UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

 FORM 10-K
 (Mark One)

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2024

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from __________ to_________

 Commission File Number of issuing entity:
 333-282250-01

 Central Index Key Number of issuing entity:
 0002036521

 SWEPCO Storm Recovery Funding LLC

 (Exact name of issuing entity as specified in its charter)

 Louisiana
 99-4619989

 (State or other jurisdiction of
 (I.R.S. Employer Identification No.)

 incorporation or organization)

 428 Travis Street

 Shreveport, Louisiana
 71101

 (Address of principal executive offices)
 (Zip Code)

 Registrant's telephone number, including area code:
 (318)
 673-3075

 Commission File Number of depositor and sponsor:
 1-3146

 Central Index Key Number of depositor and sponsor:
 0000092487

 Southwestern Electric Power Company

 (Exact name of depositor and sponsor as specified in its charter)

 Delaware
 72-0323455

 (State or other jurisdiction of
 (I.R.S. Employer Identification No.)

 incorporation or organization)

 1 Riverside Plaza, Columbus, Ohio
 43215

 (Address of principal executive offices)
 (Zip Code)

 Registrant's telephone number, including area code:
 (614)
 716-1000

 Securities registered pursuant to Section 12(b) of the Act: None

 Securities registered pursuant to Section 12(g) of the Act: None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
 Yes

 No
 x

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act.
 Yes

 No
 x

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
 Yes
 x
 No

 Indicate by checkmark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
 Yes
 x
 No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Securities Exchange Act of 1934, as amended. Check One:

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer
 x
 Smaller reporting company

 Emerging growth company

 Indicate by check mark if the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
 Yes

 No
 x

 The registrant does not have any voting or non-voting common equity held by non-affiliates.

 Documents incorporated by reference: A portion of the proxy statement relating to the 2025 Annual Meeting of Shareholders of American Electric Power Company, Inc. is incorporated by reference in Item 11 of Part III of this report.

 Auditor Firm Id: 238 Auditor Name: PricewaterhouseCoopers LLP Auditor Location: Columbus, Ohio

 Item 1. Business.

 Item 1A. Risk Factors.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 1C. Cybersecurity.

 Item 2. Properties.

 Item 3. Legal Proceedings.

 Item 4. Mine Safety Disclosures.

 Not applicable.

 Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

 Item 6. [Reserved].

 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.

 Item 7A. Quantitative and Qualitative Disclosures about Market Risk.

 Item 8. Financial Statements and Supplementary Data.

 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosures.

 Item 9A. Controls and Procedures.

 Item 9B. Other Information.

 None.

 Item 9C. Disclosure Regarding Foreign Jurisdiction that Prevent Inspections.

 Not applicable.

 Item 10. Directors and Executive Officers of the Registrant.

 SWEPCO Storm Recovery Funding LLC (the Company) has four managers. At least two managers must not be, and must not have been for at least five years prior to the date of his or her appointment: (i) a direct or indirect legal or beneficial owner of the Company or Southwestern Electric Power Company (SWEPCo) or any of their respective affiliates, (ii) a relative, supplier, employee, officer, director (other than as an independent director), manager (other than as an independent manager), contractor or material creditor of the Company or SWEPCo or any of their respective affiliates or (iii) a person who controls (whether directly, indirectly or otherwise) SWEPCo or its affiliates or any creditor, employee, officer, director, manager or material supplier or contractor of SWEPCo or its affiliates.

 The following are the managers of the Company as of March 27, 2025:

 Name
 Age
 Background

 Trevor I. Mihalik
 President and manager of the Company. Vice president and chief financial officer of Southwestern Electric Power Company, executive vice president and chief financial officer of American Electric Power Company, Inc. (AEP), and executive vice president, chief financial officer and director of American Electric Power Service Corporation, a subsidiary of AEP (Service Corporation) since January 2025.

 Matthew D. Fransen
 Manager of the Company. Vice president and treasurer of Southwestern Electric Power Company, treasurer of AEP and senior vice president-treasury and finance of the Service Corporation since December 1, 2024. Joined the Service Corporation in January 2002 and was appointed as director-strategic initiatives in 2010, appointed managing director-strategic initiatives in 2013, became vice president-renewables in February 2016 and vice president-regulated infrastructure development in June 2021. Treasurer of certain other AEP System companies.

