Ford Credit Auto Owner Trust 2024-D
12/18/2025 | Press release | Distributed by Public on 12/18/2025 07:13
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 13 | ||||
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 | $ | 1,683,369,242.22 | 41,794 | 57.2 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 330,000,000.00 | 4.604 | % | December 15, 2025 | ||||||||||||
| Class A-2a Notes | $ | 407,800,000.00 | 4.59 | % | October 15, 2027 | ||||||||||||
| Class A-2b Notes | $ | 125,000,000.00 | 4.46202 | % | * | October 15, 2027 | |||||||||||
| Class A-3 Notes | $ | 532,800,000.00 | 4.61 | % | August 15, 2029 | ||||||||||||
| Class A-4 Notes | $ | 104,400,000.00 | 4.66 | % | September 15, 2030 | ||||||||||||
| Class B Notes | $ | 47,370,000.00 | 4.88 | % | September 15, 2030 | ||||||||||||
| Class C Notes | $ | 31,570,000.00 | 0.00 | % | May 15, 2032 | ||||||||||||
| Total | $ | 1,578,940,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.32% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 4,177,207.43 | |||
| Principal: | |||||
| Principal Collections | $ | 24,773,481.90 | |||
| Prepayments in Full | $ | 12,384,630.87 | |||
| Liquidation Proceeds | $ | 672,787.42 | |||
| Recoveries | $ | 111,387.14 | |||
| Sub Total | $ | 37,942,287.33 | |||
| Collections | $ | 42,119,494.76 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 18,541.38 | |||
| Purchase Amounts Related to Interest | $ | 106.66 | |||
| Sub Total | $ | 18,648.04 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $42,138,142.80 | ||||
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Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 13 | ||||
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 | $ | 42,138,142.80 | |||||||||||||||||||
| Servicing Fee | $ | 941,515.81 | $ | 941,515.81 | $ | 0.00 | $ | 0.00 | $ | 41,196,626.99 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 41,196,626.99 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 934,234.62 | $ | 934,234.62 | $ | 0.00 | $ | 0.00 | $ | 40,262,392.37 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 259,821.06 | $ | 259,821.06 | $ | 0.00 | $ | 0.00 | $ | 40,002,571.31 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 2,046,840.00 | $ | 2,046,840.00 | $ | 0.00 | $ | 0.00 | $ | 37,955,731.31 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 405,420.00 | $ | 405,420.00 | $ | 0.00 | $ | 0.00 | $ | 37,550,311.31 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 37,550,311.31 | |||||||||||||||||||
| Interest - Class B Notes | $ | 192,638.00 | $ | 192,638.00 | $ | 0.00 | $ | 0.00 | $ | 37,357,673.31 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 37,357,673.31 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 37,357,673.31 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 37,357,673.31 | |||||||||||||||||||
| Regular Principal Payment | $ | 38,345,726.35 | $ | 37,357,673.31 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 42,138,142.80 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 37,357,673.31 | |||||||||||||||||||||||||||
| Total | $ | 37,357,673.31 | |||||||||||||||||||||||||||
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 | $ | 28,593,204.16 | $ | 70.12 | $ | 934,234.62 | $ | 2.29 | $ | 29,527,438.78 | $ | 72.41 | |||||||||||||||||||||||
| Class A-2b Notes | $ | 8,764,469.15 | $ | 70.12 | $ | 259,821.06 | $ | 2.08 | $ | 9,024,290.21 | $ | 72.20 | |||||||||||||||||||||||
| Class A-3 Notes | $ | 0.00 | $ | 0.00 | $ | 2,046,840.00 | $ | 3.84 | $ | 2,046,840.00 | $ | 3.84 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 405,420.00 | $ | 3.88 | $ | 405,420.00 | $ | 3.88 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 192,638.00 | $ | 4.07 | $ | 192,638.00 | $ | 4.07 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Total | $ | 37,357,673.31 | $ | 23.66 | $ | 3,838,953.68 | $ | 2.43 | $ | 41,196,626.99 | $ | 26.09 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 13 | ||||
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 | $ | 244,244,344.24 | 0.5989317 | $ | 215,651,140.08 | 0.5288159 | |||||||||||||||||
| Class A-2b Notes | $ | 74,866,461.58 | 0.5989317 | $ | 66,101,992.43 | 0.5288159 | |||||||||||||||||
| Class A-3 Notes | $ | 532,800,000.00 | 1.0000000 | $ | 532,800,000.00 | 1.0000000 | |||||||||||||||||
| Class A-4 Notes | $ | 104,400,000.00 | 1.0000000 | $ | 104,400,000.00 | 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 | $ | 1,035,250,805.82 | 0.6556619 | $ | 997,893,132.51 | 0.6320019 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 4.846 | % | 4.851 | % | |||||||
| Weighted Average Remaining Term | 47.57 | 46.77 | |||||||||
| Number of Receivables Outstanding | 34,045 | 33,427 | |||||||||
| Pool Balance | $ | 1,129,818,974.94 | $ | 1,091,392,213.38 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 1,064,139,792.94 | $ | 1,028,484,028.03 | |||||||
| Pool Factor | 0.6711653 | 0.6483380 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 3,947,368.57 | |||
| Yield Supplement Overcollateralization Amount | $ | 62,908,185.35 | |||
| Targeted Overcollateralization Amount | $ | 94,487,133.91 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 93,499,080.87 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 3,947,368.57 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 3,947,368.57 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 3,947,368.57 | |||
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Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 13 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 71 | $ | 577,319.99 | ||||||||||||||
| (Recoveries) | 18 | $ | 111,387.14 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 465,932.85 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.4949 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.5049 | % | |||||||||||||||
| Second Prior Collection Period | 0.5888 | % | |||||||||||||||
| Prior Collection Period | 0.6587 | % | |||||||||||||||
| Current Collection Period | 0.5034 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.5640 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 879 | $ | 5,916,633.31 | ||||||||||||||
| (Cumulative Recoveries) | $ | 289,723.24 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 5,626,910.07 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.3343 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 6,731.10 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 6,401.49 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 0.94 | % | 235 | $ | 10,257,040.99 | ||||||||||||
| 61-90 Days Delinquent | 0.19 | % | 44 | $ | 2,033,901.45 | ||||||||||||
| 91-120 Days Delinquent | 0.03 | % | 10 | $ | 368,306.35 | ||||||||||||
| Over 120 Days Delinquent | 0.02 | % | 6 | $ | 165,776.84 | ||||||||||||
| Total Delinquent Receivables | 1.18 | % | 295 | $ | 12,825,025.63 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 20 | $ | 906,921.67 | ||||||||||||||
| Total Repossessed Inventory | 32 | $ | 1,573,642.33 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.1642 | % | |||||||||||||||
| Prior Collection Period | 0.1586 | % | |||||||||||||||
| Current Collection Period | 0.1795 | % | |||||||||||||||
| Three Month Average | 0.1674 | % | |||||||||||||||
| 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 | 0.2353 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 13 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 96 | $4,019,770.11 | ||||||||||||
| 2 Months Extended | 176 | $7,930,510.31 | ||||||||||||
| 3+ Months Extended | 32 | $1,416,645.66 | ||||||||||||
| Total Receivables Extended | 304 | $13,366,926.08 | ||||||||||||
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 | ||||
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-D published this content on December 18, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 18, 2025 at 13:13 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]