Results
Toyota Auto Receivables 2024-D Owner Trust
03/27/2026 | Press release | Distributed by Public on 03/27/2026 09:05
Asset-Backed Issuer Distribution Report (Form 10-D)
Servicer's Certificate
for the Collection Period February 01, 2026 through February 28, 2026
for Payment Date of March 16, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
28 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
27 |
Actual/360 Days |
27 |
| 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 | $53,569,734.36 | 0.2021499 | $0.00 | $9,787,748.29 | $5,950,000.01 | $37,831,986.06 | 0.1427622 | |||||||||||||||||||||||||||
| A-2b | $397,500,000.00 | 8/16/27 | $80,354,601.51 | 0.2021499 | $0.00 | $14,681,622.44 | $8,925,000.00 | $56,747,979.07 | 0.1427622 | |||||||||||||||||||||||||||
| A-3 | $597,500,000.00 | 6/15/29 | $597,500,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $597,500,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| 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 | $872,424,335.87 | $0.00 | $24,469,370.73 | $14,875,000.01 | $833,079,965.13 | 0.4760457 | |||||||||||||||||||||||||||||
| 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% | $203,118.58 | $0.00 | $203,118.58 | $0.00 | $15,940,866.88 | ||||||||||||||||||||
| A-2b | 4.04819% | $243,968.02 | $0.00 | $243,968.02 | $0.00 | $23,850,590.46 | ||||||||||||||||||||
| A-3 | 4.40000% | $2,190,833.33 | $0.00 | $2,190,833.33 | $0.00 | $2,190,833.33 | ||||||||||||||||||||
| 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 | $2,996,934.51 | $0.00 | $2,996,934.51 | $0.00 | $42,341,305.25 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,375,000.00 |
Beginning Period Amount |
$32,705,668.24 | |||||||
|
Specified Reserve Account Amount |
$4,375,000.00 |
Increase/(Decrease) |
$(2,251,102.28 | ) | ||||||
|
Beginning Balance |
$4,375,000.00 |
Ending Period Amount |
$30,454,565.96 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$17,919,333.07 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,375,000.00 |
Adjusted Pool Balance |
$847,954,965.14 | |||||||
|
Reserve Account Required Amount |
$4,375,000.00 |
Total Note Balance |
$833,079,965.13 | |||||||
|
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 February 01, 2026 through February 28, 2026
for Payment Date of March 16, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
28 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
27 |
Actual/360 Days |
27 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
|
Number of Liquidated Receivables |
15 | 472 | 457 | 420 | 376 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$465,442.59 | $13,300,958.49 | $12,835,515.90 | $12,077,890.74 | $10,954,088.95 | |||||||||||||||
|
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 |
$(126,693.76 | ) | $(2,868,955.52 | ) | $(2,742,261.76 | ) | $(2,695,841.57 | ) | $(2,354,352.85 | ) | ||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(428,628.90 | ) | $(4,273,776.92 | ) | $(3,845,148.02 | ) | $(3,627,993.07 | ) | $(3,285,447.25 | ) | ||||||||||
|
Net Credit Losses |
$(89,880.07 | ) | $6,158,226.05 | $6,248,106.12 | $5,754,056.10 | $5,314,288.85 | ||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.68026% | 0.65864% | 0.60532% | 0.54190% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
449 | 420 | 384 | 347 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.47254% | 0.47042% | 0.42506% | 0.38516% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
422 | 410 | 376 | 337 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$6,173,435.73 | $6,262,687.01 | $5,766,987.95 | $5,326,692.50 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$14,628.99 | $15,274.85 | $15,337.73 | $15,806.21 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.33434% | 0.33922% | 0.31239% | 0.28852% | ||||||||||||||||
|
Repossessed in Current Period |
24 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,841,920,697.79 | $920,005,004.12 | $878,409,531.10 | |||||||||||||
|
Number of Contracts |
69,385 | 47,221 | 46,201 | |||||||||||||
|
Weighted Average APR |
5.96% | 6.06% | 6.07% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
53.37 | 38.44 | 37.56 | |||||||||||||
Page 2 of 5
Servicer's Certificate
for the Collection Period February 01, 2026 through February 28, 2026
for Payment Date of March 16, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
28 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
27 |
Actual/360 Days |
27 |
Collections
|
Principal Payments Received |
$26,712,831.61 | |||
|
Prepayments in Full |
$14,405,506.55 | |||
|
Interest Payments Received |
$4,466,847.87 | |||
|
Aggregate Net Liquidation Proceeds |
$555,322.66 | |||
|
Interest on Repurchased Contracts |
$108.19 | |||
|
Total Collections |
$46,140,616.88 | |||
|
Principal of Repurchased Contracts |
$11,692.27 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$11,692.27 | |||
|
Total Available Collections |
$46,152,309.15 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$766,670.84 | $766,670.84 | $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 |
$203,118.58 | $203,118.58 | $0.00 | |||||||
|
Interest - Class A-2b Notes |
$243,968.02 | $243,968.02 | $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 |
$24,469,370.73 | $24,469,370.73 | $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 |
$3,044,333.06 | $3,044,333.06 | N/A | |||||||
Page 3 of 5
Servicer's Certificate
for the Collection Period February 01, 2026 through February 28, 2026
for Payment Date of March 16, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
28 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
27 |
Actual/360 Days |
27 |
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 |
$203,118.58 | $0.77 | $15,737,748.30 | $59.39 | $15,940,866.88 | $60.16 | ||||||||||||||||||||||||||||
|
Class A-2b Notes |
$243,968.02 | $0.61 | $23,606,622.44 | $59.39 | $23,850,590.46 | $60.00 | ||||||||||||||||||||||||||||
|
Class A-3 Notes |
$2,190,833.33 | $3.67 | $0.00 | $0.00 | $2,190,833.33 | $3.67 | ||||||||||||||||||||||||||||
|
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 |
0.76% | 351 | 1.07% | $9,408,899.92 | ||||||||||||
|
60-89 Days Delinquent |
0.25% | 117 | 0.36% | $3,141,711.30 | ||||||||||||
|
90-119 Days Delinquent |
0.08% | 36 | 0.11% | $928,575.68 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.09% | 504 | 1.54% | $13,479,186.90 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.08% | 1.51% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.03% | 1.39% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
1.12% | 1.47% | ||||||||||||||
|
Receivables Pool Balance |
$878,409,531.10 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.46% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.95% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
|
Repossessed Vehicle Inventory* |
27 vehicles | |||||||
|
* Included with Delinquencies Above |
||||||||
Page 4 of 5
Servicer's Certificate
for the Collection Period February 01, 2026 through February 28, 2026
for Payment Date of March 16, 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/ Stephen Bishop |
||
| Name: | Stephen Bishop | |
| Title: | General Manager - Treasury | |
Page 5 of 5
Toyota Auto Receivables 2024-D Owner Trust published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 27, 2026 at 15:05 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]