Toyota Auto Receivables 2025-D Owner Trust
10/28/2026 | Press release | Distributed by Public on 10/28/2026 09:18
Asset-Backed Issuer Distribution Report (Form 10-D)
Servicer's Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2025-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
| Class |
Initial Principal Balance |
Final Payment Date |
Beginning Balance |
Beginning Factor |
First
Distribution |
Second
Distribution |
Regular Principal Amount |
Ending Principal Balance |
Ending Factor |
|||||||||||||||||||||||||||
| A-1 | $384,400,000.00 | 10/15/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $395,000,000.00 | 8/15/28 | $213,820,854.03 | 0.5413186 | $0.00 | $19,923,359.28 | $9,492,947.06 | $184,404,547.69 | 0.4668470 | |||||||||||||||||||||||||||
| A-2b | $277,000,000.00 | 8/15/28 | $149,945,257.13 | 0.5413186 | $0.00 | $13,971,570.94 | $6,657,079.33 | $129,316,606.86 | 0.4668470 | |||||||||||||||||||||||||||
| A-3 | $672,000,000.00 | 6/17/30 | $672,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $672,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-4 | $124,100,000.00 | 2/17/31 | $124,100,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $124,100,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $47,500,000.00 | 5/17/32 | $47,500,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $47,500,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| Total | $1,900,000,000.00 | $1,207,366,111.16 | $0.00 | $33,894,930.22 | $16,150,026.39 | $1,157,321,154.55 | 0.6091164 | |||||||||||||||||||||||||||||
| Class | Interest Rate |
Interest Amount |
Prior Carryover |
Interest
Distribution |
Current Carryover |
Total Principal & Interest Distribution |
||||||||||||||||||||
| A-1 | 4.12100% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 3.89000% | $693,135.94 | $0.00 | $693,135.94 | $0.00 | $30,109,442.28 | ||||||||||||||||||||
| A-2b | 3.96850% | $495,881.46 | $0.00 | $495,881.46 | $0.00 | $21,124,531.73 | ||||||||||||||||||||
| A-3 | 3.84000% | $2,150,400.00 | $0.00 | $2,150,400.00 | $0.00 | $2,150,400.00 | ||||||||||||||||||||
| A-4 | 3.94000% | $407,461.67 | $0.00 | $407,461.67 | $0.00 | $407,461.67 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
| Total | $3,746,879.07 | $0.00 | $3,746,879.07 | $0.00 | $53,791,835.68 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,750,007.76 |
Beginning Period Amount |
$52,223,350.12 | |||||||
|
Specified Reserve Account Amount |
$4,750,007.76 |
Increase/(Decrease) |
$(3,138,557.19 | ) | ||||||
|
Beginning Balance |
$4,750,007.76 |
Ending Period Amount |
$49,084,792.93 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$20,187,879.55 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,750,007.76 |
Adjusted Pool Balance |
$1,173,471,180.94 | |||||||
|
Reserve Account Required Amount |
$4,750,007.76 |
Total Note Balance |
$1,157,321,154.55 | |||||||
|
Reserve Account Release to Seller |
$0.00 |
Ending Overcollateralization Amount |
$16,150,026.39 | |||||||
|
Ending Reserve Account Balance |
$4,750,007.76 |
Overcollateralization Target Amount |
$16,150,026.39 | |||||||
Page 1 of 5
Servicer's Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2025-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
|
Number of Liquidated Receivables |
33 | 415 | 382 | 352 | 307 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$949,737.79 | $13,239,888.77 | $12,290,150.98 | $11,249,914.50 | $9,756,077.85 | |||||||||||||||
|
Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(45,235.79 | ) | $(45,235.79 | ) | $(45,235.79 | ) | $0.00 | ||||||||||||
|
Net Liquidation Proceeds Received During the Collection Period |
$(121,239.79 | ) | $(3,408,430.87 | ) | $(3,287,191.08 | ) | $(3,132,088.38 | ) | $(2,661,899.21 | ) | ||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(495,111.91 | ) | $(3,226,838.64 | ) | $(2,731,726.73 | ) | $(2,232,217.60 | ) | $(1,696,427.23 | ) | ||||||||||
|
Net Credit Losses |
$333,386.09 | $6,559,383.47 | $6,225,997.38 | $5,840,372.73 | $5,397,751.41 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.61207% | 0.56340% | 0.51915% | 0.45278% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
384 | 357 | 319 | 272 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.41664% | 0.38824% | 0.35754% | 0.32439% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
