Ford Credit Auto Owner Trust 2024-B
10/21/2026 | Press release | Distributed by Public on 10/21/2026 07:53
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 28 | ||||
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 | 4.04850 | % | * | 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 | $ | 2,765,381.73 | |||
| Principal: | |||||
| Principal Collections | $ | 21,676,775.96 | |||
| Prepayments in Full | $ | 11,008,226.83 | |||
| Liquidation Proceeds | $ | 338,383.93 | |||
| Recoveries | $ | 174,348.55 | |||
| Sub Total | $ | 33,197,735.27 | |||
| Collections | $ | 35,963,117.00 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 233,040.76 | |||
| Purchase Amounts Related to Interest | $ | 1,655.68 | |||
| Sub Total | $ | 234,696.44 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 36,197,813.44 | |||
Page 1
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 28 | ||||
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 | $ | 36,197,813.44 | |||||||||||||||||||
| Servicing Fee | $ | 567,480.37 | $ | 567,480.37 | $ | 0.00 | $ | 0.00 | $ | 35,630,333.07 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 35,630,333.07 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 35,630,333.07 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 35,630,333.07 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 1,741,738.15 | $ | 1,741,738.15 | $ | 0.00 | $ | 0.00 | $ | 33,888,594.92 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 385,846.67 | $ | 385,846.67 | $ | 0.00 | $ | 0.00 | $ | 33,502,748.25 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 33,502,748.25 | |||||||||||||||||||
| Interest - Class B Notes | $ | 240,841.50 | $ | 240,841.50 | $ | 0.00 | $ | 0.00 | $ | 33,261,906.75 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 33,261,906.75 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 33,261,906.75 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 33,261,906.75 | |||||||||||||||||||
| Regular Principal Payment | $ | 31,024,951.75 | $ | 31,024,951.75 | $ | 0.00 | $ | 0.00 | $ | 2,236,955.00 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,236,955.00 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 2,236,955.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 36,197,813.44 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 31,024,951.75 | |||||||||||||||||||||||||||
| Total | $ | 31,024,951.75 | |||||||||||||||||||||||||||
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 | $ | 31,024,951.75 | $ | 47.49 | $ | 1,741,738.15 | $ | 2.67 | $ | 32,766,689.90 | $ | 50.16 | |||||||||||||||||||||||
| 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 | $ | 31,024,951.75 | $ | 16.84 | $ | 2,368,426.32 | $ | 1.29 | $ | 33,393,378.07 | $ | 18.13 | |||||||||||||||||||||||
Page 2
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 28 | ||||
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 | $ | 409,820,741.58 | 0.6273087 | $ | 378,795,789.83 | 0.5798191 | |||||||||||||||||
| 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 | $ | 595,260,741.58 | 0.3231442 | $ | 564,235,789.83 | 0.3063020 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 4.897 | % | 4.912 | % | |||||||
| Weighted Average Remaining Term | 36.57 | 35.83 | |||||||||
| Number of Receivables Outstanding | 28,238 | 27,407 | |||||||||
| Pool Balance | $ | 680,976,444.61 | $ | 647,348,588.55 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 632,102,717.85 | $ | 601,077,766.10 | |||||||
| Pool Factor | 0.3405770 | 0.3237587 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 4,605,247.03 | |||
| Yield Supplement Overcollateralization Amount | $ | 46,270,822.45 | |||
| Targeted Overcollateralization Amount | $ | 83,112,798.72 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 83,112,798.72 | |||
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 | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 28 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 64 | $ | 371,428.58 | ||||||||||||||
| (Recoveries) | 87 | $ | 174,348.55 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 197,080.03 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.3473 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.9321 | % | |||||||||||||||
| Second Prior Collection Period | 0.9532 | % | |||||||||||||||
| Prior Collection Period | 0.5843 | % | |||||||||||||||
| Current Collection Period | 0.3561 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.7064 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 2,420 | $ | 15,523,660.39 | ||||||||||||||
| (Cumulative Recoveries) | $ | 2,542,442.31 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 12,981,218.08 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.6492 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 6,414.74 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 5,364.14 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 1.43 | % | 275 | $ | 9,264,133.66 | ||||||||||||
| 61-90 Days Delinquent | 0.28 | % | 44 | $ | 1,826,362.02 | ||||||||||||
| 91-120 Days Delinquent | 0.04 | % | 7 | $ | 290,573.59 | ||||||||||||
| Over 120 Days Delinquent | 0.06 | % | 10 | $ | 378,806.90 | ||||||||||||
| Total Delinquent Receivables | 1.82 | % | 336 | $ | 11,759,876.17 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 18 | $ | 651,098.89 | ||||||||||||||
| Total Repossessed Inventory | 42 | $ | 1,689,620.23 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.2098 | % | |||||||||||||||
| Prior Collection Period | 0.2125 | % | |||||||||||||||
| Current Collection Period | 0.2226 | % | |||||||||||||||
| Three Month Average | 0.2149 | % | |||||||||||||||
| 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 | 0.3855 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
Page 4
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 28 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 78 | $2,742,463.29 | ||||||||||||
| 2 Months Extended | 110 | $3,736,190.46 | ||||||||||||
| 3+ Months Extended | 21 | $594,508.43 | ||||||||||||
| Total Receivables Extended | 209 | $7,073,162.18 | ||||||||||||
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
Ford Credit Auto Owner Trust 2024-B published this content on October 21, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 21, 2026 at 13:53 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]