World Omni Auto Receivables Trust 2024-C

12/29/2025 | Press release | Distributed by Public on 12/29/2025 11:21

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

World Omni Auto Receivables Trust 2024-C

Monthly Servicer Certificate

November 30, 2025

Dates Covered
Collections Period 11/01/25 - 11/30/25
Interest Accrual Period 11/17/25 - 12/14/25
30/360 Days 30
Actual/360 Days 28
Distribution Date 12/15/25
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 10/31/25 653,967,101.87 29,775
Yield Supplement Overcollateralization Amount 10/31/25 44,246,861.56 0
Receivables Balance 10/31/25 698,213,963.43 29,775
Principal Payments 27,386,950.93 1,310
Defaulted Receivables 1,568,047.39 58
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 11/30/25 41,789,931.11 0
Pool Balance at 11/30/25 627,469,034.00 28,407
Pool Statistics $ Amount # of Accounts
Pool Factor 50.99 %
Prepayment ABS Speed 1.60 %
Aggregate Starting Principal Balance 1,312,595,946.50 46,537
Delinquent Receivables:
Past Due 31-60 days 11,918,918.82 407
Past Due 61-90 days 4,013,277.36 136
Past Due 91-120 days 1,010,728.98 33
Past Due 121+ days 0.00 0
Total 16,942,925.16 576
Total 31+ Delinquent as % Aggregate Ending Principal Balance 2.53 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.75 %
Delinquency Trigger Occurred NO
Recoveries 893,808.89
Aggregate Net Losses/(Gains) - November 2025 674,238.50
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 1.16 %
Prior Net Losses/(Gains) Ratio 0.75 %
Second Prior Net Losses/(Gains) Ratio 0.42 %
Third Prior Net Losses/(Gains) Ratio 1.11 %
Four Month Average 0.86 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.65 %
Overcollateralization Target Amount 6,052,770.45
Actual Overcollateralization 6,052,770.45
Weighted Average Contract Rate 6.76 %
Weighted Average Contract Rate, Yield Adjusted 10.27 %
Weighted Average Remaining Term 48.90
Flow of Funds $ Amount
Collections 31,965,936.65
Investment Earnings on Cash Accounts 13,138.46
Servicing Fee (581,844.97 )
Transfer to Collection Account -
Available Funds 31,397,230.14
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 2,199,716.18
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 141,648.00
(5) Noteholders' Second Priority Principal Distributable Amount 2,285,297.42
(6) Class C Interest 73,094.00
(7) Noteholders' Third Priority Principal Distributable Amount 18,160,000.00
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 6,052,770.45
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 2,484,704.09
Total Distributions of Available Funds 31,397,230.14
Servicing Fee 581,844.97
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 1,156,070,000.00
Original Class B 36,320,000.00
Original Class C 18,160,000.00
Total Class A, B, & C
Note Balance @ 11/17/25 647,914,331.42
Principal Paid 26,498,067.87
Note Balance @ 12/15/25 621,416,263.55
Class A-1
Note Balance @ 11/17/25 0.00
Principal Paid 0.00
Note Balance @ 12/15/25 0.00
Note Factor @ 12/15/25 0.0000000 %
Class A-2a
Note Balance @ 11/17/25 55,306,580.00
Principal Paid 11,372,561.32
Note Balance @ 12/15/25 43,934,018.68
Note Factor @ 12/15/25 21.9670093 %
Class A-2b
Note Balance @ 11/17/25 73,557,751.42
Principal Paid 15,125,506.55
Note Balance @ 12/15/25 58,432,244.87
Note Factor @ 12/15/25 21.9670093 %
Class A-3
Note Balance @ 11/17/25 403,000,000.00
Principal Paid 0.00
Note Balance @ 12/15/25 403,000,000.00
Note Factor @ 12/15/25 100.0000000 %
Class A-4
Note Balance @ 11/17/25 61,570,000.00
Principal Paid 0.00
Note Balance @ 12/15/25 61,570,000.00
Note Factor @ 12/15/25 100.0000000 %
Class B
Note Balance @ 11/17/25 36,320,000.00
Principal Paid 0.00
Note Balance @ 12/15/25 36,320,000.00
Note Factor @ 12/15/25 100.0000000 %
Class C
Note Balance @ 11/17/25 18,160,000.00
Principal Paid 0.00
Note Balance @ 12/15/25 18,160,000.00
Note Factor @ 12/15/25 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 2,414,458.18
Total Principal Paid 26,498,067.87
Total Paid 28,912,526.05
Class A-1
Coupon 5.36900 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 4.78000 %
Interest Paid 220,304.54
Principal Paid 11,372,561.32
Total Paid to A-2a Holders 11,592,865.86
Class A-2b
SOFR Rate 4.14202 %
Coupon 4.61202 %
Interest Paid 263,860.97
Principal Paid 15,125,506.55
Total Paid to A-2b Holders 15,389,367.52
Class A-3
Coupon 4.43000 %
Interest Paid 1,487,741.67
Principal Paid 0.00
Total Paid to A-3 Holders 1,487,741.67
Class A-4
Coupon 4.44000 %
Interest Paid 227,809.00
Principal Paid 0.00
Total Paid to A-4 Holders 227,809.00
Class B
Coupon 4.68000 %
Interest Paid 141,648.00
Principal Paid 0.00
Total Paid to B Holders 141,648.00
Class C
Coupon 4.83000 %
Interest Paid 73,094.00
Principal Paid 0.00
Total Paid to C Holders 73,094.00
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 1.9945134
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 21.8892800
Total Distribution Amount 23.8837934
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 1.1015227
A-2a Interest Carryover Shortfall 0.0000000
A-2a Principal Distribution Amount 56.8628066
Total A-2a Distribution Amount 57.9643293
A-2b Interest Distribution Amount 0.9919585
A-2b Interest Carryover Shortfall 0.0000000
A-2b Principal Distribution Amount 56.8628066
Total A-2b Distribution Amount 57.8547651
A-3 Interest Distribution Amount 3.6916667
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 0.0000000
Total A-3 Distribution Amount 3.6916667
A-4 Interest Distribution Amount 3.7000000
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 3.7000000
B Interest Distribution Amount 3.9000000
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 3.9000000
C Interest Distribution Amount 4.0250000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 4.0250000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 86.25
Noteholders' Third Priority Principal Distributable Amount 685.33
Noteholders' Principal Distributable Amount 228.42
Account Balances $ Amount
Reserve Account
Balance as of 11/17/25 3,026,385.22
Investment Earnings 9,329.50
Investment Earnings Paid (9,329.50 )
Deposit/(Withdrawal) -
Balance as of 12/15/25 3,026,385.22
Change -
Required Reserve Amount 3,026,385.22
World Omni Auto Receivables Trust 2024-C published this content on December 29, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 29, 2025 at 17:21 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]