392 | 362 | 335 | 295 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$6,571,339.09 | $6,237,953.00 | $5,849,608.61 | $5,404,577.28 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$16,763.62 | $17,231.91 | $17,461.52 | $18,320.60 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.32817% | 0.31149% | 0.29220% | 0.27005% | ||||||||||||||||
|
Repossessed in Current Period |
17 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,998,775,629.52 | $1,275,739,487.67 | $1,222,555,973.87 | |||||||||||||
|
Number of Contracts |
67,803 | 53,058 | 51,820 | |||||||||||||
|
Weighted Average APR |
5.72% | 5.70% | 5.70% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
54.69 | 43.94 | 43.04 | |||||||||||||
Page 2 of 5
Servicer's Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2025-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
Collections
|
Principal Payments Received |
$32,791,827.07 | |||
|
Prepayments in Full |
$19,384,074.42 | |||
|
Interest Payments Received |
$6,055,380.89 | |||
|
Aggregate Net Liquidation Proceeds |
$616,351.70 | |||
|
Interest on Repurchased Contracts |
$896.48 | |||
|
Total Collections |
$58,848,530.56 | |||
|
Principal of Repurchased Contracts |
$57,874.52 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$57,874.52 | |||
|
Total Available Collections |
$58,906,405.08 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$1,063,116.24 | $1,063,116.24 | $0.00 | |||||||
|
Trustee and Other Fees/Expenses (capped at $300,000.00 per calendar year) |
||||||||||
|
Indenture Trustee |
$5,000.00 |
$5,000.00 |
$0.00 |
|||||||
|
Owner Trustee |
$3,600.00 |
$3,600.00 |
$0.00 |
|||||||
|
Asset Representations Reviewer |
$5,000.00 |
$5,000.00 |
$0.00 |
|||||||
|
Interest - Class A-1 Notes |
$0.00 | $0.00 | $0.00 | |||||||
|
Interest - Class A-2a Notes |
$693,135.94 | $693,135.94 | $0.00 | |||||||
|
Interest - Class A-2b Notes |
$495,881.46 | $495,881.46 | $0.00 | |||||||
|
Interest - Class A-3 Notes |
$2,150,400.00 | $2,150,400.00 | $0.00 | |||||||
|
Interest - Class A-4 Notes |
$407,461.67 | $407,461.67 | $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 |
$33,894,930.22 | $33,894,930.22 | $0.00 | |||||||
|
Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
|
Regular Principal Distribution Amount |
$16,150,026.39 | $16,150,026.39 | $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 |
$4,037,853.16 | $4,037,853.16 | N/A | |||||||
Page 3 of 5
Servicer's Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2025-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
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 |
$693,135.94 | $1.75 | $29,416,306.34 | $74.47 | $30,109,442.28 | $76.22 | ||||||||||||||||||||||||||||
|
Class A-2b Notes |
$495,881.46 | $1.79 | $20,628,650.27 | $74.47 | $21,124,531.73 | $76.26 | ||||||||||||||||||||||||||||
|
Class A-3 Notes |
$2,150,400.00 | $3.20 | $0.00 | $0.00 | $2,150,400.00 | $3.20 | ||||||||||||||||||||||||||||
|
Class A-4 Notes |
$407,461.67 | $3.28 | $0.00 | $0.00 | $407,461.67 | $3.28 | ||||||||||||||||||||||||||||
|
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 |
0.69% | 355 | 0.88% | $10,751,852.79 | ||||||||||||
|
60-89 Days Delinquent |
0.20% | 104 | 0.25% | $3,052,844.39 | ||||||||||||
|
90-119 Days Delinquent |
0.08% | 39 | 0.11% | $1,372,534.24 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
0.97% | 498 | 1.24% | $15,177,231.42 | ||||||||||||
|
Total Delinquencies - Prior Period |
0.84% | 1.03% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
0.81% | 1.02% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
0.75% | 0.94% | ||||||||||||||
|
Receivables Pool Balance |
$1,222,555,973.87 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.36% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.95% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
|
Repossessed Vehicle Inventory* |
21 vehicles | |||||||
|
* Included with Delinquencies Above |
||||||||
Page 4 of 5
Servicer's Certificate
for the Collection Period September 01, 2026 through September 30, 2026
for Payment Date of October 15, 2026
Toyota Auto Receivables 2025-D 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 2025-D Owner Trust published this content on October 28, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 28, 2026 at 15:18 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]