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World Omni Auto Receivables Trust 2024-C

06/29/2026 | Press release | Distributed by Public on 06/29/2026 07:56

Asset-Backed Issuer Distribution Report (Form 10-D)

World Omni Auto Receivables Trust 2024-C

Monthly Servicer Certificate

May 31, 2026

Dates Covered
Collections Period 05/01/26 - 05/31/26
Interest Accrual Period 05/15/26 - 06/14/26
30/360 Days 30
Actual/360 Days 31
Distribution Date 06/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 04/30/26 502,546,276.66 22,972
Yield Supplement Overcollateralization Amount 04/30/26 28,442,729.34 0
Receivables Balance 04/30/26 530,989,006.00 22,972
Principal Payments 22,708,165.58 516
Defaulted Receivables 1,063,040.90 36
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 05/31/26 26,651,211.91 0
Pool Balance at 05/31/26 480,566,587.61 22,420
Pool Statistics $ Amount # of Accounts
Pool Factor 38.64 %
Prepayment ABS Speed 1.49 %
Aggregate Starting Principal Balance 1,312,595,946.50 46,537
Delinquent Receivables:
Past Due 31-60 days 9,849,837.13 344
Past Due 61-90 days 3,071,174.26 103
Past Due 91-120 days 586,714.55 23
Past Due 121+ days 0.00 0
Total 13,507,725.94 470
Total 31+ Delinquent as % Aggregate Ending Principal Balance 2.66 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.72 %
Delinquency Trigger Occurred NO
Recoveries 836,291.45
Aggregate Net Losses/(Gains) - May 2026 226,749.45
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.51 %
Prior Net Losses/(Gains) Ratio 0.47 %
Second Prior Net Losses/(Gains) Ratio 0.25 %
Third Prior Net Losses/(Gains) Ratio 0.88 %
Four Month Average 0.53 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.81 %
Overcollateralization Target Amount 6,052,770.45
Actual Overcollateralization 6,052,770.45
Weighted Average Contract Rate 6.78 %
Weighted Average Contract Rate, Yield Adjusted 10.03 %
Weighted Average Remaining Term 43.68
Flow of Funds $ Amount
Collections 26,408,360.77
Investment Earnings on Cash Accounts 11,812.13
Servicing Fee (442,490.84 )
Transfer to Collection Account -
Available Funds 25,977,682.06
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 1,632,279.61
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 141,648.00
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 73,094.00
(7) Noteholders' Third Priority Principal Distributable Amount 15,926,918.60
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 6,052,770.45
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 2,150,971.40
Total Distributions of Available Funds 25,977,682.06
Servicing Fee 442,490.84
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 1,156,070,000.00
Original Class B 36,320,000.00
Original Class C 18,160,000.00
Total Class A, B, & C
Note Balance @ 05/15/26 496,493,506.21
Principal Paid 21,979,689.05
Note Balance @ 06/15/26 474,513,817.16
Class A-1
Note Balance @ 05/15/26 0.00
Principal Paid 0.00
Note Balance @ 06/15/26 0.00
Note Factor @ 06/15/26 0.0000000 %
Class A-2a
Note Balance @ 05/15/26 0.00
Principal Paid 0.00
Note Balance @ 06/15/26 0.00
Note Factor @ 06/15/26 0.0000000 %
Class A-2b
Note Balance @ 05/15/26 0.00
Principal Paid 0.00
Note Balance @ 06/15/26 0.00
Note Factor @ 06/15/26 0.0000000 %
Class A-3
Note Balance @ 05/15/26 380,443,506.21
Principal Paid 21,979,689.05
Note Balance @ 06/15/26 358,463,817.16
Note Factor @ 06/15/26 88.9488380 %
Class A-4
Note Balance @ 05/15/26 61,570,000.00
Principal Paid 0.00
Note Balance @ 06/15/26 61,570,000.00
Note Factor @ 06/15/26 100.0000000 %
Class B
Note Balance @ 05/15/26 36,320,000.00
Principal Paid 0.00
Note Balance @ 06/15/26 36,320,000.00
Note Factor @ 06/15/26 100.0000000 %
Class C
Note Balance @ 05/15/26 18,160,000.00
Principal Paid 0.00
Note Balance @ 06/15/26 18,160,000.00
Note Factor @ 06/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 1,847,021.61
Total Principal Paid 21,979,689.05
Total Paid 23,826,710.66
Class A-1
Coupon 5.36900 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 4.78000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.64285 %
Coupon 4.11285 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 4.43000 %
Interest Paid 1,404,470.61
Principal Paid 21,979,689.05
Total Paid to A-3 Holders 23,384,159.66
Class A-4
Coupon 4.44000 %
Interest Paid 227,809.00
Principal Paid 0.00
Total Paid to A-4 Holders 227,809.00
Class B
Coupon 4.68000 %
Interest Paid 141,648.00
Principal Paid 0.00
Total Paid to B Holders 141,648.00
Class C
Coupon 4.83000 %
Interest Paid 73,094.00
Principal Paid 0.00
Total Paid to C Holders 73,094.00
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 1.5257706
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 18.1567792
Total Distribution Amount 19.6825498
A-1 Interest Distribution Amount 0.0000000
A-1 Interest Carryover Shortfall 0.0000000
A-1 Principal Distribution Amount 0.0000000
Total A-1 Distribution Amount 0.0000000
A-2a Interest Distribution Amount 0.0000000
A-2a Interest Carryover Shortfall 0.0000000
A-2a Principal Distribution Amount 0.0000000
Total A-2a Distribution Amount 0.0000000
A-2b Interest Distribution Amount 0.0000000
A-2b Interest Carryover Shortfall 0.0000000
A-2b Principal Distribution Amount 0.0000000
Total A-2b Distribution Amount 0.0000000
A-3 Interest Distribution Amount 3.4850387
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 54.5401713
Total A-3 Distribution Amount 58.0252100
A-4 Interest Distribution Amount 3.7000000
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 3.7000000
B Interest Distribution Amount 3.9000000
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 3.9000000
C Interest Distribution Amount 4.0250000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 4.0250000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 724.62
Noteholders' Principal Distributable Amount 275.38
Account Balances $ Amount
Reserve Account
Balance as of 05/15/26 3,026,385.22
Investment Earnings 8,996.80
Investment Earnings Paid (8,996.80 )
Deposit/(Withdrawal) -
Balance as of 06/15/26 3,026,385.22
Change -
Required Reserve Amount 3,026,385.22
World Omni Auto Receivables Trust 2024-C published this content on June 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 29, 2026 at 13:56 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]