Toyota Auto Receivables 2025-C 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-C 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 Scheduled Payment Date |
Beginning Principal Balance |
Beginning Principal Factor |
First Priority Principal Distribution Amount |
Second
Priority |
Regular Principal Distribution Amount |
Ending
Principal |
Ending Principal Factor |
|||||||||||||||||||||||||||
| A-1 | $431,100,000.00 | 8/17/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $315,800,000.00 | 6/15/28 | $120,173,420.56 | 0.3805365 | $0.00 | $13,676,782.89 | $7,713,505.92 | $98,783,131.75 | 0.3128028 | |||||||||||||||||||||||||||
| A-2b | $345,400,000.00 | 6/15/28 | $131,437,300.40 | 0.3805365 | $0.00 | $14,958,710.61 | $8,436,494.44 | $108,042,095.35 | 0.3128028 | |||||||||||||||||||||||||||
| A-3 | $661,200,000.00 | 3/15/30 | $661,200,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $661,200,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-4 | $99,000,000.00 | 1/15/31 | $99,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $99,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $47,500,000.00 | 2/17/32 | $47,500,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $47,500,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| Total | $1,900,000,000.00 | $1,059,310,720.96 | $0.00 | $28,635,493.50 | $16,150,000.36 | $1,014,525,227.10 | 0.5339606 | |||||||||||||||||||||||||||||
| Class | Interest Rate |
Interest Amount |
Prior Carryover |
Interest
Distribution |
Current Carryover |
Total Principal & Interest Distribution |
||||||||||||||||||||
| A-1 | 4.44000% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 4.29000% | $429,619.98 | $0.00 | $429,619.98 | $0.00 | $21,819,908.79 | ||||||||||||||||||||
| A-2b | 3.94850% | $432,483.48 | $0.00 | $432,483.48 | $0.00 | $23,827,688.53 | ||||||||||||||||||||
| A-3 | 4.11000% | $2,264,610.00 | $0.00 | $2,264,610.00 | $0.00 | $2,264,610.00 | ||||||||||||||||||||
| A-4 | 4.19000% | $345,675.00 | $0.00 | $345,675.00 | $0.00 | $345,675.00 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
| Total | $3,472,388.46 | $0.00 | $3,472,388.46 | $0.00 | $48,257,882.32 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,750,000.10 |
Beginning Period Amount |
$43,782,996.78 | |||||||
|
Specified Reserve Account Amount |
$4,750,000.10 |
Increase/(Decrease) |
$(2,768,122.67 | ) | ||||||
|
Beginning Balance |
$4,750,000.10 |
Ending Period Amount |
$41,014,874.11 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$19,570,955.02 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,750,000.10 |
Adjusted Pool Balance |
$1,030,675,227.46 | |||||||
|
Reserve Account Required Amount |
$4,750,000.10 |
Total Note Balance |
$1,014,525,227.10 | |||||||
|
Reserve Account Release to Seller |
$0.00 |
Ending Overcollateralization Amount |
$16,150,000.36 | |||||||
|
Ending Reserve Account Balance |
$4,750,000.10 |
Overcollateralization Target Amount |
$16,150,000.36 | |||||||
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-C 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 |
31 | 510 | 479 | 433 | 395 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$978,853.17 | $15,880,679.51 | $14,901,826.34 | $13,450,224.23 | $12,262,072.64 | |||||||||||||||
|
Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(6,655.69 | ) | $(6,655.69 | ) | $(6,655.69 | ) | $(6,655.69 | ) | |||||||||||
|
Net Liquidation Proceeds Received During the Collection Period |
$(173,445.70 | ) | $(4,303,414.42 | ) | $(4,129,968.72 | ) | $(3,974,039.98 | ) | $(3,643,249.80 | ) | ||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(419,269.16 | ) | $(4,146,565.21 | ) | $(3,727,296.05 | ) | $(3,341,818.73 | ) | $(2,782,377.20 | ) | ||||||||||
|
Net Credit Losses |
$386,138.31 | $7,424,044.19 | $7,037,905.88 | $6,127,709.83 | $5,829,789.95 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.74047% | 0.69546% | 0.62868% | 0.57350% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
