# EDGAR Filing Document

**Accession Number:** 0001131131
**File Stem:** 0000929638-25-003857
**Filing Date:** 2025-10
**Character Count:** 5005
**Document Hash:** 239a416f4e714b77b863c8d28a76a211
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-003857.hdr.sgml**: 20251008

**ACCESSION NUMBER**: 0000929638-25-003857

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251008

**DATE AS OF CHANGE**: 20251008

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Toyota Auto Receivables 2025-D Owner Trust
- **CENTRAL INDEX KEY:** 0002063141
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-281727-04
- **FILM NUMBER:** 251382970

**BUSINESS ADDRESS:**
- **STREET 1:** 6565 HEADQUARTERS DRIVE
- **STREET 2:** ATTENTION: SEC REPORTING
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75024
- **BUSINESS PHONE:** 469-486-9013

**MAIL ADDRESS:**
- **STREET 1:** 6565 HEADQUARTERS DRIVE
- **STREET 2:** ATTENTION: SEC REPORTING
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75024
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TOYOTA AUTO FINANCE RECEIVABLES LLC
- **CENTRAL INDEX KEY:** 0001131131
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 334836519
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 6565 HEADQUARTERS DRIVE
- **STREET 2:** ATTENTION: SEC REPORTING
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75024
- **BUSINESS PHONE:** 469-486-9013

**MAIL ADDRESS:**
- **STREET 1:** 6565 HEADQUARTERS DRIVE
- **STREET 2:** ATTENTION: SEC REPORTING
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75024

Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement Nos. 333-281727 and 333-281727-04

**Toyota Auto Finance Receivables LLC 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 Toyota Auto Finance Receivables LLC has filed with the SEC for more complete information about Toyota Auto Finance Receivables LLC, Toyota Auto Receivables 2025-D Owner Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at <u>www.sec.gov</u>. Alternatively, Toyota Auto Finance Receivables LLC, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-408-1016.**

Free Writing Prospectus dated October 8, 2025

![](tmcc_logo.jpg)

**$1,300,000,000**<sup>(1)</sup>

### Toyota Auto Receivables 2025-D Owner Trust

#### Issuing Entity

#### Toyota Auto Finance Receivables LLC

#### Depositor

#### Toyota Motor Credit Corporation

#### Sponsor, Administrator and Servicer
The depositor has prepared a preliminary prospectus dated October 8, 2025 which describes the notes issued by the issuing entity. You should review the preliminary prospectus in its entirety before deciding to purchase any of the Class A Notes.

#### Ratings
It is a condition to the issuance of the notes that the Class A-1 Notes, the Class A-2a Notes, the Class A-2b Notes, the Class A-3 Notes and the Class A-4 Notes receive at least the indicated ratings from Fitch Ratings, Inc. ("Fitch") and S&P Global Ratings ("S&P" and, together with Fitch, the "rating agencies") listed below.

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| | | |
|:---|:---|:---|
|  | Fitch | S&P |
| Class A-1 Notes | F1+sf | A-1+ (sf) |
| Class A-2a Notes | AAAsf | AAA (sf) |
| Class A-2b Notes | AAAsf | AAA (sf) |
| Class A-3 Notes | AAAsf | AAA (sf) |
| Class A-4 Notes | AAAsf | AAA (sf) |

---

________________

<sup>(1)</sup> The aggregate initial principal amount of the notes may be $1,600,000,000 or $1,900,000,000.

A security rating is not a recommendation to buy, sell or hold notes. The ratings of the notes address the likelihood of the payment of principal and interest on the notes according to their terms. Each rating agency rating the notes will monitor the ratings using its normal surveillance procedures. Any rating agency may change or withdraw an assigned rating at any time. If this happens, no person or entity will be obligated to provide any additional credit enhancement for the notes. Any rating action taken by one rating agency may not necessarily be taken by the other rating agency.

None of the sponsor, the depositor, the servicer, the administrator, the indenture trustee, the owner trustee, the asset representations reviewer or any of their respective affiliates will be required to monitor any changes to the ratings of the notes.

***Joint Bookrunners***<br>

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| | | | | |
|:---|:---|:---|:---|:---|
| **J.P. Morgan** | **CIBC Capital Markets** | **Mizuho** | **SMBC Nikko** | **TD Securities** |

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***Co-Manager***<br>

**BBVA**<br>

<br>