Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
February 2026
|
|
Payment Date
|
3/16/2026
|
|
Transaction Month
|
16
|
|
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
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|
Dollar Amount
|
|
# of Receivables
|
|
Weighted Avg Remaining Term at Cutoff
|
|
Initial Pool Balance
|
$
|
1,683,369,242.22
|
|
|
41,794
|
|
57.2 months
|
|
|
|
|
|
|
|
|
|
Dollar Amount
|
|
Note Interest Rate
|
|
Final Scheduled Payment Date
|
|
Original Securities
|
|
|
|
|
|
|
Class A-1 Notes
|
$
|
330,000,000.00
|
|
|
4.604
|
%
|
|
December 15, 2025
|
|
Class A-2a Notes
|
$
|
407,800,000.00
|
|
|
4.59
|
%
|
|
October 15, 2027
|
|
Class A-2b Notes
|
$
|
125,000,000.00
|
|
|
3.97819
|
%
|
*
|
October 15, 2027
|
|
Class A-3 Notes
|
$
|
532,800,000.00
|
|
|
4.61
|
%
|
|
August 15, 2029
|
|
Class A-4 Notes
|
$
|
104,400,000.00
|
|
|
4.66
|
%
|
|
September 15, 2030
|
|
Class B Notes
|
$
|
47,370,000.00
|
|
|
4.88
|
%
|
|
September 15, 2030
|
|
Class C Notes
|
$
|
31,570,000.00
|
|
|
0.00
|
%
|
|
May 15, 2032
|
|
Total
|
$
|
1,578,940,000.00
|
|
|
|
|
|
|
|
|
|
* 30-day average SOFR + 0.32%
|
II. AVAILABLE FUNDS
|
|
|
|
|
|
|
|
Interest:
|
|
|
Interest Collections
|
$
|
3,858,688.09
|
|
|
|
|
|
Principal:
|
|
|
Principal Collections
|
$
|
24,231,645.73
|
|
|
Prepayments in Full
|
$
|
10,738,482.54
|
|
|
Liquidation Proceeds
|
$
|
680,330.10
|
|
|
Recoveries
|
$
|
129,514.24
|
|
|
Sub Total
|
$
|
35,779,972.61
|
|
|
Collections
|
$
|
39,638,660.70
|
|
|
|
|
|
Purchase Amounts:
|
|
|
Purchase Amounts Related to Principal
|
$
|
96,153.50
|
|
|
Purchase Amounts Related to Interest
|
$
|
501.94
|
|
|
Sub Total
|
$
|
96,655.44
|
|
|
|
|
|
Clean-up Call
|
$
|
0.00
|
|
|
|
|
|
Reserve Account Draw Amount
|
$
|
0.00
|
|
|
|
|
|
Available Funds - Total
|
$39,735,316.14
|
Page 1
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
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|
|
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Collection Period
|
February 2026
|
|
Payment Date
|
3/16/2026
|
|
Transaction Month
|
16
|
|
III. DISTRIBUTIONS
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Calculated Amount
|
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Amount Paid
|
|
Shortfall
|
|
Carryover Shortfall
|
|
Remaining Available Funds
|
|
Trustee and Other Fees/Expenses
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
39,735,316.14
|
|
|
Servicing Fee
|
$
|
838,933.53
|
|
|
$
|
838,933.53
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,896,382.61
|
|
|
Interest - Class A-1 Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,896,382.61
|
|
|
Interest - Class A-2a Notes
|
$
|
589,687.02
|
|
|
$
|
589,687.02
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,306,695.59
|
|
|
Interest - Class A-2b Notes
|
$
|
140,993.70
|
|
|
$
|
140,993.70
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
38,165,701.89
|
|
|
Interest - Class A-3 Notes
|
$
|
2,046,840.00
|
|
|
$
|
2,046,840.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
36,118,861.89
|
|
|
Interest - Class A-4 Notes
|
$
|
405,420.00
|
|
|
$
|
405,420.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,713,441.89
|
|
|
First Priority Principal Payment
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,713,441.89
|
|
|
Interest - Class B Notes
|
$
|
192,638.00
|
|
|
$
|
192,638.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,520,803.89
|
|
|
Second Priority Principal Payment
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,520,803.89
