Toyota Auto Receivables 2024-D Owner Trust
05/27/2026 | Press release | Distributed by Public on 05/27/2026 08:57
Asset-Backed Issuer Distribution Report (Form 10-D)
Servicer's Certificate
for the Collection Period April 01, 2026 through April 30, 2026
for Payment Date of May 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
| 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 | $19,922,610.03 | 0.0751797 | $0.00 | $10,381,728.05 | $5,950,000.01 | $3,590,881.97 | 0.0135505 | |||||||||||||||||||||||||||
| A-2b | $397,500,000.00 | 8/16/27 | $29,883,915.04 | 0.0751797 | $0.00 | $15,572,592.08 | $8,925,000.00 | $5,386,322.96 | 0.0135505 | |||||||||||||||||||||||||||
| 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 | $788,306,525.07 | $0.00 | $25,954,320.13 | $14,875,000.01 | $747,477,204.93 | 0.4271298 | |||||||||||||||||||||||||||||
| 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% | $75,539.90 | $0.00 | $75,539.90 | $0.00 | $16,407,267.96 | ||||||||||||||||||||
| A-2b | 4.02980% | $100,355.17 | $0.00 | $100,355.17 | $0.00 | $24,597,947.25 | ||||||||||||||||||||
| 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 | $2,725,742.98 | $0.00 | $2,725,742.98 | $0.00 | $43,555,063.12 | |||||||||||||||||||||
Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
|
Initial Deposit Amount |
$4,375,000.00 |
Beginning Period Amount |
$28,092,714.43 | |||||||
|
Specified Reserve Account Amount |
$4,375,000.00 |
Increase/(Decrease) |
$(2,127,538.98 | ) | ||||||
|
Beginning Balance |
$4,375,000.00 |
Ending Period Amount |
$25,965,175.45 | |||||||
|
Withdrawals |
$0.00 | |||||||||
|
Amount Available for Deposit |
$17,130,158.58 | Overcollateralization | ||||||||
|
Amount Deposited to the Reserve Account |
$0.00 | |||||||||
|
Reserve Account Balance Prior to Release |
$4,375,000.00 |
Adjusted Pool Balance |
$762,352,204.94 | |||||||
|
Reserve Account Required Amount |
$4,375,000.00 |
Total Note Balance |
$747,477,204.93 | |||||||
|
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 April 01, 2026 through April 30, 2026
for Payment Date of May 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
|
Number of Liquidated Receivables |
38 | 541 | 503 | 472 | 457 | |||||||||||||||
|
Gross Principal of Liquidated Receivables |
$1,031,537.84 | $15,206,368.55 | $14,174,830.71 | $13,300,958.49 | $12,835,515.90 | |||||||||||||||
|
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 |
$(66,462.02 | ) | $(3,214,283.97 | ) | $(3,147,821.95 | ) | $(2,868,955.52 | ) | $(2,742,261.76 | ) | ||||||||||
|
Recoveries on Previously Liquidated Contracts |
$(307,202.01 | ) | $(4,924,180.00 | ) | $(4,616,977.99 | ) | $(4,273,776.92 | ) | $(3,845,148.02 | ) | ||||||||||
|
Net Credit Losses |
$657,873.81 | $7,067,904.58 | $6,410,030.77 | $6,158,226.05 | $6,248,106.12 | |||||||||||||||
|
Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.77971% | 0.72494% | 0.68026% | 0.65864% | ||||||||||||||||
|
Number of Accounts with Liquidation Proceeds or Recoveries |
512 | 478 | 449 | 420 | ||||||||||||||||
|
Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.56369% | 0.50142% | 0.47254% | 0.47042% | ||||||||||||||||
|
Number of Assets Experiencing a Net Loss |
478 | 447 | 422 | 410 | ||||||||||||||||
|
Net Credit Losses for Assets Experiencing a Loss |
$7,087,179.86 | $6,425,768.01 | $6,173,435.73 | $6,262,687.01 | ||||||||||||||||
|
Average Net Loss on all assets that have Experienced a Net Loss |
$14,826.74 | $14,375.32 | $14,628.99 | $15,274.85 | ||||||||||||||||
|
Cumulative Net Loss Ratio |