 Sean Emerick
 Manager of the Company. Lead project & program manager since October 2022 for CT Corporation Staffing, Inc., a subsidiary of CT Corporation System. Director, special services, CT Corporation, since 2014. From 2011 to 2014, regional service manager for CT Corporation and, prior to that, vice president and general manager of corporate services at National Registered Agents, Inc. from 2007 to 2011.

 William Bleier
 Manager of the Company. Associate Director, Customer Service for CT Corporation since 2020. From 2017 to 2020 served as Service Manager, Large Corporations and prior to that served as Account Manager, Mid-Market from 2014 to 2017.

 Code of Conduct

 The Company is a wholly owned subsidiary of SWEPCo which in turn is an indirect subsidiary of AEP. AEP has adopted a code of conduct and ethics which applies to all of its subsidiaries. AEP maintains a corporate governance page on its website which includes key information about its corporate governance initiatives, including AEP's Principles of Corporate Governance and AEP's Principles of Business Conduct. The corporate governance page can be found at www.aep.com/investors/governance.

 Item 11. Executive Compensation.

 Other than the annual independent manager fee of $1,500 paid to CT Corporation System, the Company does not pay any compensation to its executive officers or managers.

 The information required by this item with respect to SWEPCo is incorporated herein by reference to the material under Compensation Discussion and Analysis of the definitive proxy statement of American Electric Power Company, Inc. for the 2025 annual meeting of stockholders filed with the Securities and Exchange Commission on March 13, 2025.

 Item 12. Security Ownership of Certain Beneficial Owners and Management.

 None.

 Item 13. Certain Relationships and Related Transactions, and Director Independence.

 None.

 Item 14. Principal Accountant Fees and Services.

 Item 15. Exhibits, Financial Statement Schedules.

 (a) Documents filed as a part of this report:

 1.
 Financial Statements.

 Omitted pursuant to General Instruction J of Form 10-K as listed under Item 8 of this report.

 2.
 Financial Statement Schedules.

 Omitted pursuant to General Instruction J of Form 10-K as listed under Item 8 of this report.

 3.
 Exhibits required by Item 601 of Regulation S-K (exhibits marked with an asterisk are filed herewith):

 See Exhibits listed below, which are incorporated herein by reference.

 (b) Exhibits required by this Form and Item 601 of Regulation S-K (exhibits marked with an asterisk are filed herewith):

 3.1 Articles of Organization of SWEPCO Storm Recovery Funding LLC, dated as of August 28, 2024 (incorporated by reference to exhibit 3.1 included as an exhibit to the Sponsor's Registration Statement on Form SF-1 dated, September 20, 2024).

 3.2 Amended and Restated Limited Liability Company Operating Agreement of SWEPCO Storm Recovery Funding LLC, dated as of December 11, 2024 (incorporated by reference to exhibit 3.2 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 18, 2024).

 4.1 Indenture by and among SWEPCO Storm Recovery Funding LLC, U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary (including the form of the Bonds and the Series Supplement), to be dated as of December 18, 2024 (incorporated by reference to exhibit 4.1 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 18, 2024).

 4.2 Series Supplement by and among SWEPCO Storm Recovery Funding LLC and U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary, dated as of December 18, 2024 (incorporated by reference to exhibit 4.2 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 18, 2024).

 10.1 Storm Recovery Property Servicing Agreement between SWEPCO Storm Recovery Funding LLC and Southwestern Electric Power Company, as Servicer, dated as of December 18, 2024 (incorporated by reference to exhibit 10.1 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 18, 2024).

 10.2 Storm Recovery Property Purchase and Sale Agreement between SWEPCO Storm Recovery Funding LLC and Southwestern Electric Power Company, as Seller, dated as of December 18, 2024 (incorporated by reference to exhibit 10.2 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 18, 2024).

