Ford Credit Auto Owner Trust 2023-B
09/18/2026 | Press release | Distributed by Public on 09/18/2026 08:26
Asset-Backed Issuer Distribution Report (Form 10-D)
Ford Credit Auto Owner Trust 2023-B
Monthly Investor Report
| Collection Period | August 2026 | ||||
| Payment Date | 9/15/2026 | ||||
| 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 | $ | 1,719,380,848.17 | 49,034 | 56.5 months | |||||||||||||
| Dollar Amount | Note Interest Rate | Final Scheduled Payment Date | |||||||||||||||
| Original Securities | |||||||||||||||||
| Class A-1 Notes | $ | 350,000,000.00 | 5.517 | % | July 15, 2024 | ||||||||||||
| Class A-2a Notes | $ | 350,000,000.00 | 5.57 | % | June 15, 2026 | ||||||||||||
| Class A-2b Notes | $ | 250,000,000.00 | 4.12650 | % | * | June 15, 2026 | |||||||||||
| Class A-3 Notes | $ | 479,000,000.00 | 5.23 | % | May 15, 2028 | ||||||||||||
| Class A-4 Notes | $ | 71,000,000.00 | 5.06 | % | February 15, 2029 | ||||||||||||
| Class B Notes | $ | 47,330,000.00 | 5.56 | % | March 15, 2029 | ||||||||||||
| Class C Notes | $ | 31,610,000.00 | 5.71 | % | December 15, 2030 | ||||||||||||
| Total | $ | 1,578,940,000.00 | |||||||||||||||
| * 30-day average SOFR + 0.49% | |||||||||||||||||
II. AVAILABLE FUNDS
| Interest: | |||||
| Interest Collections | $ | 1,450,076.71 | |||
| Principal: | |||||
| Principal Collections | $ | 11,771,881.87 | |||
| Prepayments in Full | $ | 5,829,445.49 | |||
| Liquidation Proceeds | $ | 229,988.59 | |||
| Recoveries | $ | 267,389.65 | |||
| Sub Total | $ | 18,098,705.60 | |||
| Collections | $ | 19,548,782.31 | |||
| Purchase Amounts: | |||||
| Purchase Amounts Related to Principal | $ | 183,680.69 | |||
| Purchase Amounts Related to Interest | $ | 1,335.64 | |||
| Sub Total | $ | 185,016.33 | |||
| Clean-up Call | $0.00 | ||||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Available Funds - Total | $ | 19,733,798.64 | |||
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Ford Credit Auto Owner Trust 2023-B
Monthly Investor Report
| Collection Period | August 2026 | ||||
| Payment Date | 9/15/2026 | ||||
| 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 | $ | 19,733,798.64 | |||||||||||||||||||
| Servicing Fee | $ | 251,206.74 | $ | 251,206.74 | $ | 0.00 | $ | 0.00 | $ | 19,482,591.90 | |||||||||||||||||||
| Interest - Class A-1 Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 19,482,591.90 | |||||||||||||||||||
| Interest - Class A-2a Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 19,482,591.90 | |||||||||||||||||||
| Interest - Class A-2b Notes | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 19,482,591.90 | |||||||||||||||||||
| Interest - Class A-3 Notes | $ | 436,278.53 | $ | 436,278.53 | $ | 0.00 | $ | 0.00 | $ | 19,046,313.37 | |||||||||||||||||||
| Interest - Class A-4 Notes | $ | 299,383.33 | $ | 299,383.33 | $ | 0.00 | $ | 0.00 | $ | 18,746,930.04 | |||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 18,746,930.04 | |||||||||||||||||||
| Interest - Class B Notes | $ | 219,295.67 | $ | 219,295.67 | $ | 0.00 | $ | 0.00 | $ | 18,527,634.37 | |||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 18,527,634.37 | |||||||||||||||||||
| Interest - Class C Notes | $ | 150,410.92 | $ | 150,410.92 | $ | 0.00 | $ | 0.00 | $ | 18,377,223.45 | |||||||||||||||||||
| Reserve Account Deposit | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 18,377,223.45 | |||||||||||||||||||
| Regular Principal Payment | $ | 16,682,309.88 | $ | 16,682,309.88 | $ | 0.00 | $ | 0.00 | $ | 1,694,913.57 | |||||||||||||||||||
