Toyota Auto Receivables 2024-D Owner Trust
06/26/2026 | Press release | Distributed by Public on 06/26/2026 08:57
Asset-Backed Issuer Distribution Report (Form 10-D)
Servicer's Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
31 |
Actual/360 Days |
31 |
| Class |
Initial Principal Balance |
Final Scheduled Payment Date |
Beginning Principal Balance |
Beginning Principal Factor |
First Priority Principal Distribution Amount |
Second Priority Principal Distribution Amount |
Regular Principal Distribution Amount |
Ending Principal Balance |
Ending Principal Factor |
|||||||||||||||||||||||||||
| A-1 | $349,000,000.00 | 10/15/25 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $265,000,000.00 | 8/16/27 | $3,590,881.97 | 0.0135505 | $0.00 | $3,590,881.97 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2b | $397,500,000.00 | 8/16/27 | $5,386,322.96 | 0.0135505 | $0.00 | $5,386,322.96 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-3 | $597,500,000.00 | 6/15/29 | $597,500,000.00 | 1.0000000 | $0.00 | $13,731,717.48 | $14,875,000.01 | $568,893,282.51 | 0.9521226 | |||||||||||||||||||||||||||
| A-4 | $97,250,000.00 | 4/15/30 | $97,250,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $97,250,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $43,750,000.00 | 4/15/31 | $43,750,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $43,750,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| Total | $1,750,000,000.00 | $747,477,204.93 | $0.00 | $22,708,922.41 | $14,875,000.01 | $709,893,282.51 | 0.4056533 | |||||||||||||||||||||||||||||
| Class | Interest Rate |
Interest Distributable Amount |
Prior Interest Carryover |
Interest Distribution Amount |
Current Interest Carryover |
Total Principal & Interest Distribution |
||||||||||||||||||||
| A-1 | 4.79100% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 4.55000% | $13,615.43 | $0.00 | $13,615.43 | $0.00 | $3,604,497.40 | ||||||||||||||||||||
| A-2b | 4.03285% | $18,705.26 | $0.00 | $18,705.26 | $0.00 | $5,405,028.22 | ||||||||||||||||||||
| A-3 | 4.40000% | $2,190,833.33 | $0.00 | $2,190,833.33 | $0.00 | $30,797,550.82 | ||||||||||||||||||||
| A-4 | 4.43000% | $359,014.58 | $0.00 | $359,014.58 | $0.00 | $359,014.58 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
| Total | $2,582,168.60 | $0.00 | $2,582,168.60 | $0.00 | $40,166,091.02 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,375,000.00 |
Beginning Period Amount |
$25,965,175.45 | |||||||
|
Specified Reserve Account Amount |
$4,375,000.00 |
Increase/(Decrease) |
$(1,957,584.76 | ) | ||||||
|
Beginning Balance |
$4,375,000.00 |
Ending Period Amount |
$24,007,590.69 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$17,084,042.38 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,375,000.00 |
Adjusted Pool Balance |
$724,768,282.52 | |||||||
|
Reserve Account Required Amount |
$4,375,000.00 |
Total Note Balance |
$709,893,282.51 | |||||||
|
Reserve Account Release to Seller |
$0.00 |
Ending Overcollateralization Amount |
$14,875,000.01 | |||||||
|
Ending Reserve Account Balance |
$4,375,000.00 |
Overcollateralization Target Amount |
$14,875,000.01 | |||||||
Page 1 of 5
Servicer's Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
31 |
Actual/360 Days |
31 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
|
Number of Liquidated Receivables |
32 | 573 | 541 | 503 | 472 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$933,613.30 | $16,139,981.85 | $15,206,368.55 | $14,174,830.71 | $13,300,958.49 | |||||||||||||||
|
Principal of Repurchased Contracts, previously charged-off |
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||
|
Net Liquidation Proceeds Received During the Collection Period |
$(177,352.94 | ) | $(3,391,636.91 | ) | $(3,214,283.97 | ) | $(3,147,821.95 | ) | $(2,868,955.52 | ) | ||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(364,439.73 | ) | $(5,288,619.73 | ) | $(4,924,180.00 | ) | $(4,616,977.99 | ) | $(4,273,776.92 | ) | ||||||||||
|
Net Credit Losses |
$391,820.63 | $7,459,725.21 | $7,067,904.58 | $6,410,030.77 | $6,158,226.05 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.82583% | 0.77971% | 0.72494% | 0.68026% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