 10.3 Administration Agreement between SWEPCO Storm Recovery Funding LLC and Southwestern Electric Power Company, as Administrator, dated as of December 18, 2024 (incorporated by reference to exhibit 10.3 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 18, 2024).

 10.4 Intercreditor Agreement between AEP Credit, Inc. and JPMorgan Chase Bank, N.A. as administrative agent and control agent, and the issuers, servicers and indenture trustees from time to time party thereto, dated as of December 9, 2024 (incorporated by reference to exhibit 10.4 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 12, 2024).

 10.5 Joinder to Intercreditor Agreement between Southwestern Electric Power Company, as the Company, Securitization Property Servicer and Receivables Sub-Servicer, SWEPCO Storm Recovery Funding LLC, as a Bond Issuer, and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of December 18, 2024 (incorporated by reference to exhibit 10.5 included as an exhibit to the Sponsor's Current Report on Form 8-K dated, December 18, 2024).

 *31.1 Certification pursuant to Rule 13a-14(d)/15d-14(d).

 *33.1 Report on assessment of compliance with servicing criteria for asset-backed issuers for Southwestern Electric Power Company, as servicer.

 *33.2 Report on assessment of compliance with servicing criteria for asset-backed issuers for U.S. Bank National Association, as Indenture Trustee.

 *34.1 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of PricewaterhouseCoopers LLP on behalf of Southwestern Electric Power Company, as servicer.

 *34.2 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of Ernst & Young LLP for U.S. Bank National Association, as Indenture Trustee.

 *35.1 Servicer compliance statement of Southwestern Electric Power Company, as servicer.

 (c) Not Applicable.

 Item 1112(b). Significant Obligors of Pool Assets.

 None.

 Item 1114(b)(2). Credit Enhancement and Other Support, Except for Certain Derivatives Instruments.

 None.

 Item 1115(b). Certain Derivatives Instruments.

 None.

 Item 1117. Legal Proceedings.

 U.S. Bank National Association has provided the following information to the depositor:

 U.S. Bank National Association ("U.S. Bank") and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ("RMBS") trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of action based upon the trustees' purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.

 U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs' claims vigorously. However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.

 On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the "DSTs") that issued securities backed by student loans (the "Student Loans") filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association ("U.S. Bank") in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT Action"). The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.

 U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated. On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.

 U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue contesting the plaintiffs' claims vigorously.

 Item 1119. Affiliations and Certain Relationships and Related Transactions.

 SWEPCO Storm Recovery Funding LLC is a wholly-owned subsidiary of Southwestern Electric Power Company.

 Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.

 The Report on Assessment of Compliance With Servicing Criteria for Asset-Backed Securities and the related attestation report for Southwestern Electric Power Company included as Exhibits 33.1 and 34.1, respectively, to this Form 10-K identified no material instances of noncompliance by Southwestern Electric Power Company with the servicing criteria set forth in Item 1122 of Regulation AB.

 The Report on Assessment of Compliance With Servicing Criteria for Asset-Backed Securities and the related attestation report for U.S. Bank National Association included as Exhibits 33.2 and 34.2, respectively, to this Form 10-K identified no material instances of noncompliance by U.S. Bank National Association with the servicing criteria set forth in Item 1122 of Regulation AB.

 See Exhibits 33.1, 33.2, 34.1 and 34.2 to this Form 10-K.

 Item 1123 of Regulation AB. Servicer Compliance Statement.

 See Exhibit 35.1 to this Form 10-K.

 SIGNATURES
 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, this 28th day of March, 2025.

 SWEPCO Storm Recovery Funding LLC

 (Issuing Entity)

 By: Southwestern Electric Power Company, as Servicer

.s. Matthew D. Fransen

 Matthew D. Fransen

 Treasurer and Senior Officer in Charge of the Servicing Function

 SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT.

 No such annual report, proxy statement, form of proxy or other soliciting material has been sent to Noteholders. The registrant will not be sending an annual report or proxy material to its Noteholders subsequent to the filing of this form.


