8-K 1 tm2620097d14_8k.htm FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported) July 30, 2026 BRIDGECREST LENDING AUTO SECURITIZATION TRUST
2026-3 (Exact Name of Issuing Entity as Specified
in its Charter) Commission File Number of Issuing Entity: 333-271899-12 Central Index Key Number of Issuing Entity: 0002138886 BRIDGECREST AUTO FUNDING LLC (Exact Name of Depositor as Specified in its
Charter) Commission File Number of Depositor: 333-271899 Central Index Key Number of Depositor: 0001974820 BRIDGECREST ACCEPTANCE CORPORATION (Exact Name of Sponsor as Specified in its
Charter) Central Index Key Number of Sponsor: 0001493927 Delaware (State or Other Jurisdiction of Incorporation
of Registrant) 41-6664071 (Issuing Entity’s I.R.S. Employer Identification
No.) Bridgecrest Auto Funding LLC 1720 W. Rio Salado Parkway Tempe, Arizona 85281 (Address of Principal Executive Offices of Registrant) (Zip Code) (888) 418-1212 (Registrant’s Telephone Number, Including
Area Code) Not Applicable (Former Name or Former Address, if Changed Since
Last Report) Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of
the Securities Exchange Act of 1934: Title of each class Trading Symbol(s) Name of each exchange on which registered N/A N/A N/A Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter). 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. ¨ Item 1.01. Entry into a Material Definitive Agreement. Bridgecrest Acceptance Corporation (“BAC”)
and Bridgecrest Auto Funding LLC (“BAF”) entered into a Purchase Agreement (the “Purchase Agreement”), dated as
of July 30, 2026, (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. Bridgecrest Lending Auto Securitization Trust 2026-3 (the “Issuer”), a Delaware statutory trust, was established
by a Trust Agreement, dated as of December 2, 2025 ,
which was amended and restated by an Amended and Restated Trust Agreement, dated as of the Closing Date (the “Amended and Restated
Trust Agreement”) , by and between BAF, as depositor, and Wilmington Trust, National Association, as owner trustee. Bridgecrest
Lending Auto Securitization Grantor Trust 2026-3 (the “Grantor Trust”), a Delaware statutory trust, was established by a Trust
Agreement, dated as of December 2, 2025 , which was amended and restated by an Amended
and Restated Trust Agreement, dated as of the Closing Date (the “Amended and Restated Grantor Trust Agreement”) , by
and between the Issuer, as grantor trust seller, and Wilmington Trust, National Association, as grantor trust trustee. 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. On the Closing Date, the Issuer entered into a Receivables
Contribution Agreement, dated as of the Closing Date (the “Receivables Contribution Agreement”), with the Grantor Trust, pursuant
to which the Receivables and related property were transferred to the Grantor Trust. On the Closing Date, the Issuer, the Grantor Trust,
BAC, as sponsor and servicer, and Clayton Fixed Income Services LLC, as asset representations reviewer, entered into an Asset Representations
Review Agreement, dated as of the Closing Date (the “Asset Representations Review Agreement”), relating to the review of certain
representations relating to the Receivables after satisfaction of certain conditions. Also, on the Closing Date, the Issuer entered into
an Indenture, dated as of the Closing Date (the “Indenture”), by and between the Issuer, the Grantor Trust and the Indenture
Trustee. Pursuant to the Indenture, the Issuer caused the issuance of the following notes: the Class A-1 3.997% Auto Loan Asset Backed
Notes, the Class A-2 4.46% Auto Loan Asset Backed Notes, the Class A-3 4.64% Auto Loan Asset Backed Notes, the Class B
4.84% Auto Loan Asset Backed Notes, the Class C 5.02% Auto Loan Asset Backed Notes and the Class D 5.59% Auto Loan Asset Backed
Notes (collectively, the “Publicly Registered Notes”) and the Class E 7.36% Auto Loan Asset Backed Notes (the “Class E
Notes” and together with the Publicly Registered Notes, the “Notes”). Also pursuant to the Indenture, the Issuer and
the Grantor Trust granted a security interest in the Receivables and other related property to secure the Notes. Also, on the Closing
