World Omni Auto Receivables Trust 2023-D

01/29/2026 | Press release | Distributed by Public on 01/29/2026 06:15

Asset-Backed Issuer Distribution Report (Form 10-D)

World Omni Auto Receivables Trust 2023-D
Monthly Servicer Certificate
December 31, 2025
Dates Covered
Collections Period 12/01/25 - 12/31/25
Interest Accrual Period 12/15/25 - 01/14/26
30/360 Days 30
Actual/360 Days 31
Distribution Date 01/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 11/30/25 358,356,217.65 19,556
Yield Supplement Overcollateralization Amount 11/30/25 26,171,065.40 0
Receivables Balance 11/30/25 384,527,283.05 19,556
Principal Payments 18,705,189.02 509
Defaulted Receivables 736,042.02 37
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 12/31/25 24,333,756.15 0
Pool Balance at 12/31/25 340,752,295.86 19,010
Pool Statistics $ Amount # of Accounts
Pool Factor 32.62 %
Prepayment ABS Speed 1.46 %
Aggregate Starting Principal Balance 1,119,368,245.46 42,446
Delinquent Receivables:
Past Due 31-60 days 8,127,358.55 318
Past Due 61-90 days 2,093,925.99 76
Past Due 91-120 days 580,350.63 22
Past Due 121+ days 0.00 0
Total 10,801,635.17 416
Total 31+ Delinquent as % Aggregate Ending Principal Balance 2.96 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.73 %
Delinquency Trigger Occurred NO
Recoveries 491,692.53
Aggregate Net Losses/(Gains) - December 2025 244,349.49
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.76 %
Prior Net Losses/(Gains) Ratio 0.40 %
Second Prior Net Losses/(Gains) Ratio -0.02 %
Third Prior Net Losses/(Gains) Ratio 1.09 %
Four Month Average 0.56 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.69 %
Overcollateralization Target Amount 5,009,268.48
Actual Overcollateralization 5,009,268.48
Weighted Average Contract Rate 6.39 %
Weighted Average Contract Rate, Yield Adjusted 10.97 %
Weighted Average Remaining Term 39.37
Flow of Funds $ Amount
Collections 21,299,330.23
Investment Earnings on Cash Accounts 11,302.68
Servicing Fee (320,439.40 )
Transfer to Collection Account -
Available Funds 20,990,193.51
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 1,490,466.03
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 153,556.50
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 78,479.50
(7) Noteholders' Third Priority Principal Distributable Amount 12,594,653.31
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 5,009,268.48
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 1,663,769.69
Total Distributions of Available Funds 20,990,193.51
Servicing Fee 320,439.40
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 954,260,000.00
Original Class B 30,060,000.00
Original Class C 15,020,000.00
Total Class A, B, & C
Note Balance @ 12/15/25 353,346,949.17
Principal Paid 17,603,921.79
Note Balance @ 01/15/26 335,743,027.38
Class A-1
Note Balance @ 12/15/25 0.00
Principal Paid 0.00
Note Balance @ 01/15/26 0.00
Note Factor @ 01/15/26 0.0000000 %
Class A-2a
Note Balance @ 12/15/25 0.00
Principal Paid 0.00
Note Balance @ 01/15/26 0.00
Note Factor @ 01/15/26 0.0000000 %
Class A-2b
Note Balance @ 12/15/25 0.00
Principal Paid 0.00
Note Balance @ 01/15/26 0.00
Note Factor @ 01/15/26 0.0000000 %
Class A-3
Note Balance @ 12/15/25 246,706,949.17
Principal Paid 17,603,921.79
Note Balance @ 01/15/26 229,103,027.38
Note Factor @ 01/15/26 72.0903170 %
Class A-4
Note Balance @ 12/15/25 61,560,000.00
Principal Paid 0.00
Note Balance @ 01/15/26 61,560,000.00
Note Factor @ 01/15/26 100.0000000 %
Class B
Note Balance @ 12/15/25 30,060,000.00
Principal Paid 0.00
Note Balance @ 01/15/26 30,060,000.00
Note Factor @ 01/15/26 100.0000000 %
Class C
Note Balance @ 12/15/25 15,020,000.00
Principal Paid 0.00
Note Balance @ 01/15/26 15,020,000.00
Note Factor @ 01/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 1,722,502.03
Total Principal Paid 17,603,921.79
Total Paid 19,326,423.82
Class A-1
Coupon 5.66800 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 5.91000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.98385 %
Coupon 4.56385 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 5.79000 %
Interest Paid 1,190,361.03
Principal Paid 17,603,921.79
Total Paid to A-3 Holders 18,794,282.82
Class A-4
Coupon 5.85000 %
Interest Paid 300,105.00
Principal Paid 0.00
Total Paid to A-4 Holders 300,105.00
Class B
Coupon 6.13000 %
Interest Paid 153,556.50
Principal Paid 0.00
Total Paid to B Holders 153,556.50
Class C
Coupon 6.27000 %
Interest Paid 78,479.50
Principal Paid 0.00
Total Paid to C Holders 78,479.50
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 1.7236396
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 17.6155481
Total Distribution Amount 19.3391877
A-1 Interest Distribution Amount 0.0000000
A-1 Interest Carryover Shortfall 0.0000000
A-1 Principal Distribution Amount 0.0000000
Total A-1 Distribution Amount 0.0000000
A-2a Interest Distribution Amount 0.0000000
A-2a Interest Carryover Shortfall 0.0000000
A-2a Principal Distribution Amount 0.0000000
Total A-2a Distribution Amount 0.0000000
A-2b Interest Distribution Amount 0.0000000
A-2b Interest Carryover Shortfall 0.0000000
A-2b Principal Distribution Amount 0.0000000
Total A-2b Distribution Amount 0.0000000
A-3 Interest Distribution Amount 3.7456294
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 55.3930830
Total A-3 Distribution Amount 59.1387124
A-4 Interest Distribution Amount 4.8750000
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 4.8750000
B Interest Distribution Amount 5.1083333
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 5.1083333
C Interest Distribution Amount 5.2250000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 5.2250000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 715.45
Noteholders' Principal Distributable Amount 284.55
Account Balances $ Amount
Reserve Account
Balance as of 12/15/25 2,504,634.24
Investment Earnings 7,616.99
Investment Earnings Paid (7,616.99 )
Deposit/(Withdrawal) -
Balance as of 01/15/26 2,504,634.24
Change -
Required Reserve Amount 2,504,634.24
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 2,678,848.25 3,046,281.08 3,026,605.35
Number of Extensions 102 118 108
Ratio of extensions to Beginning of Period Receivables Balance 0.70 % 0.76 % 0.72 %
World Omni Auto Receivables Trust 2023-D published this content on January 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 29, 2026 at 12:15 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]