Document

 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the fiscal year ended December 31, 2024

 or

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from ________________ to ______________________

 Commission file number of the issuing entity 333-275606-03
 CIK number of issuing entity 0002036780

 GM Financial Consumer Automobile Receivables Trust 2024-4
 (Exact name of issuing entity as specified in its charter)

 Commission File Number of depositor 333-275606
 CIK number of depositor 0001347185

 AFS SENSUB CORP.
 (Exact name of depositor as specified in its charter)

 Commission File Number of sponsor 001-13329
 CIK number of sponsor 0001002761

 AMERICREDIT FINANCIAL SERVICES, INC.
 (Exact name of sponsor as specified in its charter)

 Delaware

 99-6844192

 (State or other jurisdiction of incorporation or organization)

 (I.R.S. Employer Identification No.)

 AmeriCredit Financial Services, Inc. (as originator)

 801 Cherry Street, Suite 3500

 Fort Worth, TX

 76102

 (Address of principal executive offices)

 (Zip Code)

 Registrant's telephone number, including area code (817) 302-7000

 Securities registered pursuant to Section 12(b) of the Act None

 Securities registered pursuant to Section 12(g) of the Act None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.

 Not applicable to this registrant.

 DOCUMENTS INCORPORATED BY REFERENCE

 List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g. Part I, Part II, etc.) into which the document is incorporated (1) Any annual report to security holders (2) Any proxy or information statement and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).

 None.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 1.
 BUSINESS

 ITEM 1A.
 RISK FACTORS

 ITEM 1C.
 CYBERSECURITY

 ITEM 2.
 PROPERTIES

 ITEM 3.
 LEGAL PROCEEDINGS

 ITEM 1B. UNRESOLVED STAFF COMMENTS

 None.

 ITEM 4. MINE SAFETY DISCLOSURES

 Not applicable.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 5.
 MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 ITEM 6.
 RESERVED

 ITEM 7.
 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 ITEM 7A.
 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 ITEM 8.
 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 ITEM 9.
 CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 ITEM 9A.
 CONTROLS AND PROCEDURES

 ITEM 9B. OTHER INFORMATION

 None.

 ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

 None.

 The following Items have been omitted in accordance with General Instruction J to Form 10-K

 ITEM 10.
 DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

 ITEM 11.
 EXECUTIVE COMPENSATION

 ITEM 12.
 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

 ITEM 13.
 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

 ITEM 14.
 PRINCIPAL ACCOUNTANT FEES AND SERVICES

 ITEM 15. EXHIBIT AND FINANCIAL STATEMENT SCHEDULES

 (a)

 (1)
 Not applicable

 (2)
 Not applicable

 (3)
 As reported under clause (b)

 (b)

 Exhibit Number

 Description

 Exhibit 3.1

 Amended and Restated Articles of Incorporation, dated as of March 1, 2023, of AFS SenSub Corp. (incorporated by reference from Exhibit 3.1 of the Form SF-3 filed by AFS SenSub Corp. (File No. 333-275606) with the SEC on November 16, 2023).

 Exhibit 3.2

 Amended and Restated Bylaws, dated as of March 1, 2023, of AFS SenSub Corp. (incorporated by reference from Exhibit 3.2 of the Form SF-3 filed by AFS SenSub Corp. (File No. 333-275606) with the SEC on November 16, 2023).

 Exhibit 4.1

 Indenture, dated as of October 16, 2024, between GM Financial Consumer Automobile Receivables Trust 2024-4 and The Bank of New York Mellon, as Trustee and Trust Collateral Agent (incorporated by reference from Exhibit 4.1 of the Current Report on Form 8-K filed by GM Financial Consumer Automobile Receivables Trust 2024-4 (File No. 333-275606-03) with the SEC on October 17, 2024).

 Exhibit 4.2

 Amended and Restated Trust Agreement, dated as of October 16, 2024, between AFS SenSub Corp., as Seller, and Wilmington Trust Company, as Owner Trustee (incorporated by reference from Exhibit 4.2 of the Current Report on Form 8-K filed by GM Financial Consumer Automobile Receivables Trust 2024-4 (File No. 333-275606-03) with the SEC on October 17, 2024).

