---
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"
generated_at: "2026-06-03T08:20:05.192188+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bridgecrest 2024-2 auto ABS closes with notes at rates from 5.576% to 8.21%

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-114317
- form_type: 8-K
- cik: 0001974820
- company_name: Bridgecrest Auto Funding LLC
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-114317
- JSON: https://secwatch.observer/filing/0001193125-24-114317.json
- Plain text: https://secwatch.observer/filing/0001193125-24-114317.txt

## Key facts
- Material Agreements
  Bridgecrest Auto Funding LLC entered into Purchase Agreement with Bridgecrest Acceptance Corporation and Bridgecrest Auto Funding LLC (effective 2024-04-24).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Bridgecrest Acceptance Corporation and Bridgecrest Auto Funding LLC
  - Effective: 2024-04-24
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: 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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BAC, BAF and Citigroup Global Markets Inc., on behalf of itself and as representative of the Underwriters
  - Effective: 2024-04-17
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm
- Material Agreements
  Bridgecrest Auto Funding LLC entered into Indenture with the Issuer, the Grantor Trust and the Indenture Trustee (effective 2024-04-24).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: the Issuer, the Grantor Trust and the Indenture Trustee
  - Effective: 2024-04-24
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1974820/000119312524114317/0001193125-24-114317-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.