0.38372% | 0.34801% | 0.33434% | 0.33922% | ||||||||||||||||
|
Repossessed in Current Period |
19 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
|
Receivables Pool Balance |
$1,841,920,697.79 | $831,274,239.51 | $788,317,380.39 | |||||||||||||
|
Number of Contracts |
69,385 | 44,945 | 43,762 | |||||||||||||
|
Weighted Average APR |
5.96% | 6.08% | 6.09% | |||||||||||||
|
Weighted Average Remaining Term (Months) |
53.37 | 36.70 | 35.83 | |||||||||||||
Page 2 of 5
Servicer's Certificate
for the Collection Period April 01, 2026 through April 30, 2026
for Payment Date of May 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
Collections
|
Principal Payments Received |
$26,483,743.40 | |||
|
Prepayments in Full |
$15,390,894.33 | |||
|
Interest Payments Received |
$4,203,590.16 | |||
|
Aggregate Net Liquidation Proceeds |
$373,664.03 | |||
|
Interest on Repurchased Contracts |
$374.75 | |||
|
Total Collections |
$46,452,266.67 | |||
|
Principal of Repurchased Contracts |
$50,683.55 | |||
|
Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
|
Adjustment on Repurchased Contracts |
$0.00 | |||
|
Total Repurchased Amount |
$50,683.55 | |||
|
Total Available Collections |
$46,502,950.22 |
Distributions
|
Calculated Amount |
Amount Paid |
Shortfall |
||||||||
|
Servicing Fee |
$692,728.53 | $692,728.53 | $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 |
$75,539.90 | $75,539.90 | $0.00 | |||||||
|
Interest - Class A-2b Notes |
$100,355.17 | $100,355.17 | $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 |
$25,954,320.13 | $25,954,320.13 | $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 |
$2,255,158.57 | $2,255,158.57 | N/A | |||||||
Page 3 of 5
Servicer's Certificate
for the Collection Period April 01, 2026 through April 30, 2026
for Payment Date of May 15, 2026
Toyota Auto Receivables 2024-D Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
|
Collection Period |
30 |
30/360 Days |
30 | |||||
|
Interest Accrual Period |
30 |
Actual/360 Days |
30 |
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 |
$75,539.90 | $0.29 | $16,331,728.06 | $61.63 | $16,407,267.96 | $61.92 | ||||||||||||||||||||||||||||
|
Class A-2b Notes |
$100,355.17 | $0.25 | $24,497,592.08 | $61.63 | $24,597,947.25 | $61.88 | ||||||||||||||||||||||||||||
|
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 |
0.70% | 308 | 0.99% | $7,837,097.47 | ||||||||||||
|
60-89 Days Delinquent |
0.25% | 111 | 0.36% | $2,807,214.18 | ||||||||||||
|
90-119 Days Delinquent |
0.07% | 31 | 0.12% | $959,327.40 | ||||||||||||
|
120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
|
Total Delinquencies |
1.02% | 450 | 1.47% | $11,603,639.05 | ||||||||||||
|
Total Delinquencies - Prior Period |
1.02% | 1.43% | ||||||||||||||
|
Total Delinquencies - Two Months Prior |
1.09% | 1.54% | ||||||||||||||
|
Total Delinquencies - Three Months Prior |
1.08% | 1.51% | ||||||||||||||
|
Receivables Pool Balance |
$788,317,380.39 | |||||||||||||||
|
60-Day Delinquency Percentage |
0.48% | |||||||||||||||
|
Delinquency Trigger Percentage |
4.95% | |||||||||||||||
|
Has a Delinquency Trigger occurred in this Collection Period? |
No | |||||||||||||||
|
Repossessed Vehicle Inventory* |
20 vehicles | |||||||
|
* Included with Delinquencies Above |
||||||||
Page 4 of 5
Servicer's Certificate
for the Collection Period April 01, 2026 through April 30, 2026
for Payment Date of May 15, 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 May 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 27, 2026 at 14:57 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]