 Exhibit 4.3

 Sale and Servicing Agreement, dated as of October 16, 2024, among GM Financial Consumer Automobile Receivables Trust 2024-4, as Issuer, AmeriCredit Financial Services, Inc., d b a GM Financial, as Servicer, AFS SenSub Corp., as Seller, and The Bank of New York Mellon, as Trust Collateral Agent (incorporated by reference from Exhibit 4.3 of the Current Report on Form 8-K filed by GM Financial Consumer Automobile Receivables Trust 2024-4 (File No. 333-275606-03) with the SEC on October 17, 2024).

 Exhibit 10.1

 Purchase Agreement, dated as of October 16, 2024, between AmeriCredit Financial Services, Inc., d b a GM Financial, as Seller and AFS SenSub Corp., as Purchaser (incorporated by reference from Exhibit 10.1 of the Current Report on Form 8-K filed by GM Financial Consumer Automobile Receivables Trust 2024-4 (File No. 333-275606-03) with the SEC on October 17, 2024).

 Exhibit 10.6

 Asset Representations Review Agreement, dated as of October 16, 2024, among GM Financial Consumer Automobile Receivables Trust 2024-4, AmeriCredit Financial Services, Inc., d b a GM Financial, and Clayton Fixed Income Services LLC, as Asset Representation Reviewer (incorporated by reference from Exhibit 10.6 of the Current Report on Form 8-K filed by GM Financial Consumer Automobile Receivables Trust 2024-4 (File No. 333-275606-03) with the SEC on October 17, 2024).

 Exhibit 31.1

 Rule 13a-14(a) 15d-14(a) Certification (Section 302 Certification).

 Exhibit 33.1

 Management's Assertion Regarding Compliance with Applicable Servicing Criteria concerning servicing activities of AmeriCredit Financial Services, Inc. and its subsidiaries for the year ended December 31, 2024.

 Exhibit 33.2

 Assessment of Compliance with Applicable Servicing Criteria (The Bank of New York Mellon).

 Exhibit 34.1

 Report of Independent Registered Public Accounting Firm (Ernst Young LLP).

 Exhibit 34.2

 Report of Independent Registered Public Accounting Firm (KPMG LLP).

 Exhibit 35.1

 Servicer Compliance Statement of AmeriCredit Financial Services, Inc.

 (c) Not applicable.

 ITEM 16. FORM 10-K SUMMARY

 None.

 SUBSTITUTE INFORMATION INCLUDED IN ACCORDANCE WITH GENERAL INSTRUCTION J TO FORM 10-K

 ITEM 1112(b) OF REGULATION AB. SIGNIFICANT OBLIGORS OF POOL ASSETS (FINANCIAL INFORMATION)

 There is no single obligor that represents more than 10% of the pool assets.

 ITEM 1114(b)(2) OF REGULATION AB. CREDIT ENHANCEMENT AND OTHER SUPPORT, EXCEPT FOR CERTAIN DERIVATIVE INSTRUMENTS (FINANCIAL INFORMATION)

 There is no external credit enhancement or other support provider that is liable to provide payments supporting any notes or certificates issued by the Issuing Entity.

 ITEM 1115(b) OF REGULATION AB. CERTAIN DERIVATIVE INSTRUMENTS (FINANCIAL INFORMATION)

 No entity provides any derivative instruments that are used to alter the payment characteristics of the cash flows from the Issuing Entity.

 ITEM 1117 OF REGULATION AB. LEGAL PROCEEDINGS

 The Sponsor and the Servicer

 The sponsor is subject to various pending and potential legal and regulatory proceedings in the ordinary course of business, including litigation, arbitration, claims, investigations, examinations, subpoenas and enforcement proceedings. Some litigation against the sponsor could take the form of class actions. The outcome of these proceedings is inherently uncertain, and thus the sponsor cannot confidently predict how or when proceedings will be resolved. An adverse outcome in one or more of these proceedings could result in substantial damages, settlements, fines, penalties, diminished income or reputational harm to the sponsor, and could materially and adversely affect the interests of the noteholders or the servicer's ability to perform its duties under the Transaction Documents.

