Ford Credit Auto Owner Trust 2024-C
08/24/2026 | Press release | Distributed by Public on 08/24/2026 07:41
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| Collection Period | July 2026 | ||||
| Payment Date | 8/17/2026 | ||||
| Transaction Month | 23 | ||||
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 | $ | 1,688,795,240.91 | 42,975 | 57.2 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 330,000,000.00 | 4.922 | % | October 15, 2025 | ||||||||||||
| Class A-2a Notes | $ | 300,000,000.00 | 4.32 | % | August 15, 2027 | ||||||||||||
| Class A-2b Notes | $ | 245,000,000.00 | 4.02539 | % | * | August 15, 2027 | |||||||||||
| Class A-3 Notes | $ | 545,000,000.00 | 4.07 | % | July 15, 2029 | ||||||||||||
| Class A-4 Notes | $ | 80,000,000.00 | 4.11 | % | July 15, 2030 | ||||||||||||
| Class B Notes | $ | 47,370,000.00 | 4.40 | % | August 15, 2030 | ||||||||||||
| Class C Notes | $ | 31,570,000.00 | 0.00 | % | March 15, 2032 | ||||||||||||
| Total | $ | 1,578,940,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.40% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 3,090,752.89 | |||
| Principal: | |||||
| Principal Collections | $ | 22,337,734.26 | |||
| Prepayments in Full | $ | 13,597,749.75 | |||
| Liquidation Proceeds | $ | 645,990.28 | |||
| Recoveries | $ | 16,660.55 | |||
| Sub Total | $ | 36,598,134.84 | |||
| Collections | $ | 39,688,887.73 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 44,947.35 | |||
| Purchase Amounts Related to Interest | $ | 171.84 | |||
| Sub Total | $ | 45,119.19 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 39,734,006.92 | |||
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Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| Collection Period | July 2026 | ||||
| Payment Date | 8/17/2026 | ||||
| Transaction Month | 23 | ||||
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 | $ | 39,734,006.92 | |||||||||||||||||||
| Servicing Fee | $ | 625,486.80 | $ | 625,486.80 | $ | 0.00 | $ | 0.00 | $ | 39,108,520.12 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 39,108,520.12 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 39,108,520.12 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 39,108,520.12 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 1,751,115.26 | $ | 1,751,115.26 | $ | 0.00 | $ | 0.00 | $ | 37,357,404.86 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 274,000.00 | $ | 274,000.00 | $ | 0.00 | $ | 0.00 | $ | 37,083,404.86 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 37,083,404.86 | |||||||||||||||||||
| Interest - Class B Notes | $ | 173,690.00 | $ | 173,690.00 | $ | 0.00 | $ | 0.00 | $ | 36,909,714.86 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 36,909,714.86 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 36,909,714.86 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 36,909,714.86 | |||||||||||||||||||
| Regular Principal Payment | $ | 30,010,082.40 | $ | 30,010,082.40 | $ | 0.00 | $ | 0.00 | $ | 6,899,632.46 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 6,899,632.46 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 6,899,632.46 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 39,734,006.92 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 30,010,082.40 | |||||||||||||||||||||||||||
| Total | $ | 30,010,082.40 | |||||||||||||||||||||||||||
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 | $ | 30,010,082.40 | $ | 55.06 | $ | 1,751,115.26 | $ | 3.21 | $ | 31,761,197.66 | $ | 58.27 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 274,000.00 | $ | 3.43 | $ | 274,000.00 | $ | 3.43 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 173,690.00 | $ | 3.67 | $ | 173,690.00 | $ | 3.67 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Total | $ | 30,010,082.40 | $ | 19.01 | $ | 2,198,805.26 | $ | 1.39 | $ | 32,208,887.66 | $ | 20.40 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| Collection Period | July 2026 | ||||
| Payment Date | 8/17/2026 | ||||
| Transaction Month | 23 | ||||
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 | $ | 516,299,338.59 | 0.9473382 | $ | 486,289,256.19 | 0.8922739 | |||||||||||||||||
| Class A-4 Notes | $ | 80,000,000.00 | 1.0000000 | $ | 80,000,000.00 | 1.0000000 | |||||||||||||||||
| Class B Notes | $ | 47,370,000.00 | 1.0000000 | $ | 47,370,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 31,570,000.00 | 1.0000000 | $ | 31,570,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 675,239,338.59 | 0.4276536 | $ | 645,229,256.19 | 0.4086471 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 4.902 | % | 4.909 | % | |||||||
| Weighted Average Remaining Term | 39.95 | 39.16 | |||||||||
| Number of Receivables Outstanding | 27,570 | 26,734 | |||||||||
| Pool Balance | $ | 750,584,157.34 | $ | 713,338,334.31 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 706,818,295.89 | $ | 676,808,213.49 | |||||||
| Pool Factor | 0.4444495 | 0.4223948 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 3,947,369.66 | |||
| Yield Supplement Overcollateralization Amount | $ | 36,530,120.82 | |||
| Targeted Overcollateralization Amount | $ | 68,109,078.12 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 68,109,078.12 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 3,947,369.66 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 3,947,369.66 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 3,947,369.66 | |||
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Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| Collection Period | July 2026 | ||||
| Payment Date | 8/17/2026 | ||||
| Transaction Month | 23 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 80 | $ | 619,401.39 | ||||||||||||||
| (Recoveries) | 49 | $ | 16,660.55 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 602,740.84 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.9636 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.1012 | % | |||||||||||||||
| Second Prior Collection Period | 0.2251 | % | |||||||||||||||
| Prior Collection Period | 0.3980 | % | |||||||||||||||
| Current Collection Period | 0.9882 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.4281 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 1,579 | $ | 9,712,793.71 | ||||||||||||||
| (Cumulative Recoveries) | $ | 1,292,570.28 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 8,420,223.43 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.4986 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 6,151.23 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 5,332.63 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 1.26 | % | 239 | $ | 9,000,961.79 | ||||||||||||
| 61-90 Days Delinquent | 0.17 | % | 34 | $ | 1,203,997.22 | ||||||||||||
| 91-120 Days Delinquent | 0.04 | % | 10 | $ | 312,422.15 | ||||||||||||
| Over 120 Days Delinquent | 0.05 | % | 10 | $ | 344,970.40 | ||||||||||||
| Total Delinquent Receivables | 1.52 | % | 293 | $ | 10,862,351.56 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 10 | $ | 413,553.81 | ||||||||||||||
| Total Repossessed Inventory | 31 | $ | 1,406,798.27 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.1553 | % | |||||||||||||||
| Prior Collection Period | 0.1596 | % | |||||||||||||||
| Current Collection Period | 0.2020 | % | |||||||||||||||
| Three Month Average | 0.1723 | % | |||||||||||||||
| 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 | 0.2609 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2024-C
Monthly Investor Report
| Collection Period | July 2026 | ||||
| Payment Date | 8/17/2026 | ||||
| Transaction Month | 23 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 66 | $2,425,241.02 | ||||||||||||
| 2 Months Extended | 136 | $4,889,240.40 | ||||||||||||
| 3+ Months Extended | 20 | $849,428.13 | ||||||||||||
| Total Receivables Extended | 222 | $8,163,909.55 | ||||||||||||
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
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Ford Credit Auto Owner Trust 2024-C published this content on August 24, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 24, 2026 at 13:41 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]