World Omni Auto Receivables Trust 2024-C

10/29/2026 | Press release | Distributed by Public on 10/29/2026 07:43

Asset-Backed Issuer Distribution Report (Form 10-D)

World Omni Auto Receivables Trust 2024-C
Monthly Servicer Certificate
September 30, 2026
Dates Covered
Collections Period 09/01/26 - 09/30/26
Interest Accrual Period 09/15/26 - 10/14/26
30/360 Days 30
Actual/360 Days 30
Distribution Date 10/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 08/31/26 417,314,679.21 20,744
Yield Supplement Overcollateralization Amount 08/31/26 21,682,604.92 0
Receivables Balance 08/31/26 438,997,284.13 20,744
Principal Payments 20,305,324.27 474
Defaulted Receivables 1,026,297.09 37
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 09/30/26 20,202,413.46 0
Pool Balance at 09/30/26 397,463,249.31 20,233
Pool Statistics $ Amount # of Accounts
Pool Factor 31.82 %
Prepayment ABS Speed 1.47 %
Aggregate Starting Principal Balance 1,312,595,946.50 46,537
Delinquent Receivables:
Past Due 31-60 days 9,565,365.18 325
Past Due 61-90 days 2,913,388.79 104
Past Due 91-120 days 722,704.93 28
Past Due 121+ days 0.00 0
Total 13,201,458.90 457
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.16 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.87 %
Delinquency Trigger Occurred NO
Recoveries 724,255.86
Aggregate Net Losses/(Gains) - September 2026 302,041.23
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.83 %
Prior Net Losses/(Gains) Ratio 0.37 %
Second Prior Net Losses/(Gains) Ratio 0.36 %
Third Prior Net Losses/(Gains) Ratio 0.50 %
Four Month Average 0.52 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.87 %
Overcollateralization Target Amount 6,052,770.45
Actual Overcollateralization 6,052,770.45
Weighted Average Contract Rate 6.81 %
Weighted Average Contract Rate, Yield Adjusted 10.03 %
Weighted Average Remaining Term 40.17
Flow of Funds $ Amount
Collections 23,488,588.06
Investment Earnings on Cash Accounts 15,647.49
Servicing Fee (365,831.07 )
Transfer to Collection Account -
Available Funds 23,138,404.48
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 1,317,632.96
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 141,648.00
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 73,094.00
(7) Noteholders' Third Priority Principal Distributable Amount 13,798,659.45
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 6,052,770.45
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 1,754,599.62
Total Distributions of Available Funds 23,138,404.48
Servicing Fee 365,831.07
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 1,156,070,000.00
Original Class B 36,320,000.00
Original Class C 18,160,000.00
Total Class A, B, & C
Note Balance @ 09/15/26 411,261,908.76
Principal Paid 19,851,429.90
Note Balance @ 10/15/26 391,410,478.86
Class A-1
Note Balance @ 09/15/26 0.00
Principal Paid 0.00
Note Balance @ 10/15/26 0.00
Note Factor @ 10/15/26 0.0000000 %
Class A-2a
Note Balance @ 09/15/26 0.00
Principal Paid 0.00
Note Balance @ 10/15/26 0.00
Note Factor @ 10/15/26 0.0000000 %
Class A-2b
Note Balance @ 09/15/26 0.00
Principal Paid 0.00
Note Balance @ 10/15/26 0.00
Note Factor @ 10/15/26 0.0000000 %
Class A-3
Note Balance @ 09/15/26 295,211,908.76
Principal Paid 19,851,429.90
Note Balance @ 10/15/26 275,360,478.86
Note Factor @ 10/15/26 68.3276622 %
Class A-4
Note Balance @ 09/15/26 61,570,000.00
Principal Paid 0.00
Note Balance @ 10/15/26 61,570,000.00
Note Factor @ 10/15/26 100.0000000 %
Class B
Note Balance @ 09/15/26 36,320,000.00
Principal Paid 0.00
Note Balance @ 10/15/26 36,320,000.00
Note Factor @ 10/15/26 100.0000000 %
Class C
Note Balance @ 09/15/26 18,160,000.00
Principal Paid 0.00
Note Balance @ 10/15/26 18,160,000.00
Note Factor @ 10/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 1,532,374.96
Total Principal Paid 19,851,429.90
Total Paid 21,383,804.86
Class A-1
Coupon 5.36900 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 4.78000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.64850 %
Coupon 4.11850 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 4.43000 %
Interest Paid 1,089,823.96
Principal Paid 19,851,429.90
Total Paid to A-3 Holders 20,941,253.86
Class A-4
Coupon 4.44000 %
Interest Paid 227,809.00
Principal Paid 0.00
Total Paid to A-4 Holders 227,809.00
Class B
Coupon 4.68000 %
Interest Paid 141,648.00
Principal Paid 0.00
Total Paid to B Holders 141,648.00
Class C
Coupon 4.83000 %
Interest Paid 73,094.00
Principal Paid 0.00
Total Paid to C Holders 73,094.00
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 1.2658502
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 16.3986865
Total Distribution Amount 17.6645367
A-1 Interest Distribution Amount 0.0000000
A-1 Interest Carryover Shortfall 0.0000000
A-1 Principal Distribution Amount 0.0000000
Total A-1 Distribution Amount 0.0000000
A-2a Interest Distribution Amount 0.0000000
A-2a Interest Carryover Shortfall 0.0000000
A-2a Principal Distribution Amount 0.0000000
Total A-2a Distribution Amount 0.0000000
A-2b Interest Distribution Amount 0.0000000
A-2b Interest Carryover Shortfall 0.0000000
A-2b Principal Distribution Amount 0.0000000
Total A-2b Distribution Amount 0.0000000
A-3 Interest Distribution Amount 2.7042778
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 49.2591313
Total A-3 Distribution Amount 51.9634091
A-4 Interest Distribution Amount 3.7000000
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 3.7000000
B Interest Distribution Amount 3.9000000
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 3.9000000
C Interest Distribution Amount 4.0250000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 4.0250000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 695.10
Noteholders' Principal Distributable Amount 304.90
Account Balances $ Amount
Reserve Account
Balance as of 09/15/26 3,026,385.22
Investment Earnings 8,707.30
Investment Earnings Paid (8,707.30 )
Deposit/(Withdrawal) -
Balance as of 10/15/26 3,026,385.22
Change -
Required Reserve Amount 3,026,385.22
World Omni Auto Receivables Trust 2024-C published this content on October 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 29, 2026 at 13:43 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]