 The Trustee and the Trust Collateral Agent

 In the ordinary course of business, The Bank of New York Mellon is named as a defendant in legal actions. In connection with its role as trustee of certain residential mortgage-backed securitization, or RMBS, transactions, The Bank of New York Mellon has been named as a defendant in a number of legal actions brought by RMBS investors. These lawsuits allege that the trustee had expansive duties under the governing agreements, including the duty to investigate and pursue breach of representation and warranty claims against other parties to the RMBS transactions. While it is inherently difficult to predict the eventual outcomes of pending actions, The Bank of New York Mellon denies liability and intends to defend the litigations vigorously.

 ITEM 1119 OF REGULATION AB. AFFILIATIONS AND CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

 Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119.

 ITEM 1122 OF REGULATION AB. COMPLIANCE WITH APPLICABLE SERVICING CRITERIA.

 The following documents are filed as part of this report.

 Exhibit Number

 Description

 Exhibit 33.1

 Management's Assertion Regarding Compliance with Applicable Servicing Criteria concerning servicing activities of AmeriCredit Financial Services, Inc. and its subsidiaries for the year ended December 31, 2024.

 Exhibit 33.2

 Assessment of Compliance with Applicable Servicing Criteria (The Bank of New York Mellon).

 Exhibit 34.1

 Report of Independent Registered Public Accounting Firm (Ernst Young LLP).

 Exhibit 34.2

 Report of Independent Registered Public Accounting Firm (KPMG LLP).

 The Servicer has complied, in all material respects, with the Applicable Servicing Criteria.

 The Assessment of Compliance with Applicable Servicing Criteria provided by The Bank of New York Mellon that is included in this report as Exhibit 33.2 includes references to certain Material Instances of Noncompliance by The Bank of New York Mellon. After reviewing information provided by The Bank of New York Mellon, we have ascertained that those instances of noncompliance do not relate to the transactions entered into by the issuing entity, do not relate to the same class of assets as those backing the asset-backed securities described in this report, and do not relate to activities performed by The Bank of New York Mellon pursuant to the transactions relating to the asset-backed securities described in this report.

 ITEM 1123 OF REGULATION AB. SERVICER COMPLIANCE STATEMENT

 The following documents are filed as part of this report.

 Exhibit Number

 Description

 Exhibit 35.1

 Servicer Compliance Statement of AmeriCredit Financial Services, Inc.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, AFS SenSub Corp. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 By

 AFS SENSUB CORP.,

 as Depositor

 By

 s Susan B. Sheffield

 Name
 Susan B. Sheffield

 Title
 Executive Vice President and Chief Financial Officer

 Date
 March 4, 2025

 Supplemental Information to be Furnished With Reports Filed Pursuant to Section 15(d) of the Act by Registrants Which Have Not Registered Securities Pursuant to Section 12 of the Act.

 No annual report, proxy statement, form of proxy or other proxy soliciting material has been sent to certificateholders, and the registrant does not presently contemplate sending any such materials subsequent to the filing of this report.


Document

 UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended February 28, 2025
 OR
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from_____to_____

 Commission File Number of issuing entity 333-260819-13

 Central Index Key Number of issuing entity 0002037519

 CARMAX AUTO OWNER TRUST 2024-4
 (Exact name of the Issuing Entity as specified in its charter)

 Commission File Number of depositor 333-260819

 Central Index Key Number of depositor 0001259380

 CARMAX AUTO FUNDING LLC
 (Exact name of the Depositor as specified in its charter)

 Central Index Key Number of sponsor (if applicable) 0001601902

 CARMAX BUSINESS SERVICES, LLC
 (Exact name of the Sponsor as specified in its charter)

 Delaware
 (State or other jurisdiction of incorporation or organization for the Issuing Entity and the Depositor)

 99-6859302
 (I.R.S. Employer Identification No. for the Issuing Entity)

 01-0794037
 (I.R.S. Employer Identification No. for the Depositor)

 12800 Tuckahoe Creek Parkway, Suite 400, Richmond, VA 23238
 (Address of principal executive offices, Zip Code)

 (804) 935-4512
 (Registrant's telephone number, including area code)

 Securities registered pursuant to Section 12(b) of the Act None

 Securities registered pursuant to Section 12(g) of the Act None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No
 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No (The registrant is not currently required to submit such files)

 Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act. (Check one)

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer (do not check if a smaller reporting company)

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter Not applicable.