Date, the Issuer, the Grantor Trust, BAC, as administrator, and the Indenture Trustee entered into an Administration Agreement, dated
as of the Closing Date (the “Administration Agreement”), relating to the provision by BAC of certain administration services
on behalf of the Issuer and the Grantor Trust relating to the Notes. The Publicly Registered Notes were sold to BMO Capital Markets Corp.,
Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC (together, the “Underwriters”),
pursuant to an Underwriting Agreement, dated as of July 21, 2026, by and among BAC, BAF and BMO Capital Markets Corp., on behalf
of itself and as representative of the Underwriters. The Publicly Registered Notes have been registered pursuant to the Securities Act
of 1933, as amended (the “Act”), under a Registration Statement on Form SF-3 (Commission File No. 333-271899). Attached as Exhibit 4.1 is the Indenture,
as Exhibit 10.1 is the Purchase Agreement, as Exhibit 10.2 is the Sale and Servicing Agreement, as Exhibit 10.3 is the
Receivables Contribution Agreement, as Exhibit 10.4 is the Administration Agreement, as Exhibit 10.5 is the Amended and Restated
Trust Agreement, as Exhibit 10.6 is the Amended and Restated Grantor Trust Agreement and as Exhibit 10.7 is the Asset Representations
Review Agreement. Item 8.01. Other Events. On the Closing Date, the Issuer issued Class E
Notes in the aggregate principal amount of $62,170,000 to BAF, as depositor, and BAF sold the Class E Notes to Qualified Institutional
Buyers pursuant to the requirements of Rule 144A promulgated under the Securities Act of 1933. Item 9.01. Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit No. Document Description 4.1 Indenture, dated as of the Closing Date, between the Issuer, the Grantor Trust and Computershare Trust Company, National Association,
as indenture trustee (the “Indenture Trustee”). 10.1 Purchase Agreement, dated as of the Closing Date, between BAC and BAF. 10.2 Sale and Servicing Agreement, dated as of the Closing Date, between the Issuer, the Grantor Trust, BAF, BAC, as servicer, Computershare
Trust Company, National Association, and the Indenture Trustee. 10.3 Receivables Contribution Agreement, dated as of the Closing Date, between the Issuer and the Grantor Trust. 10.4 Administration Agreement, dated as of the Closing Date, between the Issuer, the Grantor Trust, BAC, as administrator, and the Indenture
Trustee. 10.5 Amended and Restated Trust Agreement, dated as of the Closing Date, between BAF and Wilmington Trust, National Association, not in
its individual capacity but solely as owner trustee for the Issuer. 10.6 Amended and Restated Grantor Trust Agreement, dated as of the Closing Date, between the Issuer and Wilmington Trust, National Association,
not in its individual capacity but solely as grantor trust trustee for the Grantor Trust. 10.7 Asset Representations Review Agreement, dated as of the Closing Date, between the Issuer, the Grantor Trust, BAC, as sponsor and servicer,
and Clayton Fixed Income Services LLC, as asset representations reviewer. SIGNATURES Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. July 30, 2026 BRIDGECREST AUTO FUNDING LLC By: /s/ Daniel Gaudreau Name: Daniel Gaudreau Title: President

Bridgecrest Acceptance Corporation transferred motor vehicle retail installment sales contracts to Bridgecrest Auto Funding LLC on July 30, 2026, expanding BAF's automotive financing portfolio and revenue generation capabilities.

On July 30, 2026, Bridgecrest Acceptance Corporation (BAC) and Bridgecrest Auto Funding LLC (BAF) entered into a Purchase Agreement, whereby BAC transferred certain motor vehicle retail installment sales contracts associated with new and used automobiles, light-duty trucks, SUVs, and vans (collectively referred to as 'Receivables') to BAF. This transaction is significant for BAF as it expands its portfolio of motor vehicle loans, potentially enhancing its revenue generation capabilities. The conditions of the agreement and the financial implications of the transferred Receivables have strategic importance for both parties involved.

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