543 | 512 | 478 | 449 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.60657% | 0.56369% | 0.50142% | 0.47254% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
506 | 478 | 447 | 422 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$7,480,297.40 | $7,087,179.86 | $6,425,768.01 | $6,173,435.73 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$14,783.20 | $14,826.74 | $14,375.32 | $14,628.99 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.40500% | 0.38372% | 0.34801% | 0.33434% | ||||||||||||||||
|
Repossessed in Current Period |
9 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,841,920,697.79 | $788,317,380.39 | $748,775,873.21 | |||||||||||||
|
Number of Contracts |
69,385 | 43,762 | 42,708 | |||||||||||||
|
Weighted Average APR |
5.96% | 6.09% | 6.10% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
53.37 | 35.83 | 34.98 | |||||||||||||
Page 2 of 5
Servicer's Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
31 |
Actual/360 Days |
31 |
Collections
|
Principal Payments Received |
$25,458,705.57 | |||
|
Prepayments in Full |
$13,119,568.26 | |||
|
Interest Payments Received |
$3,881,892.71 | |||
|
Aggregate Net Liquidation Proceeds |
$541,792.67 | |||
|
Interest on Repurchased Contracts |
$485.28 | |||
|
Total Collections |
$43,002,444.49 | |||
|
Principal of Repurchased Contracts |
$29,620.05 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$29,620.05 | |||
|
Total Available Collections |
$43,032,064.54 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$656,931.15 | $656,931.15 | $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 |
$13,615.43 | $13,615.43 | $0.00 | |||||||
|
Interest - Class A-2b Notes |
$18,705.26 | $18,705.26 | $0.00 | |||||||
|
Interest - Class A-3 Notes |
$2,190,833.33 | $2,190,833.33 | $0.00 | |||||||
|
Interest - Class A-4 Notes |
$359,014.58 | $359,014.58 | $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 |
$22,708,922.41 | $22,708,922.41 | $0.00 | |||||||
|
Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
|
Regular Principal Distribution Amount |
$14,875,000.01 | $14,875,000.01 | $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 |
$2,209,042.37 | $2,209,042.37 | N/A | |||||||
Page 3 of 5
Servicer's Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
31 |
Actual/360 Days |
31 |
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 |
$13,615.43 | $0.05 | $3,590,881.97 | $13.55 | $3,604,497.40 | $13.60 | ||||||||||||||||||||||||||||
|
Class A-2b Notes |
$18,705.26 | $0.05 | $5,386,322.96 | $13.55 | $5,405,028.22 | $13.60 | ||||||||||||||||||||||||||||
|
Class A-3 Notes |
$2,190,833.33 | $3.67 | $28,606,717.49 | $47.88 | $30,797,550.82 | $51.55 | ||||||||||||||||||||||||||||
|
Class A-4 Notes |
$359,014.58 | $3.69 | $0.00 | $0.00 | $359,014.58 | $3.69 | ||||||||||||||||||||||||||||
|
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 |
0.84% | 358 | 1.18% | $8,805,764.24 | ||||||||||||
|
60-89 Days Delinquent |
0.24% | 103 | 0.35% | $2,614,293.54 | ||||||||||||
|
90-119 Days Delinquent |
0.10% | 43 | 0.16% | $1,177,408.74 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.18% | 504 | 1.69% | $12,597,466.52 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.02% | 1.47% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.02% | 1.43% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
1.09% | 1.54% | ||||||||||||||
|
Receivables Pool Balance |
$748,775,873.21 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.51% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.95% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? No |
||||||||||||||||
|
Repossessed Vehicle Inventory* |
14 vehicles | |||||||
|
* Included with Delinquencies Above |
||||||||
Page 4 of 5
Servicer's Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2024-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 2024-D Owner Trust published this content on June 26, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 26, 2026 at 14:57 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]