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,694,913.57 | |||||||||||||||||||
| Residual Released to Depositor | $ | 0.00 | $ | 1,694,913.57 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||||||||
| Total | $ | 19,733,798.64 | |||||||||||||||||||||||||||
| Principal Payment: | |||||||||||||||||||||||||||||
| First Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Second Priority Principal Payment | $ | 0.00 | |||||||||||||||||||||||||||
| Regular Principal Payment | $ | 16,682,309.88 | |||||||||||||||||||||||||||
| Total | $ | 16,682,309.88 | |||||||||||||||||||||||||||
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 | $ | 16,682,309.88 | $ | 34.83 | $ | 436,278.53 | $ | 0.91 | $ | 17,118,588.41 | $ | 35.74 | |||||||||||||||||||||||
| Class A-4 Notes | $ | 0.00 | $ | 0.00 | $ | 299,383.33 | $ | 4.22 | $ | 299,383.33 | $ | 4.22 | |||||||||||||||||||||||
| Class B Notes | $ | 0.00 | $ | 0.00 | $ | 219,295.67 | $ | 4.63 | $ | 219,295.67 | $ | 4.63 | |||||||||||||||||||||||
| Class C Notes | $ | 0.00 | $ | 0.00 | $ | 150,410.92 | $ | 4.76 | $ | 150,410.92 | $ | 4.76 | |||||||||||||||||||||||
| Total | $ | 16,682,309.88 | $ | 10.57 | $ | 1,105,368.45 | $ | 0.70 | $ | 17,787,678.33 | $ | 11.27 | |||||||||||||||||||||||
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Ford Credit Auto Owner Trust 2023-B
Monthly Investor Report
| Collection Period | August 2026 | ||||
| Payment Date | 9/15/2026 | ||||
| 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 | $ | 100,102,147.56 | 0.2089815 | $ | 83,419,837.68 | 0.1741541 | |||||||||||||||||
| Class A-4 Notes | $ | 71,000,000.00 | 1.0000000 | $ | 71,000,000.00 | 1.0000000 | |||||||||||||||||
| Class B Notes | $ | 47,330,000.00 | 1.0000000 | $ | 47,330,000.00 | 1.0000000 | |||||||||||||||||
| Class C Notes | $ | 31,610,000.00 | 1.0000000 | $ | 31,610,000.00 | 1.0000000 | |||||||||||||||||
| Total | $ | 250,042,147.56 | 0.1583608 | $ | 233,359,837.68 | 0.1477953 | |||||||||||||||||
| Pool Information | |||||||||||
| Weighted Average APR | 5.848 | % | 5.875 | % | |||||||
| Weighted Average Remaining Term | 29.16 | 28.41 | |||||||||
| Number of Receivables Outstanding | 16,123 | 15,591 | |||||||||
| Pool Balance | $ | 301,448,084.42 | $ | 283,123,375.10 | |||||||
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 282,195,431.77 | $ | 265,238,251.25 | |||||||
| Pool Factor | 0.1753236 | 0.1646659 | |||||||||
VI. OVERCOLLATERALIZATION INFORMATION
| Specified Reserve Balance | $ | 3,947,366.14 | |||
| Yield Supplement Overcollateralization Amount | $ | 17,885,123.85 | |||
| Targeted Overcollateralization Amount | $ | 49,763,537.42 | |||
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 49,763,537.42 | |||
VII. RECONCILIATION OF RESERVE ACCOUNT
| Beginning Reserve Account Balance | $ | 3,947,366.14 | |||
| Reserve Account Deposits Made | $ | 0.00 | |||
| Reserve Account Draw Amount | $ | 0.00 | |||
| Ending Reserve Account Balance | $ | 3,947,366.14 | |||
| Change in Reserve Account Balance | $ | 0.00 | |||
| Specified Reserve Balance | $ | 3,947,366.14 | |||
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Ford Credit Auto Owner Trust 2023-B
Monthly Investor Report
| Collection Period | August 2026 | ||||
| Payment Date | 9/15/2026 | ||||
| Transaction Month | 39 | ||||
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| # of Receivables | Amount | ||||||||||||||||
| Current Collection Period Loss: | |||||||||||||||||