 DOCUMENTS INCORPORATED BY REFERENCE

 List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated (1) Any annual report to security holders (2) Any proxy or information statement and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980). None.

 The following items have been omitted in accordance with General Instruction J to Form 10-K

 Item 1.
 Business.

 Item 1A.
 Risk Factors.

 Item 2.
 Properties.

 Item 3.
 Legal Proceedings.

 Item 1B. Unresolved Staff Comments.
 None.

 Item 4. Mine Safety Disclosures.
 Not applicable.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1112(b) of Regulation AB. Significant Obligors of Pool Assets (Financial Information).

 No single obligor represents 10% or more of the pool assets held by CarMax Auto Owner Trust 2024-4 (the Issuing Entity).

 Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain Derivatives Instruments (Information Regarding Significant Enhancement Providers).

 No entity or group of affiliated entities provides any external credit enhancement or other support with respect to either payment on the pool assets held by the Issuing Entity or payments on the asset-backed notes (the Notes) issued by the Issuing Entity.

 Item 1115(b) of Regulation AB. Certain Derivatives Instruments (Financial Information).

 Based on the standards set forth in Item 1115(b) of Regulation AB, no information is required in response to this item.

 Item 1117 of Regulation AB. Legal Proceedings.

 There are no legal proceedings pending, or any proceedings known to be contemplated by governmental authorities, against CarMax Business Services, LLC (the "Sponsor" and, in its role as the servicer, the "Servicer"), CarMax Auto Funding LLC (the "Depositor"), U.S. Bank Trust Company, National Association (the "Indenture Trustee"), the Issuing Entity or the other parties described in Item 1117 of Regulation AB, or of which any property of the foregoing is the subject, that are material to holders of the Notes.

 The following items have been omitted in accordance with General Instruction J to Form 10-K

 Item 5.
 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

 Item 6.
 Selected Financial Data.

 Item 7.
 Management's Discussion and Analysis of Financial Condition and Results of Operations.

 Item 7A.
 Quantitative and Qualitative Disclosures About Market Risk.

 Item 8.
 Financial Statements and Supplementary Data.

 Item 9.
 Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.

 Item 9A.
 Controls and Procedures

 Item 9B. Other Information.

 None.

 The following items have been omitted in accordance with General Instruction J to Form 10-K

 Item 10.
 Directors, Executive Officers and Corporate Governance.

 Item 11.
 Executive Compensation.

 Item 12.
 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

 Item 13.
 Certain Relationships and Related Transactions, and Director Independence.

 Item 14.
 Principal Accountant Fees and Services.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.

 Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119.

 Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.

 The Servicer and the Indenture Trustee (collectively, the "Servicing Parties") have been identified by the registrant as parties participating in the servicing function with respect to the asset pool held by the Issuing Entity. Each of the Servicing Parties has completed a report on an assessment of compliance with the servicing criteria applicable to it (each, a Servicing Report), which Servicing Reports are attached as exhibits to this report on Form 10-K. In addition, each of the Servicing Parties has provided an attestation report under Item 1122 of Regulation AB (each, an Attestation Report) by an independent registered public accounting firm, which reports are also attached as exhibits to this report on Form 10-K. Neither of the Servicing Reports provided by the Servicer or the Indenture Trustee nor the Attestation Reports provided by the Servicer or the Indenture Trustee has identified any material instance of noncompliance with the servicing criteria applicable to the respective Servicing Party.

 Item 1123 of Regulation AB. Servicer Compliance Statement.

 The Servicer has been identified by the registrant as a servicer with respect to the asset pool held by the Issuing Entity. The Servicer has completed a statement of compliance (a Compliance Statement) signed by an authorized officer of the Servicer. The Compliance Statement is attached as an exhibit to this report on Form 10-K.

