0000929638-24-000182.txt : 20240124 0000929638-24-000182.hdr.sgml : 20240124 20240123174723 ACCESSION NUMBER: 0000929638-24-000182 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240123 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Exeter Automobile Receivables Trust 2024-1 CENTRAL INDEX KEY: 0002005087 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-268757-06 FILM NUMBER: 24553701 BUSINESS ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: (214) 572-8276 MAIL ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EFCAR, LLC CENTRAL INDEX KEY: 0001654238 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance IRS NUMBER: 453969432 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: (214) 572-8276 MAIL ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 FWP 1 eart2024-1_fwp.htm FREE WRITING PROSPECTUS
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated January 23, 2024
Registration Statement Nos. 333-268757 and 333-268757-06

***PRICING DETAILS*** $629.508mm Exeter Automobile Receivables Trust 2024-1 (EART 2024-1)

Joint Bookrunners : J.P. Morgan (struc), BNP, Wells Fargo
Co-Managers : Citi, Citizens, Deutsche Bank

TOTAL AVAIL
CL
AMT($MM)
AMT($MM)
WAL
MDY/FITCH
P.WIN
E.FNL
L.FNL
BENCH
SPREAD
YLD%
CPN%
$PX
A1
63.000
59.850
0.13
P-1/F1+
1-3
04/24
02/25
I-Curve
+20
5.580
5.580
100.00000
A2
147.380
140.011
0.59
Aaa/AAA
3-13
02/25
10/26
I-Curve
+45
5.600
5.53
99.99696
A3
78.960
75.012
1.30
Aaa/AAA
13-19
08/25
08/27
I-Curve
+70
5.372
5.31
99.99669
B
116.240
110.428
1.98
Aaa/AA
19-29
06/26
08/28
I-Curve
+98
5.357
5.29
99.98495
C
100.800
95.760
2.81
Aa3/A
29-39
04/27
05/30
I-Curve
+128
5.476
5.41
99.98842
D
99.720
94.734
3.73
Baa3/BBB
39-52
05/28
06/30
I-Curve
+180
5.917
5.84
99.98242
E
56.540
53.713
4.57
NR/BB
52-57
10/28
08/31
I-Curve
+395
8.021
7.89
99.99992

Expected Settle : 01/31/24 Registration : Classes A-D: SEC; Class E: 144A, Reg S
First Pay Date : 02/15/24 ERISA Eligible : Classes A-D: Yes; Class E: No
Expected Ratings : Moody's, Fitch Px Speed : 1.50% ABS to 5% Clean-Up Call
Ticker : EART 2024-1 Min Denoms : Classes A-D: $1k x $1k;
Bill & Deliver : J.P. Morgan Class E : $744k x $1k
Expected Pricing : PRICED Available Information:
CUSIPs : A1 30167PAA8 * Prelim Prospectus : Attached
A2 30167PAB6 * Ratings FWP : Attached
A3 30167PAC4 * Prelim OM : Attached
B 30167PAD2 * DealRoadshow.com : EART241
C 30167PAE0 * IntexNet/CDI : Separate Message
D 30167PAF7
E 30167PAG5

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The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.