486 | 448 | 402 | 364 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.49789% | 0.46331% | 0.39595% | 0.36977% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
464 | 438 | 399 | 368 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$7,438,824.86 | $7,051,206.51 | $6,136,204.35 | $5,836,309.05 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$16,031.95 | $16,098.65 | $15,378.96 | $15,859.54 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.37086% | 0.35157% | 0.30610% | 0.29122% | ||||||||||||||||
|
Repossessed in Current Period |
22 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$2,001,858,571.86 | $1,119,243,718.10 | $1,071,690,101.57 | |||||||||||||
|
Number of Contracts |
68,875 | 50,673 | 49,565 | |||||||||||||
|
Weighted Average APR |
5.85% | 5.88% | 5.88% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
54.57 | 41.16 | 40.27 | |||||||||||||
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-C 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 |
$30,446,991.02 | |||
|
Prepayments in Full |
$16,127,772.34 | |||
|
Interest Payments Received |
$5,444,061.86 | |||
|
Aggregate Net Liquidation Proceeds |
$592,714.86 | |||
|
Interest on Repurchased Contracts |
$0.00 | |||
|
Total Collections |
$52,611,540.08 | |||
|
Principal of Repurchased Contracts |
$0.00 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$0.00 | |||
|
Total Available Collections |
$52,611,540.08 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$932,703.10 | $932,703.10 | $0.00 | |||||||
|
Trustee and Other Fees/Expenses (capped at $300,000.00 per calendar year) |
||||||||||
|
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 |
|||||||
|
Interest - Class A-1 Notes |
$0.00 | $0.00 | $0.00 | |||||||
|
Interest - Class A-2a Notes |
$429,619.98 | $429,619.98 | $0.00 | |||||||
|
Interest - Class A-2b Notes |
$432,483.48 | $432,483.48 | $0.00 | |||||||
|
Interest - Class A-3 Notes |
$2,264,610.00 | $2,264,610.00 | $0.00 | |||||||
|
Interest - Class A-4 Notes |
$345,675.00 | $345,675.00 | $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 |
$28,635,493.50 | $28,635,493.50 | $0.00 | |||||||
|
Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
|
Regular Principal Distribution Amount |
$16,150,000.36 | $16,150,000.36 | $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 |
$3,420,954.66 | $3,420,954.66 | 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-C 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 |
$429,619.98 | $1.36 | $21,390,288.81 | $67.73 | $21,819,908.79 | $69.09 | ||||||||||||||||||||||||||||
|
Class A-2b Notes |
$432,483.48 | $1.25 | $23,395,205.05 | $67.73 | $23,827,688.53 | $68.98 | ||||||||||||||||||||||||||||
|
Class A-3 Notes |
$2,264,610.00 | $3.43 | $0.00 | $0.00 | $2,264,610.00 | $3.43 | ||||||||||||||||||||||||||||
|
Class A-4 Notes |
$345,675.00 | $3.49 | $0.00 | $0.00 | $345,675.00 | $3.49 | ||||||||||||||||||||||||||||
|
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 |
0.77% | 384 | 1.01% | $10,837,399.49 | ||||||||||||
|
60-89 Days Delinquent |
0.30% | 150 | 0.41% | $4,436,930.53 | ||||||||||||
|
90-119 Days Delinquent |
0.08% | 41 | 0.11% | $1,172,392.54 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.15% | 575 | 1.53% | $16,446,722.56 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.07% | 1.44% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.06% | 1.43% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
0.98% | 1.28% | ||||||||||||||
|
Receivables Pool Balance |
$1,071,690,101.57 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.52% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.95% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
|
Repossessed Vehicle Inventory* |
23 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-C 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-C 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]