|
|
|
Interest - Class C Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,520,803.89
|
|
|
Reserve Account Deposit
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
35,520,803.89
|
|
|
Regular Principal Payment
|
$
|
33,916,671.70
|
|
|
$
|
33,916,671.70
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
1,604,132.19
|
|
|
Additional Trustee and Other Fees/Expenses
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
1,604,132.19
|
|
|
Residual Released to Depositor
|
$
|
0.00
|
|
|
$
|
1,604,132.19
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
Total
|
|
|
$
|
39,735,316.14
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal Payment:
|
|
|
|
|
|
|
|
|
|
|
First Priority Principal Payment
|
|
|
|
|
|
|
|
|
$
|
0.00
|
|
|
Second Priority Principal Payment
|
|
|
|
|
|
|
|
|
$
|
0.00
|
|
|
Regular Principal Payment
|
|
|
|
|
|
|
|
|
$
|
33,916,671.70
|
|
|
Total
|
|
|
|
|
|
|
|
|
$
|
33,916,671.70
|
|
|
|
|
|
|
|
|
|
|
|
|
IV. NOTEHOLDER PAYMENTS
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
$
|
25,959,494.59
|
|
|
$
|
63.66
|
|
|
$
|
589,687.02
|
|
|
$
|
1.45
|
|
|
$
|
26,549,181.61
|
|
|
$
|
65.11
|
|
|
Class A-2b Notes
|
$
|
7,957,177.11
|
|
|
$
|
63.66
|
|
|
$
|
140,993.70
|
|
|
$
|
1.13
|
|
|
$
|
8,098,170.81
|
|
|
$
|
64.79
|
|
|
Class A-3 Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
2,046,840.00
|
|
|
$
|
3.84
|
|
|
$
|
2,046,840.00
|
|
|
$
|
3.84
|
|
|
Class A-4 Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
405,420.00
|
|
|
$
|
3.88
|
|
|
$
|
405,420.00
|
|
|
$
|
3.88
|
|
|
Class B Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
192,638.00
|
|
|
$
|
4.07
|
|
|
$
|
192,638.00
|
|
|
$
|
4.07
|
|
|
Class C Notes
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
$
|
0.00
|
|
|
Total
|
$
|
33,916,671.70
|
|
|
$
|
21.48
|
|
|
$
|
3,375,578.72
|
|
|
$
|
2.14
|
|
|
$
|
37,292,250.42
|
|
|
$
|
23.62
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Page 2
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
February 2026
|
|
Payment Date
|
3/16/2026
|
|
Transaction Month
|
16
|
|
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
|
$
|
154,166,541.51
|
|
|
0.3780445
|
|
$
|
128,207,046.92
|
|
|
0.3143871
|
|
Class A-2b Notes
|
$
|
47,255,560.79
|
|
|
0.3780445
|
|
$
|
39,298,383.68
|
|
|
0.3143871
|
|
Class A-3 Notes
|
$
|
532,800,000.00
|
|
|
1.0000000
|
|
$
|
532,800,000.00
|
|
|
1.0000000
|
|
Class A-4 Notes
|
$
|
104,400,000.00
|
|
|
1.0000000
|
|
$
|
104,400,000.00
|
|
|
1.0000000
|
|
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
|
$
|
917,562,102.30
|
|
|
0.5811254
|
|
$
|
883,645,430.60
|
|
|
0.5596447
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Information
|
|
|
|
|
Weighted Average APR
|
4.874
|
%
|
|
4.883
|
%
|
|
Weighted Average Remaining Term
|
45.26
|
|
44.47
|
|
Number of Receivables Outstanding
|
32,026
|
|
31,430
|
|
Pool Balance
|
$
|
1,006,720,235.64
|
|
|
$
|
970,245,542.82
|
|
|
Adjusted Pool Balance (Pool Balance - YSOC Amount)
|
$
|
949,141,050.86
|
|
|
$
|
915,224,379.16
|
|
|
Pool Factor
|
0.5980389
|
|
0.5763712
|
|
|
|
|
|
VI. OVERCOLLATERALIZATION INFORMATION
|
|
|
|
|
|
|
|
Specified Reserve Balance
|
$
|
3,947,368.57
|
|
|
Yield Supplement Overcollateralization Amount
|
$
|
55,021,163.66
|
|
|
Targeted Overcollateralization Amount
|
$
|
86,600,112.22
|
|
|
Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance)
|
$
|
86,600,112.22
|
|
|
|
|
VII. RECONCILIATION OF RESERVE ACCOUNT
|
|
|
|
|
|
|
|
Beginning Reserve Account Balance
|
$
|
