Ford Credit Auto Owner Trust 2022-C
12/18/2025 | Press release | Distributed by Public on 12/18/2025 06:47
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 39 | ||||
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 | $ | 1,745,303,060.82 | 52,430 | 54.7 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 304,740,000.00 | 3.633 | % | October 15, 2023 | ||||||||||||
| Class A-2a Notes | $ | 319,040,000.00 | 4.52 | % | April 15, 2025 | ||||||||||||
| Class A-2b Notes | $ | 200,000,000.00 | 4.66202 | % | * | April 15, 2025 | |||||||||||
| Class A-3 Notes | $ | 519,040,000.00 | 4.48 | % | December 15, 2026 | ||||||||||||
| Class A-4 Notes | $ | 157,180,000.00 | 4.59 | % | December 15, 2027 | ||||||||||||
| Class B Notes | $ | 47,370,000.00 | 5.03 | % | February 15, 2028 | ||||||||||||
| Class C Notes | $ | 31,570,000.00 | 5.22 | % | March 15, 2030 | ||||||||||||
| Total | $ | 1,578,940,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.52% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 850,893.04 | |||
| Principal: | |||||
| Principal Collections | $ | 12,510,002.41 | |||
| Prepayments in Full | $ | 4,744,175.38 | |||
| Liquidation Proceeds | $ | 164,600.47 | |||
| Recoveries | $ | 59,350.29 | |||
| Sub Total | $ | 17,478,128.55 | |||
| Collections | $ | 18,329,021.59 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 146,111.17 | |||
| Purchase Amounts Related to Interest | $ | 702.77 | |||
| Sub Total | $ | 146,813.94 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 18,475,835.53 | |||
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Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 39 | ||||
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 | $ | 18,475,835.53 | |||||||||||||||||||
| Servicing Fee | $ | 244,017.44 | $ | 244,017.44 | $ | 0.00 | $ | 0.00 | $ | 18,231,818.09 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 18,231,818.09 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 18,231,818.09 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 18,231,818.09 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 17,538.80 | $ | 17,538.80 | $ | 0.00 | $ | 0.00 | $ | 18,214,279.29 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 601,213.50 | $ | 601,213.50 | $ | 0.00 | $ | 0.00 | $ | 17,613,065.79 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 17,613,065.79 | |||||||||||||||||||
| Interest - Class B Notes | $ | 198,559.25 | $ | 198,559.25 | $ | 0.00 | $ | 0.00 | $ | 17,414,506.54 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 17,414,506.54 | |||||||||||||||||||
| Interest - Class C Notes | $ | 137,329.50 | $ | 137,329.50 | $ | 0.00 | $ | 0.00 | $ | 17,277,177.04 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 17,277,177.04 | |||||||||||||||||||
| Regular Principal Payment | $ | 16,036,000.43 | $ | 16,036,000.43 | $ | 0.00 | $ | 0.00 | $ | 1,241,176.61 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,241,176.61 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 1,241,176.61 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 18,475,835.53 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 16,036,000.43 | |||||||||||||||||||||||||||
| Total | $ | 16,036,000.43 | |||||||||||||||||||||||||||
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 | $ | 4,697,891.87 | $ | 9.05 | $ | 17,538.80 | $ | 0.03 | $ | 4,715,430.67 | $ | 9.08 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 11,338,108.56 | $ | 72.13 | $ | 601,213.50 | $ | 3.83 | $ | 11,939,322.06 | $ | 75.96 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 198,559.25 | $ | 4.19 | $ | 198,559.25 | $ | 4.19 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 137,329.50 | $ | 4.35 | $ | 137,329.50 | $ | 4.35 | |||||||||||||||||||||||
| Total | $ | 16,036,000.43 | $ | 10.16 | $ | 954,641.05 | $ | 0.60 | $ | 16,990,641.48 | $ | 10.76 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 39 | ||||
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 | $ | 4,697,891.87 | 0.0090511 | $ | 0.00 | 0.0000000 | |||||||||||||||||
| Class A-4 Notes | $ | 157,180,000.00 | 1.0000000 | $ | 145,841,891.44 | 0.9278655 | |||||||||||||||||
| Class B Notes | $ | 47,370,000.00 | 1.0000000 | $ | 47,370,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 31,570,000.00 | 1.0000000 | $ | 31,570,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 240,817,891.87 | 0.1525187 | $ | 224,781,891.44 | 0.1423625 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 3.849 | % | 3.881 | % | |||||||
| Weighted Average Remaining Term | 25.50 | 24.77 | |||||||||
| Number of Receivables Outstanding | 19,973 | 19,377 | |||||||||
| Pool Balance | $ | 292,820,929.39 | $ | 275,069,379.48 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 272,396,843.80 | $ | 256,360,843.37 | |||||||
| Pool Factor | 0.1677766 | 0.1576055 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 4,736,842.79 | |||
| Yield Supplement Overcollateralization Amount | $ | 18,708,536.11 | |||
| Targeted Overcollateralization Amount | $ | 50,287,488.04 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 50,287,488.04 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 4,736,842.79 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 4,736,842.79 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 4,736,842.79 | |||
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Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 39 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 37 | $ | 186,660.48 | ||||||||||||||
| (Recoveries) | 89 | $ | 59,350.29 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 127,310.19 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.5217 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.6822 | % | |||||||||||||||
| Second Prior Collection Period | 0.9618 | % | |||||||||||||||
| Prior Collection Period | 0.2718 | % | |||||||||||||||
| Current Collection Period | 0.5380 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.6135 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 2,800 | $ | 14,495,051.99 | ||||||||||||||
| (Cumulative Recoveries) | $ | 2,885,067.30 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 11,609,984.69 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.6652 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 5,176.80 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 4,146.42 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 2.22 | % | 274 | $ | 6,117,574.36 | ||||||||||||
| 61-90 Days Delinquent | 0.36 | % | 41 | $ | 988,318.83 | ||||||||||||
| 91-120 Days Delinquent | 0.08 | % | 9 | $ | 212,901.56 | ||||||||||||
| Over 120 Days Delinquent | 0.32 | % | 32 | $ | 886,625.53 | ||||||||||||
| Total Delinquent Receivables | 2.98 | % | 356 | $ | 8,205,420.28 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 10 | $ | 266,718.78 | ||||||||||||||
| Total Repossessed Inventory | 27 | $ | 652,399.08 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.3873 | % | |||||||||||||||
| Prior Collection Period | 0.3805 | % | |||||||||||||||
| Current Collection Period | 0.4232 | % | |||||||||||||||
| Three Month Average | 0.3970 | % | |||||||||||||||
| Delinquency Trigger (61+ Delinquent Receivables) | |||||||||||||||||
| Transaction Month | Trigger | ||||||||||||||||
| 1-12 | 0.80% | ||||||||||||||||
| 13-24 | 1.50% | ||||||||||||||||
| 25-36 | 2.70% | ||||||||||||||||
| 37+ | 4.40% | ||||||||||||||||
| 61+ Delinquent Receivables Balance to EOP Pool Balance | 0.7590 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| Collection Period | November 2025 | ||||
| Payment Date | 12/15/2025 | ||||
| Transaction Month | 39 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 64 | $1,559,167.72 | ||||||||||||
| 2 Months Extended | 107 | $2,675,699.09 | ||||||||||||
| 3+ Months Extended | 28 | $706,891.14 | ||||||||||||
| Total Receivables Extended | 199 | $4,941,757.95 | ||||||||||||
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 7, 2025 | ||
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 2022-C published this content on December 18, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 18, 2025 at 12:47 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]