{"url_path":"/sec/cik-0001654238/8-k/2026-05-21/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/1654238/0000929638-26-001947-index.html","accession_number":"0000929638-26-001947","cik":"0001654238","ticker":null,"issuer_name":"EFCAR, LLC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1654238/0000929638-26-001947-index.html","primary_entity_key":"0001654238","primary_entity_name":"EFCAR, LLC"},"word_count":245,"has_tables":true,"body_markdown":"Item 1.01\n\nEntry into a Material Definitive Agreement.\n\n \n\nOn or about May 27, 2026 (the “Closing Date”), Exeter Select Automobile Receivables Trust 2026-1, a Delaware statutory trust (the “Trust”), will issue the following classes of\nnotes in the following amounts: (i) Class A-1 Asset-Backed Notes in the aggregate original principal amount of $48,000,000; (ii) Class A-2 Asset-Backed Notes in the aggregate original principal amount of $97,430,000; (iii) Class A-3 Asset-Backed\nNotes in the aggregate original principal amount of $97,430,000; (iv) Class B Asset-Backed Notes in the aggregate original principal amount of $26,350,000; (v) Class C Asset-Backed Notes in the aggregate original principal amount of  $42,670,000;\n(vi) Class D Asset-Backed Notes in the aggregate original principal amount of $38,960,000; (vii) Class E Asset-Backed Notes in the aggregate original principal amount of $8,170,000; and (viii) Class N\nAsset-Backed Notes in the aggregate original principal amount of $25,400,000 (collectively, the “Notes”).  Certain of the Notes will be registered under the Registration Statement filed by EFCAR, LLC (“EFCAR”) with the Securities and Exchange\nCommission under file number 333-268757 (the “Registration Statement”).\n\n \n\nOn May 19, 2026, EFCAR and Exeter Finance LLC (“Exeter”) entered into an Underwriting Agreement, dated as of May 19, 2026 (the “Underwriting Agreement”), with Deutsche Bank Securities Inc., Citigroup Global Markets Inc. and Mizuho Securities USA LLC, acting on behalf of themselves and as representatives of the several underwriters named therein, for the sale of\ncertain of the Notes.  Attached as Exhibit 1.1 is the Underwriting Agreement."}