3,947,368.57
|
|
|
Reserve Account Deposits Made
|
$
|
0.00
|
|
|
Reserve Account Draw Amount
|
$
|
0.00
|
|
|
Ending Reserve Account Balance
|
$
|
3,947,368.57
|
|
|
Change in Reserve Account Balance
|
$
|
0.00
|
|
|
Specified Reserve Balance
|
$
|
3,947,368.57
|
|
|
|
|
Page 3
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
February 2026
|
|
Payment Date
|
3/16/2026
|
|
Transaction Month
|
16
|
|
VIII. NET LOSS AND DELINQUENT RECEIVABLES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
# of Receivables
|
|
Amount
|
|
Current Collection Period Loss:
|
|
|
|
|
|
|
Realized Loss (Charge-Offs)
|
|
|
74
|
|
$
|
728,080.95
|
|
|
(Recoveries)
|
|
|
38
|
|
$
|
129,514.24
|
|
|
Net Loss for Current Collection Period
|
|
|
|
|
$
|
598,566.71
|
|
|
Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized)
|
|
|
|
|
0.7135
|
%
|
|
|
|
|
|
|
|
|
Prior and Current Collection Periods Average Loss:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Net Loss to the Average Pool Balance (annualized)
|
|
|
|
|
|
|
Third Prior Collection Period
|
|
|
|
|
0.5034
|
%
|
|
Second Prior Collection Period
|
|
0.7608
|
%
|
|
Prior Collection Period
|
|
|
|
|
0.2956
|
%
|
|
Current Collection Period
|
|
|
|
|
0.7266
|
%
|
|
Four Month Average (Current and Prior Three Collection Periods)
|
|
|
|
|
0.5716
|
%
|
|
|
|
|
|
|
|
|
Cumulative Loss:
|
|
|
|
|
|
|
Cumulative Realized Loss (Charge-Offs)
|
|
|
1,107
|
|
$
|
7,890,702.84
|
|
|
(Cumulative Recoveries)
|
|
|
|
|
$
|
734,846.16
|
|
|
Cumulative Net Loss for All Collection Periods
|
|
|
|
|
$
|
7,155,856.68
|
|
|
Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance
|
|
|
|
0.4251
|
%
|
|
|
|
|
|
|
|
|
Average Realized Loss for Receivables that have experienced a Realized Loss
|
|
|
|
|
$
|
7,128.01
|
|
|
Average Net Loss for Receivables that have experienced a Realized Loss
|
|
|
|
|
$
|
6,464.19
|
|
|
|
|
|
|
|
|
|
|
% of EOP Pool Balance
|
|
# of Receivables
|
|
Amount
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
31-60 Days Delinquent
|
0.89
|
%
|
|
217
|
|
$
|
8,661,172.40
|
|
|
61-90 Days Delinquent
|
0.20
|
%
|
|
38
|
|
$
|
1,899,031.51
|
|
|
91-120 Days Delinquent
|
0.02
|
%
|
|
4
|
|
$
|
221,384.65
|
|
|
Over 120 Days Delinquent
|
0.05
|
%
|
|
15
|
|
$
|
497,333.96
|
|
|
Total Delinquent Receivables
|
1.16
|
%
|
|
274
|
|
$
|
11,278,922.52
|
|
|
|
|
Repossession Inventory:
|
|
|
|
|
|
|
Repossessed in the Current Collection Period
|
|
|
20
|
|
$
|
917,751.94
|
|
|
Total Repossessed Inventory
|
|
|
32
|
|
$
|
1,519,185.94
|
|
|
|
|
|
|
|
|
|
Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables:
|
|
|
|
Second Prior Collection Period
|
|
|
|
|
0.2172
|
%
|
|
Prior Collection Period
|
|
|
|
|
0.2061
|
%
|
|
Current Collection Period
|
|
|
|
|
0.1814
|
%
|
|
Three Month Average
|
|
|
|
|
0.2016
|
%
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
0.2698
|
%
|
|
Delinquency Trigger Occurred
|
|
|
|
|
No
|
Page 4
Ford Credit Auto Owner Trust 2024-D
Monthly Investor Report
|
|
|
|
|
|
|
|
Collection Period
|
February 2026
|
|
Payment Date
|
3/16/2026
|
|
Transaction Month
|
16
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Receivables Granted Extensions in the Current Collection Period:
|
# of Receivables
|
Amount
|
|
|
|
|
|
|
|
1 Month Extended
|
|
|
82
|
$3,353,869.23
|
|
2 Months Extended
|
|
|
104
|
$4,295,855.88
|
|
3+ Months Extended
|
|
|
34
|
$1,322,972.23
|
|
|
|
|
|
|
|
Total Receivables Extended
|
220
|
$8,972,697.34
|
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
Page 5