Ford Credit Auto Owner Trust 2025-C
10/21/2026 | Press release | Distributed by Public on 10/21/2026 08:08
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 11 | ||||
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 333-281130 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 | $ | 1,096,614,974.63 | 29,520 | 55.0 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 240,000,000.00 | 3.993 | % | December 15, 2026 | ||||||||||||
| Class A-2a Notes | $ | 220,000,000.00 | 3.99 | % | September 15, 2028 | ||||||||||||
| Class A-2b Notes | $ | 128,000,000.00 | 4.00850 | % | * | September 15, 2028 | |||||||||||
| Class A-3 Notes | $ | 348,000,000.00 | 3.90 | % | June 15, 2030 | ||||||||||||
| Class A-4 Notes | $ | 64,000,000.00 | 3.98 | % | January 15, 2032 | ||||||||||||
| Class B Notes | $ | 31,580,000.00 | 4.22 | % | January 15, 2032 | ||||||||||||
| Class C Notes | $ | 21,050,000.00 | 0.00 | % | May 15, 2033 | ||||||||||||
| Total | $ | 1,052,630,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.36% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 3,356,356.75 | |||
| Principal: | |||||
| Principal Collections | $ | 18,353,542.73 | |||
| Prepayments in Full | $ | 8,925,410.59 | |||
| Liquidation Proceeds | $ | 182,279.01 | |||
| Recoveries | $ | 23,371.17 | |||
| Sub Total | $ | 27,484,603.50 | |||
| Collections | $ | 30,840,960.25 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 0.00 | |||
| Purchase Amounts Related to Interest | $ | 0.00 | |||
| Sub Total | $ | 0.00 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 30,840,960.25 | |||
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Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 11 | ||||
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 | $ | 30,840,960.25 | |||||||||||||||||||
| Servicing Fee | $ | 638,689.28 | $ | 638,689.28 | $ | 0.00 | $ | 0.00 | $ | 30,202,270.97 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 30,202,270.97 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 534,965.27 | $ | 534,965.27 | $ | 0.00 | $ | 0.00 | $ | 29,667,305.70 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 312,695.67 | $ | 312,695.67 | $ | 0.00 | $ | 0.00 | $ | 29,354,610.03 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 1,131,000.00 | $ | 1,131,000.00 | $ | 0.00 | $ | 0.00 | $ | 28,223,610.03 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 212,266.67 | $ | 212,266.67 | $ | 0.00 | $ | 0.00 | $ | 28,011,343.36 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 28,011,343.36 | |||||||||||||||||||
| Interest - Class B Notes | $ | 111,056.33 | $ | 111,056.33 | $ | 0.00 | $ | 0.00 | $ | 27,900,287.03 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 27,900,287.03 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 27,900,287.03 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 27,900,287.03 | |||||||||||||||||||
| Regular Principal Payment | $ | 28,892,352.44 | $ | 27,900,287.03 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 30,840,960.25 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 27,900,287.03 | |||||||||||||||||||||||||||
| Total | $ | 27,900,287.03 | |||||||||||||||||||||||||||
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 | $ | 17,638,112.49 | $ | 80.17 | $ | 534,965.27 | $ | 2.43 | $ | 18,173,077.76 | $ | 82.60 | |||||||||||||||||||||||
| Class A-2b Notes | $ | 10,262,174.54 | $ | 80.17 | $ | 312,695.67 | $ | 2.44 | $ | 10,574,870.21 | $ | 82.61 | |||||||||||||||||||||||
| Class A-3 Notes | $ | 0.00 | $ | 0.00 | $ | 1,131,000.00 | $ | 3.25 | $ | 1,131,000.00 | $ | 3.25 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 212,266.67 | $ | 3.32 | $ | 212,266.67 | $ | 3.32 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 111,056.33 | $ | 3.52 | $ | 111,056.33 | $ | 3.52 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Total | $ | 27,900,287.03 | $ | 26.51 | $ | 2,301,983.94 | $ | 2.19 | $ | 30,202,270.97 | $ | 28.70 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 11 | ||||
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 | $ | 160,891,810.60 | 0.7313264 | $ | 143,253,698.11 | 0.6511532 | |||||||||||||||||
| Class A-2b Notes | $ | 93,609,780.71 | 0.7313264 | $ | 83,347,606.17 | 0.6511532 | |||||||||||||||||
