Ford Credit Auto Owner Trust 2024-A
03/19/2026 | Press release | Distributed by Public on 03/19/2026 08:41
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 24 | ||||
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 | $ | 1,696,683,364.30 | 46,551 | 55.8 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 305,000,000.00 | 5.524 | % | April 15, 2025 | ||||||||||||
| Class A-2a Notes | $ | 150,000,000.00 | 5.32 | % | January 15, 2027 | ||||||||||||
| Class A-2b Notes | $ | 410,000,000.00 | 4.01819 | % | * | January 15, 2027 | |||||||||||
| Class A-3 Notes | $ | 560,000,000.00 | 5.09 | % | December 15, 2028 | ||||||||||||
| Class A-4 Notes | $ | 75,000,000.00 | 5.01 | % | September 15, 2029 | ||||||||||||
| Class B Notes | $ | 47,350,000.00 | 5.26 | % | November 15, 2029 | ||||||||||||
| Class C Notes | $ | 31,560,000.00 | 0.00 | % | September 15, 2031 | ||||||||||||
| Total | $ | 1,578,910,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.36% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 2,824,307.01 | |||
| Principal: | |||||
| Principal Collections | $ | 20,613,992.57 | |||
| Prepayments in Full | $ | 8,882,990.04 | |||
| Liquidation Proceeds | $ | 353,260.87 | |||
| Recoveries | $ | 101,463.72 | |||
| Sub Total | $ | 29,951,707.20 | |||
| Collections | $ | 32,776,014.21 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 76,271.80 | |||
| Purchase Amounts Related to Interest | $ | 239.92 | |||
| Sub Total | $ | 76,511.72 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 32,852,525.93 | |||
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Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 24 | ||||
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 | $ | 32,852,525.93 | |||||||||||||||||||
| Servicing Fee | $ | 579,597.71 | $ | 579,597.71 | $ | 0.00 | $ | 0.00 | $ | 32,272,928.22 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 32,272,928.22 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 32,272,928.22 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 32,272,928.22 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 1,958,486.51 | $ | 1,958,486.51 | $ | 0.00 | $ | 0.00 | $ | 30,314,441.71 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 313,125.00 | $ | 313,125.00 | $ | 0.00 | $ | 0.00 | $ | 30,001,316.71 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 30,001,316.71 | |||||||||||||||||||
| Interest - Class B Notes | $ | 207,550.83 | $ | 207,550.83 | $ | 0.00 | $ | 0.00 | $ | 29,793,765.88 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 29,793,765.88 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 29,793,765.88 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 29,793,765.88 | |||||||||||||||||||
| Regular Principal Payment | $ | 27,723,109.05 | $ | 27,723,109.05 | $ | 0.00 | $ | 0.00 | $ | 2,070,656.83 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,070,656.83 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 2,070,656.83 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 32,852,525.93 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 27,723,109.05 | |||||||||||||||||||||||||||
| Total | $ | 27,723,109.05 | |||||||||||||||||||||||||||
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 | $ | 27,723,109.05 | $ | 49.51 | $ | 1,958,486.51 | $ | 3.50 | $ | 29,681,595.56 | $ | 53.01 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 313,125.00 | $ | 4.18 | $ | 313,125.00 | $ | 4.18 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 207,550.83 | $ | 4.38 | $ | 207,550.83 | $ | 4.38 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Total | $ | 27,723,109.05 | $ | 17.56 | $ | 2,479,162.34 | $ | 1.57 | $ | 30,202,271.39 | $ | 19.13 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 24 | ||||
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 | $ | 461,725,700.91 | 0.8245102 | $ | 434,002,591.86 | 0.7750046 | |||||||||||||||||
| Class A-4 Notes | $ | 75,000,000.00 | 1.0000000 | $ | 75,000,000.00 | 1.0000000 | |||||||||||||||||
| Class B Notes | $ | 47,350,000.00 | 1.0000000 | $ | 47,350,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 31,560,000.00 | 1.0000000 | $ | 31,560,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 615,635,700.91 | 0.3899118 | $ | 587,912,591.86 | 0.3723535 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 5.154 | % | 5.183 | % | |||||||
| Weighted Average Remaining Term | 38.60 | 37.89 | |||||||||
| Number of Receivables Outstanding | 28,214 | 27,506 | |||||||||
| Pool Balance | $ | 695,517,246.12 | $ | 665,097,465.74 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 653,699,454.78 | $ | 625,520,049.03 | |||||||
| Pool Factor | 0.4099275 | 0.3919986 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 3,947,285.02 | |||
| Yield Supplement Overcollateralization Amount | $ | 39,577,416.71 | |||
| Targeted Overcollateralization Amount | $ | 77,184,873.88 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 77,184,873.88 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 3,947,285.02 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 3,947,285.02 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 3,947,285.02 | |||
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Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 24 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 76 | $ | 493,265.10 | ||||||||||||||
| (Recoveries) | 52 | $ | 101,463.72 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 391,801.38 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.6760 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.6897 | % | |||||||||||||||
| Second Prior Collection Period | 0.6976 | % | |||||||||||||||
| Prior Collection Period | 0.8284 | % | |||||||||||||||
| Current Collection Period | 0.6911 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.7267 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 1,836 | $ | 9,162,430.88 | ||||||||||||||
| (Cumulative Recoveries) | $ | 1,125,199.29 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 8,037,231.59 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.4737 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 4,990.43 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 4,377.58 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 1.07 | % | 203 | $ | 7,145,853.55 | ||||||||||||
| 61-90 Days Delinquent | 0.17 | % | 30 | $ | 1,106,833.22 | ||||||||||||
| 91-120 Days Delinquent | 0.04 | % | 10 | $ | 242,166.23 | ||||||||||||
| Over 120 Days Delinquent | 0.07 | % | 11 | $ | 465,669.25 | ||||||||||||
| Total Delinquent Receivables | 1.35 | % | 254 | $ | 8,960,522.25 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 14 | $ | 510,302.03 | ||||||||||||||
| Total Repossessed Inventory | 27 | $ | 984,322.76 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.2456 | % | |||||||||||||||
| Prior Collection Period | 0.2623 | % | |||||||||||||||
| Current Collection Period | 0.1854 | % | |||||||||||||||
| Three Month Average | 0.2311 | % | |||||||||||||||
| 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 | 0.2728 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2024-A
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 24 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 76 | $2,693,080.01 | ||||||||||||
| 2 Months Extended | 105 | $3,906,554.50 | ||||||||||||
| 3+ Months Extended | 36 | $1,155,380.25 | ||||||||||||
| Total Receivables Extended | 217 | $7,755,014.76 | ||||||||||||
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-A published this content on March 19, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 19, 2026 at 14:42 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]