EX-99.1 2 copar2021-1exx991xjune2025.htm EX-99.1 Document

Exhibit 99.1

CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2021-1
Statement to Securityholders
Determination Date: July 10, 2025
Payment Date7/15/2025
Collection Period Start6/1/2025
Collection Period End6/30/2025
Interest Period Start6/16/2025
Interest Period End7/14/2025
Cut-Off Date Net Pool Balance$1,356,483,994.50 
Cut-Off Date Adjusted Pool Balance$1,356,483,994.50 


I. DEAL SUMMARY
Beginning Note
Balance		Principal PaymentEnding Note BalanceNote FactorFinal Scheduled Payment Date
Class A-1 Notes$— $— $— —Nov-22
Class A-2 Notes$— $— $— —Feb-25
Class A-3 Notes$5,583,797.49 $5,583,797.49 $— —Sep-26
Class A-4 Notes$105,390,000.00 $7,636,130.56 $97,753,869.44 0.927544Apr-27
Class B Notes$13,565,000.00 $— $13,565,000.00 1.000000Apr-27
Class C Notes$13,564,000.00 $— $13,564,000.00 1.000000May-27
Class D Notes$13,564,000.00 $— $13,564,000.00 1.000000Mar-28
Total Notes$151,666,797.49 $13,219,928.05 $138,446,869.44 
Beginning BalanceEnding BalancePool Factor
Net Pool Balance$155,058,007.48 $141,838,079.43 0.104563
YSOC Amount N/A  N/A
Adjusted Pool Balance$155,058,007.48 $141,838,079.43 
Overcollateralization Amount (Adjusted Pool Balance - Note Balance)$3,391,209.99 $3,391,209.99 
Reserve Account Balance$3,391,209.99 $3,391,209.99 
Beginning Note
Balance		Interest RateAccrual MethodologyInterest Payment
Class A-1 Notes$— 0.13428%ACT/360$— 
Class A-2 Notes$— 0.32000%30/360$— 
Class A-3 Notes$5,583,797.49 0.77000%30/360$3,582.94 
Class A-4 Notes$105,390,000.00 1.04000%30/360$91,338.00 
Class B Notes$13,565,000.00 1.29000%30/360$14,582.38 
Class C Notes$13,564,000.00 1.43000%30/360$16,163.77 
Class D Notes$13,564,000.00 1.68000%30/360$18,989.60 
Total Notes$151,666,797.49 $144,656.69 











II. COLLATERAL POOL BALANCE
Beginning of PeriodEnd of Period
Net Pool Balance$155,058,007.48 $141,838,079.43 
Adjusted Pool Balance (Net Pool Balance - YSOC Amount)$155,058,007.48 $141,838,079.43 
Number of Receivables Outstanding25,691 24,754 
Weighted Average Contract Rate3.90 %3.90 %
Weighted Average Remaining Term (months)19.1 18.3 


III. FUNDS AVAILABLE FOR DISTRIBUTION
Available Funds:
a. Collections
Interest Collections$501,231.10 
Principal Collections$13,142,848.71 
Liquidation Proceeds$100,884.75 
b. Repurchase Price$— 
c. Optional Purchase Price$— 
d. Reserve Account Excess Amount$— 
Total Available Funds$13,744,964.56 
Reserve Account Draw Amount$— 
Total Funds Available for Distribution$13,744,964.56 