 Item 15. Exhibits and Financial Statement Schedules.

 (a)(1)
 Not applicable.

 (a)(2)
 Not applicable.

 (a)(3)
 The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index.

 (b)
 The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index.

 (c)
 Not applicable.

 Item 16. Form 10-K Summary.

 None.

 Supplemental Information to be Furnished With Reports Filed Pursuant to Section 15(d) of the Act by Registrants Which Have Not Registered Securities Pursuant to Section 12 of the Act

 No annual report to security holders, proxy statement, form of proxy or other proxy soliciting material has been sent to security holders or is anticipated to be furnished to security holders subsequent to the filing of this annual report on Form 10-K.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 Date May 23, 2025

 CARMAX AUTO OWNER TRUST 2024-4

 By
 CarMax Auto Funding LLC,

 as Depositor on behalf of CarMax Auto Owner Trust 2024-4

 By
 s Greg Dostich

 Name
 Greg Dostich

 Title
 Vice President and Treasurer

 (Senior officer in charge of securitization)

 EXHIBIT INDEX

 Exhibit Number

 Description of Exhibit

 3.1

 Certificate of Formation of CarMax Auto Funding LLC.*

 3.2

 Amended and Restated Limited Liability Company Agreement of CarMax Auto Funding LLC dated as of December 1, 2004.**

 4.1

 Indenture dated as of November 1, 2024 between the Issuing Entity and U.S. Bank Trust Company, National Association, as indenture trustee (including forms of the Notes).***

 4.2

 Amended and Restated Trust Agreement dated as of November 1, 2024 between CarMax Auto Funding LLC, as depositor, and Wilmington Trust, National Association, as owner trustee.***

 31.1

 Rule 13a-14(d) 15d-14(d) Certification of CarMax Auto Funding LLC (Section 302 Certification).

 33.1

 Report on Assessment of Compliance with Applicable Servicing Criteria of CarMax Business Services, LLC.

 33.2

 Report on Assessment of Compliance with Applicable Servicing Criteria of U.S. Bank Trust Company, National Association.

 34.1

 Attestation Report on Assessment of Compliance with Servicing Criteria of KPMG LLP, on behalf of CarMax Business Services, LLC.

 34.2

 Attestation Report on Assessment of Compliance with Servicing Criteria of Ernst Young LLP, on behalf of U.S. Bank Trust Company, National Association.

 35.1

 Annual Servicing Compliance Statement of CarMax Business Services, LLC.

 99.1

 Sale and Servicing Agreement dated as of November 1, 2024 among the Issuing Entity, CarMax Auto Funding LLC, as depositor, and CarMax Business Services, LLC, as servicer.***

 99.2

 Receivables Purchase Agreement dated as of November 1, 2024 between CarMax Business Services, LLC, as seller, and CarMax Auto Funding LLC, as purchaser.***

 99.3

 Administration Agreement dated as of November 1, 2024 among the Issuing Entity, CarMax Business Services, LLC, as administrator, and U.S. Bank Trust Company, National Association, as indenture trustee.***

 99.4

 Asset Representations Review Agreement dated as of November 1, 2024 among the Issuing Entity, CarMax Business Services, LLC, as servicer, and Clayton Fixed Income Services LLC, as asset representations reviewer.***

 99.5

 Securities Account Control Agreement dated as of November 1, 2024 among the Issuing Entity, CarMax Business Services, LLC, as Servicer, U.S. Bank Trust Company, National Association as Indenture Trustee and as Secured Party, and U.S. Bank National Association as Securities Intermediary***

 ________________________________________________________________________

 *

 Incorporated by reference from the registration statement on Form S-3 of CarMax Auto Funding LLC originally filed on September 26, 2003 (File No. 333-107925).

 **

 Incorporated by reference from the registration statement on Form S-3 of CarMax Auto Funding LLC originally filed on August 4, 2005 (File No. 333-127189).

 ***

 Incorporated by reference from the current report on Form 8-K of CarMax Auto Funding LLC and the Issuing Entity filed on October 31, 2024 (File No. 333-107925 and File No. 333-260819-13).