Material Event - Form 8-K

On or about April 5, 2024 (the "Closing Date"), Exeter Automobile Receivables Trust 2024-2, a Delaware statutory trust (the "Trust"), will issue the following classes of notes in the following amounts: (i) Class A-1 Asset-Backed Notes in the aggregate original principal amount of $85,000,000; (ii) Class A-2 Asset-Backed Notes in the aggregate original principal amount of $154,200,000; (iii) Class A-3 Asset-Backed Notes in the aggregate original principal amount of $38,790,000; (iv) Class B Asset-Backed Notes in the aggregate original principal amount of $152,960,000; (v) Class C Asset-Backed Notes in the aggregate original principal amount of $151,680,000; (vi) Class D Asset-Backed Notes in the aggregate original principal amount of $124,170,000; and (vii) Class E Asset-Backed Notes in the aggregate original principal amount of $87,660,000 (collectively, the "Notes"). Certain of the Notes will be registered under the Registration Statement filed by EFCAR, LLC ("EFCAR") with the Securities and Exchange Commission under file number 333-268757 (the "Registration Statement").

On March 26, 2024, EFCAR and Exeter Finance LLC ("Exeter") entered into an Underwriting Agreement, dated as of March 26, 2024 (the "Underwriting Agreement"), with Citigroup Global Markets Inc., Barclays Capital Inc. and Deutsche Bank Securities Inc., acting on behalf of themselves and as representatives of the several underwriters named therein, for the sale of certain of the Notes. Attached as Exhibit 1.1 is the Underwriting Agreement.