Toyota Auto Receivables 2023-D Owner Trust
08/27/2026 | Press release | Distributed by Public on 08/27/2026 08:40
Asset-Backed Issuer Distribution Report (Form 10-D)
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
| 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 | $310,000,000.00 | 11/15/24 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2a | $312,300,000.00 | 11/16/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-2b | $312,300,000.00 | 11/16/26 | $0.00 | 0.0000000 | $0.00 | $0.00 | $0.00 | $0.00 | 0.0000000 | |||||||||||||||||||||||||||
| A-3 | $554,400,000.00 | 8/15/28 | $261,613,306.95 | 0.4718855 | $0.00 | $11,981,934.66 | $13,600,024.69 | $236,031,347.60 | 0.4257420 | |||||||||||||||||||||||||||
| A-4 | $71,000,000.00 | 3/15/29 | $71,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $71,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $40,000,000.00 | 6/17/30 | $40,000,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $40,000,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| Total | $1,600,000,000.00 | $372,613,306.95 | $0.00 | $11,981,934.66 | $13,600,024.69 | $347,031,347.60 | 0.2168946 | |||||||||||||||||||||||||||||
| Class | Interest Rate |
Interest Distributable Amount |
Prior Interest Carryover |
Interest Distribution Amount |
Current Interest Carryover |
Total Principal & Interest Distribution |
||||||||||||||||||||
| A-1 | 5.60400% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2a | 5.80000% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-2b | 4.17539% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||
| A-3 | 5.54000% | $1,207,781.43 | $0.00 | $1,207,781.43 | $0.00 | $26,789,740.78 | ||||||||||||||||||||
| A-4 | 5.49000% | $324,825.00 | $0.00 | $324,825.00 | $0.00 | $324,825.00 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
| Total | $1,532,606.43 | $0.00 | $1,532,606.43 | $0.00 | $27,114,565.78 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,000,007.26 |
Beginning Period Amount |
$18,738,163.50 | |||||||
|
Specified Reserve Account Amount |
$4,000,007.26 |
Increase/(Decrease) |
$(1,830,153.56 | ) | ||||||
|
Beginning Balance |
$4,000,007.26 |
Ending Period Amount |
$16,908,009.94 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$15,302,641.72 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,000,007.26 |
Adjusted Pool Balance |
$360,631,372.29 | |||||||
|
Reserve Account Required Amount |
$4,000,007.26 |
Total Note Balance |
$347,031,347.60 | |||||||
|
Reserve Account Release to Seller |
$0.00 |
Ending Overcollateralization Amount |
$13,600,024.69 | |||||||
|
Ending Reserve Account Balance |
$4,000,007.26 |
Overcollateralization Target Amount |
$13,600,024.69 | |||||||
Page 1 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
|
Number of Liquidated Receivables |
23 | 965 | 942 | 920 | 901 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$420,343.46 | $24,494,828.24 | $24,074,484.78 | $23,633,917.56 | $23,343,564.25 | |||||||||||||||
|
Principal of Repurchased Contracts, previously charged-off |
$0.00 | $(82,659.37 | ) | $(82,659.37 | ) | $(82,659.37 | ) | $(82,659.37 | ) | |||||||||||
|
Net Liquidation Proceeds Received During the Collection Period |
$(44,257.04 | ) | $(3,754,874.73 | ) | $(3,710,617.69 | ) | $(3,677,057.00 | ) | $(3,613,973.60 | ) | ||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(276,983.69 | ) | $(11,008,850.19 | ) | $(10,731,866.50 | ) | $(10,273,747.08 | ) | $(10,091,519.74 | ) | ||||||||||
|
Net Credit Losses |
$99,102.73 | $9,648,443.95 | $9,549,341.22 | $9,600,454.11 | $9,555,411.54 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
1.47540% | 1.44023% | 1.40660% | 1.37755% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
928 | 907 | 887 | 867 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.98584% | 0.95789% | 0.94547% | 0.92395% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
837 | 819 | 806 | 790 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$9,698,132.28 | $9,591,706.29 | $9,640,921.72 | $9,592,504.07 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$11,586.78 | $11,711.49 | $11,961.44 | $12,142.41 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.54381% | 0.53822% | 0.54110% | 0.53856% | ||||||||||||||||
|
Repossessed in Current Period |
6 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,774,239,151.48 | $404,951,495.14 | $377,539,382.23 | |||||||||||||
|
Number of Contracts |
65,406 | 33,241 | 32,101 | |||||||||||||
|
Weighted Average APR |
5.10% | 5.44% | 5.47% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
54.72 | 25.65 | 24.86 | |||||||||||||
Page 2 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
Collections
|
Principal Payments Received |
$19,143,041.36 | |||
|
Prepayments in Full |
$7,836,742.82 | |||
|
Interest Payments Received |
$1,841,557.49 | |||
|
Aggregate Net Liquidation Proceeds |
$321,240.73 | |||
|
Interest on Repurchased Contracts |
$74.72 | |||
|
Total Collections |
$29,142,657.12 | |||
|
Principal of Repurchased Contracts |
$11,985.27 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$11,985.27 | |||
|
Total Available Collections |
$29,154,642.39 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$337,459.58 | $337,459.58 | $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 |
$0.00 | $0.00 | $0.00 | |||||||
|
Interest - Class A-2b Notes |
$0.00 | $0.00 | $0.00 | |||||||
|
Interest - Class A-3 Notes |
$1,207,781.43 | $1,207,781.43 | $0.00 | |||||||
|
Interest - Class A-4 Notes |
$324,825.00 | $324,825.00 | $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 |
$11,981,934.66 | $11,981,934.66 | $0.00 | |||||||
|
Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
|
Regular Principal Distribution Amount |
$13,600,024.69 | $13,600,024.69 | $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 |
$1,702,617.03 | $1,702,617.03 | N/A | |||||||
Page 3 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2023-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
31 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
33 |
Actual/360 Days |
33 |
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 |
$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 |
$1,207,781.43 | $2.18 | $25,581,959.35 | $46.14 | $26,789,740.78 | $48.32 | ||||||||||||||||||||||||||||
|
Class A-4 Notes |
$324,825.00 | $4.58 | $0.00 | $0.00 | $324,825.00 | $4.58 | ||||||||||||||||||||||||||||
|
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 |
1.07% | 342 | 1.60% | $6,054,703.16 | ||||||||||||
|
60-89 Days Delinquent |
0.33% | 107 | 0.51% | $1,908,213.26 | ||||||||||||
|
90-119 Days Delinquent |
0.10% | 31 | 0.16% | $595,886.08 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.50% | 480 | 2.27% | $8,558,802.50 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.46% | 2.22% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.50% | 2.29% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
1.34% | 2.07% | ||||||||||||||
|
Receivables Pool Balance |
$377,539,382.23 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.66% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.65% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
|
Repossessed Vehicle Inventory* |
7 vehicles | |||||||||||||||
|
* Included with Delinquencies Above |
||||||||||||||||
Page 4 of 5
Servicer's Certificate
for the Collection Period July 01, 2026 through July 31, 2026
for Payment Date of August 17, 2026
Toyota Auto Receivables 2023-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 2023-D Owner Trust published this content on August 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 27, 2026 at 14:40 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]