| ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|--------------------------------------------------------------------------------------|

| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|------------------------------------------------------------------------------------------|

| Delaware(State or other jurisdiction ofincorporation or organization of issuing entity)              | 36-7736018(I.R.S. EmployerIdentification No. of issuing entity) |
|------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------|
|                                                                                                 |                                                            |
| 6565 Headquarters Drive, W2-3DPlano, Texas(Address of principal executive offices of issuing entity) |  75024-5965(Zip Code)                                      |
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---------------------|-------------------|-------------------------------------------|
| Not applicable      | Not applicable    | Not applicable                            |
| Large accelerated filer | ☐ |   | Accelerated filer         | ☐ |
|-------------------------|---------|--------|---------------------------|---------|
| Non-accelerated filer   | ☒ |        | Smaller reporting company | ☐ |
|                    |    |   | Emerging growth company   | ☐ |

----

----

----

----

----

| Exhibit Number | Description                                                                                                                                                                                                                                                                                                                                                                                                   |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1            | Certificate of Formation of Toyota Auto Finance Receivables                    LLC (“TAFR LLC”) (included in Exhibit 3.1 to Amendment No. 1 to Registration Statement on Form S-3 (333-159170), as filed by the registrant with the Commission on May 28, 2009, which is incorporated herein by reference).                                                                                       |
| 3.2            | Limited Liability Company Agreement of TAFR LLC (included in                    Exhibit 3.2 to Amendment No. 1 to Registration Statement on Form S-3 (333-159170), as filed by the registrant with the Commission on May 28, 2009, which is incorporated herein by reference).                                                                                                                                |
| 4.1            | Amended and Restated Trust Agreement, dated as of November 13,                    2019, between TAFR LLC and Wilmington Trust, National Association, as owner trustee (included in Exhibit 4.1 to the Trust’s Form 8-K, as filed with the Commission on November 13, 2019, which is incorporated herein by reference).                                                                                  |
| 4.2            | Indenture, dated as of November 13, 2019, between the Trust and                    U.S. Bank National Association, as indenture trustee (the “Indenture Trustee”) and securities intermediary (included in Exhibit 4.2 to the Trust’s Form 8-K, as filed with the Commission on November 13, 2019, which is incorporated herein                    by reference).                           |
| 4.3            | Sale and Servicing Agreement, dated as of November 13, 2019,                    among TAFR LLC, as seller, TMCC, as servicer and sponsor, and the Trust, as issuer (included in Exhibit 4.3 to the Trust’s Form 8-K, as filed with the Commission on November 13, 2019, which is incorporated herein by reference).                                                                                     |
| 4.4            | Receivables Purchase Agreement, dated as of November 13, 2019,                    between TAFR LLC, as purchaser, and TMCC, as seller (included in Exhibit 4.4 to the Trust’s Form 8-K, as filed with the Commission on November 13, 2019, which is incorporated herein by reference).                                                                                                                  |
| 4.5            | Administration Agreement, dated as of November 13, 2019, among                    TMCC, as administrator, the Trust, as issuer, and the Indenture Trustee (included in Exhibit 4.5 to the Trust’s Form 8-K, as filed with the Commission on November 13, 2019, which is incorporated herein by reference).                                                                                              |
| 4.6            | Securities Account Control Agreement, dated as of November 13,                    2019, between TAFR LLC, as pledgor, and the Indenture Trustee, as secured party (included in Exhibit 4.6 to the Trust’s Form 8-K, as filed with the Commission on November 13, 2019, which is incorporated herein by reference).                                                                                      |
| 4.7            | Asset Representations Review Agreement, dated as of November                    13, 2019, among the Trust, as issuer, TMCC, as servicer and administrator, and Clayton Fixed Income Services LLC, as asset representations reviewer (included in Exhibit 4.7 to the Trust’s Form 8-K, as filed with the Commission on                    November 13, 2019, which is incorporated herein by reference). |
| 31.1*          | Certification pursuant to Section 302 of the                    Sarbanes-Oxley Act of 2002, dated March 27, 2020.                                                                                                                                                                                                                                                                                             |
| 33.1*          | Report on Assessment of                    Compliance with Servicing Criteria for Toyota Motor Credit Corporation, dated March 27, 2020.                                                                                                                                                                                                                                                                      |
| 33.2*          | Report on Assessment of                    Compliance with Servicing Criteria for U.S. Bank National Association, dated February 27, 2020.                                                                                                                                                                                                                                                                    |
| 34.1*          | Report of Independent Registered Public                    Accounting Firm of PricewaterhouseCoopers LLP on Assessment of Compliance with Servicing Criteria relating to Toyota Motor Credit Corporation, dated March 27, 2020.                                                                                                                                                                               |
| 34.2*          | Report of Independent Registered Public                    Accounting Firm of Ernst & Young LLP on Assessment of Compliance with Servicing Criteria relating to U.S. Bank National Association, dated February 27, 2020.                                                                                                                                                                                  |
| 35.1*          | Servicer Compliance Statement, dated March 27,                    2020, of Toyota Motor Credit Corporation.                                                                                                                                                                                                                                                                                                   |

----

|                       | Toyota Auto Finance Receivables LLC                                                                                                                                                                                                                                             |
|----------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       | (Depositor)                                                                                                                                                                                                                                                                     |
|                       |                                                                                                                                                                                                                                                                            |
|                       |                                                                                                                                                                                                                                                                            |
| Date:  March 27, 2020 | By:  /s/ Scott Cooke                                          |
|                       |                                                                                                                                                                                                                                                                            |
|                       | Scott Cooke                                                                                                                                                                                                                                                                     |
|                       | President, Chief Executive Officer & Chief Financial Officer                                                                                                                                                                                                                |
|                       | (Senior officer in charge of securitization of the depositor)                                                                                                                                                                                                                   |
|                       |                                                                                                                                                                                                                                                                            |

----