Ford Credit Auto Owner Trust 2024-B
03/19/2026 | Press release | Distributed by Public on 03/19/2026 08:43
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 21 | ||||
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 | $ | 1,999,478,618.95 | 53,438 | 57.0 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 350,000,000.00 | 5.507 | % | July 15, 2025 | ||||||||||||
| Class A-2a Notes | $ | 323,350,000.00 | 5.40 | % | April 15, 2027 | ||||||||||||
| Class A-2b Notes | $ | 330,000,000.00 | 4.05819 | % | * | April 15, 2027 | |||||||||||
| Class A-3 Notes | $ | 653,300,000.00 | 5.10 | % | April 15, 2029 | ||||||||||||
| Class A-4 Notes | $ | 93,350,000.00 | 4.96 | % | May 15, 2030 | ||||||||||||
| Class B Notes | $ | 55,260,000.00 | 5.23 | % | May 15, 2030 | ||||||||||||
| Class C Notes | $ | 36,830,000.00 | 0.00 | % | December 15, 2031 | ||||||||||||
| Total | $ | 1,842,090,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.40% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 3,575,939.47 | |||
| Principal: | |||||
| Principal Collections | $ | 25,553,223.16 | |||
| Prepayments in Full | $ | 12,827,529.11 | |||
| Liquidation Proceeds | $ | 450,931.94 | |||
| Recoveries | $ | 81,642.95 | |||
| Sub Total | $ | 38,913,327.16 | |||
| Collections | $ | 42,489,266.63 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 149,579.69 | |||
| Purchase Amounts Related to Interest | $ | 779.24 | |||
| Sub Total | $ | 150,358.93 | |||
| Clean-up Call | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 42,639,625.56 | |||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 21 | ||||
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 | $ | 42,639,625.56 | |||||||||||||||||||
| Servicing Fee | $ | 798,748.63 | $ | 798,748.63 | $ | 0.00 | $ | 0.00 | $ | 41,840,876.93 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 41,840,876.93 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 29,267.98 | $ | 29,267.98 | $ | 0.00 | $ | 0.00 | $ | 41,811,608.95 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 20,202.96 | $ | 20,202.96 | $ | 0.00 | $ | 0.00 | $ | 41,791,405.99 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 2,776,525.00 | $ | 2,776,525.00 | $ | 0.00 | $ | 0.00 | $ | 39,014,880.99 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 385,846.67 | $ | 385,846.67 | $ | 0.00 | $ | 0.00 | $ | 38,629,034.32 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 38,629,034.32 | |||||||||||||||||||
| Interest - Class B Notes | $ | 240,841.50 | $ | 240,841.50 | $ | 0.00 | $ | 0.00 | $ | 38,388,192.82 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 38,388,192.82 | |||||||||||||||||||
| Interest - Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 38,388,192.82 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 38,388,192.82 | |||||||||||||||||||
| Regular Principal Payment | $ | 36,439,538.44 | $ | 36,439,538.44 | $ | 0.00 | $ | 0.00 | $ | 1,948,654.38 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,948,654.38 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 1,948,654.38 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 42,639,625.56 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 36,439,538.44 | |||||||||||||||||||||||||||
| Total | $ | 36,439,538.44 | |||||||||||||||||||||||||||
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 | $ | 6,503,994.92 | $ | 20.11 | $ | 29,267.98 | $ | 0.09 | $ | 6,533,262.90 | $ | 20.20 | |||||||||||||||||||||||
| Class A-2b Notes | $ | 6,637,755.75 | $ | 20.11 | $ | 20,202.96 | $ | 0.06 | $ | 6,657,958.71 | $ | 20.17 | |||||||||||||||||||||||
| Class A-3 Notes | $ | 23,297,787.77 | $ | 35.66 | $ | 2,776,525.00 | $ | 4.25 | $ | 26,074,312.77 | $ | 39.91 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 385,846.67 | $ | 4.13 | $ | 385,846.67 | $ | 4.13 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 240,841.50 | $ | 4.36 | $ | 240,841.50 | $ | 4.36 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||||||
| Total | $ | 36,439,538.44 | $ | 19.78 | $ | 3,452,684.11 | $ | 1.87 | $ | 39,892,222.55 | $ | 21.65 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 21 | ||||
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 | $ | 6,503,994.92 | 0.0201144 | $ | 0.00 | 0.0000000 | |||||||||||||||||