IV. DISTRIBUTION
Calculated AmountAmount PaidShortfallCarryover ShortfallRemaining Available Funds
Servicing Fee$129,215.01 $129,215.01 $— $— $13,615,749.55 
Interest - Class A-1 Notes$— $— $— $— $13,615,749.55 
Interest - Class A-2 Notes$— $— $— $— $13,615,749.55 
Interest - Class A-3 Notes$3,582.94 $3,582.94 $— $— $13,612,166.61 
Interest - Class A-4 Notes$91,338.00 $91,338.00 $— $— $13,520,828.61 
First Allocation of Principal$— $— $— $— $13,520,828.61 
Interest - Class B Notes$14,582.38 $14,582.38 $— $— $13,506,246.23 
Second Allocation of Principal$— $— $— $— $13,506,246.23 
Interest - Class C Notes$16,163.77 $16,163.77 $— $— $13,490,082.46 
Third Allocation of Principal$— $— $— $— $13,490,082.46 
Interest - Class D Notes$18,989.60 $18,989.60 $— $— $13,471,092.86 
Fourth Allocation of Principal$9,828,718.06 $9,828,718.06 $— $— $3,642,374.80 
Reserve Account Deposit Amount$— $— $— $— $3,642,374.80 
Regular Principal Distribution Amount$3,391,209.99 $3,391,209.99 $— $— $251,164.81 
Owner Trustee, Indenture Trustee, and ARR Fees & Expenses$— $— $— $— $251,164.81 
Remaining Funds to Certificates$251,164.81 $251,164.81 $— $— $— 
Total$13,744,964.56 $13,744,964.56 $— $— 







V. OVERCOLLATERALIZATION INFORMATION
Yield Supplement Overcollateralization Amount:
Beginning Period YSOC Amount N/A
Increase/(Decrease) N/A
Ending YSOC Amount N/A
Overcollateralization:Beginning of PeriodEnd of Period
Adjusted Pool Balance$155,058,007.48 $141,838,079.43 
Note Balance$151,666,797.49 $138,446,869.44 
Overcollateralization (Adjusted Pool Balance - Note Balance)$3,391,209.99 $3,391,209.99 
Target Overcollateralization Amount$3,391,209.99 $3,391,209.99 
Overcollateralization Shortfall$— $— 


VI. RESERVE ACCOUNT
Specified Reserve Account Balance$3,391,209.99 
Beginning Reserve Account Balance$3,391,209.99 
Reserve Account Deposit Amount$— 
Reserve Account Draw Amount$— 
Reserve Account Excess Amount$— 
Ending Reserve Account Balance$3,391,209.99 





VII. NET LOSS AND DELINQUENT RECEIVABLES
Net Loss:% of EOP Net Pool Balance# of ReceivablesAmount
Defaulted Receivables during Collection Period (Principal Balance)1
0.05%12$77,079.34 
Liquidation Proceeds of Defaulted Receivables2
0.07%128$100,884.75 
Monthly Net Losses (Liquidation Proceeds)$(23,805.41)
Net Losses as % of Average Pool Balance (annualized)
        Third Preceding Collection Period(0.40)%
        Second Preceding Collection Period(0.18)%
        Preceding Collection Period(0.95)%
        Current Collection Period(0.19)%
        Four-Month Average Net Loss Ratio(0.43)%
Cumulative Net Losses for All Periods$2,231,064.77 
Cumulative Net Loss Ratio0.16 %
1 The # of Receivables reported as Defaulted does not include any Receivables that have been paid off or have matured and were either paid in full or had a remaining balance of $10.00 or less following the final payment.
2 Liquidation Proceeds include all proceeds on a receivable after it has been charged-off.
Delinquent Receivables:% of EOP Net Pool Balance# of ReceivablesPrincipal Balance
30-59 Days Delinquent0.60%102$856,264.26 
60-89 Days Delinquent0.29%45$408,432.54 
90-119 Days Delinquent0.03%6$44,991.59 
120+ Days Delinquent0.00%0$— 
Total Delinquent Receivables0.92%153$1,309,688.39 
Repossession Inventory:# of ReceivablesPrincipal Balance
Repossessed in the Current Collection Period4$48,116.20 
Total Repossessed Inventory8$93,907.48 
60+ Delinquency Percentage:# of ReceivablesAmount
60+ Day Delinquent Receivables51$453,424.13 
60+ Delinquencies as % of EOP Net Pool Balance
        Third Preceding Collection Period0.22 %
        Second Preceding Collection Period0.30 %
        Preceding Collection Period0.21 %
        Current Collection Period0.32 %
Delinquency Trigger4.50 %
Current Delinquency Percentage Exceeds Delinquency Trigger? (Yes/No)No


VIII. TEMPORARY FORBEARANCE
The table below presents accounts which received a short-term payment extension in the month of June 2025.
Month-End Balance# of Receivables
($MM)(%)(#)(%)
Total Extensions0.140.10%170.07%