| Realized Loss (Charge-Offs) | 47 | $ | 309,712.68 | ||||||||||||||
| (Recoveries) | 101 | $ | 267,389.65 | ||||||||||||||
| Net Loss for Current Collection Period | $ | 42,323.03 | |||||||||||||||
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | 0.1685 | % | |||||||||||||||
| Prior and Current Collection Periods Average Loss: | |||||||||||||||||
| Ratio of Net Loss to the Average Pool Balance (annualized) | |||||||||||||||||
| Third Prior Collection Period | 0.4842 | % | |||||||||||||||
| Second Prior Collection Period | 0.0471 | % | |||||||||||||||
| Prior Collection Period | 0.6465 | % | |||||||||||||||
| Current Collection Period | 0.1738 | % | |||||||||||||||
| Four Month Average (Current and Prior Three Collection Periods) | 0.3379 | % | |||||||||||||||
| Cumulative Loss: | |||||||||||||||||
| Cumulative Realized Loss (Charge-Offs) | 2,974 | $ | 18,576,792.06 | ||||||||||||||
| (Cumulative Recoveries) | $ | 3,693,808.77 | |||||||||||||||
| Cumulative Net Loss for All Collection Periods | $ | 14,882,983.29 | |||||||||||||||
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | 0.8656 | % | |||||||||||||||
| Average Realized Loss for Receivables that have experienced a Realized Loss | $ | 6,246.40 | |||||||||||||||
| Average Net Loss for Receivables that have experienced a Realized Loss | $ | 5,004.37 | |||||||||||||||
| % of EOP Pool Balance | # of Receivables | Amount | |||||||||||||||
| Delinquent Receivables: | |||||||||||||||||
| 31-60 Days Delinquent | 2.34 | % | 245 | $ | 6,615,622.06 | ||||||||||||
| 61-90 Days Delinquent | 0.40 | % | 37 | $ | 1,122,804.36 | ||||||||||||
| 91-120 Days Delinquent | 0.07 | % | 7 | $ | 195,494.08 | ||||||||||||
| Over 120 Days Delinquent | 0.34 | % | 25 | $ | 963,889.04 | ||||||||||||
| Total Delinquent Receivables | 3.14 | % | 314 | $ | 8,897,809.54 | ||||||||||||
| Repossession Inventory: | |||||||||||||||||
| Repossessed in the Current Collection Period | 17 | $ | 502,339.79 | ||||||||||||||
| Total Repossessed Inventory | 37 | $ | 1,174,899.91 | ||||||||||||||
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | |||||||||||||||||
| Second Prior Collection Period | 0.4668 | % | |||||||||||||||
| Prior Collection Period | 0.3907 | % | |||||||||||||||
| Current Collection Period | 0.4426 | % | |||||||||||||||
| Three Month Average | 0.4334 | % | |||||||||||||||
| Delinquency Trigger (61+ Delinquent Receivables) | |||||||||||||||||
| Transaction Month | Trigger | ||||||||||||||||
| 1-12 | 0.80% | ||||||||||||||||
| 13-24 | 1.50% | ||||||||||||||||
| 25-36 | 2.60% | ||||||||||||||||
| 37+ | 4.40% | ||||||||||||||||
| 61+ Delinquent Receivables Balance to EOP Pool Balance | 0.8061 | % | |||||||||||||||
| Delinquency Trigger Occurred | No | ||||||||||||||||
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Ford Credit Auto Owner Trust 2023-B
Monthly Investor Report
| Collection Period | August 2026 | ||||
| Payment Date | 9/15/2026 | ||||
| Transaction Month | 39 | ||||
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount | ||||||||||||
| 1 Month Extended | 52 | $1,448,154.92 | ||||||||||||
| 2 Months Extended | 67 | $1,922,720.80 | ||||||||||||
| 3+ Months Extended | 20 | $522,142.18 | ||||||||||||
| Total Receivables Extended | 139 | $3,893,017.90 | ||||||||||||
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 2023-B published this content on September 18, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 18, 2026 at 14:26 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]