{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-114317","form_type":"8-K","ticker":null,"cik":"0001974820","company_name":"Bridgecrest Auto Funding LLC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.355220+00:00","generated_at":"2026-06-03T08:20:05.192188+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Bridgecrest 2024-2 auto ABS closes with notes at rates from 5.576% to 8.21%","bullets":["Closed April 24, 2024; notes issued: A-1 (5.576%), A-2 (5.78%), A-3 (5.84%), B (5.94%), C (6.07%), D (6.30%), E (8.21%).","Underwriters: Citigroup, Deutsche Bank, Wells Fargo, Fifth Third.","Receivables transferred from Bridgecrest Acceptance Corp via Purchase Agreement; servicer is BAC.","Sale and Servicing Agreement with Computershare as indenture trustee; registered on Form SF-3."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-114317","json":"https://secwatch.observer/filing/0001193125-24-114317.json","markdown":"https://secwatch.observer/filing/0001193125-24-114317.md","text":"https://secwatch.observer/filing/0001193125-24-114317.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/d819149d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:20:05.192188+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1f4684530d6be1a45bbd2fe7a085e43d4a94bd15","claim":"Bridgecrest Auto Funding LLC entered into Purchase Agreement with Bridgecrest Acceptance Corporation and Bridgecrest Auto Funding LLC (effective 2024-04-24).","evidence_excerpt":"Bridgecrest Acceptance Corporation (“BAC”) and Bridgecrest Auto Funding LLC (“BAF”) entered into a Purchase Agreement (the “Purchase Agreement”), dated as of April 24, 2024, (the “Closing Date”), pursuant to which BAC transferred to BAF certain motor vehicle retail installment sales contracts relating to certain new and used automobiles, light-duty trucks, SUVs and vans (the “Receivables”) and related property.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Bridgecrest Acceptance Corporation and Bridgecrest Auto Funding LLC"},{"label":"Effective","value":"2024-04-24"}],"fact_type":"material_agreement"},{"claim_id":"5e4a1fdbcf224b7c7cdd6af08f2c328643189948","claim":"Bridgecrest Auto Funding LLC entered into Sale and Servicing Agreement with the Grantor Trust, BAF, as seller, BAC, as servicer, and Computershare Trust Company, National Association, as indenture trustee and standby servicer (effective 2024-04-24).","evidence_excerpt":"On the Closing Date, the Issuer entered into a Sale and Servicing Agreement, dated as of the Closing Date (the “Sale and Servicing Agreement”), with the Grantor Trust, BAF, as seller, BAC, as servicer, and Computershare Trust Company, National Association, as indenture trustee (the “Indenture Trustee”) and standby servicer, pursuant to which the Receivables and related property were transferred to the Issuer and pursuant to which BAC agreed to act as servicer for the Receivables.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"the Grantor Trust, BAF, as seller, BAC, as servicer, and Computershare Trust Company, National Association, as indenture trustee and standby servicer"},{"label":"Effective","value":"2024-04-24"}],"fact_type":"material_agreement"},{"claim_id":"a8896efcefeacc8ef794b7479fa2d2d7124182dc","claim":"Bridgecrest Auto Funding LLC entered into Underwriting Agreement with BAC, BAF and Citigroup Global Markets Inc., on behalf of itself and as representative of the Underwriters (effective 2024-04-17).","evidence_excerpt":"The Publicly Registered Notes were sold to Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Wells Fargo Securities, LLC and Fifth Third Securities, Inc. (together, the “Underwriters”), pursuant to an Underwriting Agreement, dated as of April 17, 2024, by and among BAC, BAF and Citigroup Global Markets Inc., on behalf of itself and as representative of the Underwriters.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"BAC, BAF and Citigroup Global Markets Inc., on behalf of itself and as representative of the Underwriters"},{"label":"Effective","value":"2024-04-17"}],"fact_type":"material_agreement"},{"claim_id":"cd8205a478c13e497a4f13d94fbb9e9954d278a4","claim":"Bridgecrest Auto Funding LLC entered into Indenture with the Issuer, the Grantor Trust and the Indenture Trustee (effective 2024-04-24).","evidence_excerpt":"Also, on the Closing Date, the Issuer entered into an Indenture, dated as of the Closing Date (the “Indenture”), by and among the Issuer, the Grantor Trust and the Indenture Trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"the Issuer, the Grantor Trust and the Indenture Trustee"},{"label":"Effective","value":"2024-04-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}