Ford Credit Auto Owner Trust 2024-B
01/20/2026 | Press release | Distributed by Public on 01/20/2026 08:51
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | December 2025 | ||||
| Payment Date | 1/15/2026 | ||||
| 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
| 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 | 4.38385 % | % | * | 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 | $ | 4,362,850.81 | |||
| Principal: | |||||
| Principal Collections | $ | 30,661,868.47 | |||
| Prepayments in Full | $ | 16,151,893.84 | |||
| Liquidation Proceeds | $ | 565,603.97 | |||
| Recoveries | $ | 269,658.83 | |||
| Sub Total | $ | 47,649,025.11 | |||
| Collections | $ | 52,011,875.92 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 357,892.61 | |||
| Purchase Amounts Related to Interest | $ | 2,070.81 | |||
| Sub Total | $ | 359,963.42 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 52,371,839.34 | |||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | December 2025 | ||||
| Payment Date | 1/15/2026 | ||||
| Transaction Month | 19 | ||||
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 | $ | 52,371,839.34 | |||||||||||||||||||
| Servicing Fee | $ | 874,348.78 | $ | 874,348.78 | $ | 0.00 | $ | 0.00 | $ | 51,497,490.56 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 51,497,490.56 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 215,983.58 | $ | 215,983.58 | $ | 0.00 | $ | 0.00 | $ | 51,281,506.98 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 184,911.61 | $ | 184,911.61 | $ | 0.00 | $ | 0.00 | $ | 51,096,595.37 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 2,776,525.00 | $ | 2,776,525.00 | $ | 0.00 | $ | 0.00 | $ | 48,320,070.37 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 385,846.67 | $ | 385,846.67 | $ | 0.00 | $ | 0.00 | $ | 47,934,223.70 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 47,934,223.70 | |||||||||||||||||||
| Interest - Class B Notes | $ | 240,841.50 | $ | 240,841.50 | $ | 0.00 | $ | 0.00 | $ | 47,693,382.20 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 47,693,382.20 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 47,693,382.20 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 47,693,382.20 | |||||||||||||||||||
| Regular Principal Payment | $ | 44,765,209.06 | $ | 44,765,209.06 | $ | 0.00 | $ | 0.00 | $ | 2,928,173.14 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,928,173.14 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 2,928,173.14 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 52,371,839.34 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 44,765,209.06 | |||||||||||||||||||||||||||
| Total | $ | 44,765,209.06 | |||||||||||||||||||||||||||
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 | $ | 22,154,787.40 | $ | 68.52 | $ | 215,983.58 | $ | 0.67 | $ | 22,370,770.98 | $ | 69.19 | |||||||||||||||||||||||
| Class A-2b Notes | $ | 22,610,421.66 | $ | 68.52 | $ | 184,911.61 | $ | 0.56 | $ | 22,795,333.27 | $ | 69.08 | |||||||||||||||||||||||
| Class A-3 Notes | $ | 0.00 | $ | 0.00 | $ | 2,776,525.00 | $ | 4.25 | $ | 2,776,525.00 | $ | 4.25 | |||||||||||||||||||||||
| 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 | $ | 44,765,209.06 | $ | 24.30 | $ | 3,804,108.36 | $ | 2.07 | $ | 48,569,317.42 | $ | 26.37 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | December 2025 | ||||
| Payment Date | 1/15/2026 | ||||
| Transaction Month | 19 | ||||
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 | $ | 47,996,352.12 | 0.1484347 | $ | 25,841,564.72 | 0.0799182 | |||||||||||||||||
| Class A-2b Notes | $ | 48,983,442.71 | 0.1484347 | $ | 26,373,021.05 | 0.0799182 | |||||||||||||||||
| Class A-3 Notes | $ | 653,300,000.00 | 1.0000000 | $ | 653,300,000.00 | 1.0000000 | |||||||||||||||||
| 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 | $ | 935,719,794.83 | 0.5079664 | $ | 890,954,585.77 | 0.4836651 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 4.765 % | % | 4.782 % | % | |||||||
| Weighted Average Remaining Term | 43.11 | 42.42 | |||||||||
| Number of Receivables Outstanding | 36,775 | 35,791 | |||||||||
| Pool Balance | $ | 1,049,218,534.60 | $ | 1,000,960,482.98 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 972,561,771.10 | $ | 927,796,562.04 | |||||||
| Pool Factor | 0.5247461 | 0.5006107 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 4,605,247.03 | |||
| Yield Supplement Overcollateralization Amount | $ | 73,163,920.94 | |||
| Targeted Overcollateralization Amount | $ | 110,005,897.21 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 110,005,897.21 | |||
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 | |||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | December 2025 | ||||
| Payment Date | 1/15/2026 | ||||
| Transaction Month | 19 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 88 | $ | 520,792.73 | ||||||||||||||
| (Recoveries) | 70 | $ | 269,658.83 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 251,133.90 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.2872 % | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.5829 % | % | |||||||||||||||
| Second Prior Collection Period | 0.8113 % | % | |||||||||||||||
| Prior Collection Period | 0.4223 % | % | |||||||||||||||
| Current Collection Period | 0.2940 % | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.5276 % | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 1,699 | $ | 10,410,750.73 | ||||||||||||||
| (Cumulative Recoveries) | $ | 1,378,370.17 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 9,032,380.56 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.4517 % | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 6,127.58 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 5,316.29 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 1.05 % | % | 268 | $ | 10,515,726.97 | ||||||||||||
| 61-90 Days Delinquent | 0.23 % | % | 59 | $ | 2,327,600.67 | ||||||||||||
| 91-120 Days Delinquent | 0.03 % | % | 8 | $ | 267,482.05 | ||||||||||||
| Over 120 Days Delinquent | 0.06 % | % | 12 | $ | 565,527.13 | ||||||||||||
| Total Delinquent Receivables | 1.37 % | % | 347 | $ | 13,676,336.82 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 17 | $ | 713,773.32 | ||||||||||||||
| Total Repossessed Inventory | 31 | $ | 1,210,259.53 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.1488 % | % | |||||||||||||||
| Prior Collection Period | 0.1713 % | % | |||||||||||||||
| Current Collection Period | 0.2207 % | % | |||||||||||||||
| Three Month Average | 0.1803 % | % | |||||||||||||||
| 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 | 0.3158 % | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | December 2025 | ||||
| Payment Date | 1/15/2026 | ||||
| Transaction Month | 19 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 172 | $6,539,186.64 | ||||||||||||
| 2 Months Extended | 214 | $8,929,542.84 | ||||||||||||
| 3+ Months Extended | 42 | $1,539,979.49 | ||||||||||||
| Total Receivables Extended | 428 | $17,008,708.97 | ||||||||||||
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 7, 2025 | ||
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
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Ford Credit Auto Owner Trust 2024-B published this content on January 20, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 20, 2026 at 14:51 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]