Presale Report  ·  Data as of 2026-08-26

World Omni Auto Receivables Trust 2026-C Auto Loan prime FINAL · CLOSED 2026-08-26

Notes
$1,011.1MM
Pool
$1,084.4MM
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-1206.019.0%74.2%3.91% fxd0.222027-08-16A-1+F1+
Class A-2A286.026.4%47.9%4.27% fxd1.102029-11-15AAAAAA
Class A-2B75.06.9%41.0%+31 bps SOFR1.102029-11-15AAAAAA
Class A-3329.030.3%10.6%4.60% fxd2.642031-10-15AAAAAA
Class A-469.66.4%4.2%4.68% fxd3.862032-11-15AAAAAA
Class B30.32.8%1.4%4.80% fxd3.892032-11-15AAAA
Class C15.21.4%0.0%4.95% fxd3.892033-10-17AA

Transaction Parties

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

Issuer Track Record

WOART 2026-CWOART 2026-BWOART 2026-AWOART 2025-DWOART 2025-CWOART 2025-B
Collateral (pool at cut-off)
Closing date2026-08-262026-05-132026-02-182025-10-152025-08-132025-05-14
Pool balance$1,084.4MM$1,406.0MM$1,312.6MM$982.7MM$1,302.9MM$1,281.8MM
WA Credit Score7580759758757758756
WA APR5.74%−0.41pp5.79%5.87%6.15%6.30%6.49%
WA original term mo69.0+0.668.6 mo68.4 mo68.6 mo68.3 mo67.9 mo
% new vehicles98.5%98.1%98.0%97.6%97.3%96.4%
Reserve %0.23%0.23%0.24%0.23%0.23%0.24%
Geo top-3FL 46.2%
GA 18.6%
NC 15.4%
FL 45.9%
GA 18.6%
NC 15.2%
FL 44.5%
GA 18.6%
NC 16.2%
FL 46.0%
GA 18.7%
NC 15.7%
FL 47.4%
GA 18.6%
NC 14.9%
FL 47.7%
GA 18.7%
NC 15.4%
Structure (at issuance)
AAA spread+31 bps−4bps+38 bps+31 bps+31 bps+35 bps+47 bps
AAA % of pool70.0%−0.0pp70.3%69.7%69.9%70.4%70.1%
Subordination below AAA4.2%−0.0pp4.2%4.2%4.2%4.2%4.3%
OC (initial)
OC target0.90%0.90%0.90%0.90%0.90%0.90%
OC floor0.50%0.50%0.50%0.50%0.50%0.50%
YSOC6.76%6.38%5.47%6.55%6.48%5.38%
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 2026-CBMWOT 2026-AHAROT 2026-3TAOT 2026-CGMCAR 2026-3FCAOT 2026-B
Collateral (pool at cut-off)
Closing date2026-08-262026-08-192026-08-122026-07-212026-07-152026-06-23
Pool balance$1,084.4MM$1,895.5MM$2,159.3MM$2,023.1MM$1,078.8MM$1,655.3MM
WA Credit Score758−13784770771781752
WA APR5.74%+0.67pp3.35%4.94%5.36%5.93%5.07%
WA original term mo69.0+3.065.1 mo62.7 mo66.0 mo70.0 mo66.4 mo
% new vehicles98.5%70.5%86.1%87.5%80.8%92.6%
Reserve %0.23%0.25%0.25%0.25%0.25%0.24%
Geo top-3FL 46.2%
GA 18.6%
NC 15.4%
CA 15.9%
TX 13.2%
FL 10.9%
CA 16.1%
TX 10.0%
NY 5.8%
CA 24.2%
TX 16.3%
IL 3.9%
TX 14.4%
FL 6.8%
CA 6.7%
TX 17.3%
CA 8.7%
FL 8.5%
Structure (at issuance)
AAA spread+31 bps+1bps+30 bps+32 bps+31 bps+30 bps+14 bps
AAA % of pool70.0%−3.9pp72.0%73.9%91.6%73.5%90.6%
Subordination below AAA4.2%+1.8pp0.0%0.0%2.3%3.0%4.8%
OC (initial)2.50%0.85%2.75%2.00%
OC target0.90%2.50%0.85%2.75%2.00%
OC floor0.50%2.50%0.85%2.75%2.00%
YSOC6.76%5.31%5.84%6.08%3.18%4.61%
Tranches755677

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 (203 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%0.6%0.7%M0M12M24M36M48Seasoning (months from cut-off)CNLWOART 2026-AWOART 2025-DWOART 2025-CWOART 2025-Bprime peers medianPeer IQR (fixed cohort, n=140)
Portfolio 60+ DQ — WOART vs. peers (calendar time)0.17%0.33%0.50%0.66%2023-082024-042025-012025-102026-07Calendar date60+ DQ rateWOARTBMWOTFCAOTGMCARHAROT

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