| ☒ | 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)              | 38-7152140(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)                                      |
| Large accelerated filer | ☐ |                                          | Accelerated filer         | ☐ |
|-------------------------|---------|-----------------------------------------------|---------------------------|---------|
| Non-accelerated filer   | ☒ | (Do not check if a smaller reporting company) | Smaller reporting company | ☐ |
|                    |    |                                          | Emerging growth company   | ☐ |

----

----

----

| Item 5.  | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. |
|----------|---------------------------------------------------------------------------------------------------------------------|
| Item 6.  | Selected Financial Data.                                                                                            |
| Item 7.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations.                        |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk.                                                         |
| Item 8.  | Financial Statements and Supplementary Data.                                                                        |
| Item 9.  | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.                               |
| Item 9A. | Controls and Procedures.                                                                                            |

----

| Item 10. | Directors, Executive Officers and Corporate Governance.                                         |
|----------|-------------------------------------------------------------------------------------------------|
| Item 11. | Executive Compensation.                                                                         |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence.                      |
| Item 14. | Principal Accountant Fees and Services.                                                         |

----

|  | (1) | Not applicable. |
|--|-----|-----------------|

|  | (2) | Not applicable. |
|--|-----|-----------------|

|  | (3) | See Item 15(b) below. |
|--|-----|-----------------------|

| 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 May 17, 2017, between TAFR LLC and Wells Fargo Delaware Trust Company, National Association, as owner trustee (included in Exhibit 4.1 to the Trust’s Form 8-K, as filed with the Commission on May 17, 2017, which is incorporated herein by reference).                                             |
| 4.2            | Indenture, dated as of May 17, 2017, 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 May 17, 2017, which is incorporated herein by reference).                           |
| 4.3            | Sale and Servicing Agreement, dated as of May 17, 2017, 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 May 17, 2017, which is incorporated herein by reference).                                                                  |
| 4.4            | Receivables Purchase Agreement, dated as of May 17, 2017, 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 May 17, 2017, which is incorporated herein by reference).                                                                                               |
| 4.5            | Administration Agreement, dated as of May 17, 2017, 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 May 17, 2017, which is incorporated herein by reference).                                                                           |
| 4.6            | Securities Account Control Agreement, dated as of May 17, 2017, 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 May 17, 2017, which is incorporated herein by reference).                                                                   |
| 4.7            | Asset Representations Review Agreement, dated as of May 17, 2017, 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 May 17, 2017, which is incorporated herein by reference). |
| 31.1*          | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, dated March 28, 2018.                                                                                                                                                                                                                                                                |
| 33.1*          | Report on Assessment of Compliance with Servicing Criteria for Toyota Motor Credit Corporation, dated March 28, 2018.                                                                                                                                                                                                                                         |
| 33.2*          | Report on Assessment of Compliance with Servicing Criteria for U.S. Bank National Association, dated February 28, 2018.                                                                                                                                                                                                                                       |
| 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 28, 2018.                                                                                                                                                  |
| 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 28, 2018.                                                                                                                                                     |
| 35.1*          | Servicer Compliance Statement, dated March 28, 2018, of Toyota Motor Credit Corporation.                                                                                                                                                                                                                                                                      |

----

|                       | Toyota Auto Finance Receivables LLC                                                                                                                                                                                                                                                                                   |
|----------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       | (Depositor)                                                                                                                                                                                                                                                                                                           |
|                       |                                                                                                                                                                                                                                                                                                                  |
|                       |                                                                                                                                                                                                                                                                                                                  |
| Date:  March 28, 2018 | By:  /s/ Wei Shi                                                 |
|                       |                                                                                                                                                                                                                                                                                                                  |
|                       | Wei Shi                                                                                                                                                                                                                                                                                                               |
|                       | President, Chief Executive Officer & Chief Financial Officer                                                                                                                                                                                                                                                      |
|                       | (Senior officer in charge of securitization of the depositor)                                                                                                                                                                                                                                                         |

----