
|
0.6765882
|
|
$
|
409,820,741.58
|
|
|
0.6273087
|
|
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
|
$
|
627,455,067.95
|
|
|
0.3406213
|
|
$
|
595,260,741.58
|
|
|
0.3231442
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Information
|
|
|
|
|
Weighted Average APR
|
4.881
|
%
|
|
4.897
|
%
|
|
Weighted Average Remaining Term
|
37.30
|
|
36.57
|
|
Number of Receivables Outstanding
|
29,080
|
|
28,238
|
|
Pool Balance
|
$
|
715,865,140.24
|
|
|
$
|
680,976,444.61
|
|
|
Adjusted Pool Balance (Pool Balance - YSOC Amount)
|
$
|
664,297,044.22
|
|
|
$
|
632,102,717.85
|
|
|
Pool Factor
|
0.3580259
|
|
0.3405770
|
|
|
|
|
|
VI. OVERCOLLATERALIZATION INFORMATION
|
|
|
|
|
|
|
|
Specified Reserve Balance
|
$
|
4,605,247.03
|
|
|
Yield Supplement Overcollateralization Amount
|
$
|
48,873,726.76
|
|
|
Targeted Overcollateralization Amount
|
$
|
85,715,703.03
|
|
|
Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance)
|
$
|
85,715,703.03
|
|
|
|
|
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
|
|
|
|
|
Page 3
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
August 2026
|
|
Payment Date
|
9/15/2026
|
|
Transaction Month
|
27
|
|
VIII. NET LOSS AND DELINQUENT RECEIVABLES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
# of Receivables
|
|
Amount
|
|
Current Collection Period Loss:
|
|
|
|
|
|
|
Realized Loss (Charge-Offs)
|
|
|
78
|
|
$
|
444,990.49
|
|
|
(Recoveries)
|
|
|
102
|
|
$
|
104,892.66
|
|
|
Net Loss for Current Collection Period
|
|
|
|
|
$
|
340,097.83
|
|
|
Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized)
|
|
|
|
|
0.5701
|
%
|
|
|
|
|
|
|
|
|
Prior and Current Collection Periods Average Loss:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Net Loss to the Average Pool Balance (annualized)
|
|
|
|
|
|
|
Third Prior Collection Period
|
|
|
|
|
0.3220
|
%
|
|
Second Prior Collection Period
|
|
0.9321
|
%
|
|
Prior Collection Period
|
|
|
|
|
0.9532
|
%
|
|
Current Collection Period
|
|
|
|
|
0.5843
|
%
|
|
Four Month Average (Current and Prior Three Collection Periods)
|
|
|
|
|
0.6979
|
%
|
|
|
|
|
|
|
|
|
Cumulative Loss:
|
|
|
|
|
|
|
Cumulative Realized Loss (Charge-Offs)
|
|
|
2,356
|
|
$
|
15,152,231.81
|
|
|
(Cumulative Recoveries)
|
|
|
|
|
$
|
2,368,093.76
|
|
|
Cumulative Net Loss for All Collection Periods
|
|
|
|
|
$
|
12,784,138.05
|
|
|
Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance
|
|
|
|
0.6394
|
%
|
|
|
|
|
|
|
|
|
Average Realized Loss for Receivables that have experienced a Realized Loss
|
|
|
|
|
$
|
6,431.34
|
|
|
Average Net Loss for Receivables that have experienced a Realized Loss
|
|
|
|
|
$
|
5,426.20
|
|
|
|
|
|
|
|
|
|
|
% of EOP Pool Balance
|
|
# of Receivables
|
|
Amount
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
31-60 Days Delinquent
|
1.28
|
%
|
|
246
|
|
$
|
8,698,766.46
|
|
|
61-90 Days Delinquent
|
0.24
|
%
|
|
45
|
|
$
|
1,604,993.52
|
|
|
91-120 Days Delinquent
|
0.03
|
%
|
|
5
|
|
$
|
217,034.18
|
|
|
Over 120 Days Delinquent
|
0.06
|
%
|
|
10
|
|
$
|
391,292.33
|
|
|
Total Delinquent Receivables
|
1.60
|
%
|
|
306
|
|
$
|
10,912,086.49
|
|
|
|
|
Repossession Inventory:
|
|
|
|
|
|
|
Repossessed in the Current Collection Period
|
|
|
24
|
|
$
|
1,072,031.80
|
|
|
Total Repossessed Inventory
|
|
|
43
|
|
$
|
1,710,190.40
|
|
|
|
|
|
|
|
|
|
Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables:
|
|
|
|
Second Prior Collection Period
|
|
|
|
|
0.2127
|
%
|
|
Prior Collection Period
|
|
|
|
|
0.2098
|
%
|
|
Current Collection Period
|
|
|
|
|
0.2125
|
%
|
|
Three Month Average
|
|
|
|
|
0.2117
|
%
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
0.3250
|
%
|
|
Delinquency Trigger Occurred
|
|
|
|
|
No
|
Page 4
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
August 2026
|
|
Payment Date
|
9/15/2026
|
|
Transaction Month
|
27
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Receivables Granted Extensions in the Current Collection Period:
|
# of Receivables
|
Amount
|
|
|
|
|
|
|
|
1 Month Extended
|
|
|
89
|
$3,126,457.85
|
|
|
2 Months Extended
|
|
|
117
|
$3,884,389.97
|
|
|
3+ Months Extended
|
|
|
26
|
$916,521.72
|
|
|
|
|
|
|
|
|
Total Receivables Extended
|
232
|
$7,927,369.54
|
|
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