Presale Report  ·  Data as of 2025-08-13

World Omni Auto Receivables Trust 2025-C Auto Loan prime FINAL · CLOSED 2025-08-13

Notes
$1,218.5MM
Pool
$1,302.9MM
Reserve
0.23%
AAA Sub
4.5%
Sponsor: World Omni Financial Corp  ·  Servicer: World Omni Financial Corp.  ·  Trustee: U.S. Bank Trust Company, National Association

Capital Structure

ClassSize ($MM)% of PoolSub %CPN / SpreadWALLegal FinalS&PFitch
Class A-1245.918.9%74.6%4.36% fxd0.252026-08-17A-1+F1+
Class A-2A233.017.9%56.8%4.19% fxd1.102028-10-16AAAAAA
Class A-2B185.014.2%42.6%+35 bps SOFR1.102028-10-16AAAAAA
Class A-3418.032.1%10.5%4.08% fxd2.682030-11-15AAAAAA
Class A-481.86.3%4.2%4.19% fxd3.912031-11-17AAAAAA
Class B36.52.8%1.4%4.42% fxd3.922031-11-17AAAA
Class C18.31.4%0.0%4.62% fxd3.922032-10-15AA

Transaction Parties

SponsorWorld Omni Financial Corp
ServicerWorld Omni Financial Corp.
Depositor / TransferorWorld Omni Auto Receivables LLC
Indenture TrusteeU.S. Bank Trust Company, National Association
Owner TrusteeWilmington Trust, National Association
Asset Rep. ReviewerClayton Fixed Income Services LLC
UnderwritersTD Securities, BofA Securities, U.S. Bancorp Investments

Issuer Track Record

WOART 2025-CWOART 2025-BWOART 2025-AWOART 2024-CWOART 2024-BWOART 2024-A
Collateral (pool at cut-off)
Closing date2025-08-132025-05-142025-01-292024-08-202024-05-222024-02-14
Pool balance$1,302.9MM$1,281.8MM$1,305.7MM$1,312.6MM$1,335.1MM$1,343.7MM
WA Credit Score758+2756756756757757
WA APR6.30%−0.31pp6.49%6.61%6.67%7.32%6.54%
WA original term mo68.3+0.267.9 mo68.2 mo68.1 mo68.3 mo67.6 mo
% new vehicles97.3%96.4%95.6%96.2%95.3%95.6%
Reserve %0.23%0.24%0.23%0.23%0.23%0.23%
Geo top-3FL 47.4%
GA 18.6%
NC 14.9%
FL 47.7%
GA 18.7%
NC 15.4%
FL 49.1%
GA 18.2%
NC 17.8%
FL 43.8%
GA 19.9%
NC 16.8%
FL 47.9%
GA 18.3%
NC 15.8%
Structure (at issuance)
AAA spread+35 bps−3bps+47 bps+33 bps+43 bps+34 bps
AAA % of pool70.4%−0.5pp70.1%71.1%35.4%70.9%71.2%
Subordination below AAA4.2%+0.0pp4.3%4.2%4.2%4.2%4.1%
OC (initial)
OC target0.90%0.90%0.90%0.90%0.90%1.15%
OC floor0.50%0.50%0.50%0.50%0.50%0.50%
YSOC6.48%5.38%4.86%7.77%6.11%6.75%
Tranches777777

OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.

Peer Set

WOART 2025-CHAROT 2025-3TAOT 2025-CGMCAR 2025-3HART 2025-BNAROT 2025-A
Collateral (pool at cut-off)
Closing date2025-08-132025-08-122025-07-302025-07-162025-06-112025-05-27
Pool balance$1,302.9MM$2,483.1MM$2,001.9MM$974.1MM$2,188.2MM$1,668.5MM
WA Credit Score758−12769770783770789
WA APR6.30%+0.60pp4.97%5.85%5.70%5.95%4.46%
WA original term mo68.3+1.761.9 mo65.7 mo69.0 mo67.5 mo
% new vehicles97.3%86.0%88.0%87.9%97.5%6.9%
Reserve %0.23%0.25%0.25%0.25%0.25%0.25%
Geo top-3FL 47.4%
GA 18.6%
NC 14.9%
CA 16.3%
TX 9.8%
PA 7.6%
CA 21.9%
TX 15.8%
IL 3.9%
TX 13.7%
FL 7.4%
CA 6.4%
CA 14.3%
TX 11.9%
FL 9.3%
TX 14.8%
FL 7.3%
CA 6.7%
Structure (at issuance)
AAA spread+35 bps+2bps+35 bps+30 bps+30 bps+45 bps
AAA % of pool70.4%−0.6pp72.5%71.0%72.9%56.0%68.0%
Subordination below AAA4.2%+1.8pp0.0%2.4%3.0%4.6%1.4%
OC (initial)0.85%2.75%3.00%2.50%
OC target0.90%0.85%2.75%3.00%2.50%
OC floor0.50%0.85%2.75%3.00%2.50%
YSOC6.48%4.77%5.09%3.50%5.22%7.79%
Tranches756776

OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.

Historical Performance Context

Anchor expectations in empirical base rates from the sponsor's prior series and FICO-tier peer set.

Left: per-series cumulative NET loss at matched seasoning 10-D (10-D servicer distribution reports). IQR band uses a fixed cohort of all peer series with ≥18 months of data (181 series across 9 issuers). Right: portfolio-level 60+ DQ rate aggregated across all active deals per issuer (calendar time, last 3 years), from ABS-EE loan-level data ABS-EE.

CNL by seasoning — WOART vs. prime peers0.2%0.4%0.5%0.7%M0M12M24M36M48Seasoning (months from cut-off)CNLWOART 2025-BWOART 2025-AWOART 2024-CWOART 2024-Bprime peers medianPeer IQR (fixed cohort, n=114)
Portfolio 60+ DQ — WOART vs. peers (calendar time)0.15%0.30%0.46%0.61%2022-082023-042024-012024-102025-07Calendar date60+ DQ rateWOARTBMWOTFCAOTGMCARHAROT

World Omni Financial Corp — ticker WOART. Peer tier: prime.
Open in Explorer ↗ for FICO sub-band and new/used stratification.