| Class A-2b Notes | $ | 6,637,755.75 | 0.0201144 | $ | 0.00 | 0.0000000 | |||||||||||||||||
| Class A-3 Notes | $ | 653,300,000.00 | 1.0000000 | $ | 630,002,212.23 | 0.9643383 | |||||||||||||||||
| Class A-4 Notes | $ | 93,350,000.00 | 1.0000000 | $ | 93,350,000.00 | 1.0000000 | |||||||||||||||||
| Class B Notes | $ | 55,260,000.00 | 1.0000000 | $ | 55,260,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 36,830,000.00 | 1.0000000 | $ | 36,830,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 851,881,750.67 | 0.4624539 | $ | 815,442,212.23 | 0.4426723 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 4.795 | % | 4.810 | % | |||||||
| Weighted Average Remaining Term | 41.69 | 40.94 | |||||||||
| Number of Receivables Outstanding | 34,872 | 34,040 | |||||||||
| Pool Balance | $ | 958,498,356.05 | $ | 918,772,724.22 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 888,723,726.94 | $ | 852,284,188.50 | |||||||
| Pool Factor | 0.4793741 | 0.4595062 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 4,605,247.03 | |||
| Yield Supplement Overcollateralization Amount | $ | 66,488,535.72 | |||
| Targeted Overcollateralization Amount | $ | 103,330,511.99 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 103,330,511.99 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 4,605,247.03 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 4,605,247.03 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 4,605,247.03 | |||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 21 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 95 | $ | 744,367.93 | ||||||||||||||
| (Recoveries) | 69 | $ | 81,642.95 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 662,724.98 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.8297 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.4223 | % | |||||||||||||||
| Second Prior Collection Period | 0.2940 | % | |||||||||||||||
| Prior Collection Period | 0.5259 | % | |||||||||||||||
| Current Collection Period | 0.8473 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.5224 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 1,878 | $ | 11,642,077.01 | ||||||||||||||
| (Cumulative Recoveries) | $ | 1,517,621.53 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 10,124,455.48 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.5064 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 6,199.19 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 5,391.08 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 1.00 | % | 253 | $ | 9,176,973.72 | ||||||||||||
| 61-90 Days Delinquent | 0.19 | % | 41 | $ | 1,788,382.45 | ||||||||||||
| 91-120 Days Delinquent | 0.05 | % | 11 | $ | 478,217.06 | ||||||||||||
| Over 120 Days Delinquent | 0.09 | % | 18 | $ | 818,528.22 | ||||||||||||
| Total Delinquent Receivables | 1.33 | % | 323 | $ | 12,262,101.45 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 22 | $ | 804,173.26 | ||||||||||||||
| Total Repossessed Inventory | 37 | $ | 1,554,081.33 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.2207 | % | |||||||||||||||
| Prior Collection Period | 0.2294 | % | |||||||||||||||
| Current Collection Period | 0.2056 | % | |||||||||||||||
| Three Month Average | 0.2186 | % | |||||||||||||||
| Delinquency Trigger (61+ Delinquent Receivables) | |||||||||||||||||
| Transaction Month | Trigger | ||||||||||||||||
| 1-12 | 0.80% | ||||||||||||||||
| 13-24 | 1.30% | ||||||||||||||||
| 25-36 | 2.40% | ||||||||||||||||
| 37+ | 4.75% | ||||||||||||||||
| 61+ Delinquent Receivables Balance to EOP Pool Balance | 0.3358 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2024-B
Monthly Investor Report
| Collection Period | February 2026 | ||||
| Payment Date | 3/16/2026 | ||||
| Transaction Month | 21 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 99 | $3,829,296.19 | ||||||||||||
| 2 Months Extended | 139 | $5,735,483.80 | ||||||||||||
| 3+ Months Extended | 44 | $1,736,791.38 | ||||||||||||
| Total Receivables Extended | 282 | $11,301,571.37 | ||||||||||||
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 2024-B published this content on March 19, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 19, 2026 at 14:43 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]