Carvana Auto Receivables Trust 2021-N3 Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Carvana Auto Receivables Trust 2021-N3 |
| Form Type | 10-K |
| Filed Date | Mar 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-loans, sec-filing, 10-k
Related Tickers: CVNA
TL;DR
Carvana 2021-N3 trust filed its 2024 10-K. Auto loan ABS performance details inside.
AI Summary
Carvana Auto Receivables Trust 2021-N3 filed its annual 10-K report for the fiscal year ending December 31, 2024. The filing details the performance and structure of auto loan asset-backed securities issued by the trust. The report is filed under the 1934 Securities Exchange Act and provides information relevant to investors in these auto loan securities.
Why It Matters
This filing provides crucial transparency into the performance of auto loan securitizations, impacting investors' understanding of risk and return for these specific Carvana-backed securities.
Risk Assessment
Risk Level: medium — Asset-backed securities, especially those tied to auto loans, carry inherent risks related to borrower default and economic conditions affecting the automotive market.
Key Numbers
- 2024 — Fiscal Year End (The report covers the performance up to December 31, 2024.)
- 2021-N3 — Trust Series (Identifies the specific securitization trust being reported on.)
- 333-239650-06 — Commission File Number (Unique identifier for the issuing entity's filings with the SEC.)
Key Players & Entities
- Carvana Auto Receivables Trust 2021-N3 (company) — Issuing entity of the asset-backed securities
- 300 E. RIO SALADO PARKWAY, BLDG. 1, TEMPE, AZ 85281 (company) — Business and mailing address for the trust
- 4805351917 (dollar_amount) — Business phone number
- December 31, 2024 (date) — Fiscal year end for the report
- 1934 Act (company) — Securities Exchange Act under which the report is filed
FAQ
What is the primary purpose of the Carvana Auto Receivables Trust 2021-N3?
The trust is structured to hold auto loans originated by Carvana and issue asset-backed securities to investors, backed by these loans.
What period does this 10-K filing cover?
This 10-K filing covers the fiscal year ended December 31, 2024.
Under which act is this annual report filed?
This annual report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the business address of the Carvana Auto Receivables Trust 2021-N3?
The business address is 300 E. RIO SALADO PARKWAY, BLDG. 1, TEMPE, AZ 85281.
What type of assets are securitized by this trust?
The trust securitizes auto loans.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 27, 2025 regarding Carvana Auto Receivables Trust 2021-N3.