| Class A-3 Notes | $ | 348,000,000.00 | 1.0000000 | $ | 348,000,000.00 | 1.0000000 | |||||||||||||||||
| Class A-4 Notes | $ | 64,000,000.00 | 1.0000000 | $ | 64,000,000.00 | 1.0000000 | |||||||||||||||||
| Class B Notes | $ | 31,580,000.00 | 1.0000000 | $ | 31,580,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 21,050,000.00 | 1.0000000 | $ | 21,050,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 719,131,591.31 | 0.6831760 | $ | 691,231,304.28 | 0.6566707 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 5.267 | % | 5.280 | % | |||||||
| Weighted Average Remaining Term | 47.66 | 46.91 | |||||||||
| Number of Receivables Outstanding | 23,144 | 22,610 | |||||||||
| Pool Balance | $ | 766,427,136.00 | $ | 738,715,154.75 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 737,697,877.11 | $ | 711,291,888.24 | |||||||
| Pool Factor | 0.6989027 | 0.6736322 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 2,631,581.17 | |||
| Yield Supplement Overcollateralization Amount | $ | 27,423,266.51 | |||
| Targeted Overcollateralization Amount | $ | 48,475,915.88 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 47,483,850.47 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 2,631,581.17 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 2,631,581.17 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 2,631,581.17 | |||
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Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 11 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 29 | $ | 250,748.92 | ||||||||||||||
| (Recoveries) | 13 | $ | 23,371.17 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 227,377.75 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.3560 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.2890 | % | |||||||||||||||
| Second Prior Collection Period | 0.3671 | % | |||||||||||||||
| Prior Collection Period | 0.4817 | % | |||||||||||||||
| Current Collection Period | 0.3626 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.3751 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 421 | $ | 1,752,842.88 | ||||||||||||||
| (Cumulative Recoveries) | $ | 90,441.13 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 1,662,401.75 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.1516 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 4,163.52 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 3,948.70 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 0.78 | % | 141 | $ | 5,753,216.33 | ||||||||||||
| 61-90 Days Delinquent | 0.15 | % | 23 | $ | 1,128,938.56 | ||||||||||||
| 91-120 Days Delinquent | 0.02 | % | 3 | $ | 114,392.28 | ||||||||||||
| Over 120 Days Delinquent | 0.03 | % | 6 | $ | 214,230.37 | ||||||||||||
| Total Delinquent Receivables | 0.98 | % | 173 | $ | 7,210,777.54 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 11 | $ | 535,922.24 | ||||||||||||||
| Total Repossessed Inventory | 23 | $ | 1,148,291.86 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.0882 | % | |||||||||||||||
| Prior Collection Period | 0.1296 | % | |||||||||||||||
| Current Collection Period | 0.1415 | % | |||||||||||||||
| Three Month Average | 0.1198 | % | |||||||||||||||
| Delinquency Trigger (61+ Delinquent Receivables) | |||||||||||||||||
| Transaction Month | Trigger | ||||||||||||||||
| 1-12 | 0.80% | ||||||||||||||||
| 13-24 | 1.30% | ||||||||||||||||
| 25-36 | 2.40% | ||||||||||||||||
| 37+ | 4.55% | ||||||||||||||||
| 61+ Delinquent Receivables Balance to EOP Pool Balance | 0.1973 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| Collection Period | September 2026 | ||||
| Payment Date | 10/15/2026 | ||||
| Transaction Month | 11 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 57 | $2,708,538.79 | ||||||||||||
| 2 Months Extended | 68 | $3,187,706.82 | ||||||||||||
| 3+ Months Extended | 15 | $591,126.55 | ||||||||||||
| Total Receivables Extended | 140 | $6,487,372.16 | ||||||||||||
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 6, 2026 | ||
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 2025-C published this content on October 21, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 21, 2026 at 14:08 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]